Exxon Mobil Corp

ExxonMobil delivered a mixed first quarter for 2025, posting earnings of $1.76 per diluted share — edging past the $1.7338 consensus estimate by 1.51% — while revenue of $83.13 billion fell 3.44% short of the $86.09 billion Wall Street had expected, even as sales grew 3.4% year over year. The headline profit figure masked a notable year-over-year decline from $2.06 per share in Q1 2024, with sharply weaker refining and chemical margins acting as the primary drag. The bright spot was a surging Upstream segment, where net production climbed 20% to 4.55 million oil-equivalent barrels per day — fueled by the Pioneer acquisition — pushing segment earnings up $1.10 billion year over year to $6.76 billion. ExxonMobil's <a href="https://247wallst.com/investing/2025/12/07/exxon-mobils-43-year-dividend-streak-looks-secure-despite-falling-earnings/">long-running shareholder returns program</a> remained intact, with $9.10 billion distributed in the quarter through dividends and buybacks. Looking ahead, management reiterated full-year capex guidance of $27 billion to $29 billion and said ten new projects starting in 2025 are expected to generate more than $3 billion in 2026 earnings.