Information Americas, HOUSTON, Fri. Nov. 7, 2025: ExxonMobil, (NYSE: XOM), delivered stronger-than-expected third-quarter earnings, pushed by file oil and fuel manufacturing in Guyana and the Permian Basin that helped offset weaker world crude costs.
The U.S. power large reported adjusted earnings of $8.1 billion, or $1.88 per share, for the July–September quarter — surpassing analysts’ consensus estimate of $1.82 per share, in accordance with information from LSEG.
Regardless of the earnings beat, free money movement dropped to $6.3 billion, down sharply from $11.3 billion in the identical interval final 12 months, as ExxonMobil elevated capital spending to increase its acreage within the Permian Basin. Shares initially fell by almost 2% in Friday buying and selling earlier than later recovering to finish flat at $114.64.
“Larger expenditures counteracted what was in any other case optimistic earnings information that included a dividend enhance,” famous TPH & Co analyst Jeoffrey Lambujon.
ExxonMobil’s whole manufacturing rose to 4.8 million barrels of oil equal per day (boepd), up from 4.6 million boepd within the prior quarter, marking file output ranges from each Guyana’s Stabroek Block and the Permian Basin in Texas and New Mexico.
These two areas stay crucial to Exxon’s long-term development technique, as Guyana continues to emerge as one of many world’s most prolific new oil provinces. The corporate, together with its companions Hess Company and CNOOC, has made greater than 30 discoveries offshore Guyana since 2015.
Whereas operational efficiency was sturdy, ExxonMobil confronted a difficult pricing atmosphere. Brent crude averaged $68.17 per barrel throughout the third quarter – down about 13% from a 12 months earlier — as OPEC+ output will increase and a U.S.-led tariff dispute weighed on world demand and investor sentiment.
Power analysts say ExxonMobil’s means to put up revenue development regardless of decrease costs underscores its strategic pivot towards high-margin property like Guyana, the Permian, and LNG operations.
The corporate’s outcomes come amid broader trade turbulence, as world oil majors navigate risky costs, geopolitical headwinds, and accelerating power transitions.
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