ExxonMobil plans $27-29 billion of 2026 capex and $20 billion of buybacks

In the same January 30 release, ExxonMobil set its 2026 cash capital expenditure plan at $27 billion to $29 billion, compared with $29.0 billion spent in 2025. The company said it plans to repurchase $20 billion of shares through 2026, assuming reasonable market conditions. It also said all 10 of its key projects had started up.

• 2026 capex planned at $27-29 billion, versus $29.0 billion in 2025
• Plan to repurchase $20 billion of shares through 2026
• First-quarter 2026 dividend $1.03 per share; dividend grown for 43 consecutive years
• All 10 of 10 key projects started up; Golden Pass LNG Train 1 reached mechanical completion