ExxonMobil's profits topped expectations last quarter, and it increased its dividend to $1.07 per share.

Oct 30, 2026, 9:30 AM ETResultsRead the original at Benzinga

Good for XOM

ExxonMobil beat earnings and sales estimates, with refining profits more than doubling from the prior quarter. Upstream and chemical earnings fell, and Middle East disruptions could keep production offline, but the strong overall results and refining gains carry more weight.

XOM · ExxonMobil Holdings Corporation

AI read · Good for XOM

The AI's read

The stronger refining business and higher company-wide sales and profit support a better reading of the quarter. ExxonMobil also raised its dividend and reported lower debt. Upstream and chemical earnings fell, and about 350,000 oil-equivalent barrels per day could remain offline if Middle East conditions persist. Those concerns matter, but the strong overall results and refining gains carry more weight.

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