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Exxon Mobil Beats Earnings, Raises Dividend Amid Costs

10/31/2025

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Story summary
  • Exxon Mobil reported third-quarter earnings of $8.1 billion, beating $1.82 per-share expectations due to higher output in Guyana and the Permian Basin.
  • Free cash flow fell to $6.3 billion from $11.3 billion year over year due to higher acquisition costs.
  • Exxon Mobil raised its fourth-quarter dividend 4% to $1.03 per share.
  • Exxon expects capital expenditures to be slightly below its $27 billion to $29 billion annual guidance.