The filing provides a partial preview of 3Q26 drivers, with strong margin improvement partially offset by lower liquids prices and operational disruptions. The full earnings release on October 30 will be the definitive read on performance and guidance.
Price Chart
Executive Summary
ExxonMobil filed an 8-K under Regulation FD providing a preliminary estimate of market and planned factors affecting 3Q 2026 results relative to 2Q 2026. The filing shows a net positive impact from market factors, led by a $4.4 billion improvement in margins, partially offset by a $1.3 billion decline in liquids prices and $0.6 billion in external operational impacts. The company also announced it will report full 3Q 2026 results on October 30, 2026.
Key Facts
- 2Q26 U.S. GAAP earnings were $14.5 billion; adjusted earnings (non-GAAP) were $14.7 billion.
- Estimated 3Q26 vs 2Q26 market impacts: change in liquids prices -$1.3B, change in gas prices +$0.3B, change in margins +$4.4B.
- Estimated external impacts on operations: -$0.6B.
- Estimated day effect (more days in 3Q26): +$0.3B.
- Estimated timing effects in 3Q26: -$2.5B (Energy Products -$1.9B, Corporate & Financing -$0.7B).
- Estimated weighted-average diluted shares outstanding for 3Q26: 4,140 million.
- Full 3Q26 financial results to be furnished on October 30, 2026.
Financial Impact
Net positive market and planned impacts of approximately $2.7B (sum of all line items excluding timing effects and identified items), but the filing explicitly states this is not a comprehensive earnings estimate and actual results may vary.
Risk Factors
- The estimates exclude performance-related factors, which management says may have greater impacts than the market and planned factors listed.
- Timing effects of -$2.5B are expected to unwind in subsequent quarters but create volatility in reported GAAP earnings.
- Middle East disruptions and geopolitical volatility remain a source of uncertainty for operations and margins.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0002115436-26-000013 |
| Document: xom-20261016.htm | 0002115436-26-000013 |
| Document: 0002115436-26-000013-index-headers.html | 0002115436-26-000013 |
| Document: 0002115436-26-000013-index.html | 0002115436-26-000013 |
| Document: 0002115436-26-000013.txt | 0002115436-26-000013 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G | $179.91 | awaiting T+1 | — | $179.91 (+0.00%) |
Oct 27, 2026 today | SC 13G/A | $180.55 | awaiting T+1 | — | $179.91 (−0.35%) |
Oct 21, 2026 6d ago | Institutional Cluster | $178.23 $183.21 | ▲ +2.79% | ▲ +3.32% | $179.91 (+0.94%) |
Oct 16, 2026 11d ago | DEFA14A | $178.98 $178.28 | ▼ −0.39% | ▼ −0.81% | $179.91 (+0.52%) |
Oct 16, 2026 11d ago | 8-K | $178.98 $178.28 | ▼ −0.39% | ▼ −0.81% | $179.91 (+0.52%) |
Oct 1, 2026 26d ago | ANALYST-DOWNGRADE | $163.82 $164.01 | ▲ +0.12% | ▼ −0.62% | $179.91 (+9.82%) |
Sep 25, 2026 4w ago | 8-K | $162.52 $161.35 | ▼ −0.72% | ▼ −0.54% | $179.91 (+10.70%) |
Aug 28, 2026 8w ago | 8-K | $156.71 $160.95 | ▲ +2.71% | ▲ +3.00% | $179.91 (+14.80%) |
Jul 31, 2026 12w ago | 8-K | $155.44 $155.05 | ▼ −0.25% | ▼ −1.66% | $179.91 (+15.74%) |
Jul 28, 2026 13w ago | ANALYST-DOWNGRADE | $153.04 $156.75 | ▼ −2.42% | ▼ −3.96% | $179.91 (−17.56%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers