Exxon Mobil CEO Darren Woods told analysts on Friday that the company has the technology that would be needed to produce higher cost barrels from Venezuela. ...

责任编辑：张俊 SF065 埃克森美孚（XOM）周五早盘下跌0.9%课次钱该公司报告第四季度每股收益和营收均超预期，理由是 产量创纪录及强劲的炼油利润率；全年盈利为288亿美元，向股东返还了372亿美元。 埃克森美孚（XOM）周五早盘下跌0.9%课次钱该公司报告第四季度每股收益和营收均超预期，理由是 产量创纪录及强劲的炼油利润率；全年盈利为288亿美元，向股东返还了372亿美元。 责任编辑：张俊 SF065 ...

Financial Performance - ExxonMobil reported a net profit of $6.5 billion, or $1.53 per diluted share, for Q4 2025, a 14% decrease from $7.6 billion, or $1.72 per diluted share, in Q4 2024 [1] - For the full year 2025, earnings reached $28.8 billion, down from $33.7 billion in 2024, attributed to weaker crude prices, lower chemical margins, and increased depreciation costs [2] - The company generated $12.7 billion in cash flow from operating activities and recorded free cash flow of $5.6 billion in Q4 2025 [1] Shareholder Distributions - Shareholder distributions for Q4 2025 totaled $9.5 billion, comprising $4.4 billion in dividends and $5.1 billion in share repurchases [1] - For the full year 2025, total shareholder distributions amounted to $37.2 billion, including $17.2 billion in dividends and $20 billion in share repurchases [2] Operational Highlights - Upstream operations generated annual earnings of $21.4 billion, despite challenges from lower crude realizations and higher depreciation costs compared to $25.4 billion in the previous year [4] - Production reached its highest level in over four decades at 4.7 million oil-equivalent barrels per day [4] - The company achieved record refinery throughput levels, supporting substantial shareholder distributions [6] Cost Management and Savings - ExxonMobil has realized cumulative structural cost savings of $15.1 billion since 2019, surpassing all other international oil companies [3][6] - The company reported a debt-to-capital ratio of 14%, supported by an ending cash balance of $10.7 billion [3] Segment Performance - Energy Products recorded full-year earnings of $7.4 billion, driven by improved refining margins and record throughput [4] - Chemical Products reported earnings of $800 million, reflecting lower margins despite high-value product sales [4] - Specialty Products contributed $2.9 billion in earnings, although this was a reduction from the previous year due to higher development spending and unfavorable currency fluctuations [5]

Exxon Mobil (NYSE:XOM) Q4 2025 Earnings call January 30, 2026 09:30 AM ET Company ParticipantsDarren Woods - CEOJim Chapman - Vice President, Treasurer, and Head of Investor RelationsKathryn Mikells - CFONeil Hansen - Incoming CFOConference Call ParticipantsArun Jayaram - AnalystBob Brackett - AnalystDevin McDermott - AnalystDoug Leggate - AnalystNeil Mehta - AnalystNone - AnalystJim ChapmanGood morning, everyone. Welcome to ExxonMobil's fourth quarter 2025 earnings call. Today's call is being recorded. We ...

