Share Fb link opens in a completely new window Twitter website link opens in a new window Linkedin connection opens in a new window one Email hyperlink opens in a different window duplicate to clipboard shut Print ExxonMobil announces second-quarter 2023 effects
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Expanded Management in carbon seize and storage by agreeing to amass Denbury and achieving 5 million metric tons per year of CO2 offtake contracts with industrial customers2
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$eight.3 billion, which involved yet another $0.9 billion in the very first 6 months of 2023. The entire adjust amongst intervals in fees higher than will mirror both of those structural Price cost savings together with other modifications in expend, such as current market elements, such as inflation and international Trade impacts, in addition to modifications in activity concentrations and expenditures affiliated with new functions. Estimates of cumulative yearly structural financial savings might be revised depending on no matter if Expense reductions recognized in prior durations are determined to be sustainable when compared with 2019 amounts.
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Added facts with regard to the Distribution is set out from the administration information and facts circular of the Company dated July 10, 2024 (the "Round"), a duplicate of which is out there totally free under the organization's profile for the Canadian Securities Administrators' Site at .
The Baytown chemical enlargement task, which can increase 750 kta of overall performance substances manufacturing, accomplished mechanical completion in the second quarter, having a phased start-up predicted inside the third quarter this year.
When compared to the exact same quarter final yr, Web charges greater $220 million. Unfavorable tax things and foreign Trade impacts have been partly offset by reduced funding prices.
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No assurance is usually given that these expectations will establish to be proper and such forward-wanting statements included in this information release really should not be unduly relied on. These statements discuss only as on the day of the information release. Specifically and without limitation, this news release is made up of ahead-looking statements referring to the Distribution, including the anticipated payout on the Distribution.
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