๐น Adj. EPS: $1.77 (Est. $1.75) ๐ข
๐น Revenue: $44.82B (Est. $45.6B) ๐ด
๐น Cash Flow from Ops: $8.68B (Est. $7.45B) ๐ข
Segment Earnings
๐น Upstream: $2.73B (Est. $2.97B) ๐ด
๐น Downstream: $737M (Est. $592.3M) ๐ข
Production Highlights
๐น Total Production: 3,396 MBOE/d (Est. 3,355) ๐ข
๐น Permian Basin: Record 1M BOE/d
๐น Liquids Production: 1,218 mb/d
๐น U.S. Upstream Earnings: $1.42B; DOWN -34% YoY
๐น Intl. Upstream Earnings: $1.31B; DOWN -43% YoY
Downstream Details
๐น U.S. Downstream: $404M; UP +44% YoY
๐น Intl. Downstream: $333M; UP +5% YoY
๐น Refined Product Sales: 2.85M b/d (U.S. + Intl. combined)
๐น Higher margins, increased demand for jet fuel and gasoline
Capital Return & Dividends
๐น Shareholder Returns: $5.5B (13th straight quarter >$5B)
โโโ Dividends: $2.9B
โโโ Share Buybacks: $2.6B
๐น Dividend Declared: $1.71/share; payable Sep 10, 2025
Strategic & Operational Highlights
๐ธ Completed Hess acquisition in July
๐ธ U.S. lithium acreage deal (~125K acres in TX/AR)
๐ธ Started renewable diesel production at Geismar (22K bpd)
๐ธ New LNG contracts bring U.S. Gulf Coast capacity to 7M tonnes/year
๐ธ Won offshore blocks: 9 in Brazil, 2 in Egypt
๐ธ Simplified org structure implemented July 1
๐ธ โRecord production, exceptional cash generation, and transformational Hess acquisition position us for long-term growth.โ โ CEO Mike Wirth