---
schema_version: "secwatch.filing_event.v1"
accession: "0000034088-23-000054"
form_type: "8-K"
ticker: "XOM"
cik: "0000034088"
company_name: "EXXON MOBIL CORP"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:27:40.832424+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000034088-23-000054
- form_type: 8-K
- ticker: XOM
- cik: 0000034088
- company_name: EXXON MOBIL CORP
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34088/000003408823000054/0000034088-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34088/000003408823000054/xom-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034088-23-000054
- JSON: https://secwatch.observer/filing/0000034088-23-000054.json
- Plain text: https://secwatch.observer/filing/0000034088-23-000054.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/34088/000003408823000054/0000034088-23-000054-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/34088/000003408823000054/0000034088-23-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.