ExxonMobil earnings date and guidance
ExxonMobil's next results are expected on October 30, 2026. ExxonMobil's key watch is Uaru's first oil and operating ramp.
What has ExxonMobil guided for the year?
“Upstream” means finding and producing oil and gas before they reach a refinery or customer. ExxonMobil guides to 4,900 thousand oil-equivalent barrels per day, including 1,800 thousand from the Permian Basin. Oil-equivalent barrels convert gas into an energy comparison with oil; they do not mean gas sells for the same price. The target is an annual average, so a strong month cannot erase earlier lost production.
Buybacks distribute cash now, while capital spending aims to create future cash. ExxonMobil’s methane-intensity promise measures emissions relative to activity against its 2016 baseline for operated assets; it does not promise an equivalent cut in every absolute emission category.
| The period guided | Low | High | The date it was given | |
|---|---|---|---|---|
| Upstream Production (thousand oil-equivalent barrels per day) | Year to Dec 2026 | 4,900 | 4,900 | Jul 31, 2026 |
| Permian Production (thousand oil-equivalent barrels per day) | Year to Dec 2026 | 1,800 | 1,800 | Jul 31, 2026 |
| Share buybacks | Year to Dec 2026 | 20,000 | 20,000 | Jul 31, 2026 |
| Cash capex (non-GAAP) | Year to Dec 2026 | 27,000 | 29,000 | Jul 31, 2026 |
| Cash capex (non-GAAP), 2027 | Year to Dec 2027 | 28,000 | 32,000 | Dec 9, 2025 |
| Reduction in corporate-wide methane intensity (%) | Year to Dec 2026 | 70.0% | 80.0% | Feb 18, 2026 |
Has ExxonMobil kept its promises?
Exxon also reported $15.1 billion of structural cost savings by the end of 2025 against a target of approximately $15 billion by 2027. That supports management’s credibility, although savings remain a management-defined measure and earnings still declined as prices weakened.
What do ExxonMobil's last eight quarters show?
The June 2026 quarter delivered a sharp earnings recovery, but prices and accounting timing explain more than production growth. Production fell from 4,630 to 4,514 thousand oil-equivalent barrels a day even as revenue and profit surged.
| Quarter to Jun 2026 | Quarter to Mar 2026 | Quarter to Dec 2025 | Quarter to Sep 2025 | Quarter to Jun 2025 | Quarter to Mar 2025 | Quarter to Dec 2024 | Quarter to Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 116,017 | 85,138 | 82,308 | 85,294 | 81,506 | 83,130 | 83,426 | 90,016 |
| Net income | 14,525 | 4,183 | 6,501 | 7,548 | 7,082 | 7,713 | 7,610 | 8,610 |
| EPS, diluted | 3.48 | 1.00 | 1.53 | 1.76 | 1.64 | 1.76 | 1.72 | 1.92 |
| Cash from operations | 23,555 | 8,705 | 12,679 | 14,788 | 11,550 | 12,953 | 12,229 | 17,569 |
| Capital spending | 6,527 | 6,470 | 7,450 | 8,727 | 6,283 | 5,898 | 6,837 | 6,160 |
What should I watch in ExxonMobil's next results?
In the fourth quarter, investors should watch Uaru’s first oil and its operating ramp. Golden Pass LNG, developed with QatarEnergy, also matters: mechanical completion of a processing train means construction has reached a defined stage, not that commissioning, reliable operation or cargo sales have begun.