Exxon Mobil Stock Price, News & Analysis

Exxon Mobil (NYSE: XOM) announced that Gregory C. Garland has been elected to its board of directors, effective November 3, 2025. Mr. Garland brings decades of executive experience in energy, including roles as Chair and CEO of Phillips 66 from 2012–2022, Executive Chair 2022–2024, and President and CEO of Chevron Phillips Chemical Company 2008–2010. ExxonMobil leadership highlighted his industry expertise, global perspective, and collaborative reputation as reasons for the appointment. The company said his experience will support efforts to develop advantaged assets, deliver new projects, lower costs, and prioritize long-term shareholder returns.

Imperial (TSE: IMO, NYSE American: IMO) will hold its 2025 Third Quarter Earnings Call on Friday, October 31, 2025 at 9:00 a.m. MT following the company’s third quarter earnings release that morning.

John Whelan, chairman, president and CEO, and Peter Shaw, vice-president, investor relations, will host brief remarks followed by a Q&A with covering analysts. The event will be accessible by webcast and the replay will be available for one year on the company’s investor website.

If the company cannot file its Form 8-K on EDGAR at the intended time, investors should check Imperial’s website or Canada’s SEDAR+; the company intends to furnish the information on EDGAR as soon as possible.

Exxon Mobil (NYSE: XOM) will release its third quarter 2025 financial results on Friday, October 31, 2025. A press release will be issued via Business Wire and posted at 5:30 a.m. CT at investor.exxonmobil.com.

Management — Darren Woods (Chairman & CEO), Kathy Mikells (SVP & CFO), and Jim Chapman (VP, Treasurer & Investor Relations) — will review results on a live conference call and webcast at 8:30 a.m. CT. Call-in numbers and passcode are provided, and an archived replay plus the presentation and supplemental financial data will be available at investor.exxonmobil.com.

Imperial (NYSE: IMO) announced a major restructuring plan aimed at centralizing corporate and technical activities in global business and technology centers. The company expects to achieve annual expense savings of $150 million by 2028 through this initiative.

The restructuring will involve a 20% reduction in employee roles by the end of 2027 and includes a one-time restructuring charge of $330 million before-tax in Q3 2025. The company plans to leverage ExxonMobil's technology and global capability centres to enhance operational efficiency, drive productivity improvements, and maintain its 2025 corporate guidance.

Key objectives include maximizing asset value, improving production, reducing downtime, lowering unit operating costs, and enhancing project execution. Imperial remains committed to meeting or exceeding its medium-term production and unit cost targets for Kearl and Cold Lake operations.

ExxonMobil (NYSE:XOM) has announced its final investment decision for the Hammerhead development in Guyana, marking its seventh project on the Stabroek block. The US$6.8 billion project will utilize a floating production storage and offloading (FPSO) vessel with a capacity of 150,000 barrels of oil per day, expected to begin production in 2029.

The company is currently producing 650,000 barrels per day from Stabroek block and expects to increase production to 900,000 barrels per day by end-2023. Total committed funds for all seven approved projects now exceed US$60 billion. The project showcases significant local impact, with 6,200 Guyanese workers (70% of workforce) and over US$2.9 billion spent with local suppliers since 2015.

ExxonMobil (NYSE:XOM) announced that Senior Vice President Jack Williams will participate in a fireside chat at the Barclays 39th Annual CEO Energy-Power Conference in New York. The presentation is scheduled for September 3, 2025, at 8:35 a.m. ET.

Investors can access the live webcast through the event page, and an archived audio recording will be available on ExxonMobil's website approximately 24 hours after the event.

ExxonMobil (NYSE:XOM) has commenced production at Yellowtail, its fourth offshore development in Guyana's Stabroek block. The project's ONE GUYANA floating production storage and offloading (FPSO) vessel adds significant capacity, bringing Guyana's total installed production to over 900,000 barrels of oil per day.

The ONE GUYANA FPSO, the largest in the Stabroek block, features an initial production capacity of 250,000 barrels per day and can store two million barrels. The project launched four months ahead of schedule. Notably, Guyanese nationals comprise 67% of the country's oil-and-gas workforce, with over 2,000 local businesses involved. ExxonMobil targets a total production capacity of 1.7 million oil equivalent barrels per day from eight developments by 2030.