ExxonMobil reported fourth-quarter earnings of $6.5 billion, driven by record production in its key growth assets, though revenue of $82.31 billion fell short of analyst expectations. While the company achieved a new high in the Permian Basin (1.8 million boepd), the standout operational highlight was in Guyana, where gross production is now approaching 875,000 barrels per day.
Despite the strong volume growth, the company’s stock dipped over 2% following the announcement, reflecting broader market concerns and lower year-over-year operational cash flow. Management highlighted that structural cost savings of $3 billion were achieved in 2025, but the focus for the supply chain remains on the accelerated development timeline of offshore assets like Yellowtail, which are critical to sustaining this output growth through 2030.
Access more details on EICDataStream.