Exxon Mobil Earnings Expected to Rise Amid Volatility

Wall Street forecasts single-digit EPS growth for the oil and gas giant in Q1 2026.

Apr. 10, 2026 at 1:27pm

An extreme close-up of industrial oil refinery equipment and machinery, dramatically lit against a dark background, conceptually representing Exxon Mobil's financial security and operational strength.Exxon Mobil's diversified operations, including refining and chemicals, help the energy giant weather market volatility.Spring Today

Exxon Mobil Corporation, the Spring, Texas-based energy giant valued at $646 billion, is set to announce its first-quarter 2026 earnings soon. Analysts expect the company's earnings per share (EPS) to increase by 2.3% year-over-year to $1.80 on a diluted basis, continuing a trend of exceeding Wall Street's estimates in recent quarters. For the full fiscal year 2026, Exxon Mobil's EPS is projected to rise 24.9% to $8.73, with further growth of 5.5% expected in 2027 to $9.21.

Why it matters

Exxon Mobil is a bellwether for the energy sector, and its earnings report will be closely watched by investors amid ongoing volatility in global oil markets. The company's diversified operations, including upstream production, refining, chemicals, and LNG, have helped it weather price fluctuations and maintain strong financials.

The details

Exxon Mobil operates through four main business segments: Upstream, Energy Products, Chemical Products, and Specialty Products. In its most recent Q4 2025 earnings, the company reported production of 4.7 million oil-equivalent barrels per day, the highest level in more than 40 years, demonstrating its operational excellence. The company's stock has surged 54.7% over the past 52 weeks, outperforming the broader S&P 500 Index and the State Street Energy Select Sector SPDR ETF.

  • Exxon Mobil is expected to release its Q1 2026 earnings soon.
  • For fiscal 2026, analysts project the company's EPS to be $8.73, up 24.9% from $6.99 in fiscal 2025.
  • In fiscal 2027, Exxon Mobil's EPS is expected to rise by roughly 5.5% year over year to $9.21.

The players

Exxon Mobil Corporation

A multinational oil and gas company headquartered in Spring, Texas, with a market capitalization of $646 billion. The company operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments.

President Trump

The former President of the United States, who recently announced a two-week ceasefire and a 10-point proposal for Iran, leading to uncertainty in oil prices.

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What’s next

Investors will be closely monitoring Exxon Mobil's earnings report for any insights into the company's performance and outlook, as well as potential impacts from the ongoing volatility in global oil markets.

The takeaway

Exxon Mobil's upcoming earnings report will be a key indicator of the energy sector's health, as the company's diversified operations and strong financials have helped it navigate market fluctuations. Investors will be looking for signs of continued growth and resilience in the face of geopolitical uncertainties.