EXXON MOBIL CORP - Quarter Report: 2024 March (Form 10-Q)

Condensed Consolidated Statement of Changes in Equity - Three months ended March 31, 2024 and 2023

Notes to Condensed Consolidated Financial Statements

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Item 4. Controls and Procedures

PART II. OTHER INFORMATIONItem 1. Legal Proceedings

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Item 5. Other Information

Item 6. Exhibits

Index to Exhibits

Signature

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS


CONDENSED CONSOLIDATED STATEMENT OF INCOME

(millions of dollars, unless noted)

Three Months Ended
March 31,

2024

2023

Revenues and other income

Sales and other operating revenue

Income from equity affiliates

Other income

Total revenues and other income

Costs and other deductions

Crude oil and product purchases

Production and manufacturing expenses

Selling, general and administrative expenses

Depreciation and depletion (includes impairments)

Exploration expenses, including dry holes

Non-service pension and postretirement benefit expense

Interest expense

Other taxes and duties

Total costs and other deductions

Income (loss) before income taxes

Income tax expense (benefit)

Net income (loss) including noncontrolling interests

Net income (loss) attributable to noncontrolling interests

Net income (loss) attributable to ExxonMobil

Earnings (loss) per common share (dollars)

Earnings (loss) per common share - assuming dilution (dollars)

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(millions of dollars)

Three Months Ended
March 31,

Other comprehensive income (net of income taxes)

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


CONDENSED CONSOLIDATED BALANCE SHEET

ASSETS

Inventories

LIABILITIES

Current liabilities

EQUITY

)

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS


(millions of dollars)	Three Months Ended March 31,
	2024	2023

CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) including noncontrolling interests
Depreciation and depletion (includes impairments)

Changes in operational working capital, excluding cash and debt		()
All other items – net	()
Net cash provided by operating activities

CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment	()	()
Proceeds from asset sales and returns of investments
Additional investments and advances	()	()
Other investing activities including collection of advances
Net cash used in investing activities	()	()

CASH FLOWS FROM FINANCING ACTIVITIES
Additions to long-term debt


Reductions in short-term debt	()	()
Additions/(reductions) in debt with three months or less maturity	()	()

Cash dividends to ExxonMobil shareholders	()	()
Cash dividends to noncontrolling interests	()	()
Changes in noncontrolling interests		()
Common stock acquired	()	()
Net cash used in financing activities	()	()

Effects of exchange rate changes on cash	()
Increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

SUPPLEMENTAL DISCLOSURES
Income taxes paid
Cash interest paid
Included in cash flows from operating activities
Capitalized, included in cash flows from investing activities
Total cash interest paid


Noncash right of use assets recorded in exchange for lease liabilities
Operating leases
Finance leases

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.


CONDENSED CONSOLIDATED STATEMENT OF CHANGE IN EQUITY

ExxonMobil Share of Equity

(millions of dollars, unless noted)

Common Stock

Earnings Reinvested

Accumulated Other Comprehensive Income

Common Stock Held
in Treasury

ExxonMobil Share of Equity

Non-controlling Interests

Total
Equity

Balance as of December 31, 2022

()

Amortization of stock-based awards

—

Other

()

—

()

Net income (loss) for the period

—

Dividends - common shares

—

()

—

()

Other comprehensive income (loss)

—

Share repurchases, at cost

—

()

—

()

Dispositions

—

Balance as of March 31, 2023

()

Balance as of December 31, 2023

()

Amortization of stock-based awards

—

Other

()

—

()

Net income (loss) for the period

—

Dividends - common shares

—

()

—

()

Other comprehensive income (loss)

—

()

—

()

Share repurchases, at cost

—

()

—

()

Dispositions

—

Balance as of March 31, 2024

()

Three Months Ended March 31, 2024

Three Months Ended March 31, 2023

Common Stock Share Activity

(millions of shares)

Issued

Held in Treasury

Outstanding

Issued

Held in Treasury

Outstanding

Balance as of December 31

()

Share repurchases, at cost

—

()

—

()

Dispositions

—

Balance as of March 31

()

The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

) )))

)

Note 5.

