UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 7, 2020
Exxon Mobil Corporation
(Exact name of registrant as specified in its charter)
New Jersey | 1-2256 | 13-5409005 |
(State or other jurisdiction | (Commission | (IRS Employer |
of incorporation) | File Number) | Identification No.) |
5959 Las Colinas Boulevard, Irving, Texas 75039-2298
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (972) 940-6000
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| (Former name or former address, if changed since last report) |
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Securities registered pursuant to Section 12(b) of the Act: | |||
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| Name of Each Exchange |
Title of Each Class | Trading Symbol |
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Common Stock, without par value | XOM |
| New York Stock Exchange |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 | Regulation FD Disclosure. |
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| Exxon Mobil Corporation 1Q20 Earnings Considerations is furnished as Exhibit 99.1 to this Report. |
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| On April 7, 2020, the Corporation issued a press release discussing its response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic and certain related matters. The full text of the press release is furnished as Exhibit 99.2 to this Report. |
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Item 8.01 | Other Events. |
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| On April 7, 2020, the Corporation announced it is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic. Capital investments for 2020 are now expected to be about $23 billion, down from the previously announced $33 billion. |
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INDEX TO EXHIBITS
Exhibit No. | Description |
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Exxon Mobil Corporation 1Q20 Earnings Considerations. | |
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Exxon Mobil Corporation News Release, dated April 7, 2020. | |
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104 | Cover Page Interactive Data File (formatted as Inline XBRL). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| EXXON MOBIL CORPORATION | |
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Date: April 7, 2020 | By: | /s/ DAVID S. ROSENTHAL |
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| David S. Rosenthal |
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| Vice President and Controller |
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| (Principal Accounting Officer) |
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