Insight
Strategy update: ExxonMobil's 2022 Investor Day
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
ExxonMobil left no doubt that it has come a long way over the last year at its 2022 Analyst Day. The company has moved swiftly to reshape a strategy that plays to its competitive strengths and is adaptable to a range of scenarios. The crux of the strategic repositioning is that low carbon themes have to scale up massively in a rapid transition. That would require a much higher carbon price to deliver the necessary returns to attract investment. These market dynamics would drive the re-allocation of resources from ExxonMobil’s legacy business into building new profit centres in hydrogen, biofuels and CCS. In practice, the Supermajor’s new energy portfolio is in its infancy. The company still has to execute on its strategy to lead the industry in the energy transition. We look at the role an improving legacy business will play and the challenges to address in delivering on the low carbon strategy.
Table of contents
-
Executive Summary
- A huge potential investible market in CCS, hydrogen and biofuels
- A strong foundation from which to execute the strategy
- Shedding more light on the low carbon strategy
- Repositioning the core Product Solutions portfolio for the energy transition
Tables and charts
This report includes the following images and tables:
-
Number of hydrogen projects by companyExxonMobil's upstream Scope 1 and 2 emissions intensity versus operating cash margin (2022 to 2027)*
-
Wood Mackenzie's free cash flow projection from refining, petrochemicals and retailCash flow breakeven sensitivityThe Majors' strategic evolution
What's included
This report contains:
Other reports you may be interested in
Country Report
Global aluminium smelter asset cost summary
The Global Aluminium Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Insight
Global Short-Term LNG Supply Tracker (Q3 2025)
Quarterly update of short-term LNG supply dynamics by country
$1,050
Insight
European power investment summit 2025: highlights and perspectives
Takeaways from the European Power Investment Summit, summarising major themes, opportunities, and uncertainties.
$5,000
