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Exxon posts strong quarterly earnings with production in Guyana and the Permian Basin picking up

Exxon Mobil's third-quarter net production reached 4.7 million barrels per day, setting records in Guyana and the Permian Basin despite weaker crude prices.

  • Exxon Mobil posted $8.1 billion in adjusted earnings for the third quarter, exceeding Wall Street expectations, driven by record output from Guyana and the Permian Basin.
  • Oil and gas production increased to 4.8 million barrel of oil equivalent per day from 4.6 million in Q2, despite price softness.
  • Exxon boosted its quarterly dividend by 4% to $1.03 per share and confirmed plans for $20 billion in share buybacks this year after returning $9.3 billion to shareholders last quarter.
  • CEO Darren Woods stated that Exxon is lifting force majeure on its $30 billion Rovuma LNG project in Mozambique as security conditions improve.
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Exxon posts strong quarterly earnings with production in Guyana and the Permian Basin picking up

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production.

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The Washington Post broke the news in on Friday, October 31, 2025.
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