ExxonMobil expects 2026 cash capex of $27 billion-$29 billion
XOM•ExxonMobil expects 2026 cash capital spending of $27 billion-$29 billion, after spending $20 billion through September. It plans $20 billion in share repurchases in 2027 and targets roughly $25 billion in earnings growth and $35 billion in cash flow growth by 2030, from 2024.
1. Spending and targets
ExxonMobil expects 2026 cash capital spending of $27 billion-$29 billion, compared with $20 billion spent through September. Fourth-quarter corporate and financing expenses are projected at $500 million-$700 million, and Product Solutions scheduled maintenance is expected to rise from the third quarter. The company plans $20 billion in share repurchases in 2027. Its 2030 plan targets roughly $25 billion in earnings growth and about $35 billion in cash flow growth from 2024, alongside roughly $20 billion in cumulative structural cost savings; savings reached $16.9 billion through September 2026.
