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ExxonMobil reports 14% drop in Q4 net profit
Yahoo Finance· 2026-01-30 15:34
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]
ExxonMobil(XOM) - 2025 Q3 - Earnings Call Presentation
2025-10-31 13:30
Financial Performance - GAAP earnings were $7.5 billion in 3Q25, driven by an advantaged portfolio, execution excellence, and cost discipline[5, 17] - Shareholder distributions were greater than $9 billion[5] - Structural cost savings reached $14.3 billion versus 2019, with $2.2 billion YTD[17, 31] - Cash flow from operations was $14.8 billion in 3Q25[17] - Cash capex was $8.6 billion in 3Q25[19] Operational Highlights - Upstream production was 4.8 million barrels of oil equivalent per day (Moebd) in 3Q25[51] - Permian production was approximately 1.7 Moebd[51] - The company is on pace to complete $20 billion of share repurchases in 2025[29] - 8 out of 10 key 2025 projects have successfully started up, with the remaining 2 on track[5] Segment Performance - Upstream unit earnings were approximately $13 per oil-equivalent barrel ($/oeb)[120] - Energy Products unit earnings were approximately $5 per barrel ($/bbl)[120] - Chemical Products unit earnings were approximately $93 per ton ($/T)[120] - Specialty Products unit earnings were approximately $383 per ton ($/T)[120]