Quick Read – XOM’s 43-year dividend growth streak, a $20B buyback, and an 84.5% Polymarket probability of another beat make it a compelling July 31 earnings play. – Chevron (CVX) trades at a P/E of 32 with negative free cash flow, while ConocoPhillips (COP) pays a $0.84…
arterly dividend versus XOM’s $1.03. – Strip non-cash derivative losses and underlying Q1 earnings rose from $7.58B to $8.77B, making the headline GAAP income drop misleading. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Exxon Mobil didn’t make the cut. Grab the names FREE today
Exxon Mobil (NYSE:XOM) enters its July 31 earnings report with 43 consecutive years of dividend growth and a $20 billion annual buyback program. Strong production from Guyana and the Permian, combined with higher oil prices during Q2, could give the energy giant another opportunity to extend its four-quarter earnings-beat streak. Higher Oil Prices Could Drive Another Earnings Beat ExxonMobil has beaten EPS four straight quarters.
Q1 2026 adjusted EPS came in at $1.16 versus $1.0074, a 15.15% beat, and Polymarket puts an 84.5% probability on another beat on July 31. Golden Pass LNG Train 1 loaded its first cargo in April 2026, Guyana output crossed 900,000 gross barrels per day, and the Permian hit a record 1.8M boed in Q4 2025. WTI traded between $80 and $114 during Q2, providing a strong upstream backdrop.