Business Segments · Equity Method Investments

Downstream — Equity Method Investments

Exxon Mobil Downstream — Equity Method Investments increased by 3.2% to $33.71B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from $34.00B to $33.71B. Over 5 years (FY 2020 to FY 2025), Downstream — Equity Method Investments shows relatively stable performance with a 1.9% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

Growth indicates expansion through partnerships, while decreases may signal divestment or asset impairment.

Detailed definition

This represents the carrying value of investments in downstream entities where the company exercises significant influen...

Peer comparison

Standard for integrated oil majors that utilize joint ventures to share capital intensity in refining projects.

Metric ID: xom_segment_downstream_equity_method_investments

Historical Data

9 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$31.23B$34.52B$34.08B$34.01B$34.00B$32.66B$32.68B$32.65B$33.71B
QoQ Change+10.6%-1.3%-0.2%-0.0%-4.0%+0.1%-0.1%+3.2%
YoY Change+10.6%-1.3%-0.2%-4.0%-0.9%
Range$31.23B$34.52B
CAGR+3.9%
Avg YoY Growth+0.8%
Median YoY Growth-0.9%

Frequently Asked Questions

What is Exxon Mobil's downstream — equity method investments?
Exxon Mobil (XOM) reported downstream — equity method investments of $33.71B in Q1 2026.
How has Exxon Mobil's downstream — equity method investments changed year-over-year?
Exxon Mobil's downstream — equity method investments decreased by 0.9% year-over-year, from $34.00B to $33.71B.
What is the long-term trend for Exxon Mobil's downstream — equity method investments?
Over 5 years (2020 to 2025), Exxon Mobil's downstream — equity method investments has grown at a 1.9% compound annual growth rate (CAGR), from $29.77B to $32.65B.
What does downstream — equity method investments mean?
The book value of investments in downstream businesses that the company does not fully own.