BAKU, Azerbaijan, May 3. ExxonMobil posted first-quarter 2025 earnings of $7.7 billion, or $1.76 per diluted share, as the company navigated a challenging market environment marked by weaker crude prices and a steep decline in industry refining margins, Trend reports.
The earnings were down slightly from $8.2 billion in the same period last year. However, strong production growth from key assets in the Permian Basin and Guyana, along with structural cost savings and favorable timing effects, helped offset much of the downward pressure.
Cash flow from operating activities totaled $13.0 billion, while free cash flow came in at $8.8 billion. ExxonMobil returned $9.1 billion to shareholders through $4.3 billion in dividends and $4.8 billion in share repurchases - consistent with its capital return strategy.
“In this uncertain market, our shareholders can be confident in knowing that we’re built for this,” said Chairman and CEO Darren Woods. “The work we've done to transform our company over the past eight years positions us to excel in any environment.”
Woods noted the launch of 10 new advantaged projects in 2025, expected to generate over $3 billion in annual earnings by 2026 under current market conditions, reinforcing Exxon’s long-term growth trajectory through 2030 and beyond.
