Post-Earnings Briefing - Exxon Mobil

LONDON, March 2, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Investor-Edge.com has issued free post-earnings briefing on Exxon Mobil Corp. (NYSE: XOM). On February 02, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=Exxon%20Mobil&d=02-Mar-2015&s=XOM to read our free earnings review on Exxon Mobil Corporation (ExxonMobil). The company's total revenues and other income came in at $87.28 billion for Q4 FY14 and $411.94 billion for FY14. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Exxon%20Mobil&d=02-Mar-2015&s=XOM

Earnings Overview 

During Q4 FY14, ExxonMobil's total revenues and other income fell by $23.58 billion from $110.86 billion in Q4 FY13. The company's Q4 FY14 total revenues and other income missed Bloomberg analysts' forecast of $88.67 billion. ExxonMobil's oil-equivalent production fell 3.8% to 4,054 kilo barrel of oil equivalent per day (koebd) in Q4 FY14 from 4,216 koebd in Q4 FY13. Liquids production decreased 53,000 barrels per day Y-o-Y to 2.18 million barrels per day. The Abu Dhabi onshore concession expiry reduced volumes by 133,000 barrels per day during Q4 FY14. Excluding this impact, liquids production was up 80,000 barrels per day. Moreover, natural gas production decreased 653 million cubic feet per day Y-o-Y to 11.23 billion cubic feet per day in Q4 FY14. Free research on XOM can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Exxon%20Mobil&d=02-Mar-2015&s=XOM

During Q4 FY14, GAAP net income attributable to ExxonMobil stood at $6.57 billion, or $1.56 per diluted share, compared to $8.35 billion, or $1.91 per diluted share, in Q4 FY13. Analysts from Bloomberg had expected GAAP net income attributable to ExxonMobil of $5.72 billion, or $1.35 per diluted share, in Q4 FY14.

In Q4 FY14, ExxonMobil increased its dividend per share by 9.5% Y-o-Y to $0.69 and distributed $5.9 billion to shareholders, including $3 billion in share purchases to reduce shares outstanding. The company repurchased a total of 36 million shares of its common stock for the treasury at a cost of $3.3 billion in Q4 FY14. Furthermore, the company is expected to reduce its outstanding shares by a total value of $1 billion in Q1 FY15.

In FY14, ExxonMobil's total revenues and other income fell by $26.32 billion from $438.26 billion in FY13. The company's FY14 total revenues and other income outperformed Bloomberg analysts' forecast of $401.52 billion. ExxonMobil's oil-equivalent production fell 4.9% to 3,969 koebd in FY14 from 4,175 koebd in FY13. Moreover, liquids production was down 91,000 barrels per day Y-o-Y to 2.11 million barrels per day. The Abu Dhabi onshore concession expiry, reduced volumes by 135,000 barrels per day, excluding which, the liquid production was up 2% Y-o-Y in FY14. Moreover, natural gas production was down 691 million cubic feet per day Y-o-Y to 11.15 billion cubic feet per day, in FY14. Sign up and read the free analyst's notes on XOM at:

http://get.Investor-Edge.com/pdf/?c=Exxon%20Mobil&d=02-Mar-2015&s=XOM

For FY14, GAAP net income attributable to ExxonMobil was $32.52 billion, or $7.60 per diluted share, compared to $32.58 billion, or $7.37 per diluted share, in FY13. Analysts from Bloomberg had expected GAAP net income attributable to ExxonMobil of $31.68 billion, or $7.43 per diluted share, in FY14.

ExxonMobil completed a record eight major upstream projects, including the Papua New Guinea liquefied natural gas project, in FY14. The company also achieved its full-year plan to produce 4 million oil-equivalent barrels per day. Meanwhile, the company's capital and exploration expenditures in FY14 were down 9% Y-o-Y to $38.54 billion.

In FY14, ExxonMobil distributed $23.6 billion to shareholders in 2014 through dividends and share purchases, to reduce outstanding shares, resulting in a total shareholder distribution yield of 5.4%. The company gross share purchases in FY14 were $13.2 billion, reducing shares outstanding by 136 million shares. Furthermore, the company is expected to reduce its outstanding shares by total value of $1 billion, in Q1 FY15. Visit Investor-Edge and access the latest research on XOM at:

http://get.Investor-Edge.com/pdf/?c=Exxon%20Mobil&d=02-Mar-2015&s=XOM

Stock Performance 

On the day of the earnings release, February 02, 2015, ExxonMobil's stock gained 2.47% to end the session at $89.58. Since then, the stock has moved both ways with losses outshining the gains. On the last close, Friday, February 27, 2015, the company's shares finished 0.12% lower at $88.54, after vacillating between $88.34 and $89.28. A total of 13.09 million shares were traded which was below its three months average volume of 16.51 million shares. Over the previous three trading sessions and over the past three months, the company's shares have fallen by 0.98% and 4.13%, respectively. However, the stock has advanced 1.28% in the last one month. Shares in ExxonMobil are trading below their 50-day and 200-day moving averages of $90.98 and $96.16, respectively. Furthermore, the stock traded at a PE ratio of 11.76 has a Relative Strength Index (RSI) of 41.59.    

Sneak Peek to Corporate Insider Trading 

In the last one month, ExxonMobil has reported only one corporate insider transaction to the U.S. Securities and Exchange Commission (SEC). On February 13, 2015, Randy J. Cleveland, President of XTO Energy, a subsidiary of ExxonMobil, disposed 5,339 shares at a price of $92.70 per share and for a total value of $494,925. Complimentary in-depth research on XOM is available at:

http://get.Investor-Edge.com/pdf/?c=Exxon%20Mobil&d=02-Mar-2015&s=XOM

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