ExxonMobil Holdings Corp 8-K

RestructuringImpairment / charge

Lower liquids prices and impairments are estimated 4Q25 earnings headwinds vs 3Q25, partly offset by divestments.

Filed 2026-01-07 16:03 ET

Summary

4Q25 earnings-factor estimates and results-release timing. ExxonMobil estimated selected market and planned factors affecting 4Q25 results vs 3Q25, but said the estimates are not a forecast of 4Q earnings and exclude operating performance and other factors. The company plans to publish 4Q25 results on its website and in an SEC filing on 1/30/2026 at ≈5:30 a.m. CT.

Key Figures

  • 3Q25 earnings: $7.5B GAAP and $8.1B excluding identified items (non-GAAP); the quarter included $(0.2)B of impairments and $(0.4)B of restructuring charges.
  • Estimated 4Q25 market effects vs 3Q25: liquids prices $(1.2)-$(0.8)B; gas prices $(0.3)-$0.1B. Industry-margin estimates by affected segment: $0.3-$0.7B, $(0.4)-$(0.2)B and $0.0-$0.2B.
  • Other estimated effects include timing impacts of $(0.3)-$0.1B and $0.1-$0.5B; divestments of $0.6-$0.8B; impairment ranges of $(1.2)-$(1.0)B, $(0.4)-$(0.2)B and $(0.4)-$(0.2)B; and restructuring charges of $(0.2)-$0.0B. The estimates are preliminary and do not cover all factors affecting results.

Investor Takeaways

  • Watch for ExxonMobil’s 4Q25 results on 1/30/2026; the reported outcome will also reflect factors excluded from these estimates.

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