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Here's What Key Metrics Tell Us About Exxon (XOM) Q3 Earnings

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Exxon Mobil Holdings (XOM - Free Report) reported $113.16 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 32.7%. EPS of $4.23 for the same period compares to $1.88 a year ago.

The reported revenue represents a surprise of +9.89% over the Zacks Consensus Estimate of $102.98 billion. With the consensus EPS estimate being $3.90, the EPS surprise was +8.46%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Exxon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Oil-equivalent production: 4,496.00 KBOE/D compared to the 4,472.41 KBOE/D average estimate based on four analysts.
  • Upstream Realization - Non-U.S. - ExxonMobil - Natural Gas: $13.92 compared to the $12.28 average estimate based on three analysts.
  • Net production of crude oil, natural gas liquids, bitumen and synthetic oil - United States: 1627 thousands of barrels of oil compared to the 1684.82 thousands of barrels of oil average estimate based on three analysts.
  • Net production of crude oil, natural gas liquids, bitumen and synthetic oil - Canada/Other Americas: 804 thousands of barrels of oil versus 848.9 thousands of barrels of oil estimated by three analysts on average.
  • Net production of crude oil, natural gas liquids, bitumen and synthetic oil - Europe: 4 thousands of barrels of oil versus the three-analyst average estimate of 2.86 thousands of barrels of oil.
  • Net production of crude oil, natural gas liquids, bitumen and synthetic oil - Africa: 134 thousands of barrels of oil versus 129.33 thousands of barrels of oil estimated by three analysts on average.
  • Net production of crude oil, natural gas liquids, bitumen and synthetic oil - Asia: 683 thousands of barrels of oil versus the three-analyst average estimate of 589.75 thousands of barrels of oil.
  • Net production of crude oil, natural gas liquids, bitumen and synthetic oil - Australia/Oceania: 27 thousands of barrels of oil versus the three-analyst average estimate of 26.79 thousands of barrels of oil.
  • Energy Products sales - United States: 3154 thousands of barrels of oil versus 2924.77 thousands of barrels of oil estimated by three analysts on average.
  • Energy Products sales - Worldwide: 5753 thousands of barrels of oil compared to the 5529.88 thousands of barrels of oil average estimate based on three analysts.
  • Revenues and other income- Sales and other operating revenue: $110.5 billion versus the two-analyst average estimate of $100.41 billion. The reported number represents a year-over-year change of +32.6%.
  • Revenues and other income- Other income: $1.54 billion versus the two-analyst average estimate of $431.57 million. The reported number represents a year-over-year change of +120.6%.

View all Key Company Metrics for Exxon here>>>

Shares of Exxon have returned +11.9% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

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