Exxon Mobil 8-K: Regulation FD Disclosure on Debt Notes
Ticker: XOM · Form: 8-K · Filed: Jan 4, 2024 · CIK: 34088
| Field | Detail |
|---|---|
| Company | Exxon Mobil Corp (XOM) |
| Form Type | 8-K |
| Filed Date | Jan 4, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: debt, regulation-fd, corporate-governance
TL;DR
**Exxon Mobil filed an 8-K on Jan 4, 2024, disclosing existing debt notes, a routine transparency update.**
AI Summary
Exxon Mobil Corporation filed an 8-K on January 4, 2024, disclosing information under Regulation FD. This filing specifically mentions various notes due in 2024, 2028, 2032, and 2039, with interest rates ranging from 0.142% to 1.408%. While the filing itself doesn't detail new events, it serves as a reminder of Exxon's existing debt structure, which is important for investors to understand the company's financial obligations and capital structure.
Why It Matters
This filing provides transparency into Exxon Mobil's outstanding debt, which impacts its financial health and future earnings. Understanding these obligations helps investors assess the company's risk profile and ability to generate returns.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure under Regulation FD and does not indicate any new, material adverse events or changes to the company's financial standing.
Analyst Insight
Investors should note Exxon Mobil's existing debt structure as a component of its overall financial health, but this specific filing does not warrant immediate action as it's a routine disclosure of previously known information.
Key Numbers
- 0.142% — Interest Rate (for notes due 2024)
- 0.524% — Interest Rate (for notes due 2028 and 2032)
- 1.408% — Interest Rate (for notes due 2039)
- 2024 — Maturity Year (for Zero Point One Four Two Percent Notes)
- 2039 — Maturity Year (for One Point Four Zero Eight Percent Notes)
Key Players & Entities
- EXXON MOBIL CORP (company) — the registrant filing the 8-K
- 0.142% (dollar_amount) — interest rate for notes due 2024
- 0.524% (dollar_amount) — interest rate for notes due 2028 and 2032
- 1.408% (dollar_amount) — interest rate for notes due 2039
- January 4, 2024 (date) — date of the earliest event reported and filing date
Forward-Looking Statements
- Exxon Mobil will continue to manage its debt obligations as they mature. (EXXON MOBIL CORP) — high confidence, target: 2024-2039
FAQ
What is the purpose of this 8-K filing by Exxon Mobil Corporation?
This 8-K filing by Exxon Mobil Corporation is a 'Regulation FD Disclosure' filed on January 4, 2024, indicating a routine disclosure of information that may be material, ensuring fair and broad dissemination to the public.
What specific financial instruments are mentioned in this filing?
The filing specifically mentions several debt instruments: Zero Point One Four Two Percent Notes Due 2024, Zero Point Five Two Four Percent Notes Due 2028, Zero Point Five Two Four Percent Notes Due 2032, and One Point Four Zero Eight Percent Notes Due 2039.
What are the interest rates and maturity dates for the notes disclosed?
The notes disclosed have interest rates of 0.142% due in 2024, 0.524% due in 2028, 0.524% due in 2032, and 1.408% due in 2039.
What is Exxon Mobil Corporation's business address and phone number as listed in the filing?
Exxon Mobil Corporation's business address is 22777 Springwoods Village Parkway, Spring, Texas 77389-1425, and its telephone number is (972) 940-6000.
Under which SEC Act is this current report filed?
This current report is filed pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 427 words · 2 min read · ~1 pages · Grade level 10.8 · Accepted 2024-01-04 16:31:04
Filing Documents
- xom-20240104.htm (8-K) — 39KB
- f8k4q991010424.htm (EX-99.1) — 34KB
- 0000034088-24-000003.txt ( ) — 263KB
- xom-20240104.xsd (EX-101.SCH) — 4KB
- xom-20240104_def.xml (EX-101.DEF) — 17KB
- xom-20240104_lab.xml (EX-101.LAB) — 34KB
- xom-20240104_pre.xml (EX-101.PRE) — 18KB
- xom-20240104_htm.xml (XML) — 6KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure The following information is furnished pursuant to Item 7.01. 2 INDEX TO EXHIBITS Exhibit No. Description 99.1 Exxon Mobil Corporation 4Q23 Earnings Considerations. 104 Cover Page Interactive Data File (formatted as Inline XBRL). 3 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 Date: January 4, 2024 By: /s/ LEN M. FOX Len M. Fox Vice President and Controller (Principal Accounting Officer) 4