Exxon 2009 Annual Report Download - page 18

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2009 Results and Highlights
•
Record performance in workforce safety that continues to lead industry.
•
Strong earnings of $19.3 billion in a challenging business environment.
•
Annual dividend per share growth of 7 percent versus 2008, the 27th consecutive year of
dividend per share increases.
•
Total shareholder distributions of $26 billion.
•
Industry-leading return on average capital employed of 16 percent.
•
Start-up of eight major Upstream projects.
•
Total net production of liquids and natural gas available for sale of 3.9 million oil-equivalent
barrels per day.
•
Proved oil and gas reserve additions of 2.0 billion oil-equivalent barrels, replacing 134 percent of production
excluding asset sales and determined on ExxonMobil’s basis.
•
Start-up of a world-scale, fully integrated refining and petrochemical complex in Fujian Province, China.
BUSINESS MODEL
ExxonMobil has a consistent and straightforward business model that combines
our long-term perspective, disciplined approach to capital investment, and
focus on operational excellence to grow shareholder value. We identify,
develop, and execute projects using global best practices that ensure project
returns will be resilient across a range of economic scenarios. We operate
our facilities using proven management systems to achieve operational
excellence. As a result, we consistently generate more income from a highly
efficient capital base, as demonstrated by our superior return on average capital
employed. We deliver industry-leading financial and operating results that
grow long-term shareholder value.
ExxonMobil’s superior performance demonstrates the strength of
our long-term business model.
ExxonMobil’s฀fundamental฀strategies฀are฀key฀to฀achieving฀sustained,฀outstanding฀performance฀
in all aspects of our business. These strategies are not new. They have been tested and proven
over฀decades,฀spanning฀the฀highs฀and฀lows฀of฀prior฀business฀cycles.฀Through฀the฀superior฀execution฀
of฀these฀strategies,฀ExxonMobil฀is฀able฀to฀meet฀the฀challenge฀of฀providing฀reliable,฀affordable฀energy฀
in a responsible manner while delivering superior returns for our shareholders.
EXXON฀MOBIL฀CORPORATION฀ •฀ 2009฀SUMMARY฀ANNUAL฀REPORT 15