Business Segments · Equity Method Investments

Upstream — Equity Method Investments

Exxon Mobil Upstream — 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), Upstream — 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

An increase suggests expansion into collaborative projects, while a decrease may reflect divestments or the winding down of joint venture activities.

Detailed definition

The carrying value of investments in joint ventures or partnerships within the upstream segment where the company exerci...

Peer comparison

Standard line item for companies utilizing joint ventures for international exploration and production.

Metric ID: xom_segment_upstream_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 upstream — equity method investments?
Exxon Mobil (XOM) reported upstream — equity method investments of $33.71B in Q1 2026.
How has Exxon Mobil's upstream — equity method investments changed year-over-year?
Exxon Mobil's upstream — 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 upstream — equity method investments?
Over 5 years (2020 to 2025), Exxon Mobil's upstream — equity method investments has grown at a 1.9% compound annual growth rate (CAGR), from $29.77B to $32.65B.
What does upstream — equity method investments mean?
The value of the company's ownership stakes in joint ventures and partnerships within the upstream segment.