---
schema_version: "secwatch.filing_event.v1"
accession: "0000034088-24-000007"
form_type: "8-K"
ticker: "XOM"
cik: "0000034088"
company_name: "EXXON MOBIL CORP"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:16:09.189184+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000034088-24-000007
- form_type: 8-K
- ticker: XOM
- cik: 0000034088
- company_name: EXXON MOBIL CORP
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34088/000003408824000007/0000034088-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34088/000003408824000007/xom-20240202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034088-24-000007
- JSON: https://secwatch.observer/filing/0000034088-24-000007.json
- Plain text: https://secwatch.observer/filing/0000034088-24-000007.txt

## Key facts
- Earnings Releases
  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
  source text: Exxon Mobil Corporation today announced fourth-quarter 2023 earnings of $7.6 billion, or $1.91 per share assuming dilution.
  evidence_url: https://www.sec.gov/Archives/edgar/data/34088/000003408824000007/0000034088-24-000007-index.htm
- Earnings Releases
  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
  source text: For the full year 2023, the company reported earnings of $36.0 billion, or $8.89 per share assuming dilution.
  evidence_url: https://www.sec.gov/Archives/edgar/data/34088/000003408824000007/0000034088-24-000007-index.htm

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