Net income dropped to $4.2 billion, but adjusted earnings of $1.16 per share topped the $1.00 consensus forecast

Exxon Mobil Corporation today announced first-quarter 2026 earnings of $4.2 billion, or $1.00 per share assuming dilution. Earnings excluding identified items were $4.9 billion, or $1.16 per share. Earnings were $8.

Exxon Mobil Corporation XOM reported first-quarter 2026 earnings per share of $1.16, beating the Zacks Consensus Estimate of $1.07 by 8.4%. The result declined 34.1% from the year-ago quarter’s level of $1.

ExxonMobil reports a 15% output hit due to the Strait of Hormuz closure. Crude oil prices hitting $90 by June at 100% YES.

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Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company's revenue exceeded expectations, its adjusted earnings per share were below forecasts. This shortfall was primarily attributed to substantial one-off charges and timing issues related to derivatives.

During the earnings call, CEO Darren Woods said markets have not yet fully reflected the impact of Middle East supply disruptions, as inventories and strategic reserves have

Even if oil stays expensive, that doesn't mean ExxonMobil is the best play.

From its start as Standard Oil to becoming the largest private oil and gas company in the world, ExxonMobil's story is tied to America's identity.

ExxonMobil posted first-quarter earnings that exceeded Wall Street expectations despite a year-over-year profit drop, aided by higher production and crude price realizations. Midstream operator Energy Transfer, already up over 20% this year, is forecast to ...

Here's what investors should make of Exxon's stock price dropping more than 10% from its 52-week high.