NYSE:XOMOil and Gas
How Exxon's Q1 Earnings Beat and Record Guyana Output At Exxon Mobil (XOM) Has Changed Its Investment Story
In the first quarter of 2026, Exxon Mobil reported revenue of US$85.14 billion and net income of US$4.18 billion, while affirming a second‑quarter dividend of US$1.03 per share payable on June 10 to shareholders of record on May 15.
Despite lower headline profits, the company delivered an earnings beat driven by record Guyana production and reaffirmed substantial 2026 shareholder returns, including US$20 billion in planned buybacks.
We’ll now examine how Exxon Mobil’s earnings beat and...