Exxon Mobil Corporation is an integrated energy company headquartered in Spring, Texas, and listed on the New York Stock Exchange under the ticker XOM. It reports in four business segments: Upstream, Energy Products (refining and fuels), Chemical Products and Specialty Products, alongside a Corporate and Financing line. In 2026 the group moved its legal home from New Jersey to Texas, with ExxonMobil Holdings Corporation becoming the publicly traded parent and Exxon Mobil Corporation continuing as the principal operating subsidiary; the new name appears on the company's own results releases. Darren Woods is chairman and chief executive officer.
Second-quarter 2026 results
For the three months to 30 June 2026 ExxonMobil reported earnings of USD 14.5 billion, or USD 3.48 per share, and adjusted earnings of USD 14.7 billion, or USD 3.52 per share. Segment earnings were USD 7,927 million from Upstream, USD 5,465 million from Energy Products, USD 1,131 million from Chemical Products and USD 956 million from Specialty Products, against a loss of USD 954 million in Corporate and Financing. Cash flow from operating activities was USD 23.6 billion and free cash flow USD 17.2 billion. First-half earnings were USD 18.7 billion, or USD 23.5 billion on an adjusted basis, and the quarter included USD 194 million of identified Middle East impacts within a larger reserve addition.
Upstream: Permian, Guyana and production
Oil-equivalent production averaged 4,514 thousand barrels a day in the quarter, which the company described as its highest in more than two decades once Middle East country volumes are excluded from all periods. Permian Basin production set a quarterly record above 1.8 million oil-equivalent barrels a day, consistent with a planned compound annual growth rate of about 9% through 2030 that the company measures against Rystad Energy's outlook for competitors. In Guyana, the fifth floating production unit for the Stabroek developments set sail during the quarter, with start-up planned for the fourth quarter of 2026 and an increase in capacity of 250,000 barrels a day. Sequential Upstream earnings also benefited from the absence of operational disruption in Kazakhstan and were held back by the Middle East disruption.
Energy Products and chemicals
Energy Products sales were 5,698 thousand barrels a day and the segment benefited from strong US Gulf Coast utilisation and record second-quarter diesel production, partly offset by scheduled maintenance. Chemical Products sales were 4,471 thousand tonnes, with earnings helped by North American feedstock advantage and performance chemical margins. Specialty Products, which covers basestocks and high-value products, sold 1,784 thousand tonnes. During the quarter the company reached a final investment decision on a 120 KTA blending expansion for its Proxxima resin systems in Louisiana, and its cash capital expenditure of USD 13.0 billion in the first half was directed at advantaged assets and higher-value products.
Costs, capital and shareholder returns
ExxonMobil reported cumulative structural cost savings of USD 16.3 billion against a 2019 baseline, including an additional USD 1.2 billion in the first six months of 2026, and said planned 2026 investments are about 20% higher than those of the nearest international oil company in its comparison group. Shareholder distributions totalled USD 9.4 billion in the quarter, comprising USD 4.3 billion of dividends and USD 5.1 billion of share repurchases. The board declared a third-quarter dividend of USD 1.03 per share, payable on 10 September 2026 to shareholders of record on 17 August 2026. In September 2026 the company also ran cash tender offers for outstanding senior notes maturing in 2030 and 2031, publishing the pricing and expiration results on 15 September 2026.
Lower-carbon ventures and company history
Alongside the oil and gas business the group is developing lithium supply, carbon capture and storage, hydrogen and advanced recycling, and it states an ambition to reach net zero for Scope 1 and 2 emissions from operated assets by 2050 and from its integrated Permian Basin unconventional operated assets by 2035. Its lithium business is led by Patrick Howarth and the company notes that M. Stanley Whittingham, who led lithium-ion battery research in its laboratories in the 1970s, shared the 2019 Nobel Prize in Chemistry. On 7 August 2026 it announced a partnership with BASF to advance low-emission hydrogen through methane pyrolysis technology. The company's history pages trace the business to the Standard Oil Company formed in 1870 and the 1911 US Supreme Court break-up that created Jersey Standard and Socony, and its products are marketed today under the Exxon, Esso and Mobil brands.
Disclosure and contact
ExxonMobil files quarterly and annual reports with the US Securities and Exchange Commission, including a Form 10-K for 2025, and publishes an annual Global Outlook and sustainability material on its corporate site. It does not publish a general e-mail address: corporate and media contacts are handled through web forms and named press contacts, and regional customer service enquiries are routed through the relevant country organisation.