Exxon Mobil's (XOM) Management on Q3 2019 Results - Earnings Call Transcript

Exxon Mobil Corporation (NYSE:XOM) Q3 2019 Earnings Conference Call November 1, 2019 9:30 AM ET

Company Participants

Neil Hansen – Vice President-Investor Relations and Secretary

Conference Call Participants

Doug Terreson – Evercore ISI
Sam Margolin – Whiteolfe Research
Neil Mehta – Goldman Sachs
Phil Gresh – J.P. Morgan
Jon Rigby – UBS
Doug Leggate – Bank of America
Biraj Borkhataria – Royal Bank of Canada
Paul Cheng – Scotiabank
Dan Boyd – BMO Capital Markets
Jason Gabelman – Cowen

Operator

Good day, everyone. Welcome to this Exxon Mobil Corporation Third Quarter 2019 Earnings Call. Today's call is being recorded. At this time, I'd like to turn the call over to the Vice President of Investor Relations and Secretary, Mr. Neil Hansen. Please go ahead, sir.

Neil Hansen

All right. Thank you. Good morning everyone. Welcome to our third quarter earnings call. We appreciate your participation and continued interest in ExxonMobil. I’m Neil Hansen, Vice President of Investor Relations. During today's call, I'll review our financial and operating performance and provide updates on the substantial progress we've made on our major growth projects. I'll be happy to take your questions following my prepared remarks.

My comments this morning will reference the slides available on the investor section of our website. I'd also like to draw your attention to the cautionary statement on Slide 2 and the supplemental information at the end of the presentation.

Moving to Slide 3 let me begin by summarizing the excellent progress we've made this year on plans to grow shareholder value. The long-term fundamentals that underpin our investments remain strong. We've generated nearly $9 billion in earnings through the first nine months of the year with a portfolio that is resilient to a range of commodity prices and margins.

We are investing in advantage projects that