ExxonMobil Holdings Corp

XOM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Exxon Earnings: Past Investments to Bolster Refining Positions Pay Off

Allen Good

Oct 30, 2026

ExxonMobil's third-quarter adjusted earnings exceeded expectations, with sequential growth driven by stronger global refining margins that offset the dip in oil prices. The company plans to repurchase $20 billion in shares in 2027, in line with 2026 levels.

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ExxonMobil Holdings Corp

Exxon Earnings: Past Investments to Bolster Refining Positions Pay Off

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