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

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.

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.

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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The article cites World Kinect beating revenue expectations and Noble beating estimates despite revenue weakness—both saw strong stock moves. If the market is trading “who benefits from the same macro,

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

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

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.

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

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.