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Stock impact report

Energy giant sends blunt $20 billion message on dividend growth [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
The Texas-based oil giant wrapped up $20 billion in share repurchases last year while crude posted its steepest annual drop since the pandemic. That aggressive buyback program retired shares equivalent to roughly a third of those issued in the Pioneer Natural Resources acquisition. It's a move that signals confidence few rivals can match right now. Exxon ( XOM ) CEO Darren Woods made that clear during the company's fourth-quarter earnings call , where Exxon reported adjusted earnings of $1.71 per share, topping Wall Street 's $1.68 estimate Revenue came in at $82.31 billion , edging past the $81.43 billion analysts expected, according to LSEG data. Net income landed at $6.5 billion , down from $7.61 billion in the same quarter last year. But the beat came despite oil logging its worst annual performance in years, underscoring the structural improvements ExxonMobil has made over the past half-decade. Exxon reached a production milestone not seen in decades. Fourth-quarte Show less Read more
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