Exxon beats Q3 profit estimates on higher Guyana, Permian production

Core Insights - Exxon Mobil exceeded Wall Street expectations for third-quarter earnings, driven by increased oil and gas production in Guyana and the Permian Basin, which compensated for lower oil prices [1] Group 1: Earnings Performance - The company reported third-quarter earnings that surpassed analyst forecasts [1] - Higher production levels in key regions contributed significantly to the earnings performance [1] Group 2: Production Highlights - Increased oil and gas production in Guyana played a crucial role in supporting earnings [1] - The Permian Basin also contributed to the overall production increase, helping to mitigate the impact of declining oil prices [1]