Exxon Mobil Corporation announced its second-quarter 2025 earnings of $7.1 billion, translating to $1.64 per share, alongside a cash flow from operations of $11.5 billion and free cash flow of $5.4 billion. The company returned $9.2 billion to shareholders, which included $4.3 billion in dividends and $5.0 billion in share repurchases, maintaining its commitment to a $20 billion share repurchase program for the year. Year-to-date, the company has generated $24.5 billion in cash flow from operations and $14.2 billion in free cash flow, with total shareholder distributions reaching $18.4 billion, comprising $8.6 billion in dividends and $9.8 billion in share repurchases.
Year-to-date earnings were $14.8 billion, slightly down from $17.5 billion in the first half of 2024, attributed to lower crude prices and declining refining margins. However, production increased by 13% to 4.6 million oil-equivalent barrels per day, driven by acquisitions and volume growth in the Permian and Guyana regions. The company also reported significant structural cost savings of $1.4 billion for the year, totaling $13.5 billion since 2019. Exxon Mobil's debt-to-capital ratio stood at 13%, with a cash balance of $15.7 billion, indicating a strong financial position.
linkAug 01, 2025 06:32:05
Exxon Mobil has outlined key factors that may affect its financial results for the second quarter of 2025 compared to the first quarter. These factors include planned activities, market dynamics, and seasonal demand patterns, although the company notes that this list is not exhaustive. Significant influences such as operating performance, foreign exchange fluctuations, and unscheduled downtime are not included, and actual results may vary due to various unidentified factors impacting the oil, gas, and petrochemical industries.
The company plans to release its 2Q 2025 financial results on August 1, 2025, at approximately 5:30 a.m. CT, both on its website and via a Form 8-K filing with the SEC. In the event of technical difficulties with the filing, investors are advised to check the company's website for the information. Additionally, Exxon Mobil provides a measure of earnings excluding identified items to enhance comparability across periods, which is intended to give investors clearer insights into the underlying business performance.
linkJul 07, 2025 16:31:16
ExxonMobil announced its first-quarter 2025 earnings of $7.7 billion, equating to $1.76 per share, alongside a cash flow from operations of $13.0 billion. The company distributed $9.1 billion to shareholders, which included $4.3 billion in dividends and $4.8 billion in share repurchases, in line with its strategic plans. Despite a decline in industry refining margins and weaker crude prices, earnings were supported by advantaged volume growth and structural cost savings.
The company achieved cumulative structural cost savings of $12.7 billion since 2019, with an additional $0.6 billion realized in the first quarter. ExxonMobil's total cash capital expenditures for the quarter were $5.9 billion, consistent with its full-year guidance. The corporation also declared a second-quarter dividend of $0.99 per share, payable on June 10, 2025. Overall, the company maintains a strong financial position with a low debt-to-capital ratio and a cash balance of $18.5 billion.
linkMay 02, 2025 06:31:37
The press release outlines various factors expected to impact the company's financial results for the first quarter of 2025 compared to the fourth quarter of 2024. Notable positive points include anticipated increases in liquids and gas prices, which may boost overall earnings. Additionally, planned activities and seasonal demand patterns could contribute positively to the financial outlook. The previous quarter's earnings were reported at $7.6 billion, with adjustments for identified items resulting in earnings of $7.4 billion excluding those items.
On the negative side, the release highlights potential challenges such as changes in industry margins and the effects of scheduled maintenance, which may negatively impact earnings. There are also concerns regarding fewer operational days in the first quarter and the absence of year-end inventory effects that could lead to lower earnings compared to the previous quarter. The management emphasizes that the listed factors are not exhaustive and actual results may vary due to numerous unidentified influences.
linkApr 03, 2025 16:46:35
ExxonMobil announced a solid financial performance for 2024, with total earnings of $33.7 billion and cash flow from operations reaching $55.0 billion. The company achieved record production levels in key regions such as Permian and Guyana, and reported significant shareholder distributions totaling $36.0 billion. Additionally, ExxonMobil has realized $12.1 billion in cumulative structural cost savings since 2019, which have helped to offset the impacts of inflation and rising operational costs. The company also maintained a low debt-to-capital ratio of 13%, indicating strong financial health.
