ExxonMobil
Q2 2022 Earnings Call
Jul 29, 2022, 9:30 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, everyone, and welcome to the ExxonMobil Corporation second quarter 2022 earnings call. Today's call is being recorded. At this time, I'd like to turn the call over to the vice president of investor relations, Mrs. Jennifer Driscoll.
Please go ahead, ma'am.
Jennifer Driscoll -- Vice President, Investor Relations
Good morning, and good afternoon, everyone. Thank you for joining ExxonMobil's second quarter 2022 earnings call. I'm Jennifer Driscoll, vice president, investor relations. Here with me today are Darren Woods, chairman and chief executive officer, and Kathy Mikells, senior vice president and chief financial officer.
Our quarterly presentation with prerecorded remarks was posted earlier today on the Investors section of our website, along with the second quarter earnings news release. During our live one-hour conference call, Darren will provide brief opening comments and reference a few slides from the earlier presentation before we move to the question-and-answer period. May I remind you that during this call, we may make forward-looking statements, which are subject to risks and uncertainties. We encourage you to read our cautionary statement on slide two.
We also have provided supplemental information at the end of our earnings slides, including reconciliation. Now, please turn to slide three, and we'll turn the call over to Darren.
Darren Woods -- Chairman of the Board and Chief Executive Officer
Thank you, Jennifer. Good morning and good afternoon, everyone. Thanks for joining us today. Our second quarter operational and financial results were very strong.
While the market has clearly been a factor, our results reflect our focus on the fundamentals, as well as plans and investments we put in motion several years ago and stuck with through the depths of the pandemic. They also reflect the outstanding work of our teams across the world to operate our facility safely at high utilization levels, which drove needed production and throughput. We are proud of their commitment to supplying the energy and products the world needs and delivering on our strategic priorities. Increased production, higher realizations and aggressive cost control generated strong earnings and cash flow.
We also delivered excellent safety and operating performance. As global demand recovers, we continued to invest in our portfolio and grew our year-to-date production in the Permian by about 130,000 oil-equivalent barrels per day versus the first half of 2021. For the full year, in the Permian, we expect to achieve 25% production growth for the second consecutive year. In Guyana, our total capacity is now more than 340,000 oil-equivalent barrels per day.