ExxonMobil Q3 EPS $2.25, cash flow $16B; announces $59.5B Pioneer merger, dividend up 4%

EXXON MOBIL CORP

2023-Q3 EPS reported $6.98 revenue$260,238,000,000

Q3 GAAP net income $9.07B ($2.25 diluted EPS); operating cash flow $16.0B, up $6.6B from Q2.
Announced $59.5B all-stock merger with Pioneer Natural Resources; expects double-digit returns and accelerated Permian emission cuts.
Agreed to acquire Denbury Inc. for $4.9B all-stock (45M shares); expected close early November 2023.
Quarterly dividend raised to $0.95 (4% increase); marks 41 consecutive annual dividend increases.
Record Q3 global refinery throughput 4.2M bpd; cumulative structural cost savings reached $9.0B vs 2019.

item 2.02 item 7.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

EXXON MOBIL CORP reported third-quarter 2023 results: net income 9,070, EPS 2.25.

Period: third-quarter 2023
Net income: 9,070
EPS: 2.25
Result: reported results

Exact text from the filing

ExxonMobil Announces Third-Quarter 2023 Results • Generated strong third-quarter earnings of $9.1 billion, or $2.25 per share, reflecting reliable operating performance of an advantaged portfolio

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

EXXON MOBIL CORP reported third-quarter 2023 results: net income 9,070, EPS 2.25.

Period: third-quarter 2023
Net income: 9,070
EPS: 2.25
Result: reported results

Exact text from the filing

Dollars in millions (except per share data) YTD 2023 YTD 2022 Change vs YTD 2022 9,070 7,880 +1,190 19,660 -10,590 Earnings (U.S. GAAP) 28,380 42,990 -14,610

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13 earnings releases filed in the last 30 days. Browse all earnings releases →

EXXON MOBIL CORP filing history →

Source: SEC EDGAR

accession 0000034088-23-000054

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