Exxon 2014 Annual Report Download - page 34
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Please find page 34 of the 2014 Exxon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Downstream Statistical Recap 2014 2013 2012 2011 2010
Earnings (millions of dollars) 3,045 3,449 13,190 4,459 3,567
Refinery throughput (thousands of barrels per day) 4,476 4,585 5,014 5,214 5,253
Petroleum product sales (thousands of barrels per day) 5,875 5,887 6,174 6,413 6,414
Average capital employed
(1)
(millions of dollars) 23,977 24,430 24,031 23,388 24,130
Return on average capital employed
(1)
(percent) 12.7 14.1 54.9 19.1 14.8
Capital expenditures
(1)
(millions of dollars) 3,034 2,413 2,262 2,120 2,505
(1) See Frequently Used Terms on pages 44 and 45.
Downstream
2014 Results & Highlights
• Achieved best-ever safety and strong
operational performance
• Delivered earnings of $3.0 billion and return on average
capital employed of 12.7 percent, averaging 26 percent
over the past 10 years
• Invested $3.0 billion, focused on higher-value products,
feedstock flexibility, logistics, and energy efficiency
• Achieved record sales of our industry-leading lubricants
Mobil 1 and Mobil Delvac 1
• Expanded the branded retail site network in the United States and progressed conversion to a branded
wholesaler model in many European markets
• Commissioned the Clean Fuels Project at our joint venture facility in Saudi Arabia to produce low-sulfur
gasoline and ultra-low sulfur diesel
• Completed a lube basestock expansion in Singapore and a lubricant plant expansion in Tianjin, China
• Started construction on a new delayed coker unit at our refinery in Antwerp, Belgium, to convert
lower-value bunker fuel into higher-value diesel products
Strategies
• Maintain best-in-class operations
• Provide quality, valued products
and services to our customers
• Lead industry in efficiency and effectiveness
• Capitalize on integration across
ExxonMobil businesses
• Maintain capital discipline
• Maximize value from leading-edge technologies
32 EXXONMOBIL 2014 SUMMARY ANNUAL REPORT
32 EXXONMOBIL 2014 SUMMARY ANNUAL REPORT