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

• "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."

• 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.

• 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.

ExxonMobil's Q4 earnings report beats expectations with adjusted EPS and revenue exceeding forecasts, indicating strong operational resilience. The record upstream production and continued discipline in capital allocation suggest a robust outlook, positioning the company advantageously in the oil and gas sector. This performance could bolster confidence in energy equities and influence market sentiment towards commodities, particularly oil prices.