2019 SUMMARY ANNUAL REPORT Cautionary Statement • Statements That Reference Future Events Or Conditions in This Report Are Forward-Looking Statements
2019 SUMMARY ANNUAL REPORT Cautionary Statement • Statements that reference future events or conditions in this report are forward-looking statements. Actual future results, including demand growth and energy source mix; capacity growth; the impact of new technologies; production growth; project plans, dates, costs, and capacities; resource additions, production rates, and resource recoveries; efficiency gains; cost savings; earnings growth; cash flow generation; integration and technology benefits; project returns; and product sales could differ materially due to a number of factors, including: global or regional changes in oil, natural gas, petrochemicals, or feedstock prices, differentials, or other market or economic conditions affecting the oil, gas, and petrochemical industries and the demand for our products; reservoir performance; the outcome and timing of exploration and development projects; timely completion of construction projects; war and other political, public health, or security disturbances; changes in law or government regulation, including environmental, trade, and tax regulations and political sanctions; the actions of competitors and customers; unexpected technological developments; general economic conditions, including the occurrence and duration of economic recessions; the outcome of commercial negotiations; opportunities for and regulatory approval of investments or divestments that may arise; the impact of fiscal and commercial terms; the outcome of future research efforts; unexpected technological developments and the ability to bring new technology to commercial scale on a cost-competitive basis, including large-scale hydraulic fracturing projects; unforeseen technical difficulties; unanticipated operational disruptions; and other factors discussed in this report and in Item 1A of ExxonMobil’s most recent Form 10-K. All forward-looking statements are based on management’s knowledge and reasonable expectations and we assume no duty to update these statements as of any future date.
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