Thread regarding ExxonMobil Corp. layoffs

What is our ROCE target for the next decade? Historically, 25% was the target.

Year Net Income* / ROCE**
2015 $16,150 / 7.9
2016 $7,840 / 3.9
2017 $19,710 / 9.0
2018 $20,840 / 9.2
2019 $14,340 / 6.5
2020 ($22,440) / (9.3)
2021 $23,040 / 10.9
2022 $55,740 / 24.9
2023 $36,010 / 15.0

  • In Millions

** Return on Capital Employed

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Post ID: @OP+1rkqExWO

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Dump Annandale, may get back to 25%

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Post ID: @3dfj+1rkqExWO

Our target rate of return on capital employed is 25%.

We will live with 15% in the short term.

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Post ID: @ppp+1rkqExWO

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