Weighted-average number of common shares outstanding (millions of shares) (1)

Earnings (loss) per common share (dollars) (2)

Dividends paid per common share (dollars)

(1) Includes restricted shares not vested.

(2) Earnings (loss) per common share and earnings (loss) per common share – assuming dilution are the same in each period shown.

Note 6.

Interest cost Expected return on plan assets()()Amortization of actuarial loss/(gain) Amortization of prior service cost()()Net pension enhancement and curtailment/settlement cost Net benefit cost Pension Benefits - Non-U.S.Service cost Interest cost Expected return on plan assets()()Amortization of actuarial loss/(gain) Amortization of prior service cost Net benefit cost Other Postretirement BenefitsService cost Interest cost Expected return on plan assets()()Amortization of actuarial loss/(gain)()()Amortization of prior service cost()()Net benefit cost

Note 7.

— ()()—

Advances to/receivables from equity companies (2)(6)

— — —

Other long-term financial assets (3)

— — — Liabilities

Derivative liabilities (4)

— ()()—

Long-term debt (5)

— — —

Long-term obligations to equity companies (6)

— — — — () — ()()— — — — — — — — — () (millions)March 31, 2024December 31, 2023Crude oil (barrels) ()Petroleum products (barrels)()()Natural gas (MMBTUs)()()) Crude oil and product purchases ()Total()

Note 8.

Non-U.S. Energy ProductsUnited States Non-U.S. Chemical ProductsUnited States Non-U.S. Specialty ProductsUnited States Non-U.S. Corporate and Financing()()Corporate total Sales and Other Operating RevenueUpstreamUnited States Non-U.S. Energy ProductsUnited States Non-U.S. Chemical ProductsUnited States Non-U.S. Specialty ProductsUnited States Non-U.S. Corporate and Financing Corporate total Intersegment RevenueUpstreamUnited States Non-U.S. Energy ProductsUnited States Non-U.S. Chemical ProductsUnited States Non-U.S. Specialty ProductsUnited States Non-U.S. Corporate and Financing

Non-U.S. Total

Significant Non-U.S. revenue sources include: (1)

Canada United Kingdom Singapore France Australia Belgium Germany

(1) Revenue is determined by primary country of operations. Excludes certain sales and other operating revenues in non-U.S. operations where attribution to a specific country is not practicable.

Revenue from Contracts with Customers

Sales and other operating revenue include both revenue within the scope of ASC 606 and outside the scope of ASC 606. Trade receivables in Notes and accounts receivable – net reported on the Balance Sheet also includes both receivables within the scope of ASC 606 and those outside the scope of ASC 606. Revenue and receivables outside the scope of ASC 606 primarily relate to physically settled commodity contracts accounted for as derivatives. Contractual terms, credit quality, and type of customer are generally similar between those revenues and receivables within the scope of ASC 606 and those outside it.

Revenue outside the scope of ASC 606 Total Non-U.S.U.S.Non-U.S. Non-U.S.U.S.Non-U.S.

References in this discussion to Corporate earnings (loss) mean net income (loss) attributable to ExxonMobil (U.S. GAAP) from the Condensed Consolidated Statement of Income. Unless otherwise indicated, references to earnings (loss); Upstream, Energy Products, Chemical Products, Specialty Products, and Corporate and Financing earnings (loss); and earnings (loss) per share are ExxonMobil's share after excluding amounts attributable to noncontrolling interests.

Due to rounding, numbers presented may not add up precisely to the totals indicated.

Structural Cost Savings

Structural Cost Savings describes decreases in cash opex excluding energy and production taxes as a result of operational efficiencies, workforce reductions, divestment-related reductions, and other cost-savings measures that are expected to be sustainable compared to 2019 levels. Relative to 2019, estimated cumulative Structural Cost Savings totaled $10.1 billion, which included an additional $0.4 billion in the first three months of 2024. The total change between periods in expenses below will reflect both Structural Cost Savings and other changes in spend, including market factors, such as inflation and foreign exchange impacts, as well as changes in activity levels and costs associated with new operations. Estimates of cumulative annual structural savings may be revised depending on whether cost reductions realized in prior periods are determined to be sustainable compared to 2019 levels. Structural Cost Savings are stewarded internally to support management's oversight of spending over time. This measure is useful for investors to understand the Corporation's efforts to optimize spending through disciplined expense management.


