Continue Reading
Full article on OilPrice.com
Exxon Beats Expectations as Record Production Offsets Lower Oil Prices
Market Intelligence Analysis
AI-Powered
Why This Matters
ExxonMobil exceeded earnings expectations in Q4, driven by record production in the Permian basin and offshore Guyana, despite lower oil prices.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Despite lower oil prices, ExxonMobil (NYSE: XOM) booked higher-than-expected earnings for the fourth quarter as quarterly production in the Permian basin and offshore Guyana set new records. Exxon reported on Friday earnings excluding identified items of $7.3 billion for the fourth quarter, or $1.71 per share. This beat the analyst consensus estimate of $1.70 per share. Earnings were lower in the fourth quarter from a year earlier, due to lower oil prices and weak chemicals margins. Early this month, Exxon had flagged an $800 million to $1.2…
Original article published by
OilPrice.com
on January 30, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.