And I think we're striking a pretty even balance in that regard. I think I couldn't remember if Jennifer said one question or one plus one follow-up. While we're in a depletion business and, you know, we've got to work real hard to continue to bring volume on, we're not actually in the market to find volume. Results included unfavorable identified items of approximately $200 million associated with additional European taxes on the energy sector. So, we started growing that in 2018. John Royall -- JPMorgan Chase and Company -- Analyst. Chief Technology Officer (CTO Additionally, we look forward to connecting again on May 31st for our annual shareholders' meeting. And so, we can now trade all along the entire length of the value chain. FuelCell Energy Takes Step Toward Commercializing Carbon I'll delicately ask this question if I may. In hydrogen, we announced front-end engineering and design contract for the world's largest low-carbon hydrogen facility in Baytown, a heads of agreement with SK Group of Korea for offtake of blue ammonia from that facility. Accenture Names Bhaskar Ghosh Chief Strategy Officer ExxonMobil announces first quarter 2023 results IRVING, Texas April 28, 2023 Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. So, I'd encourage you to look at that. So, that gives you, I'd say, a little bit of a characterization of where savings are coming from. And so, I would just think of it as a progression, a continuation with what we believe is huge opportunity, and we're going to do that in a very thoughtful controlled pace. Jason Gabelman -- Cowen and Company -- Analyst. Alan Lee was named the new chief technology officer at Wilmington's Analog Devices. And certainly, from listening to some of our customers in that space, expectations of a fairly healthy air transportation or, you know, airline travel miles going forward in the summer. Koen Berges to Succeed Johan Albrecht. Apr 28, 2023, 8:00 a.m. I'd also say, as it relates to trading, generally, I mean, there are some near term, I would say, working capital that has to be brought in mind in terms of the trading organization. Hi. Tyson David - Safety and Security Manager - ExxonMobil - LinkedIn Be exceptional. And so, that -- the Europe set is the price setter for global markets ex-transportation. Find contact details for 700 million professionals. Soon thereafter, Mark was promoted to Assistant Controller, and ultimately, Senior Vice President of Accounting, in 2012. Cost basis and return based on previous market day close. We just gave the trading organizations within the company some different objective statements, and they've done really well in responding to that, bringing value to the bottom line. Thank you. And so, you generally see refining margins drop off here in kind of this valley between the supply coming back and then demand picking up as you head into early summer and on through the year. And like I said, even in the short time, we've seen some really good results. Yeah. And today, I feel pretty optimistic about that. ExxonMobil ( XOM 1.28%) Q1 2023 Earnings Call. This may be a bit of a follow-up on the questions previously about cost structure and the balance sheet. And, you know, in recent history, it's certainly true that we ran fairly lean on cash. I appreciate the answer. In early April, we announced a long-term agreement with Linde to capture, transport, and permanently store up to 2.2 million metric tons of CO2 annually. In this role, Alan will identify and work to advance the next-generation technologies that will disrupt and shape the semiconductor industry and its markets. I wanted to ask about the results you're seeing there. My view is success in technology and developing proprietary technology, which improves either resource recovery or the cost of developing that resource, whatever that is, whatever value lever our technology can bring to the table, that obviously opens up deals space. Yeah. The sound science of cleaner energy: Jenny Seagraves. As you know, it's very tied to economic activity. Chief Technology Officer Darren W. Woods Chairman and Chief Executive Officer Kathryn A. Mikells Senior Vice President, Chief Rich Walsh serves as Senior Vice President and General Counsel. ExxonMobil's supply chain will consolidate supply chain activities globally. Today's call is being recorded. Analog Devices Appoints Alan Lee as Chief Technology Officer This is about going out and optimizing given the asset base that we have, the value chains that we're participating in, taking the insights generated from running those businesses and the opportunities that come with those insights and transacting on them. Independent and Diverse Board of Directors. Unlocking the potential of advanced recycling: Natalie Martinez. Private Company. In 2002, Mr. Chapman took over responsibility for aviation fuels marketing and, later, industrial and wholesale fuels. And then just the last comment, like does the program end? In 2005, he was appointed vice president of ExxonMobil Chemical Companys global polyethylene business. Following a record year, ExxonMobil delivered the highest first quarter earnings in our history, even as energy prices and refining margins moderated from the fourth quarter. And so, you've seen us in the last two years raise the dividend in the fourth quarter of the year. He then served as ExxonMobil Chemical Companys Asia Pacific polyolefins sales manager before becoming the project executive of the Fujian integrated refining and ethylene joint venture project in China. We're making good progress there. But generally speaking, that happens. Our presentation and prerecorded remarks are available on the new investor relations section of our website. I think three-month treasuries are at 5% today. From 2007-2009, he was the vice president of engineering for ExxonMobil Production Company. ExxonMobil Mr. Woods was appointed president of ExxonMobil Refining and Supply Company and vice president of Exxon Mobil Corporation in 2012. In 2014, Mr. Woods was elected senior vice president of Exxon Mobil Corporation. Effective January 1, 2016, Mr. Woods was elected president of Exxon Mobil Corporation and a member of the board of directors. [Operator instructions] We'll go first to Neil Mehta with Goldman Sachs. Chief And I have every expectation that the capacity that we brought on in Beaumont will peak -- or I know it's on the far left-hand side of the cost of supply curve, so, I feel pretty good about its competitiveness.