Form 10-Q · Quarterly report
ExxonMobil 10-Q, filed Nov 2, 2026
- Filed
- CIK
- 0002115436
- Accession no.
- 0002115436-26-000020
Summary
ExxonMobil filed its Form 10-Q for the third quarter of 2026, reporting that global supply disruptions and reduced refining capacity kept average crude oil prices within their 2010–2019 range despite restrictions on supply through the Strait of Hormuz, while international natural gas prices and global refining margins rose above that 10-year range and chemical margins fell further below it, especially in Europe and Asia. The filing restates ExxonMobil's emission-reduction ambitions, including Scope 1 and 2 net zero from operated assets by 2050 and in Permian Basin unconventional operated assets by 2035, as forward-looking statements subject to policy, permitting, and technology factors.
Key points
- Global supply disruptions continued to affect commodity and product markets in the third quarter of 2026.
- Lower global refining capacity availability reduced demand for crude feedstock, with average crude oil prices remaining within the 2010–2019 range despite Strait of Hormuz supply restrictions.
- International natural gas prices rose above the 10-year range on limited Middle East supply, and global refining margins reached historically high levels.
- Global chemical margins declined, particularly in Europe and Asia, on higher product availability and sustained higher feed costs.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT'S DISCUSSION RESULTS OF OPERATIONS Due to rounding, numbers presented may not add up precisely to the totals indicated. FORWARD-LOOKING STATEMENTS Statements related to future events; projections; descriptions of strategic, operating, and financial plans and objectives; statements of future ambitions and plans; future earnings power; potential addressable markets; and other statements of future events or conditions are forward-looking statements. …
An excerpt of the text as filed with the SEC, cut for length.
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