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Exxon Mobil Q3 Earnings Surpass Estimates Amid Record Production

Exxon Mobil Q3 Earnings Surpass Estimates Amid Record Production

Author:

Global Cryptocurrency

Published:

2025-10-31 18:55:02

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BTCCSquare news:

Exxon Mobil Corp. (XOM) delivered a stronger-than-expected third-quarter performance, with adjusted earnings of $1.88 per share outpacing Wall Street's $1.82 forecast. The energy giant posted $7.5 billion in net income, bolstered by record production in Guyana and the Permian Basin despite softening crude prices.

Output reached 4.8 million barrels of oil equivalent daily, with eight of ten planned 2025 projects already operational—including Guyana's accelerated Yellowtail development. CEO Darren Woods emphasized Exxon's industry-leading execution capabilities during the earnings release.

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