ExxonMobil Reports Strong Q3 2026 Results with $15.4B in Earnings and $20B 2027 Buyback Target

Executive Summary

On October 30, 2026, ExxonMobil Holdings Corp filed a Form 8-K furnishing its third-quarter 2026 financial results and related investor data under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).

Key Financial Highlights

• Earnings per Share: Reported GAAP EPS of $3.72; Non-GAAP adjusted EPS of $4.23.
• Net Earnings: GAAP net income of $15,413 million for 3Q 2026, up from $14,525 million in 2Q 2026 and bringing year-to-date 2026 earnings to $34,121 million (compared to $22,343 million YTD 2025).
• Shareholder Returns: Extended annual dividend growth streak to 44 consecutive years and announced a targeted share repurchase program of $20 billion for 2027.

Operational & Strategic Developments

• Upstream Milestones: Achieved cumulative upstream production of 1 billion barrels at both Guyana and Kearl, alongside 100 million tons at PNG LNG.
• LNG Portfolio Expansion: Assumed operatorship at Papua LNG and agreed to increase working interest in Papua to 34% and Rovuma (Mozambique) to 50%.
• Downstream / Refining: Achieved record year-to-date global fuels refining utilization (excluding Middle East impacts), record diesel yields globally, and record diesel volumes in North America.