ExxonMobil returned $9.4 billion to shareholders in the second quarter of 2026, including $4.3 billion in dividends and $5.1 billion in share repurchases, while still directing substantial capital toward growth. The company generated $23.6 billion in cash flow from operations and $17.2 billion in free cash flow in the quarter, and declared a dividend of $1.03 per share for the third quarter of 2026. Cash capital expenditures totaled $13 billion during the first half of 2026 for advantaged assets and high-value products, and ExxonMobil remains on track with its 2030 plan targeting roughly $25 billion of earnings growth and $35 billion of cash flow growth from 2024 levels at constant prices and margins. In Guyana, the fifth floating production storage and offloading vessel remains on track to start operations in the fourth quarter of 2026 and is expected to add 250,000 barrels per day of production capacity. Net debt declined by more than $7 billion during the second quarter and net debt-to-capital improved to 11%.
ConocoPhillips
Chevron CorpExxon Mobil CorpExxonMobil returned $9.4B to shareholders via dividends and buybacks while generating $17.2B free cash flow and cutting net debt.
