ExxonMobil's Fourth Quarter 2012 Net Profit of $9.95 Billion

On February 1, 2013, Exxon Mobil Corporation (XOM) released its fourth quarter fiscal year 2012 financial report. The report shows that ExxonMobil’s revenue for the fourth quarter was US$121.6 billion, which was higher than the same period of last year; net profit was US$9.95 billion, up 6% from the same period of last year.

The report shows that ExxonMobil’s fourth-quarter net profit was 9.95 billion U.S. dollars, and earnings per share was 2.20 U.S. dollars, which was better than the same period last year and exceeded analysts’ previous expectations. In the fourth quarter of fiscal 2011, Exxon Mobil's net profit was $9.4 billion, and its earnings per share was $1.97. Financial information provider FactSet survey showed that analysts expected ExxonMobil’s fourth-quarter earnings per share of $1.99. ExxonMobil’s revenue for the fourth quarter was US$121.6 billion, which was higher than the US$115.17 billion of the same period last year.

ExxonMobil’s capital expenditure in the fourth quarter was 39.8 billion U.S. dollars, setting a record high.

During the quarter, ExxonMobil’s profit from processing crude oil into gasoline, diesel and other fuels increased threefold from the same period of last year, and US refined profits increased by 46%, partly due to the supply of crude oil from shale. increase. The average price of New York crude oil futures in the quarter fell by 6.2% to US$88.23 per barrel, contrary to international trends; the average price of the North Sea Brent crude oil futures as a global benchmark rose by 1% to more than US$110 per barrel.

In the fourth quarter, the output of crude oil and natural gas from the Exxon Mobil well fell 5.2% to 4.293 million barrels of oil equivalent from 4.53 million barrels of oil equivalent in the same period last year. In the fourth quarter, the daily output of crude oil fell 2.1% year-on-year, from 2.25 million barrels per barrel in the same period last year to 22.03 million barrels. Exxon Mobil’s so-called “upstream sector” had a profit of US$7.66 billion in the quarter, down from US$8.83 billion in the same period last year. ExxonMobil's refining division earned $1.77 billion in the fourth quarter, a three-fold increase from the $425 million in the same period last year. ExxonMobil Chemical's fourth-quarter profit was $958 million, compared to $543 million in the same period last year.

As the world’s largest refiner, ExxonMobil’s daily crude oil processing volume is 4.837 million barrels, which is 7.9% lower than the 5.25 million barrels in the same period last year.

Pneumatic Products

Pneumatic products include pneumatic components, pneumatic joints, pneumatic valves, cylinders, pneumatic pipes and other products.

Pneumatic components work by the pressure of gas or the force generated by expansion, that is, the elastic energy of compressed air is converted into kinetic energy. Such as cylinder, pneumatic motor, steam engine, etc. Pneumatic component is a form of power transmission, also known as energy conversion device, which uses gas pressure to transfer energy.

Pneumatic quick connector is a kind of quick connector which is mainly used for air piping and pneumatic tools. It can connect or disconnect the pipeline without tools. When the connector is not connected - when the parent's ferrule moves to the other end, the stainless steel ball will automatically roll outward, and the daughter will be disconnected under the action of the common valve spring force of the parent and the daughter, and the daughter and the parent's valves will be closed respectively, The fluid flow is blocked instantaneously.

Pneumatic Valve is driven by compressed air. It can be used to control the flow of air, water, steam, various corrosive media, mud, oil, liquid metal and radioactive media. In the current market economy environment, it is not perfect. For the sake of product competition, the manufacturers of pneumatic valves carry out different innovations under the concept of unified design of pneumatic valves, forming their own enterprise standards and product personality. Therefore, it is very necessary to put forward the technical requirements in detail when purchasing the pneumatic valve and reach a consensus with the manufacturer as an annex to the pneumatic valve purchase contract. This kind of valve should be installed horizontally in the pipeline.

Pneumatic connector, PU Pneumatic pipe, Pneumatic air Cylinder, Air source treatment, Pneumatic Solenoid Valve, Pneumatic Tools

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