)
Company Research17 Jan 2024
The Largest Announced M&A Deals of 2023
Explore the biggest M&A deals of 2023, including major moves in energy, tech, and biotech sectors, reflecting a trend in strategic growth.
Exxon Mobil (XOM) investor relations material
Exxon Mobil Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary31 Oct, 2025
Executive summary
Third-quarter 2025 earnings were $7.5 billion, with record production in the Permian (1.7 million boe/d) and Guyana (over 700,000 barrels/day), supported by strong cost discipline and early Yellowtail project startup.
Year-to-date earnings totaled $22.3 billion, down from $26.1 billion in the prior year, mainly due to weaker crude prices, lower chemical margins, and higher expenses.
Eight of ten key 2025 projects have started up, with the remaining two on track; significant progress was made in Permian acreage and battery materials acquisitions.
Shareholder distributions exceeded $9.4 billion in Q3 and $27.8 billion year-to-date, including $12.9 billion in dividends and $14.9 billion in share repurchases.
Integration of Pioneer Natural Resources and other Permian acquisitions expanded the asset base and supported future growth.
Financial highlights
Q3 2025 GAAP earnings were $7.5 billion; earnings ex. identified items were $8.1 billion.
Q3 2025 revenue was $85.3 billion, with year-to-date revenue at $249.9 billion.
Cash flow from operations was $14.8 billion in Q3 and $39.3 billion year-to-date; free cash flow was $6.3 billion in Q3 and $20.6 billion year-to-date.
Cash capital expenditures for Q3 were $8.6 billion, including $2.4 billion in acquisitions; year-to-date capex was $20.9 billion.
Structural cost savings since 2019 reached $14.3 billion, with $2.2 billion added in 2025.
Outlook and guidance
Full-year cash capital expenditures are expected to be slightly below the $27–$29 billion guidance range, excluding acquisitions.
Permian production guidance raised, with continued growth expected into the next decade due to technology deployment and quality acreage.
The share repurchase program is expected to continue at a $20 billion annual pace through 2026, subject to market conditions.
On track to achieve over $18 billion in cumulative structural cost savings by 2030.
Annual dividend-per-share payments have grown for 43 consecutive years.
How will XOM achieve >$18B structural savings?
How is XOM navigating chemical oversupply?
What is the Permian production growth trajectory?
Detail the strategic impact of recent growth acquisitions
Assess sustainability of structural cost savings
Explain Specialty Products' growth vs. expense dynamics
Battery anode graphite: What's next for scale?
Low carbon solutions: Market development pace?
Mozambique LNG: Next steps for FID?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Exxon Mobil earnings date
Corporate Plan Update9 Dec, 2025
Next Exxon Mobil earnings date
Corporate Plan Update9 Dec, 2025
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
One of the largest energy companies in the world
ExxonMobil is a multinational oil and gas corporation based in Irving, Texas. The company was formed in 1999 through the merger of Exxon Corporation and Mobil Corporation and has since become one of the largest energy companies in the world. Some of ExxonMobil's competitors include Chevron, BP, and ConocoPhillips.
The business model
ExxonMobil's business model is based on the exploration, production, transportation, and sale of oil and gas products around the world. The company operates in over 50 countries, with a focus on developing and managing large-scale energy projects that have a significant impact on the global energy industry.
How ExxonMobil makes money
ExxonMobil generates revenue primarily through the sale of oil and gas products, as well as through its chemical and refining operations.
The company's products include:
Crude oil
Natural gas
Gasoline
Diesel fuel
And petrochemicals
In addition, ExxonMobil also generates revenue through various other services, including lubricants, electricity, and renewable energy.
One of the largest companies in the world
ExxonMobil is one of the largest companies in the world, and has a rich history dating back over 150 years, with a legacy of innovation and technological advancement. The company was one of the first to develop offshore drilling technology in the 1950s, and it also pioneered the use of 3D seismic imaging technology for oil exploration in the 1970s.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage