Sustainably Growing Shareholder Value
GROWING VALUE IN A NET-ZERO FUTURE
Robust strategy improves business across range of scenarios
EXXONMOBIL CAPITAL EXPENDITURES MODELED
UNDER IEA NZE 2050 SCENARIO1
Trailing 5-year averages
2020 actual
2030
2050
100%
EXXONMOBIL OPERATING CASH FLOW
POTENTIAL UNDER IEA NZE 2050 SCENARIO1
Trailing 5-year averages, nominal dollars
2020
actual
Scenario analysis demonstrates
business strength and significant role
in energy transition
Growing in areas aligned with
competitive advantages to deliver
differentiated returns
0%
2030
Flexibility to shift investments within
portfolio based on pace of transition
Significant opportunity to grow
earnings and cash flow
Chemicals
Low Carbon Solutions
Traditional oil and natural gas
Source: IEA NZE scenario information and ExxonMobil analysis.
2050
Source: IEA NZE scenario information and ExxonMobil analysis.
See Supplemental Information for footnotes and definitions.
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