ExxonMobil's Third-Quarter Profit More than Doubles to $15.4 Billion

ExxonMobil reported third-quarter 2026 earnings of approximately $15.4 billion, more than double the $7.5 billion recorded during the same period a year earlier.

ExxonMobil reported third-quarter 2026 earnings of $15.4 billion as stronger oil prices and refining margins boosted its financial performance. [Photo: ExxonMobil Facebook]

The increase reflected stronger oil prices and improved refining margins, although the company also faced higher expenses, lower external volumes and disruptions affecting operations in the Middle East.

The oil major reported earnings of $3.72 per share.

Adjusted earnings reached approximately $17.5 billion, or $4.23 per share.

ExxonMobil also generated $25.7 billion in cash flow from operations and asset sales during the quarter, highlighting the company's strong cash-generating capacity amid volatile energy markets.

Higher crude prices and refining margins contributed to the stronger results.

However, the company's earnings should not be attributed exclusively to geopolitical developments, as multiple operating and market factors influenced its performance.