{"id":262780,"date":"2025-10-31T11:53:08","date_gmt":"2025-10-31T11:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/262780\/"},"modified":"2025-10-31T11:53:08","modified_gmt":"2025-10-31T11:53:08","slug":"exxon-mobil-xom-third-quarter-2025-earnings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/262780\/","title":{"rendered":"Exxon Mobil (XOM) third quarter 2025 earnings"},"content":{"rendered":"

An Exxon Mobil gas station in Lorton, Virginia, US, on Monday, Oct. 27, 2025. <\/p>\n

Luke Johnson | Bloomberg | Getty Images<\/p>\n

Exxon Mobil<\/a> on Friday reported third quarter earnings that fell year over year, as oil prices tumbled due in large part to OPEC+ increasing production.<\/p>\n

Exxon’s net income fell 12% to $7.55 billion, or $1.76 per share, compared to $8.6 billion, or $1.92 per share, in the year ago period. Excluding one-time items, the oil major posted earnings per share of $1.88.<\/p>\n

U.S. crude oil prices have fallen about 16% this year as OPEC+ is increasing production and President Donald Trump’s tariffs have the market worried about an economic slowdown.<\/p>\n

Exxon shares were down more than 1% in premarket trading. <\/p>\n

Here is what Exxon reported for the\u00a0third quarter<\/a>\u00a0compared with what Wall Street was expecting, based on a survey of analysts by LSEG:<\/p>\n

Earnings per share:\u00a0$1.88 adjusted.Revenue: $85.3 billion, vs. $87.7 billion expected<\/p>\n

CEO Darren Woods said Exxon posted its highest earnings per share compared to similar quarters when oil prices were falling. Profits also took a hit due to bottom-of-cycle margins in its chemicals business. <\/p>\n

However, production in Exxon’s lucrative offshore assets in the South American nation of Guyana hit a quarterly record of more than 700,000 barrels per day. Its assets in the Permian Basin also set a production record of nearly 1.7 million bpd. <\/p>\n

Overall, Exxon produced 4.77 million bpd in the quarter. <\/p>\n

Exxon’s production business recorded earnings of $5.68 billion, while its refining business posted a profit of $1.8 billion. Its chemicals product business saw earnings of $515 million. <\/p>\n

The oil major’s capital expenditures stand at about $21 billion so far this year. It expects spending in 2025 to come in slightly below the lower end of its guidance range of $27 billion to $29 billion.<\/p>\n

Exxon gave back $9.4 billion to shareholders in the quarter and raised its fourth-quarter dividend to $1.03 per share. <\/p>\n","protected":false},"excerpt":{"rendered":"An Exxon Mobil gas station in Lorton, Virginia, US, on Monday, Oct. 27, 2025. Luke Johnson | Bloomberg…\n","protected":false},"author":2,"featured_media":262781,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[116,28,122,1872,5240,112,45063],"class_list":{"0":"post-262780","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-breaking-news-markets","9":"tag-business","10":"tag-business-news","11":"tag-energy","12":"tag-exxon-mobil-corp","13":"tag-markets","14":"tag-oil-and-gas"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/262780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=262780"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/262780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/262781"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=262780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=262780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=262780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}