Exxon Mobil’s Q2 earnings fell 23% to $7.1 billion, beating Wall Street estimates. Earnings per share were $1.64 vs. $1.54 expected, with revenue of $81.5 billion vs. $80.77 billion expected. The company pumped 4.6 million barrels per day, the highest since Exxon and Mobil merged over 25 years ago, with Permian Basin production hitting a record 1.6 million bpd. Check back for updates.

Read more at CNBC: Exxon (XOM) Earnings Q2 2025