Dollars in billions (unless otherwise noted)	Twelve Months Ended December 31,		Three Months Ended March 31,
	2019	2023	2023	2024
Components of Operating Costs
From ExxonMobil’s Consolidated Statement of Income (U.S. GAAP)
Production and manufacturing expenses	36.8	36.9	9.4	9.1
Selling, general and administrative expenses	11.4	9.9	2.4	2.5
Depreciation and depletion (includes impairments)	19.0	20.6	4.2	4.8
Exploration expenses, including dry holes	1.3	0.8	0.1	0.1
Non-service pension and postretirement benefit expense	1.2	0.7	0.2	—
Subtotal	69.7	68.9	16.4	16.5
ExxonMobil’s share of equity company expenses (non-GAAP)	9.1	10.5	2.7	2.4
Total Adjusted Operating Costs (non-GAAP)	78.8	79.4	19.1	18.9

Total Adjusted Operating Costs (non-GAAP)	78.8	79.4	19.1	18.9
Less:
Depreciation and depletion (includes impairments)	19.0	20.6	4.2	4.8
Non-service pension and postretirement benefit expense	1.2	0.7	0.2	—
Other adjustments (includes equity company depreciation and depletion)	3.6	3.7	0.8	0.9
Total Cash Operating Expenses (Cash Opex) (non-GAAP)	55.0	54.4	13.9	13.2

Energy and production taxes (non-GAAP)	11.0	14.9	4.3	3.4
Total Cash Operating Expenses (Cash Opex) excluding Energy and Production Taxes (non-GAAP)	44.0	39.5	9.6	9.8

		Change vs 2019		Change vs 2023	Estimated Cumulative vs 2019
Total Cash Operating Expenses (Cash Opex) excluding Energy and Production Taxes (non-GAAP)		-4.5		+0.2

Market		+3.6		+0.1
Activity/Other		+1.6		+0.5
Structural Cost Savings		-9.7		-0.4	-10.1

Due to rounding, numbers presented may not add up precisely to the totals indicated.

REVIEW OF FIRST QUARTER 2024 RESULTS

ExxonMobil’s first-quarter 2024 earnings were $8.2 billion, or $2.06 per share assuming dilution, compared with earnings of $11.4 billion a year earlier. The decrease in earnings was mainly driven by declining industry refining margins and lower natural gas prices. Capital and exploration expenditures were $5.8 billion, down $0.5 billion from first quarter 2023.

UPSTREAM


Upstream Financial Results

(millions of dollars)	Three Months Ended March 31,
	2024	2023
Earnings (loss) (U.S. GAAP)
United States	1,054	1,632
Non-U.S.	4,606	4,825
Total	5,660	6,457

Identified Items (1)
United States	—	—
Non-U.S.	—	(158)
Total	—	(158)

Earnings (loss) excluding Identified Items (1) (Non-GAAP)
United States	1,054	1,632
Non-U.S.	4,606	4,983
Total	5,660	6,615

(1) Refer to page 18 for definition of Identified Items and earnings (loss) excluding Identified Items.

Upstream First Quarter Earnings Factor Analysis

(millions of dollars)

Price – Price impacts decreased earnings by $820 million, driven by a 32% decrease in natural gas realizations, partially offset by a 4% increase in liquids realizations.

Advantaged Volume Growth – Higher volumes from advantaged assets increased earnings by $430 million, mainly driven by Guyana liquids growth.

Base Volume – Lower base volumes decreased earnings by $400 million, mainly driven by divestments, government-mandated curtailments, and unfavorable entitlement effects.

Structural Cost Savings – Increased earnings by $90 million.

Expenses – Higher expenses, primarily from depreciation, decreased earnings by $160 million.

Other – Other items decreased earnings by $470 million, reflecting other primarily non-cash impacts from tax and inventory adjustments as well as divestments.

Timing Effects – Less unfavorable timing effects from derivatives mark-to-market impacts increased earnings by $370 million.

Identified Items (1) – 1Q 2023 $(158) million loss driven by additional European taxes.

