Exxon Mobil reports Q3 adjusted EPS $1.88, consensus $1.83

Reports Q3 revenue $85.29B, consensus $83.6B. “ExxonMobil had a strong third quarter, continuing to demonstrate that we are truly in a league of our own,” said Darren Woods, ExxonMobil chairman and chief executive officer. “We delivered the highest earnings per share we’ve had compared to other quarters in a similar oil-price environment.2 In Guyana, we broke records with quarterly production surpassing 700,000 barrels per day, and started up the Yellowtail development four months early and under budget. In the Permian, we also set another production record of nearly 1.7 million oil-equivalent barrels per day, while continuing to expand the use of proprietary technologies like our lightweight proppant that improves well recoveries by up to 20%. We’ve now started up eight of our 10 key 2025 projects, with the remaining two on track. No one else in our industry is executing at this scale, with this level of innovation, or delivering this kind of value.”