Exxon Mobil Corporation

Quarterly earnings


View earnings release

3Q 2021 earnings overview

•  Quarterly earnings increased by $7.4 billion versus 2020 on improved demand and strong operations
•  Cash flow from operating activities of $12.1 billion funded capital investments, debt reduction, and dividend
•  Anticipate future annual capital investments of $20 billion to $25 billion; 4X increase in low-carbon spend
•  Expect to be well within debt-to-capital target range by year end; 4Q dividend increased to $0.88 per share
•  Starting 2022, share repurchase program of up to $10 billion over 12 – 24 months
• On track to achieve 2025 emission-reduction plans by year end

For reconciliation of and other information about non-GAAP measures, please refer to the earnings release


Earnings ex. identified items


Cash flow from operating activities


Lower-carbon investments 2022 – 2027

Up to $10B

Share repurchases over 12 – 24 months starting in 2022