Exxon Mobil Corporation (NYSE:XOM) stock fell Friday after the company reported fourth-quarter 2025 results.
The company’s total revenues of $82.3 billion beat the consensus forecast of $81.5 billion.
ExxonMobil generated $12.7 billion in cash flow from operations and adjusted free cash flow of $5.6 billion for the quarter, ending the year with a cash balance of $10.7 billion.
The company posted adjusted EPS of $1.71 per share, topping analyst expectations of $1.67.
Cash capital expenditure stood at $8.1 billion in the quarter.
In the quarter, Upstream net production reached roughly 5.0 million oil-equivalent barrels per day, with record outputs from key assets, including 1.8 million barrels per day in the Permian and nearly 875,000 gross barrels per day in Guyana.
Segment Performance
The Upstream segment reported fourth-quarter earnings of $3.5 billion, a decrease from the previous quarter, primarily due to weak crude realizations and seasonally higher expenses.
Energy Products earnings rose 80% from the third quarter to $3.4 billion, fueled by stronger industry refining margins from higher diesel and gasoline crack …