ExxonMobil Holdings lists $4.4 billion margin impact in third-quarter earnings factors

ExxonMobil Holdings Corporation (XOM) said Friday in a regulatory filing that market and planned factors are expected to affect its third-quarter 2026 results compared with the second quarter.

The disclosure is furnished under Regulation FD and lists selected estimates rather than a full earnings forecast.

The company estimated a $4.4 billion change in margins for petroleum products, specialty products and chemicals at prior-period volumes. It estimated a $1.3 billion impact from changes in liquids prices and a $0.3 billion effect from gas prices.

Other estimated factors include a $0.2 billion increase from scheduled maintenance, a $0.6 billion external impact on operations and a $0.3 billion day effect from more days in the third quarter. Changes in other factors, such as entitlements, sales timing and tax impacts, are estimated at $0.9 billion.

The filing's memo items show a $2.5 billion negative estimated timing effect, which the company said is expected to unwind in subsequent periods. Third-quarter adjusting items also include $0.7 billion from divestments.

For the second quarter, the filing shows U.S. GAAP earnings of $14.5 billion and adjusted earnings of $14.7 billion. It estimates about 4,140 million weighted-average common shares outstanding, assuming dilution.

The filing says the figures are not an estimate of third-quarter 2026 earnings and should not be relied upon as one. It excludes performance factors such as operating performance and unscheduled downtime.

The company intends to publish full third-quarter results on its website and in an 8-K at about 5:30 a.m. CT on Oct. 30.