Exxon Mobil Reports 4Q:24 Earnings of $7.6bn [PDF Download]

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Exxon Mobil Corporation announced fourth-quarter 2024 earnings of $7.6bn, or $1.72 per share assuming dilution. Cash flow from operating activities was $12.2bn and free cash flow (FCF) was $8bn. 

Capital and exploration expenditures, and cash capital expenditures were both $7.5bn in the 4Q:24, bringing the full-year expenditures to $27.6bn and $25.6 bn, respectively, Exxon announced 31 Jan. 2025 in its 4Q:24 financial press release. Both results were in line with full-year guidance. For full-year 2024, Exxon reported earnings of $33.7bn, or $7.84 per share assuming dilution.

“Our transformed company delivered unmatched value in 2024,” Exxon chairman and CEO Darren Woods said in the statement. 

“The proof is in our performance. Operationally, we delivered strong results on safety, reliability, and emissions. Financially, we delivered some of our highest earnings and operating cash flow in a decade. We earned returns higher than our peers3 and well above our cost of capital, and we distributed more cash to shareholders than all but five companies in the entire S&P 5001,” Woods said.

“As we look ahead, we’ve built a long runway of value creation. We’re confident we’ll deliver on the plans we laid out to generate significantly more earnings and cash – not only to 2030, but well beyond. Our unique investment opportunities give us profitable growth well into the future, which underpins our financial strength and ability to return significant cash to shareholders,” Woods said.

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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved. 

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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