(1) Refer to page 18 for definition of Identified Items and earnings (loss) excluding Identified Items.

Upstream Operational Results

Three Months Ended
March 31,

2024

Net natural gas production available for sale

(millions of cubic feet daily)

(1) Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.

Upstream Additional Information

(1) Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.

1Q 2024

versus

1Q 2023

1Q 2024 production of 3.8 million oil-equivalent barrels per day decreased 47 thousand oil-equivalent barrels per day from 1Q 2023. Excluding the impacts from entitlements, divestments, and higher government-mandated curtailments, net production grew by 77 thousand oil-equivalent barrels per day, mainly driven by Guyana.

Listed below are descriptions of ExxonMobil’s volumes reconciliation factors which are provided to facilitate understanding of the terms.

Entitlements - Net Interest are changes to ExxonMobil’s share of production volumes caused by non-operational changes to volume-determining factors. These factors consist of net interest changes specified in Production Sharing Contracts (PSCs), which typically occur when cumulative investment returns or production volumes achieve defined thresholds, changes in equity upon achieving pay-out in partner investment carry situations, equity redeterminations as specified in venture agreements, or as a result of the termination or expiry of a concession. Once a net interest change has occurred, it typically will not be reversed by subsequent events, such as lower crude oil prices.

Entitlements - Price, Spend and Other are changes to ExxonMobil’s share of production volumes resulting from temporary changes to non-operational volume-determining factors. These factors include changes in oil and gas prices or spending levels from one period to another. According to the terms of contractual arrangements or government royalty regimes, price or spending variability can increase or decrease royalty burdens and/or volumes attributable to ExxonMobil. For example, at higher prices, fewer barrels are required for ExxonMobil to recover its costs. These effects generally vary from period to period with field spending patterns or market prices for oil and natural gas. Such factors can also include other temporary changes in net interest as dictated by specific provisions in production agreements.

Government Mandates are changes to ExxonMobil's sustainable production levels as a result of production limits or sanctions imposed by governments.

Divestments are reductions in ExxonMobil’s production arising from commercial arrangements to fully or partially reduce equity in a field or asset in exchange for financial or other economic consideration.

Growth and Other comprise all other operational and non-operational factors not covered by the above definitions that may affect volumes attributable to ExxonMobil. Such factors include, but are not limited to, production enhancements from project and work program activities, acquisitions including additions from asset exchanges, downtime, market demand, natural field decline, and any fiscal or commercial terms that do not affect entitlements.

ENERGY PRODUCTS

Energy Products Financial Results

(millions of dollars)

Three Months Ended
March 31,

Earnings (loss) (U.S. GAAP)

Identified Items (1)

Earnings (loss) excluding Identified Items (1) (Non-GAAP)

Due to rounding, numbers presented may not add up precisely to the totals indicated.

Energy Products First Quarter Earnings Factor Analysis

(millions of dollars)

Margin – Margins decreased earnings by $2,000 million driven by weaker industry refining margins.

Advantaged Volume Growth – Higher volumes from advantaged assets increased earnings by $140 million, primarily driven by the Beaumont refinery expansion.

Base Volume – Lower base volumes decreased earnings by $210 million, on divestment of three refining assets (Billings, Sriracha, and Trecate).

Structural Cost Savings – Increased earnings by $140 million.

Expenses – Higher expenses decreased earnings by $290 million, on higher scheduled maintenance and turnaround activity.

Other – All other items increased earnings by $40 million.

Timing Effects – Unfavorable timing effects from derivatives mark-to-market impacts decreased earnings by $660 million.

Identified Items (1) – 1Q 2023 $(30) million loss related to additional European taxes.

(1) Refer to page 18 for definition of Identified Items and earnings (loss) excluding Identified Items.


Energy Products Operational Results

(thousands of barrels daily)	Three Months Ended March 31,
	2024	2023
Refinery throughput
United States	1,900	1,643
Canada	407	417
Europe	954	1,189
Asia Pacific	402	565
Other	180	184
Worldwide	3,843	3,998

Energy Products sales (1)
United States	2,576	2,459
Non-U.S.	2,656	2,818
Worldwide	5,232	5,277

Gasoline, naphthas	2,178	2,177
Heating oils, kerosene, diesel	1,742	1,770
Aviation fuels	339	312
Heavy fuels	214	215
Other energy products	759	803

(1) Data reported net of purchases/sales contracts with the same counterparty.

