XOM · 10-Q · 2026Q3 · Full report

Divestment Proceeds

ExxonMobil Holdings Corp · 2026-11-02 · Importance 51 · Surprise 64

Through September 30, 2026, ExxonMobil realized approximately $1.5 billion of proceeds from divestment activities and recognized approximately $0.8 billion of net after-tax earnings. The sales included certain U.S. assets and other smaller divestments. In the prior-year period, divestment proceeds were approximately $3.2 billion and net after-tax earnings were approximately $1.1 billion. Prior-year sales included the Singapore retail fuels business, Mobil Argentina S.A., Product Solutions affiliates in France, and certain U.S. conventional and unconventional assets.

Key facts

• ExxonMobil realized approximately $1.5 billion in divestment proceeds through September 30, 2026, and recognized approximately $0.8 billion in net after-tax earnings from divestments. source
• Upstream third-quarter identified items included a $448 million gain, mainly from asset sales. source
• Asset-sale proceeds were $1.5 billion, a decrease of $0.7 billion compared with the prior year. source