EXXON MOBIL CORP 10-Q form for quarterly period ended 2024-06-30, page 3: 
PART I. FINANCIAL INFORMATION


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|---:|:-----------------------------|
|  1 | ITEM 1. FINANCIAL STATEMENTS |


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|  2 | CONDENSED CONSOLIDATED STATEMENT OF INCOME |

|    |                                                                                                                      |      |                            |      |                          |         |         |
|---:|:---------------------------------------------------------------------------------------------------------------------|:-----|:---------------------------|:-----|:-------------------------|:--------|:--------|
|  1 | (millions of dollars, unless noted)                                                                                  |      | Three Months EndedJune 30, |      | Six Months EndedJune 30, |         |         |
|  2 | 2024                                                                                                                 | 2023 |                            | 2024 | 2023                     |         |         |
|  3 | Revenues and other income                                                                                            |      |                            |      |                          |         |         |
|  4 | Sales and other operating revenue                                                                                    |      | 89,986                     |      | 80,795                   | 170,397 | 164,439 |
|  5 | Income from equity affiliates                                                                                        |      | 1,744                      |      | 1,382                    | 3,586   | 3,763   |
|  6 | Other income                                                                                                         |      | 1,330                      |      | 737                      | 2,160   | 1,276   |
|  7 | Total revenues and other income                                                                                      |      | 93,060                     |      | 82,914                   | 176,143 | 169,478 |
|  8 | Costs and other deductions                                                                                           |      |                            |      |                          |         |         |
|  9 | Crude oil and product purchases                                                                                      |      | 54,199                     |      | 47,598                   | 101,800 | 93,601  |
| 10 | Production and manufacturing expenses                                                                                |      | 9,804                      |      | 8,860                    | 18,895  | 18,296  |
| 11 | Selling, general and administrative expenses                                                                         |      | 2,568                      |      | 2,449                    | 5,063   | 4,839   |
| 12 | Depreciation and depletion (includes impairments)                                                                    |      | 5,787                      |      | 4,242                    | 10,599  | 8,486   |
| 13 | Exploration expenses, including dry holes                                                                            |      | 153                        |      | 133                      | 301     | 274     |
| 14 | Non-service pension and postretirement benefit expense                                                               |      | 34                         |      | 164                      | 57      | 331     |
| 15 | Interest expense                                                                                                     |      | 271                        |      | 249                      | 492     | 408     |
| 16 | Other taxes and duties                                                                                               |      | 6,579                      |      | 7,563                    | 12,902  | 14,784  |
| 17 | Total costs and other deductions                                                                                     |      | 79,395                     |      | 71,258                   | 150,109 | 141,019 |
| 18 | Income (loss) before income taxes                                                                                    |      | 13,665                     |      | 11,656                   | 26,034  | 28,459  |
| 19 | Income tax expense (benefit)                                                                                         |      | 4,094                      |      | 3,503                    | 7,897   | 8,463   |
| 20 | Net income (loss) including noncontrolling interests                                                                 |      | 9,571                      |      | 8,153                    | 18,137  | 19,996  |
| 21 | Net income (loss) attributable to noncontrolling interests                                                           |      | 331                        |      | 273                      | 677     | 686     |
| 22 | Net income (loss) attributable to ExxonMobil                                                                         |      | 9,240                      |      | 7,880                    | 17,460  | 19,310  |
| 24 | Earnings (loss) per common share (dollars)                                                                           |      | 2.14                       |      | 1.94                     | 4.20    | 4.73    |
| 26 | Earnings (loss) per common share - assuming dilution (dollars)                                                       |      | 2.14                       |      | 1.94                     | 4.20    | 4.73    |
| 28 | The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements. |      |                            |      |                          |         |         |
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, CHEVRON CORP 10-Q form for quarterly period ended 2024-06-30, page 3: 
PART I.


FINANCIAL INFORMATION




Question: What is the cost growth rate for ExxonMobil and Chevron for the six months ended June 30, 2024, compared to the same period in 2023?
Answer: The cost growth rate for ExxonMobil for the six months ended June 30, 2024, compared to the same period in 2023, is calculated as follows:
Cost Growth Rate = (Current Period Costs - Previous Period Costs) / Previous Period Costs
Cost Growth Rate = ($150,109 million - $141,019 million) / $141,019 million = 0.064 or 6.4%

The cost growth rate for Chevron for the six months ended June 30, 2024, compared to the same period in 2023, is calculated as follows:
Cost Growth Rate = (Current Period Costs - Previous Period Costs) / Previous Period Costs
Cost Growth Rate = ($84,939 million - $82,333 million) / $82,333 million = 0.032 or 3.2%