XOM · News · 20260804N
Upstream Production Volume
ExxonMobil Holdings Corp · 2026-08-04 · Importance 44 · Surprise 50 · In source text
ExxonMobil reported record Permian output and upstream production at multi-decade highs during the second quarter. Guyana production and accelerating investment recovery were identified as important contributors to cash flow and strategic growth. The company temporarily lost 10% of upstream production, but production growth and advantaged assets supported higher earnings.
Key facts
- Exxon's Q2 upstream profits were nearly $14 billion versus $36 billion for all of FY2022 per Seeking Alpha. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | — | Exxon's Q2 upstream profits were nearly $14 billion versus $36 billion for all of FY2022 per Seeking Alpha. |