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ExxonMobil (XOM) Stock News

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Exxon Mobil Corporation reports developments across an integrated energy and petrochemical business organized around Upstream, Product Solutions and Low Carbon Solutions. Company updates commonly address earnings, cash flow, production, refining and product sales, chemical and lubricant markets, LNG activity, supply-chain optimization and portfolio performance across global operations.

Recurring announcements also include dividends, share repurchases, investor conference appearances, emissions-reduction plans for operated assets, CO2 pipeline and lower-emissions technology initiatives, and governance matters submitted to shareholders. The company describes itself as a large publicly traded international energy and petrochemical company serving customers in more than 180 countries.

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Imperial Oil (IMO) declared a quarterly dividend of 87 cents per common share, payable on January 1, 2027. Shareholders of record at the close of business on December 3, 2026, will receive the payment. The fourth-quarter 2026 dividend is unchanged from the third-quarter 2026 dividend of 87 cents per share.

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Imperial (IMO) reported record third-quarter 2026 net income of C$2,454 million, with higher commodity prices supporting earnings despite lower production. Diluted earnings were C$5.11 per share versus C$1.07 a year earlier; prior-year earnings included C$555 million of after-tax charges. Operating cash flow rose to C$3,228 million from C$1,798 million.

Upstream output fell to 418,000 gross oil-equivalent barrels per day from 462,000. Pipeline disruption and planned maintenance affected operations. Refinery utilization fell to 88% from 98%, while downstream earnings reached C$1,555 million versus C$444 million. Imperial returned C$2,506 million through dividends and repurchases and expects to complete its accelerated buyback before year-end. It now targets 2026 Kearl gross production of 280,000 barrels per day following third-party disruptions. Quarter-end cash was C$2,893 million.

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ExxonMobil (NYSE:XOM) reported third-quarter 2026 earnings of $15.4 billion, rising from the previous quarter as Energy Products profits increased. Diluted earnings per share rose to $3.72 from $3.48; adjusted earnings were $17.5 billion, or $4.23 per share. Operating cash flow reached $25.7 billion and free cash flow was $19.1 billion. Shareholders received $4.3 billion in dividends and $5.1 billion in share repurchases.

Year-to-date GAAP earnings increased to $34.121 billion from $22.343 billion, although production declined. Net debt fell nearly $11 billion year to date. ExxonMobil assumed Papua LNG operatorship and agreed to increase interests in Papua and Rovuma LNG projects. It announced $20 billion in 2027 share repurchases, assuming reasonable market conditions. Quarterly Upstream and Chemical Products earnings declined sequentially.

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Imperial Oil (IMO) will hold its 2026 third-quarter earnings call on October 30, following its earnings release that morning. The webcast begins at 9 a.m. MT, hosted by chairman, president and chief executive officer John Whelan and investor relations vice-president Peter Shaw. Whelan will give brief remarks before taking questions from analysts covering Imperial. The webcast will remain available on the company’s website for one year.

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ExxonMobil (NYSE: XOM) will release its third quarter 2026 financial results on October 30, 2026, before a live conference call. Results will be available at investor.exxonmobil.com at 5:30 a.m. CT, followed by the call at 8:30 a.m. CT. A webcast, archived replay and presentation with supplemental financial data will also be available.

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Helmerich & Payne (NYSE: HP) announced an expanded deployment of its FlexRobotics® drilling automation technology with ExxonMobil (NYSE: XOM).

Two systems have already been deployed on H&P rigs. H&P expects to deploy seven additional systems over the next 12 months, bringing the operating total to nine. The technology automates repetitive rig-floor activities and is designed to reduce personnel exposure to higher-risk tasks.

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ExxonMobil Holdings (XOM) has priced and closed cash tender offers for Pioneer senior notes that expired on September 14, 2026.

The offers covered any and all of Pioneer Natural Resources’ outstanding $1.1 billion 1.900% Senior Notes due 2030 and $1.0 billion 2.150% Senior Notes due 2031. Holders tendered $570,360,000 of the 2030 notes and $615,599,000 of the 2031 notes. The total consideration per $1,000 principal amount is set at $888.49 for the 2030 notes and $885.66 for the 2031 notes, calculated using a 4.777% reference yield and fixed spreads of 30 and 35 bps, respectively.

The settlement date is expected to be September 16, 2026, when holders of accepted notes will receive the total consideration plus accrued interest, after which interest will cease and the purchased notes will be cancelled.

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ExxonMobil (XOM) announced that subsidiary Pioneer Natural Resources Company has launched cash tender offers to purchase any and all of its outstanding $1.1 billion 1.900% Senior Notes due 2030 and $1.0 billion 2.150% Senior Notes due 2031.

For each series, the Total Consideration per $1,000 principal amount will be set to produce a yield equal to the bid-side yield of the 4.375% U.S. Treasury due August 31, 2031 plus a fixed spread of 30 bps for the 2030 Notes and 35 bps for the 2031 Notes, determined at the expected Price Determination Time of 2:00 p.m., New York City time, on September 14, 2026.

The offers expire at 5:00 p.m., New York City time, on September 14, 2026, unless extended or earlier terminated, with settlement expected on September 16, 2026. Holders will also receive accrued and unpaid interest to, but excluding, the settlement date, and purchased Notes will be cancelled. Tenders are not subject to any minimum principal condition and must be in denominations of $1,000 or integral multiples thereof.

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Summit Midstream Corporation (NYSE: SMC) announced that Double E Pipeline has reached a final investment decision on its mainline compression expansion after a successful open season and a new long-term, take-or-pay firm transportation agreement for 200 MMcf/d with an investment-grade shipper. The expansion will add about 900 MMcf/d of forward haul capacity to Waha and is expected to enter service in the fourth quarter of 2028. Total contracted firm capacity on Double E is now approximately 2.2 Bcf/d, supported by around 550 MMcf/d of new long-term commitments from the open season.

Summit expects to invest about $100 million, net to its 70% interest, for the compressor station, plant connections and related infrastructure, funded entirely through its existing term loan at Summit Permian Transmission and a now-committed $50 million accordion, giving $100 million of committed financing capacity. The Double E joint venture has ordered long-lead gas turbine compression units, and the project remains subject to FERC and other regulatory approvals. According to Summit, management guidance indicates Permian Segment Adjusted EBITDA could increase from roughly $37 million in 2026 to over $100 million by 2030 when the project is fully subscribed.

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ExxonMobil (NYSE: XOM) announced that Senior Vice President and Chief Financial Officer Neil Hansen will participate in a fireside chat at the Barclays 40th Annual Energy-Power Conference in New York on September 9, 2026, at 8:00 a.m. ET. A live webcast will be available via the event page, with an archived audio replay posted on ExxonMobil’s website about 24 hours later.

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FAQ

What is the current stock price of ExxonMobil (XOM)?

ExxonMobil (XOM) last closed at $165.30.

What is the market cap of ExxonMobil (XOM)?

The market cap of ExxonMobil (XOM) is approximately $674.3B.