earnings
confidence high
sentiment positive
materiality 0.90
ExxonMobil Q3 2022 earnings $19.7B ($4.68 EPS); record Permian production; dividend raised to $0.91
EXXON MOBIL CORP
2022-Q3 EPS reported
$10.17
revenue$318,251,000,000
- Net income $19.7B vs $6.75B Q3 2021; EPS $4.68 vs $1.57. Ex-items earnings $18.7B, EPS $4.45.
- Cash flow from ops $24.4B; free cash flow $22B; cash $30.5B; net-debt-to-capital ~7%.
- Dividend raised to $0.91/share (+$0.03); Q3 share repurchases $4.5B, YTD $10.5B; up to $30B plan through 2023.
- Upstream earnings $12.4B; Permian record ~560K boe/d; total production 3.7M boe/d; two new Guyana discoveries.
- Signed carbon capture agreement with CF Industries for up to 2M metric tons CO2/year; Capex $5.7B in Q3.