Exxon Mobil Corporation (NYSE:XOM) Q3 2023 Earnings Call Transcript

Darren Woods: Yes, I would just add to that, Sam, obviously we view the dividend as a commitment, and as we saw through the pandemic, even when things get tough, we work hard to make sure that we’re continuing to deliver on that commitment to our shareholders. As we think about going forward and the volatility in the markets and the commodity cycle, we do need to make sure that as we think about growth in the dividend, that we also think about sustainability and the ability to deliver on that commitment, irrespective of what the market throws at us. That goes into the equation as we think about that going forward, and when we’ve got additional cash that we want to distribute, we’ve always got the buyback, which obviously as Kathy said, we’re looking to have a more consistent level of that as well. That’s kind of how we’re thinking about it. Thanks for the question.

Sam Margolin: Thank you

Jennifer Driscoll: You’re welcome, and thanks everyone for joining the call and for your questions today. We will post a transcript of our Q&A session on the investor website next week. We look forward to connecting with you again on December 6 for our corporate plan update. With that, have a nice weekend, everyone, and I’ll turn it back to the Operator to conclude our call.

Operator: Thank you. This concludes today’s call. We thank everyone again for their participation.