Citable filing context
XOM's research view summarizes recent SEC filing context, starting with restructuring from Jul 1, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 1, 2026 | restructuring | ExxonMobil completed its redomiciliation reorganization, replacing the New Jersey corporation with a Texas holding company. |
| May 29, 2026 | other | Exxon Mobil shareholders elected the board and approved Texas redomiciliation at the May 27, 2026 Annual Meeting. |
| May 4, 2026 | management_change | Exxon Mobil reported management changes and compensatory arrangements for certain officers. |
| May 1, 2026 | Guidance: cash_capital_expenditures | 27.00 to 29.00 |
| May 1, 2026 | Guidance: share_repurchases | 20.00 to not reported |
| May 1, 2026 | Guidance: structural_cost_savings | 20.00 to not reported |
| Aug 3, 2026 | mda_quarterly | ExxonMobil reported second-quarter 2026 earnings of $14.5 billion, a significant increase from $7.1 billion in the prior-year period, driven by higher commodity prices, robust refining margins, and structural cost savings. The company’s performance was bolstered by advantaged volume growth in the Permian Basin and Guyana, though these gains were partially offset by Middle East supply disruptions, which negatively impacted Upstream and Specialty Products earnings by $1.06 billion and $110 million, respectively. Energy Products benefited from strong refining margins and favorable derivative mark-to-market impacts, despite scheduled maintenance and impairment charges. Chemical Products saw improved margins, particularly from North American ethane feed advantages. The company continues to prioritize capital allocation toward high-return projects, with cash capital expenditures of $6.8 billion in the second quarter. ExxonMobil maintains a strong liquidity position, with $10.6 billion in cash and significant undrawn credit lines. The company remains committed to shareholder returns, distributing $8.6 billion in dividends and repurchasing $10.0 billion of common stock during the first half of 2026. Management continues to focus on structural cost reductions, achieving $16.3 billion in cumulative savings relative to 2019 levels, while navigating geopolitical volatility and evolving global energy policy. |
| May 4, 2026 | mda_quarterly | Exxon Mobil Corporation repurchased 33,653,794 shares of its common stock during the first quarter of 2026, at an average price of $144.65 per share. These repurchases were part of a publicly announced program, originally initiated in 2022, with purchases primarily made under Rules 10b-18 and 10b5-1. The company's 2025 Corporate Plan Update, released in December 2025, projected total share repurchases of $20 billion for the full year 2026, assuming reasonable market conditions. As of March 31, 2026, approximately $15.1 billion remained available for repurchases under this program. The reported share count includes shares withheld from incentive programs for personal income taxes, and the average price excludes the 1% U.S. excise tax on stock repurchases. No unregistered equity securities were issued or sold by Exxon Mobil during the first quarter of 2026. |
Source: SEC EDGAR filing text and events; period Jul 1, 2026; filed Jul 1, 2026.
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