Exxon Mobil Stock Price, News & Analysis

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.

Imperial Oil (NYSE American: IMO) has declared a quarterly dividend of 72 cents per share for the third quarter of 2025, maintaining the same dividend amount as the previous quarter. The dividend will be payable on October 1, 2025, to shareholders of record as of September 4, 2025.

As Canada's largest petroleum refiner, Imperial Oil highlights its remarkable track record of paying dividends for over a century, with 30 consecutive years of dividend increases. The company maintains its position as a leading player in Canada's petroleum industry, focusing on technology and innovation in energy resource development.

Imperial (NYSE:XOM) reported Q2 2025 net income of $949 million, down from $1,133 million in Q2 2024. Cash flows from operating activities were $1,465 million, with upstream production reaching 427,000 gross oil-equivalent barrels per day, marking the highest second quarter production in over 30 years.

Key operational highlights include Kearl's record second quarter production of 275,000 total gross oil-equivalent barrels per day and the completion of Canada's largest renewable diesel facility at the Strathcona refinery. The company announced plans to accelerate its share repurchase program to complete the buyback of up to five percent of outstanding shares before year-end, while maintaining a quarterly dividend of $0.72 per share.

Refinery throughput averaged 376,000 barrels per day with 87% capacity utilization, while petroleum product sales increased to 480,000 barrels per day, supported by the Trans Mountain pipeline expansion.

ExxonMobil (NYSE:XOM) reported Q2 2025 earnings of $7.1 billion ($1.64 per share), with cash flow from operations of $11.5 billion. The company delivered $9.2 billion in shareholder returns, including $4.3 billion in dividends and $5.0 billion in share repurchases, maintaining its plan for $20 billion in buybacks this year.

Key operational highlights include achieving the highest second-quarter Upstream production since the Exxon-Mobil merger, reaching 4.6 million oil-equivalent barrels per day, with record Permian production of 1.6 million barrels. The company has delivered $13.5 billion in structural cost savings since 2019 and commenced operations of three major projects: Singapore Resid Upgrade, Fawley Hydrofiner, and Strathcona Renewable Diesel.

Year-to-date earnings reached $14.8 billion, down from $17.5 billion in H1 2024, primarily due to lower crude prices and weaker refining margins. The company maintains a strong balance sheet with industry-leading debt-to-capital ratio of 13% and expects full-year capital expenditures of $27-29 billion.

ExxonMobil (NYSE:XOM) has responded to an International Chamber of Commerce (ICC) Tribunal ruling regarding its contractual dispute with Hess Corporation over interests in the Stabroek Block offshore Guyana. While disagreeing with the ICC panel's interpretation, ExxonMobil stated it respects the arbitration process.

The company defended its previous position on preemption rights, citing its duty to protect value created through their development of Guyana resources. Despite the ruling, ExxonMobil expressed willingness to work with Chevron as the new venture partner, maintaining focus on continued performance and value creation in Guyana.