Energy Products (refining and fuels)
Q2 2026 U.S. GAAP earnings USD 5,465 million on sales of 5.7 million barrels per day, with record diesel output.
The numbers
What it is
Refining crude into gasoline, diesel, jet fuel and other products, and selling them through a global network. The company cites strong Gulf Coast refinery utilization and record Q2 2026 diesel production.
Why it matters to the stock. Refining margins swing quarter to quarter and are the main offset to upstream price moves. Trader focus is on sales volumes and fuel margins.
News
ExxonMobil flags Middle East hit: Q1 output down about 6% from Q4
In an April 8 SEC filing, ExxonMobil said Middle East disruptions would lower its global oil-equivalent production by about 6% in the first quarter compared with the fourth quarter of 2025.
Guidance