ExxonMobil reports Q3 2026 earnings beat with $15.4 billion profit and 4% dividend increase
ExxonMobil posted a Q3 profit of $15.4 billion, driven by full Gulf Coast refinery utilization and higher diesel prices. Adjusted earnings per share were $4.23, surpassing Wall Street expectations of $4.08. The company announced a 4% dividend increase to $1.07 per share and reaffirmed a $20 billion share‑repurchase program through 2027. Production averaged 4,496 KBOE per day and revenue reached $110.5 billion, up 32.6% year‑over‑year.
Why it matters
The company said the strong cash flow of $25.7 billion allows it to return $9.4 billion to shareholders through dividends and buybacks, which could support the stock price. The 4% dividend hike and the $20 billion buyback plan signal confidence in earnings durability.
Key facts
- 1Q3 oil‑equivalent production was 4,496 KBOE per day. finance.yahoo.com
- 2Q3 revenue was $110.5 billion, up 32.6% year‑over‑year. finance.yahoo.com
- 3Adjusted earnings per share were $4.23, beating the $4.08 estimate. ua.news
- 4GAAP profit for the quarter was $15.4 billion. ua.news
- 5The dividend was increased 4% to $1.07 per share for the fourth quarter. news.alphastreet.com
- 6ExxonMobil reaffirmed a $20 billion share‑repurchase program to be completed by 2027. seekingalpha.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.