Compared to Estimates, Exxon (XOM) Q1 Earnings: A Look at Key Metrics

Core Insights - Exxon Mobil reported $83.13 billion in revenue for Q1 2025, a slight year-over-year increase of 0.1$1.76, compared to $2.06 a year ago, with a surprise of 1.15$1.74 [1] Financial Performance - Oil-equivalent production per day was 4,551 KBOE/D, slightly below the average estimate of 4,570.89 KBOE/D [4] - Natural gas production available for sale per day in Europe was 331 Mcf/D, below the estimate of 347.38 Mcf/D; in Africa, it was 118 Mcf/D versus 143.66 Mcf/D; and in Asia, it was 3,457 Mcf/D, exceeding the estimate of 3,279.76 Mcf/D [4] - Upstream revenues in the United States reached $7.32 billion, significantly above the estimate of$5.72 billion, marking a year-over-year increase of 234.2% [4] - Upstream revenues from Non-U.S. operations were $3.96 billion, exceeding the estimate of$3.24 billion, with a year-over-year change of 12.3% [4] - Energy Products revenues in the United States were $23.89 billion, slightly below the estimate of$24.43 billion, reflecting a year-over-year decline of 3.7% [4] - Specialty Products revenues from Non-U.S. operations were $3.03 billion, significantly below the estimate of$5.31 billion, with a year-over-year decrease of 4% [4] - Total revenues from sales and other operating revenue were $81.06 billion, below the estimate of$84.12 billion, but showing a year-over-year increase of 0.8% [4] - Other income was reported at $703 million, below the estimate of$831.78 million [4] - Income from equity affiliates was $1.37 billion, exceeding the estimate of$1.17 billion, but reflecting a year-over-year decline of 25.7% [4] - Total revenues from Energy Products were $59.96 billion, below the estimate of$63.39 billion, with a year-over-year decrease of 6.6% [4] Stock Performance - Exxon shares returned +1.8% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]