ExxonMobil reports FY2023 earnings $36B, Q4 $7.6B; Pioneer merger on track

EXXON MOBIL CORP

2023-FY EPS reported $8.89 revenue$344,582,000,000

FY2023 earnings $36.0B ($8.89/share) vs $55.7B in 2022; Q4 earnings $7.6B ($1.91/share) vs $9.1B in Q3.
Q4 includes $2.0B impairment from California regulatory obstacles; adjusted Q4 EPS $2.48.
Generated $55.4B operating cash flow and $32.4B shareholder distributions in 2023 ($14.9B dividends, $17.4B buybacks).
Announced $59.5B all-stock Pioneer Natural Resources merger expected to close Q2 2024, pending approvals.
Cumulative structural cost savings $9.7B vs 2019; targeting $15B by 2027.

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 0.95

EXXON MOBIL CORP reported fourth-quarter 2023 results: net income $7.6 billion, EPS $1.91 per share assuming dilution.

Period: fourth-quarter 2023
Net income: $7.6 billion
EPS: $1.91 per share assuming dilution
Result: reported results

Exact text from the filing

Exxon Mobil Corporation today announced fourth-quarter 2023 earnings of $7.6 billion, or $1.91 per share assuming dilution.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EXXON MOBIL CORP reported full year 2023 results: net income $36.0 billion, EPS $8.89 per share assuming dilution.

Period: full year 2023
Net income: $36.0 billion
EPS: $8.89 per share assuming dilution
Result: reported results

Exact text from the filing

For the full year 2023, the company reported earnings of $36.0 billion, or $8.89 per share assuming dilution.

View on SEC.gov

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

EXXON MOBIL CORP filing history →

Source: SEC EDGAR

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