$XOM (-2.9%)

🔹 Adj. EPS: $1.64 (Est. $1.56) 🟢

🔹 Revenue: $81.51B (Est. $80.39B) 🟢

Production & Operational Metrics

🔹 Total Production: 4.63M BOE/d (Est. 4.51M) 🟢; Highest Q2 since Exxon-Mobil merger

🔹 Permian: Record 1.6M BOE/d

🔹 Refinery Throughput: 3.94M b/d (Est. 3.88M) 🟢

🔹 Energy Product Sales: 5.59M b/d

🔹 Chemical Sales: 5.26M tonnes

🔹 Specialty Product Sales: 2.00M tonnes

Segment Highlights

Upstream

🔹 Earnings: $5.4B; DOWN QoQ

🔹 Record Q2 production; growth from Permian & Guyana

🔹 Lower realizations offset by higher volumes and cost savings

Energy Products

🔹 Earnings: $1.37B; UP +65% QoQ

🔹 Refining margins improved on seasonal demand

🔹 Strathcona Renewable Diesel (20K bpd) & Fawley Hydrofiner ramping

Chemical Products

🔹 Earnings: $293M; Flat QoQ

🔹 Volumes up from China Complex ramp-up; margins soft

Specialty Products

🔹 Earnings: $780M; UP +19% QoQ

🔹 Record high-value product volumes

🔹 Singapore Resid Upgrade project in start-up phase

Other Key Q2 Metrics:

🔹 Net Income: $7.08B; DOWN -36% YoY

🔹 Cash Flow from Ops: $11.5B

🔹 Free Cash Flow: $5.4B

🔹 Capex: $6.3B

🔹 On pace for $20B buybacks in 2025

🔹 Q3 Dividend Declared: $0.99/share (Payable Sep 10, 2025)

🔹 Net Debt Ratio: 8%; Debt-to-Capital: 13%

Strategic & Efficiency Updates

🔸 Started 6 of 10 major projects YTD

🔸 $13.5B structural cost savings since 2019 (leading among IOCs)

🔸 FY25 Capex forecast: $27B–$29B (unchanged)

🔸 Repurchased ~40% of shares issued for Pioneer acquisition

🔸 “We’re delivering industry-leading results and building long-term earnings power. Our cost structure, scale, and advantaged portfolio continue to differentiate us.” – CEO Darren Woods

New weekly update with another purchases.

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$VZ (-0.79%)
$KPN (+1.74%)
$T (+0.31%)
$VOD (+0.05%)
$SHEL (-1.33%)
$TTE (-2.31%)
$BP. (-2.13%)
$CVX (-1.71%)
$XOM (-2.9%)
$ENB (-0.08%)

https://youtu.be/Ub_XXI7n6RE?si=UaFKwwWPhRhDXHdA

Today I invested in $SHEL (-1.33%) .

Bought 8 shares at an average price of €29,95 per share including transaction costs.

In total I now own 141 shares, this gives me +- €180 per year in dividend.

#dividend
#dividends
#dividende
#invest
#investing
#etf
#etfs

$CVX (-1.71%)
$XOM (-2.9%)
$BP. (-2.13%)
$SHEL (-1.33%)
$TTE (-2.31%)
$ENB (-0.08%)

New Weekly & Monthly Update with Purchase.

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#dividends
#dividende
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#etf
#etfs

$SHEL (-1.33%)
$JEGP (-1.21%)
$JEPI
$JEPQ
$XOM (-2.9%)
$CVX (-1.71%)
$BP. (-2.13%)
$TTE (-2.31%)
$ENB (-0.08%)

https://youtu.be/b3pyckyzArI?si=rmxGx7acUhyZfDlw

Today I invested in $SHEL (-1.33%) .

Bought 8 shares at an average price of €30,05 per share including transaction costs.

In total I now own 133 shares, this gives me +- €170 per year in dividend.

$SHEL (-1.33%)
$BP. (-2.13%)
$TTE (-2.31%)
$CVX (-1.71%)
$XOM (-2.9%)

#dividend
#dividends
#dividende
#invest
#investing
#etf
#etfs

Impact of Iran Closing the Strait of Hormuz on Global Markets

The Strait of Hormuz is one of the most important oil transit routes in the world. About 20% of global oil supply passes through this narrow waterway. If Iran decides to close it, oil prices could skyrocket above $200 per barrel, according to Macquarie Commodities Strategy Head Marcus Garvey. While this is not the expected scenario, even a temporary disruption could cause major economic consequences.

Who Benefits?

Companies involved in oil production and energy supply would likely see higher profits due to rising oil prices. Some stocks that could benefit include:

• Exxon Mobil (XOM) and Chevron (CVX) in the U.S.
• Shell (SHEL) and BP (BP) in Europe
• Oilfield service providers like Schlumberger (SLB) and Halliburton (HAL), which support drilling operations

Who Suffers?

Industries that rely on oil for production and transportation would struggle with higher costs. Some of the most affected sectors include:

• Airlines (Delta Air Lines, United Airlines, Lufthansa)
• Automakers (Volkswagen, Ford, Tesla)
• Shipping companies (Maersk, FedEx, UPS)
• Chemical producers (BASF, Dow Inc.)

Likelihood of Closure

Iran has threatened to close the Strait of Hormuz multiple times, but it has never fully blocked it. The last major disruption occurred during the Iran-Iraq War (1980-1988), when both sides attacked oil tankers. More recently, in 2019, ships were attacked near the strait, raising concerns about security. Experts believe a full closure is unlikely, as it would also hurt Iran’s economy and provoke military retaliation.

Conclusion

If Iran closes the Strait of Hormuz, oil prices would surge, benefiting energy companies while hurting industries dependent on oil. However, history suggests that a full blockade is not likely, though tensions in the region remain high. Investors should watch oil markets closely as geopolitical risks evolve.

$XOM (-2.9%)
$CVX (-1.71%)
$SHEL (-1.33%)
$BP. (-2.13%)
$LHA (-2.69%)
$VOW (-2.58%)
$MAERSK A (-2.39%)
$TSLA (-2.9%)