Crude oil and product purchases
Exxon Mobil Crude oil and product purchases increased by 17.2% to $51.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $46.79B to $51.80B. Over 4 years (FY 2021 to FY 2025), Crude oil and product purchases shows an upward trend with a 4.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase often reflects rising global commodity prices or a strategic decision to source externally rather than produce internally.
Detailed definition
This metric represents the direct costs incurred to acquire crude oil and refined products from third parties for resale...
Peer comparison
Common among integrated oil and gas companies; peers with higher refining capacity relative to upstream production typically show higher values here.
crude_oil_and_product_purchasesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $37.33B | $39.75B | $45.49B | $52.39B | $65.61B | $60.20B | $50.76B | $46.00B | $47.60B | $53.08B | $46.35B | $47.60B | $54.20B | $51.26B | $46.39B | $46.79B | $45.33B | $47.93B | $44.21B | $51.80B |
| QoQ Change | — | +6.5% | +14.5% | +15.2% | +25.2% | -8.3% | -15.7% | -9.4% | +3.5% | +11.5% | -12.7% | +2.7% | +13.9% | -5.4% | -9.5% | +0.9% | -3.1% | +5.7% | -7.8% | +17.2% |
| YoY Change | — | — | — | — | +75.8% | +51.5% | +11.6% | -12.2% | -27.5% | -11.8% | -8.7% | +3.5% | +13.9% | -3.4% | +0.1% | -1.7% | -16.4% | -6.5% | -4.7% | +10.7% |
Geographic Breakdown
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Non-U.S. | $43.40B | $40.79B | $43.27B | $41.78B | $48.48B |
| Total | $46.79B | $45.33B | $47.93B | $44.21B | $51.80B |
Crude oil and product purchases at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's crude oil and product purchases?
- Exxon Mobil (XOM) reported crude oil and product purchases of $51.80B in Q1 2026.
- How has Exxon Mobil's crude oil and product purchases changed year-over-year?
- Exxon Mobil's crude oil and product purchases increased by 10.7% year-over-year, from $46.79B to $51.80B.
- What is the long-term trend for Exxon Mobil's crude oil and product purchases?
- Over 4 years (2021 to 2025), Exxon Mobil's crude oil and product purchases has grown at a 4.4% compound annual growth rate (CAGR), from $155.16B to $184.25B.
- What does crude oil and product purchases mean?
- The cost of buying oil and refined products from external sources to support operations.