Share Facebook hyperlink opens in a fresh window Twitter backlink opens in a completely new window Linkedin hyperlink opens in a different window 1 Electronic mail backlink opens in a new window copy to clipboard close Print ExxonMobil announces second-quarter 2023 success

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ExxonMobil and Denbury will file relevant components With all the Securities and Trade Fee (the “SEC”), which includes a registration assertion on Kind S-four submitted by ExxonMobil that could include things like a proxy statement of Denbury that also constitutes a prospectus of ExxonMobil. A definitive proxy statement/prospectus might be mailed to stockholders of Denbury. This communication isn't a substitute with the registration statement, proxy statement or prospectus or some other doc that ExxonMobil or Denbury (as applicable) may file While using the SEC in connection with the proposed transaction.

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variations in the provision and demand from customers for oil, pure fuel, petrochemicals, and feedstocks and also other current market components, economic circumstances and seasonal fluctuations that impression prices and differentials for our solutions; government guidelines supporting lessen carbon  investment decision chances  such  as  the  U.S.  Inflation Reduction Act or policies limiting the attractiveness of upcoming financial commitment for example the extra European taxes on the Vitality sector; variable impacts of trading routines on our margins and final results Every quarter; actions of opponents and business counterparties; the end result of commercial negotiations, such as last agreed stipulations; the chance to accessibility credit card debt markets; the final word impacts of COVID-19 or other community wellbeing crises, such as the consequences of presidency responses on folks and economies; reservoir overall performance, such as variability and timing things applicable to unconventional assets; the level and end result of exploration tasks and decisions to speculate in long run reserves; timely completion of development and also other design assignments; ultimate management acceptance of future tasks and any modifications within the scope, terms, or fees of these kinds of initiatives as approved; authorities policies and assist and current market need for reduced carbon systems; war, civil unrest, assaults in opposition to the organization or marketplace and various political or safety disturbances;  expropriations,  seizure,  or  capacity,  insurance  or  delivery  restrictions  by  foreign  governments  or  regulations; possibilities for opportunity acquisitions, investments or divestments and fulfillment of applicable circumstances to closing, together with timely regulatory approvals; the seize of efficiencies within and concerning enterprise traces and the ability to preserve in close proximity to-time period cost reductions as ongoing efficiencies; unforeseen technical or operating problems and unplanned upkeep; the development and competitiveness of alternative Vitality and emission reduction systems; the outcomes of study courses and the opportunity to bring new technologies to business scale on a price-aggressive basis; along with other factors mentioned underneath Item 1A. Hazard Components of ExxonMobil’s 2022 Type ten-K.

This demonstrates the significant possibility to profitably increase our Reduced Carbon Alternatives small business by developing a persuasive shopper decarbonization proposition With all the opportunity to lessen Gulf Coastline industrial emissions by 100 million metric tons for every year5.”

References to assets or source base may contain quantities of oil and organic fuel categorised as proved reserves, and quantities that are not nevertheless classified as proved reserves, but which have been expected being ultimately recoverable. The expression “resource foundation” or comparable phrases aren't intended to correspond to SEC definitions which include “possible” or “possible” reserves.

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5Subject to further financial commitment by ExxonMobil and permitting for carbon seize and storage projects. 

ExxonMobil's ambitions, designs and aims will not promise any action or future performance by its affiliate marketers or Exxon Mobil Corporation's duty for anyone affiliates' actions and future effectiveness, Each and every affiliate of which manages its possess affairs.

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