ExxonMobil (XOM) Q4 2025 (USD): adj. EPS 1.71 (exp. 1.70), Revenue 82.3bln (exp. 80.67bln)

CEO COMMENT:

• "Our transformation is delivering a more resilient, lower-cost, technology-led business with structurally stronger earnings power, grounded in advantaged assets, disciplined capital allocation, and execution excellence."

PRODUCTION:

• Reports that highest annual Upstream production in more than 40yrs, and record refinery throughput.
• FY net production reached its highest level in more than 40 years at 4.7mln oil-equivalent barrels per day.
• Production from the Permian, at 1.6mln oil-equivalent barrels per day, and Guyana, which exceeded 700,000 gross barrels per day, achieved annual records.
• Advantaged assets in the Permian, Guyana, and LNG represented 59% of production in 2025, an increase of approximately 7ppts vs 2024.
• Q4 net production reached 5.0mln oil-equivalent barrels per day, with advantaged assets setting new quarterly production records, including 1.8mln oil-equivalent barrels per day in the Permian and Guyana approaching 875,000 gross barrels per day.

CAPEX:

• Cash capital expenditures totaled USD 29.0bln in 2025, including USD 2.6bln of acquisitions; USD 28.4bln was for additions to property, plant, and equipment.
• Expects cash capital expenditures of USD 27-29bln in 2026.