---
schema_version: "secwatch.filing_event.v1"
accession: "0000034088-24-000025"
form_type: "8-K"
ticker: "XOM"
cik: "0000034088"
company_name: "EXXON MOBIL CORP"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:47:34.316189+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ExxonMobil Q1 earnings $8.2B ($2.06 EPS); Pioneer merger expected Q2 close

## Summary
- Q1 GAAP earnings $8.2B, down from $11.4B YoY; EPS $2.06 vs $2.79 prior. Cash flow from ops $14.7B.
- Free cash flow $10.1B; shareholder distributions $6.8B ($3.8B dividends, $3.0B buybacks). Dividend $0.95/share.
- Pioneer Natural Resources merger approved by shareholders; closing expected Q2 2024 pending regulatory OK. Buyback pace to rise to $20B/year post-close.
- Guyana production exceeded 600 kboe/d; Whiptail FID for sixth development; Payara reached nameplate early.
- Cumulative structural cost savings $10.1B vs 2019; on track for $15B by end-2027.

## SEC filing metadata
- accession: 0000034088-24-000025
- form_type: 8-K
- ticker: XOM
- cik: 0000034088
- company_name: EXXON MOBIL CORP
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34088/000003408824000025/0000034088-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34088/000003408824000025/xom-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034088-24-000025
- JSON: https://secwatch.observer/filing/0000034088-24-000025.json
- Plain text: https://secwatch.observer/filing/0000034088-24-000025.txt

## Key facts
- Earnings Releases
  EXXON MOBIL CORP reported first quarter of 2024 results: net income $8,220 million, EPS $2.06 per share assuming dilution.
  - Period: first quarter of 2024
  - Net income: $8,220 million
  - EPS: $2.06 per share assuming dilution
  - Result: reported results
  source text: ExxonMobil Announces First-Quarter 2024 Results • Generated strong first-quarter earnings of $8.2 billion and $14.7 billion of cash flow from operating activities
  evidence_url: https://www.sec.gov/Archives/edgar/data/34088/000003408824000025/0000034088-24-000025-index.htm
- Earnings Releases
  EXXON MOBIL CORP reported first quarter of 2024 results: net income $8,220 million, EPS $2.06 per share assuming dilution.
  - Period: first quarter of 2024
  - Net income: $8,220 million
  - EPS: $2.06 per share assuming dilution
  - Result: reported results
  source text: Earnings Per Common Share 3 2.06 1.91 +0.15 2.79 -0.73
  evidence_url: https://www.sec.gov/Archives/edgar/data/34088/000003408824000025/0000034088-24-000025-index.htm

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