CHEMICAL PRODUCTS

Chemical Products Financial Results

(millions of dollars)

Three Months Ended
March 31,

Earnings (loss) (U.S. GAAP)

Earnings (loss) excluding Identified Items (1) (Non-GAAP)

(1) Refer to page 18 for definition of Identified Items and earnings (loss) excluding Identified Items.

Chemical Products First Quarter Earnings Factor Analysis

(millions of dollars)

Margin – Increased North America feed advantage from lower natural gas prices and higher margins from performance chemicals realizations, more than offset industry margin decline, increasing earnings by $200 million.

Advantaged Volume Growth – Additional high-value product volumes increased earnings by $40 million.

Base Volume – Higher base volumes increased earnings by $160 million, primarily driven by strong reliability and absence of turnarounds.

Structural Cost Savings – Increased earnings by $20 million.

Expenses – Lower turnaround expenses increased earnings by $10 million.

Other – All other items decreased earnings by $20 million.

Chemical Products Operational Results

(thousands of metric tons)

Three Months Ended
March 31,

Chemical Products sales (2)

(2) Data reported net of purchases/sales contracts with the same counterparty.

SPECIALTY PRODUCTS

Specialty Products Financial Results

(millions of dollars)

Three Months Ended
March 31,

Earnings (loss) (U.S. GAAP)

Earnings (loss) excluding Identified Items (1) (Non-GAAP)

(1) Refer to page 18 for definition of Identified Items and earnings (loss) excluding Identified Items.

Specialty Products First Quarter Earnings Factor Analysis

(millions of dollars)

Margin – Stronger finished lubes margins due to lower feed costs more than offset weaker basestock margins, increasing earnings by $30 million.

Base Volume – Unfavorable volume/mix effects decreased earnings by $20 million.

Structural Cost Savings – Increased earnings by $20 million.

Expenses – Higher expenses decreased earnings by $40 million.

Specialty Products Operational Results

(thousands of metric tons)

Three Months Ended
March 31,

Specialty Products sales (2)

(2) Data reported net of purchases/sales contracts with the same counterparty.

CORPORATE AND FINANCING

Corporate and Financing Financial Results

(millions of dollars)

Three Months Ended
March 31,

Because of the ongoing nature of our asset management and divestment program, we believe it is useful for investors to consider proceeds associated with asset sales together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities, including shareholder distributions.

Cash flow from operations and asset sales in the first quarter of 2024 was $15.4 billion, a decrease of $1.8 billion from the comparable 2023 period primarily reflecting lower earnings.

Cash provided by operating activities totaled $14.7 billion for the first three months of 2024, $1.7 billion lower than 2023. Net income including noncontrolling interests was $8.6 billion, a decrease of $3.3 billion from the prior year period. The adjustment for the noncash provision of $4.8 billion for depreciation and depletion was up $0.6 billion from 2023. Changes in operational working capital were a contribution of $2.0 billion during the period. All other items net decreased cash flows by $0.7 billion in 2024 versus a contribution of $0.6 billion in 2023. See the Condensed Consolidated Statement of Cash Flows for additional details.

Investing activities for the first three months of 2024 used net cash of $4.6 billion, a decrease of $0.3 billion compared to the prior year. Spending for additions to property, plant and equipment of $5.1 billion was $0.3 billion lower than 2023. Proceeds from asset sales were $0.7 billion, a decrease of $0.2 billion compared to the prior year. Net investments and advances decreased $0.2 billion from $0.4 billion in 2023.

Net cash used in financing activities was $8.0 billion in the first three months of 2024, including $3.0 billion for the purchase of 27.5 million shares of ExxonMobil stock, as part of the previously announced buyback program. This compares to net cash used in financing activities of $8.5 billion in the prior year. Total debt at the end of the first quarter of 2024 was $40.4 billion compared to $41.6 billion at year-end 2023. The Corporation's debt to total capital ratio was 16.0 percent at the end of the first quarter of 2024 compared to 16.4 percent at year-end 2023. The net debt to capital ratio was 3.2 percent at the end of the first quarter, a decrease of 1.3 percentage points from year-end 2023. The Corporation's capital allocation priorities are investing in competitively advantaged, high-return projects; maintaining a strong balance sheet; and sharing our success with our shareholders through more consistent share repurchases and a growing dividend. The Corporation distributed a total of $3.8 billion to shareholders in the first three months of 2024 through dividends.

The Corporation has access to significant capacity of long-term and short-term liquidity. Internally generated funds are expected to cover the majority of financial requirements, supplemented by long-term and short-term debt. The Corporation had undrawn short-term committed lines of credit of $0.3 billion and undrawn long-term committed lines of credit of $1.9 billion as of first quarter 2024.

The Corporation, as part of its ongoing asset management program, continues to evaluate its mix of assets for potential upgrade. Because of the ongoing nature of this program, dispositions will continue to be made from time to time which will result in either gains or losses. Additionally, the Corporation continues to evaluate opportunities to enhance its business portfolio through acquisitions of assets or companies, and enters into such transactions from time to time. Key criteria for evaluating acquisitions include strategic fit, cost synergies, potential for future growth, low cost of supply, and attractive valuations. Acquisitions may be made with cash, shares of the Corporation’s common stock, or both.

Litigation and other contingencies are discussed in Note 3 to the unaudited condensed consolidated financial statements.

Contractual Obligations

The Corporation and its affiliates have numerous long-term sales and purchase commitments in their various business activities, all of which are expected to be fulfilled with no adverse consequences material to the Corporation’s operations or financial condition. Through the first quarter of 2024, the Corporation entered into two long-term purchase agreements with an estimated total obligation of approximately $3.0 billion.

TAXES

(1) Includes “Other taxes and duties” plus taxes that are included in “Production and manufacturing expenses” and “Selling, general and administrative expenses”.

Total taxes were $11.0 billion for the first quarter of 2024, a decrease of $2.1 billion from 2023. Income tax expense was $3.8 billion compared to $5.0 billion in the prior year. The effective income tax rate, which is calculated based on consolidated company income taxes and Exxonmobil's share of equity company income taxes, was 36 percent. This increased from the 34 percent rate in the prior year period due primarily to a change in mix of results in jurisdictions with varying tax rates. Total other taxes and duties decreased by $0.9 billion to $7.2 billion.

CAPITAL AND EXPLORATION EXPENDITURES

(millions of dollars)

Three Months Ended
March 31,

(1) Includes shares withheld from participants in the company's incentive program for personal income taxes.

(2) Excludes 1% U.S. excise tax on stock repurchases.

(3) Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1. As required by securities law restrictions, no repurchases take place during proxy solicitation and voting periods for transactions involving the issuance of ExxonMobil shares. For the Pioneer transaction, this period occurred during the first quarter of 2024.

(4) In its 2022 Corporate Plan Update released December 8, 2022, the Corporation stated that the company expanded its share repurchase program to up to $50 billion through 2024, including $15 billion of repurchases in 2022 and $17.5 billion in 2023. In its 2023 Corporate Plan Update released December 6, 2023, the Corporation stated that after the Pioneer transaction closes, the go-forward share repurchase program pace is expected to increase to $20 billion annually through 2025, assuming reasonable market conditions.

During the first quarter, the Corporation did not issue or sell any unregistered equity securities.

ITEM 5. OTHER INFORMATION

During the three months ended March 31, 2024,

ITEM 6. EXHIBITS

See Index to Exhibits of this report.

INDEX TO EXHIBITS


Exhibit						Description

31.1						Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Executive Officer.
31.2						Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Financial Officer.
31.3						Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Accounting Officer.
32.1						Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Executive Officer.
32.2						Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Financial Officer.
32.3						Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Accounting Officer.
101						Interactive Data Files (formatted as Inline XBRL).
104						Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	EXXON MOBIL CORPORATION
Date: April 29, 2024	By:	/s/ LEN M. FOX
		Len M. Fox
		Vice President, Controller and
		Principal Accounting Officer

EXXON MOBIL CORP - Quarter Report: 2024 March (Form 10-Q)

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