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Updated Oct 30, 2026
ExxonMobil delivers $15.4B GAAP earnings in Q3 2026 as refining records and Permian/Guyana growth offset Middle East disruption.
ExxonMobil posted $15.4 billion in GAAP earnings and $25.7 billion in cash flow from operations in Q3 2026, driven by record refinery utilization and structural cost savings of $16.9 billion since 2019. Middle East conflict — particularly Qatar LNG train outages and Strait of Hormuz logistics constraints — continues to suppress roughly 350,000 barrels per day of volumes, but the company's integrated trading and supply chain organization is demonstrably offsetting disruption at scale. Capital returns remain aggressive: a 4% dividend increase (44th consecutive annual raise) and a commitment to maintain $20 billion in share repurchases in 2027 signal management's confidence that the balance sheet can sustain distributions through commodity cycles.
Tone: bullishRevenue
$332.2B
XOM 10-K · FY 2025
Employees
58,000
Revenue FY2024
$349.6B
Founded
1882
Profile
XOM 10-K Item 1 · Feb 18, 2026ExxonMobil is one of the world's largest integrated oil, gas, and petrochemical companies, operating across exploration, production, refining, trading, and specialty chemicals. The company is also actively pursuing lower-emission business opportunities including carbon capture and storage, hydrogen, ammonia, and low-carbon data centers. With operations in most countries worldwide, ExxonMobil markets products under the Exxon, Esso, Mobil, and XTO brands.
Read filing description ↓ Collapse description ↑
Exxon Mobil Corporation's principal business involves exploration for, and production of, crude oil and natural gas; manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a wide variety of specialty products; and pursuit of lower-emission and other new business opportunities, including carbon capture and storage, hydrogen and ammonia, lower-emission fuels, Proxxima resin systems, carbon materials, low-carbon data centers, and lithium. Affiliates of ExxonMobil conduct extensive research programs in support of these businesses. The energy and petrochemical industries are highly competitive, both within the industries and also with other industries in supplying the energy, fuel, and chemical needs of industrial and individual consumers. Certain industry participants, including ExxonMobil, are expanding the scope of investments in lower-emission energy and emission-reduction services and technologies. ExxonMobil operates in a highly complex, competitive, and changing global energy business environment where decisions and risks play out over time horizons that are often decades in length. With over 59 percent of our global employees from outside the U.S. and more than 160 nationalities represented across the Company, ExxonMobil encourages and respects diversity of thought, ideas, and perspective from its workforce.
Primary products
- Crude oil
- Natural gas
- Petroleum products
- Petrochemicals
- Specialty products
- Carbon capture and storage
Business segments
End markets
Geographies
Named customers
Named competitors
“The energy and petrochemical industries are highly competitive, both within the industries and also with other industries in supplying the energy, fuel, and chemical needs of industrial and individual consumers.” Competitive position, as stated in the filing
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