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Exxon Beats Estimates, Shares Rise 1.4% on Guyana, Permian Gains

5/20/2026

38 7 Full Breakdown

Summary

Story summary

Exxon Mobil shares rose about 1.4% to $163 after earnings of $1.16 per share beat the $0.98 estimate.
Revenue totaled $83.16 billion.
Energy products earnings were $2.8 billion, about $2.0 billion higher than a year earlier.
Upstream growth came from Guyana offshore fields and the U.S. Permian Basin.
Management pledged a competitive dividend, occasional buybacks and expanded low-carbon projects while tightening capital criteria.

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Story summary

Exxon Mobil shares rose about 1.4% to $163 after earnings of $1.16 per share beat the $0.98 estimate.
Revenue totaled $83.16 billion.
Energy products earnings were $2.8 billion, about $2.0 billion higher than a year earlier.
Upstream growth came from Guyana offshore fields and the U.S. Permian Basin.
Management pledged a competitive dividend, occasional buybacks and expanded low-carbon projects while tightening capital criteria.