### ExxonMobil 2024 Financial Results Overview

ExxonMobil reported strong financial performance in 2024, achieving its third-best earnings in a decade with $33.7 billion in net income and $55.0 billion in cash flow from operations. The company also distributed $36.0 billion to shareholders, ranking among the top S&P 500 firms in shareholder returns.

#### Key Financial Highlights:
- 4Q24 earnings: $7.6 billion ($1.72 per share), down from $8.6 billion in 3Q24.
- Full-year 2024 earnings: $33.7 billion ($7.84 per share), compared to $36.0 billion ($8.89 per share) in 2023.
- Capital and exploration expenditures: $27.6 billion, up from $26.3 billion in 2023.
- Free cash flow: $34.4 billion.
- Return on capital employed: 12.7% for 2024, leading the industry.

#### Operational Achievements:
- Record oil production from the Permian Basin and Guyana, contributing to 4.3 million oil-equivalent barrels per day—the highest in over ten years.
- Energy Products: Earnings fell to $4.0 billion from $12.1 billion due to declining industry refining margins.
- Chemical Products: Earnings increased to $2.6 billion, benefiting from lower ethane costs and record high-value product sales.
- Specialty Products: Earnings grew to $3.1 billion, supported by higher lubricant and basestock margins.

#### Cost Savings and Shareholder Returns:
- Achieved $12.1 billion in structural cost savings since 2019, surpassing inflation and growth-related costs.
- $16.7 billion in dividends paid, with a 42-year consecutive annual dividend increase.
- Repurchased $19.3 billion in shares, with a plan to extend the $20 billion annual share repurchase program through 2026.

#### CEO Outlook:
Darren Woods emphasized ExxonMobil’s strong financial and operational execution, industry-leading returns on capital, and continued investment in growth and efficiency. He highlighted the company's long-term investment strategy, which positions ExxonMobil for sustained profitability and cash flow generation well beyond 2030.

The company remains focused on cost discipline, strategic investments, and maintaining industry leadership despite challenges such as geopolitical risks, fluctuating market conditions, and regulatory changes.