However, the earnings for 2024 were lower than the previous year's $36.0 billion, primarily due to decreased refining margins and lower natural gas prices compared to last year's peak levels. The fourth quarter of 2024 also saw a decline in earnings per share, dropping to $1.72 from $1.92 in the previous quarter. Additionally, while the overall production was at a record high, the company faced challenges from asset divestments and increased expenses related to maintenance and new product development. These factors contributed to a mixed performance across various segments, with notable decreases in earnings from Energy and Chemical Products.
linkJan 31, 2025 06:31:20
The press release outlines several factors that may affect the company's earnings for the fourth quarter of 2024 compared to the third quarter. Positive aspects include potential gains from divestments and tax-related items, which could contribute positively to earnings. However, the company anticipates challenges such as decreases in liquids and industry margins, as well as various planned maintenance activities that could negatively impact overall performance. Additionally, the effects of year-end inventory changes and impairments are noted as potential detractors from earnings.
Management emphasizes that these insights are not exhaustive and do not represent a full estimate of fourth quarter earnings. They highlight the uncertainty in market conditions, including global economic factors and supply chain disruptions that could further influence results. The release also clarifies that earnings excluding identified items provide a clearer view of operational performance by isolating significant non-operational events, although these figures should not be viewed in isolation from GAAP results.
linkJan 07, 2025 16:47:01
ExxonMobil announced third-quarter 2024 earnings of $8.6 billion, driven by an enterprise-wide transformation that enhanced its earnings power. The company achieved its highest liquids production in over 40 years, reaching 3.2 million barrels per day, and reported record high-value product sales volumes, which increased by 10% compared to the previous year. Additionally, ExxonMobil returned $9.8 billion to shareholders during the quarter and raised its fourth-quarter dividend to $0.99 per share, marking 42 consecutive years of annual dividend increases.
However, year-to-date earnings decreased to $26.1 billion from $28.4 billion in the same period last year, attributed to lower refining margins and natural gas prices. Despite structural cost savings, the company faced challenges from higher expenses related to depreciation and maintenance, as well as lower base volumes due to asset divestments. The third-quarter earnings also reflected a decline from the previous quarter, driven by lower crude realizations and increased exploration expenses, despite an overall increase in production.
linkNov 01, 2024 06:32:12
ExxonMobil has provided insights into factors that may influence its earnings for the third quarter of 2024, particularly in comparison to the second quarter. The company anticipates potential challenges due to changes in liquid and gas prices, as well as fluctuations in industry margins. Specifically, they expect a negative impact from a decrease in liquids prices and changes in scheduled maintenance, which could hinder overall performance. Despite these challenges, the company is actively monitoring market dynamics and seasonal demand patterns that could play a role in shaping their results.
While the report highlights several negative aspects, it also emphasizes the company’s commitment to transparency and its ongoing efforts to improve operational performance. ExxonMobil aims to provide a clearer view of its business trends by isolating significant non-operational events from its financial results. This approach is designed to enhance investor understanding of the company's underlying business health, despite the anticipated market pressures. The corporation plans to release its official financial results on November 1, 2024, ensuring stakeholders remain informed about its performance.
linkOct 03, 2024 17:01:26
ExxonMobil achieved impressive second-quarter earnings of $9.2 billion, driven by record production and the successful Pioneer merger. The company reported a 15% increase in net production and is advancing new carbon capture initiatives. However, year-to-date earnings declined compared to last year, mainly due to lower refining margins and gas prices. Despite this, ExxonMobil remains committed to shareholder returns with significant dividends and share repurchases planned.
linkAug 02, 2024 06:31:19
ExxonMobil provides insights into factors influencing 2Q 2024 results, excluding operational performance and acquisitions. Market dynamics and planned activities impact earnings. Pioneer acquisition's estimated effects include production, earnings, and capital expenditures. Not all changes are captured, pending final financial reporting. Market factors like pricing and margins are expected to influence results. The acquisition's integration into segments will affect overall performance, with projected production and financial impacts outlined for May-June 2024.
linkJul 08, 2024 07:07:33