XOM · 10-Q · 2026Q2

ExxonMobil Holdings Corp

Filed 2026-08-03 · Energy · View original filing on EDGAR

Ranked Events

• Margin DriversImportance 75 · Surprise 64
  Second-quarter earnings increased to $14.5 billion from $7.1 billion, driven by higher prices and margins, advantaged Upstream and Energy Products investments, and structural cost savings. Upstream earnings rose to…
• Structural Cost SavingsImportance 64 · Surprise 42
  ExxonMobil reported estimated cumulative structural cost savings of $16.3 billion relative to 2019, including an additional $1.2 billion achieved in the first six months. Structural savings reduced cash operating…
• Operating Cash Flow TrendsImportance 64 · Surprise 56
  Six-month cash provided by operating activities increased 32% to $32,260 million from $24,503 million. Net income including noncontrolling interests increased to $19,353 million from $15,387 million, while depreciation…
• Commodity Derivatives ImpactsImportance 59 · Surprise 82
  Commodity contracts held for trading generated $2.3 billion of before-tax realized and unrealized losses for the period ended June 30, 2026, compared with gains in the corresponding prior-year period. These contracts…
• Segment ProfitabilityImportance 59 · Surprise 48
  ExxonMobil reported four segments: Upstream, Energy Products, Chemical Products, and Specialty Products. Six-month segment income increased 27% to $20,715 million from $16,352 million, led by Upstream income of $13,664…
• Revenue Performance and MixImportance 59 · Surprise 48
  Six-month total revenues and other income increased 22% year over year to $201,155 million from $164,636 million. Six-month sales and other operating revenue increased 23% to $197,690 million, including a 42% increase…
• Upstream Production VolumeImportance 46 · Surprise 32
  Second-quarter oil-equivalent production was 4.5 million barrels per day, down 116 thousand barrels per day year over year. Middle East disruption impacts reduced output, while growth in the Permian and Guyana mostly…
• Middle East Supply DisruptionsImportance 46 · Surprise 42
  Middle East supply disruptions reduced Upstream second-quarter earnings by $1,060 million and year-to-date earnings by $1,280 million. Production was reduced by 116 thousand oil-equivalent barrels per day year over…
• Redomicile to TexasImportance 44 · Surprise 60
  On July 1, 2026, Exxon Mobil Corporation completed its redomiciliation merger, making ExxonMobil Holdings Corporation (EMHC), a Texas corporation, the publicly traded parent of the ExxonMobil consolidated group. Each…
• Income Tax Rate ChangesImportance 43 · Surprise 32
  Six-month income tax expense increased 2% to $7,038 million from $6,918 million despite a 18% increase in income before income taxes to $26,391 million from $22,305 million. The effective tax rate declined to…
• Capital ExpendituresImportance 42 · Surprise 14
  Six-month additions to property, plant and equipment totaled $12,997 million on a consolidated cash-flow basis, up from $12,181 million in the prior-year period. Segment capital additions totaled $12,722 million,…
• Energy Transition StrategyImportance 37 · Surprise 42
  ExxonMobil maintains ambitions to achieve Scope 1 and Scope 2 net-zero emissions from operated assets by 2050 and Scope 1 and Scope 2 net zero in integrated Upstream Permian Basin unconventional operated assets by…
• Capital Return ProgramImportance 37 · Surprise 14
  ExxonMobil paid $8,633 million of cash dividends to shareholders during the first six months of 2026, compared with $8,623 million in the prior-year period. Dividends paid per common share increased 4% to $2.06 from…
• FX / Currency ImpactImportance 36 · Surprise 40
  Foreign exchange translation adjustments produced a $2.5 billion change in accumulated other comprehensive income during the six months ended June 30, 2026, compared with a $2.2 billion favorable change in the…
• Supply Chain ConstraintsImportance 34 · Surprise 42
  Regional supply constraints reduced chemical product availability, with the most pronounced effects in Asia. Middle East supply disruptions also affected Energy Products operations and prevented physical shipments…
• Operating Expense TrendsImportance 34 · Surprise 30
  Corporate and Financing expenses increased to $954 million in the second quarter from $759 million, a $195 million increase caused by lower interest income and unfavorable tax impacts. Six-month Corporate and Financing…
• Refining Margin TrendsImportance 32 · Surprise 24
  Global refining margins strengthened materially in the second quarter and were the primary driver of Energy Products performance. The company attributed the improvement to stronger refining margins, while advantaged…
• Chemical Products MarginImportance 31 · Surprise 32
  Chemical margins improved but remained below the bottom of the 10-year range, indicating continued industry weakness despite quarter-over-quarter improvement. Regional supply constraints affected product availability,…
• Liquidity and Debt PositionImportance 31 · Surprise 14
  Cash and cash equivalents were $10,588 million at June 30, 2026, compared with $10,681 million at December 31, 2025. Long-term debt declined to $32,229 million from $34,241 million, while notes and loans payable…
• Crude Price & GeopoliticsImportance 17 · Surprise 24
  Second-quarter market conditions were heavily influenced by supply disruptions in the Middle East and reductions in global refining capacity. Average crude oil prices remained within the 2010–2019 10-year historical…

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