ExxonMobil reported third-quarter 2025 earnings of $7.5 billion, highlighting record upstream performance across its global portfolio, led by major gains in the Permian basin and offshore Guyana.
Companywide production averaged 4.8 million boe per day, up 139,000 boed from the prior quarter. ExxonMobil’s Permian production hit a record 1.7 MMboed, while Guyana output exceeded 700,000 boed, marking another milestone for the prolific Stabroek Block. The company also brought the Yellowtail project online four months ahead of schedule and under budget, adding an initial 250,000 boed of capacity and lifting Guyana’s total installed capacity to over 900,000 boed.
Additionally, ExxonMobil took final investment decision (FID) on Hammerhead, its seventh development in the Stabroek Block, expected to add 150,000 boed by 2029. In the U.S., the company expanded its Permian footprint with the acquisition of 80,000 additional net acres from Sinochem Petroleum, supporting continued deployment of its proprietary completion technologies, including lightweight proppants that boost well recoveries by up to 20%.
Beyond upstream growth, ExxonMobil commissioned its next-generation Discovery 6 supercomputer—developed with Hewlett Packard Enterprise and NVIDIA—to accelerate reservoir analysis, drilling optimization, and exploration modeling.
Chairman and CEO Darren Woods said the company’s operational execution and early project delivery continue to differentiate ExxonMobil’s performance:
“We delivered the highest earnings per share we’ve had in a similar oil-price environment. No one else in our industry is executing at this scale or delivering this level of innovation.”
