XOM Exxon Mobil (XOM) Q2 FY25 earnings call
ExxonMobil delivered a strong quarter marked by record Upstream production and successful execution of major projects across its diversified portfolio. While navigating a challenging chemical market and regulatory uncertainties in low-carbon initiatives, the company remains focused on leveraging technology and strategic acquisitions to drive capital-efficient growth and achieve its ambitious 2030 earnings and cash flow targets.
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XOM operating KPIs by quarter
| KPI | This call Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|
| Oil production Guyana | ~650K bbl/dWe have three major developments online producing roughly 650,000 gross barrels per day in total, considerably above our investment basis.Source: earnings call transcript | 700K bbl/d+Let's start in Guyana, where we're breaking records with production of more than 700,000 barrels per day in the quarter.Source: earnings call transcript | ~875K bbl/dOur most recent project, Yellowtail, came online ahead of schedule, raising gross production in the fourth quarter to roughly 875,000 barrels per day.Source: earnings call transcript | ~900K bbl/dIn the quarter, Guyana delivered gross production volumes of approximately 900,000 barrels per day.Source: earnings call transcript | — |
| Production Permian Basin | ~1.6M boe/dDuring the quarter, we produced roughly 1.6 million oil equivalent barrels per day, which was another record for us.Source: earnings call transcript | <1.7M boe/dIn the Permian Basin, another advantaged asset, we set yet another production record of nearly 1.7 million oil-equivalent barrels per day.Source: earnings call transcript | — | — | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.