Exxon Mobil (XOM) Tops Q3 EPS by 5c

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ExxonMobil Earns $6.8 Billion in Third Quarter 2021

October 29, 2021 7:31 AM EDT

Quarterly earnings increased by $7.4 billion versus 2020 on improved demand and strong operations Cash flow from operating activities of $12.1 billion funded capital investments, debt reduction, and dividend Anticipate future annual capital investments of $20 billion to $25 billion; 4X increase in low-carbon spend Expect to be well within debt-to-capital target range by year end; 4Q dividend increased to $0.88 per share Starting 2022, share repurchase program of up to $10 billion over 12 - 24 months On track to achieve 2025 emission-reduction plans by year end

IRVING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:... More