Exxon Mobil (XOM) Misses Q3 EPS by 12c, Revenues Miss

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ExxonMobil Announces Third-Quarter 2023 Results

October 27, 2023 6:30 AM EDT

Generated strong third-quarter earnings of $9.1 billion, or $2.25 per share, reflecting reliable operating performance of an advantaged portfolio Produced $16.0 billion of operating cash flow and increased cash balance by $3.4 billion Delivered the best-ever third-quarter global refinery throughput1 at 4.2 million barrels per day Returned $8.1 billion to shareholders in the quarter and increased fourth-quarter dividend to $0.95 per share Announced agreement to merge with Pioneer Natural Resources, a combination that will increase U.S. Permian production, enhance energy security and accelerate Pioneer's path to net zero

SPRING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation... More