Exxon Q3 Profit Doubles YoY on Energy Products


   
Daniel Rodriguez Huerta
DTN Refined Fuels Market Reporter

   *Republishing a story submitted at 10:12 a.m. ET

   CALGARY, CANADA (DTN) - ExxonMobil reported on Friday (10/30) that net 
profit rose 104.20% from the third quarter of 2025 to $15.4 billion in the 
third quarter of 2026, as earnings from its Energy Products segment rose to 
$7.2 billion from $1.8 billion.

   ExxonMobil also stated that:

   Net profit was $14.5 billion in the second quarter of 2026 and $7.5 billion 
in the third quarter of 2025.

   Earnings were $17.5 billion when excluding identified items and timing 
effects, up 19.24% from $14.7 billion in the second quarter of 2026. Identified 
items added a net $449 million to net profit, including a $675 million gain on 
asset sales.

   Results were reduced by approximately $2.5 billion in unfavorable timing 
effects related to derivatives, versus $2.5 billion in favorable timing effects 
in the second quarter of 2026.

   Net production in the third quarter of 2026 was 4.5 million boepd, down 
5.72% from 4.8 million boepd in the third quarter of 2025 and 4.5 million boepd 
in the second quarter of 2026.

   Cash capital expenditures were $7.0 billion versus $6.8 billion in the 
second quarter of 2026.




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