Financial Data and Key Metrics Changes - In 2025, ExxonMobil achieved an annualized shareholder return of 29%, leading the industry, supported by $150 billion in distributions to shareholders over the past five years [5] - Earnings, cash flow, and return on capital employed remain among the strongest in the sector, with upstream earnings per barrel significantly higher than competitors [6] - The company completed $20 billion in share repurchases, retiring shares equivalent to one-third of those issued during the Pioneer transaction [6] Business Line Data and Key Metrics Changes - Upstream production averaged 4.7 million oil equivalent barrels per day, with unit earnings more than double those in 2019 on a constant price basis [3] - Production from advantaged assets, including the Permian, Guyana, and LNG, continues to grow, expected to make up roughly 65% of total production by 2030 [4] - In Guyana, gross production in the fourth quarter reached approximately 875,000 barrels per day, with the first four FPSOs producing 100,000 barrels a day above the investment basis [7] Market Data and Key Metrics Changes - The company expects to reach its 2030 methane intensity reductions by the end of 2025, having already reduced corporate GHG intensity by more than 20% and upstream GHG intensity by more than 40% [2][3] - The Permian delivered a new production record in the fourth quarter, reaching 1.8 million oil equivalent barrels per day, contributing to the highest annual company production in over 40 years [7] Company Strategy and Development Direction - ExxonMobil's strategy focuses on leveraging competitive advantages, maintaining a disciplined approach to investments, and divesting non-strategic assets [3][11] - The company aims to capture more value from every barrel produced and is focused on high-margin, technology-differentiated markets [11] - A new enterprise-wide process and data platform is being implemented to enhance operational efficiency and leverage artificial intelligence [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth trajectory in Guyana and the Permian, emphasizing the role of technology in driving production and cost efficiency [8][29] - The company is committed to maintaining financial strength while returning surplus cash to shareholders, with a focus on disciplined capital allocation [11] - Management highlighted the importance of execution excellence and the successful startup of key projects, which will support long-term shareholder value [10] Other Important Information - ExxonMobil is advancing its carbon capture network, with progress on various projects capable of sequestering approximately 9 million tons of CO2 per year [9] - The company is also exploring opportunities in lithium and battery technologies, aiming to leverage synergies across its product offerings [91] Q&A Session All Questions and Answers Question: Exploration strategy in Guyana - Management is optimistic about exploration opportunities in Guyana, particularly in areas currently accessible, and is awaiting a ruling from the International Court of Justice regarding the border dispute with Venezuela [16][18] Question: Permian production guidance - Management expects significant year-on-year improvement in Permian production and is optimistic about the deployment of lightweight proppant technology [25][30] Question: Upside potential from new markets - Management acknowledged potential opportunities in Libya, Iraq, and Venezuela, emphasizing the need for favorable fiscal regimes and legal structures to facilitate entry [38][41] Question: Carbon capture and data center interest - Management confirmed serious discussions with hyperscalers regarding carbon capture solutions for data centers, with expectations for project announcements by year-end [100] Question: Base decline rates and uptime expectations - Management did not provide specific figures but emphasized ongoing improvements in asset management and technology application to enhance performance [109]

Exxon Mobil (NYSE:XOM) Q4 2025 Earnings call January 30, 2026 09:30 AM ET Speaker1Good morning, everyone. Welcome to ExxonMobil's fourth quarter 2025 earnings call. Today's call is being recorded. We appreciate you joining us. I'm Jim Chapman, Vice President, Treasurer, and Investor Relations. This quarter's presentation and prerecorded remarks are available on the investors section of our website. They are meant to accompany the fourth quarter earnings press release, which is posted in the same location. D ...

Exon Mobile beating on both the top and the bottom lines. Joining us right now for an exclusive interview is Exxon Mobile's chairman and CEO, Darren Woods. Darren, welcome.Um, it's great to see you this morning. We know oil prices have been down, but how has Exxon been mo operating under those uh lower oil prices. >> Well, I think we had a, as you saw in the quarter, really strong quarter which topped off a really strong year as you said, oil prices down, commodity prices down across the year.That took abou ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

ExxonMobil CEO Darren Woods said Friday that Venezuela needs to transition to democracy in order for investment in the South American nation's dilapidated oil industry to make sense. President Donald Trump is pressuring oil companies to invest at least $100 billion in Venezuela to rebuild the country's oil industry after the U.S. captured former President Nicolas Maduro on Jan. 3. But Woods told Trump at the White House on Jan. 9 that Venezuela is "uninvestable" in its current state. The Exxon CEO's blunt a ...

Permian Basin, Texas 4Q 2025 Earnings Call ExxonMobil January 30, 2026 1 Cautionary statement FORWARD-LOOKING STATEMENTS. Statements of future events, conditions, expectations, plans, performance, earnings power, earnings growth at constant prices and margins, potential addressable markets, opportunities, ambitions, or results in this presentation or the subsequent discussion period are forward-looking statements. Similarly, discussions of future carbon capture, transportation, and storage, as well as lower ...