Exxon Mobil estimates effects of market factors impacting Q2 results

In a regulatory filing, Exxon Mobil stated: “To give perspective regarding market and planned factors affecting 2Q 2024 results, we are providing the following summary of items management believes will impact 2Q 2024 results relative to 1Q 2024 results. These factors are generally limited to significant planned activities, market dynamics, and seasonal demand patterns. This is only intended to provide information regarding current estimates of these factors. It is not comprehensive of all changes between 1Q 2024 and 2Q 2024 results and is not an estimate of 2Q 2024 earnings for the Corporation. For example, the table below does not reflect operating performance; ongoing improvement initiatives; impacts from the seasonality of base operating expenses; unscheduled downtime; or foreign exchange fluctuation, among other factors. Contributions from new project start-ups or acquisitions are also not included in this table, though some estimated impacts of the Pioneer Natural Resources acquisition are included in a separate table… Further, this list may not account for all adjustments and charges required to fully reflect the changes in industry conditions and are subject to finalization of the Corporation’s financial reporting process for 2Q 2024.”