ExxonMobil (XOM) Q1 Earnings: $2.8B Segment Earnings, 200K b/d Output

ExxonMobil (XOM) reported adjusted earnings per share increases compared to Q4 2025, with the Energy Products segment earning approximately $2.8 billion. In March, the company's refinery throughput rose by about 200,000 barrels per day, attributed to increased production in the Permian and record output in Guyana. Management noted that while operational performance remained strong amid Middle East supply disruptions, the full impact of these disruptions has yet to be reflected in prices. Current conditions may lead to potential price increases if supply routes remain affected and repairs to LNG facilities take 3-5 years.