ExxonMobil Reports $17.5 Billion Q3 Adjusted Earnings, Beating Estimates

16:18 - 30.10.2026


October 30, Fineko/abcnews. US oil giant ExxonMobil (XOM.N) beat Wall Street expectations for the third quarter of 2026, posting adjusted total earnings of $17.5 billion against consensus estimates of $16.6 billion.

According to official results, adjusted earnings per share reached $4.23. The performance was driven by a 120% quarter-on-quarter surge in downstream earnings to $9 billion, buoyed by record refining margins and diesel production. Daily production averaged 4.5 million barrels of oil equivalent.

During the quarter, Exxon paid $4.3 billion in dividends, repurchased $5.1 billion in shares, and highlighted its recently signed agreement to explore and produce shale resources in Azerbaijan.