Exxon 2025 Q4 Earnings Dip to $6.5B on Weaker Crude Prices

SECAUCUS, NJ (DTN) – ExxonMobil reported on Friday (01/30) a lower fourth-quarter net profit of $6.5 billion due to weaker crude oil prices, although record-breaking production volumes in Guyana and the Permian Basin helped offset the softer market.

The latest quarterly result represents a decrease from the $7.55 billion reported in the third quarter and the $7.63 billion earned during the same period in 2024. For the full year of 2025, the oil major recorded total earnings of $28.8 billion, down from the $33.7 billion achieved during the previous year.

Chairman and CEO Darren Woods stated that the company was fundamentally stronger, “capturing more value from every barrel and molecule we produce” through a long runway of growth. Annual upstream production reached 4.7 million bpd, marking the highest output level for the company in more than 40 years.

Production in the Permian Basin hit a record 1.6 million bpd, while output in Guyana surpassed 700,000 barrels per day to set another annual high.