UPDATE 1-Exxon 2025 profit in Guyana totaled $4.67 billion

Chevron Corporation
Exxon Mobil Corporation

Chevron Corporation

CVX

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Exxon Mobil Corporation

XOM

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Adds background on Brent oil price

By Kemol King

GEORGETOWN, June 9 (Reuters) - U.S. oil major Exxon Mobil XOM.N on Tuesday reported $4.67 billion in profit from its Guyana operations in 2025, slightly lower than the previous year when oil prices were weaker.

Exxon leads the consortium that produces all of Guyana's oil output and currently produces more than 900,000 barrels per day from the country.

Hess, a minority partner in the consortium and now owned by Chevron CVX.N, earned $2.89 billion in 2025 according to its financial statement, down from $3.15 billion in 2024.

Benchmark Brent oil prices averaged $68.19 per barrel last year, about 15% lower than in 2024.

The U.S.-Israeli war on Iran that began in February has since caused Brent futures to rise to the $90 range.


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