StocksMediumUpdated•Originally published 16 October 2026•Updated 16 October 2026•
1 min read
Refining Margins Boost ExxonMobil Q3 Earnings by $4.5 Billion
Key Facts
1ExxonMobil signaled that its third-quarter earnings for 2026 are expected to be lower.
Higher refining margins added $4.5 billion to ExxonMobil's third-quarter earnings for 2026. Reuters reported that this boost partially offset the impact of lower crude oil prices on the company's upstream segment results.
XOM closed at $174.68 on October 15, 2026, trading within a range of $173.6 to $178.69. On the same date, industry peers saw mixed results as CVX closed at $219.39, SHEL finished at $103.55, and BP ended the session at $48.44.