The earnings call reflects a mix of strong financial performance and strategic advancements, offset by significant market and policy uncertainties impacting prices and margins. Despite these challenges, ExxonMobil demonstrates resilience and potential for long-term growth.

Company Guidance

During ExxonMobil's First Quarter 2025 Earnings Call, the company provided robust guidance, highlighting its financial and strategic positioning amid market volatility. ExxonMobil reported earnings of $7.7 billion, a 4% sequential increase, and generated $13 billion in cash flow from operations, leading all International Oil Companies (IOCs). The company has achieved $12.7 billion in structural cost reductions since 2019, averaging nearly $2.5 billion annually, and sold $1.8 billion of assets in the quarter, completing $5 billion of incremental divestments. ExxonMobil's strategy aims to grow its earnings by $20 billion and cash flow by $30 billion by 2030. The company plans to lower its breakeven to $35 per barrel by 2027 and $30 per barrel by 2030, while maintaining capital expenditures between $28 billion and $33 billion annually through 2030. Additionally, ExxonMobil is focused on increasing its production from advantaged assets to over 60% by 2030, with a per barrel profit increase from $10 last year to $13 in 2030, and expects 80% growth in high-value products. The company is also investing in low carbon solutions, projecting $1 billion in earnings by 2030, and has returned $9.1 billion to shareholders, including $4.8 billion in share buybacks, marking a three-year total shareholder return of 60%.

Strong Financial Performance

Earnings for the quarter were $7.7 billion, up 4% sequentially excluding identified items. Cash flow from operations was $13 billion, leading all IOCs.

Cost Efficiency and Asset Divestments

Since 2019, ExxonMobil has taken $12.7 billion of structural costs out of the business and sold $24 billion of non-core assets, reshaping its portfolio and growing earnings power.

Advancements in Low Carbon Solutions

Progress in low-carbon solutions with expectations to generate $1 billion of earnings by 2030 from businesses insulated from commodity price cycles.

Proxxima Business Growth

ExxonMobil showcased a new high-strength EV battery case and announced a collaboration with Nordics Group, expecting to double Proxxima production capacity this year.

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Exxon Mobil (XOM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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XOM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 25, 2025	2025 (Q2)	1.57 / -	2.14	―	―	―
May 02, 2025	2025 (Q1)	1.75 / 1.76	2.06	-14.56% (-0.30)
Jan 31, 2025	2024 (Q4)	1.55 / 1.67	2.48	-32.66% (-0.81)
Nov 01, 2024	2024 (Q3)	1.88 / 1.92	2.27	-15.42% (-0.35)
Aug 02, 2024	2024 (Q2)	2.02 / 2.14	1.94	10.31% (+0.20)
Apr 26, 2024	2024 (Q1)	2.19 / 2.06	2.83	-27.21% (-0.77)
Feb 02, 2024	2023 (Q4)	2.19 / 2.48	3.4	-27.06% (-0.92)
Oct 27, 2023	2023 (Q3)	2.37 / 2.27	4.45	-48.99% (-2.18)
Jul 28, 2023	2023 (Q2)	2.04 / 1.94	4.14	-53.14% (-2.20)
Apr 28, 2023	2023 (Q1)	2.60 / 2.83	2.07	36.71% (+0.76)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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XOM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 02, 2025	$105.78	$106.21	+0.41%
Jan 31, 2025	$108.60	$105.88	-2.50%
Nov 01, 2024	$114.80	$113.00	-1.57%
Aug 02, 2024	$114.05	$113.98	-0.06%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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