Exxon Mobil Corp

ExxonMobil delivered a mixed but largely resilient fourth-quarter performance, posting non-GAAP earnings per share of $1.71 against a consensus estimate of $1.66 — a 3.01% beat — even as revenue of $82.31 billion came in 1.56% below expectations despite growing 1.5% year over year. The headline EPS story was driven in meaningful part by an extraordinary turnaround in Energy Products, where quarterly earnings surged more than 80% sequentially to $3.39 billion on stronger diesel and gasoline crack spreads and record North American refinery throughput — a bright spot that helped offset a $281 million loss in Chemical Products weighed down by weak industry margins. Full-year earnings of $28.84 billion trailed 2024's $33.68 billion, pressured by softer crude prices and higher depreciation, though record production of 4.7 million oil-equivalent barrels per day and $3 billion in structural cost savings provided meaningful ballast. With capital expenditure guidance set at $27–$29 billion for 2026 and $20 billion in planned share repurchases, ExxonMobil's <a href="https://247wallst.com/investing/2025/12/07/exxon-mobils-43-year-dividend-streak-looks-secure-despite-falling-earnings/">commitment to shareholder returns</a> remains firmly intact heading into the new year.