Exxon Research and Development Expenses 2012-2026 | XOM
Exxon annual/quarterly research and development expenses history and growth rate from 2012 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Exxon research and development expenses for the quarter ending March 31, 2026 were $126M, a 96.88% increase year-over-year.
- Exxon research and development expenses for the twelve months ending March 31, 2026 were $1.069B, a 44.07% increase year-over-year.
- Exxon annual research and development expenses for 2025 were $1.007B, a 21.91% increase from 2024.
- Exxon annual research and development expenses for 2024 were $0.826B, a 9.99% increase from 2023.
- Exxon annual research and development expenses for 2023 were $0.751B, a 26.73% decline from 2022.
|
Exxon Annual Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2025 | $1,007 |
| 2024 | $826 |
| 2023 | $751 |
| 2022 | $1,025 |
| 2021 | $1,054 |
| 2020 | $1,285 |
| 2019 | $1,269 |
| 2018 | $1,466 |
| 2017 | $1,790 |
| 2016 | $1,467 |
| 2015 | $1,523 |
| 2014 | $1,669 |
| 2013 | $1,976 |
| 2012 | $1,840 |
| 2011 | $2,081 |
|
Exxon Quarterly Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2026-03-31 | $126 |
| 2025-12-31 | $543 |
| 2025-09-30 | $149 |
| 2025-06-30 | $251 |
| 2025-03-31 | $64 |
| 2024-12-31 | $186 |
| 2024-09-30 | $339 |
| 2024-06-30 | $153 |
| 2024-03-31 | $148 |
| 2023-12-31 | $139 |
| 2023-09-30 | $338 |
| 2023-06-30 | $133 |
| 2023-03-31 | $141 |
| 2022-12-31 | $348 |
| 2022-09-30 | $218 |
| 2022-06-30 | $286 |
| 2022-03-31 | $173 |
| 2021-12-31 | $524 |
| 2021-09-30 | $190 |
| 2021-06-30 | $176 |
| 2021-03-31 | $164 |
| 2020-12-31 | $595 |
| 2020-09-30 | $188 |
| 2020-06-30 | $214 |
| 2020-03-31 | $288 |
| 2019-12-31 | $357 |
| 2019-09-30 | $299 |
| 2019-06-30 | $333 |
| 2019-03-31 | $280 |
| 2018-12-31 | $555 |
| 2018-09-30 | $292 |
| 2018-06-30 | $332 |
| 2018-03-31 | $287 |
| 2017-12-31 | $703 |
| 2017-09-30 | $284 |
| 2017-06-30 | $514 |
| 2017-03-31 | $289 |
| 2016-12-31 | $340 |
| 2016-09-30 | $327 |
| 2016-06-30 | $445 |
| 2016-03-31 | $355 |
| 2015-12-31 | $518 |
| 2015-09-30 | $324 |
| 2015-06-30 | $370 |
| 2015-03-31 | $311 |
| 2014-12-31 | $537 |
| 2014-09-30 | $319 |
| 2014-06-30 | $496 |
| 2014-03-31 | $317 |
| 2013-12-31 | $591 |
| 2013-09-30 | $486 |
| 2013-06-30 | $454 |
| 2013-03-31 | $445 |
| 2012-12-31 | $452 |
| 2012-09-30 | $494 |
| 2012-06-30 | $372 |
| 2012-03-31 | $522 |
| 2011-12-31 | $427 |
| 2011-09-30 | $728 |
| 2011-06-30 | $592 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Oils/Energy | Oil & Gas - International Integrated | $633.917B | $332.238B |
| ExxonMobil's bellwether status in the energy space, optimal integrated capital structure that has historically produced industry-leading returns and management's track record of capex discipline across the commodity price cycle make it a relatively lower-risk energy sector play. The company owns some of the most prolific upstream assets globally. Other aspects of the company's story include the largest global refining operations, substantial chemicals assets and a dividend history and credit profile that are second to none in the space. ExxonMobil's capital spending discipline is quite aggressive. The company has a plan in place to allocate significant proportion of its budget to key oil and gas projects. The company's business perspective looks different from most peers since big oil rivals have pledged to lower carbon emissions to tackle climate change. ExxonMobil divides its operations into three main segments: Upstream, Downstream and Chemical. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Chevron (CVX) | United States | $375.645B | 25.76 |
| Shell (SHEL) | United Kingdom | $261.128B | 14.73 |
| Petroleo Brasileiro S.A.- Petrobras (PBR) | Brazil | $138.618B | 7.68 |
| BP (BP) | United Kingdom | $121.768B | 16.12 |
| Eni SpA (E) | Italy | $95.252B | 16.22 |
| Ecopetrol S.A (EC) | Colombia | $28.987B | 11.85 |
| Repsol SA (REPYY) | Spain | $27.977B | 9.31 |
| OMV AG (OMVKY) | Austria | $22.739B | 2.55 |
| YPF Sociedad Anonima (YPF) | Argentina | $16.893B | 0.00 |
| Sasol (SSL) | South Africa | $8.280B | 0.00 |
| Vista Energy, S.A.B De C.V - (VIST) | Mexico | $6.889B | 19.96 |
| Golar LNG (GLNG) | Bermuda | $5.398B | 38.89 |
| Flowco Holdings (FLOC) | United States | $2.043B | 7.50 |
| Teekay (TK) | Bermuda | $1.061B | 10.91 |
| Tamboran Resources (TBN) | Australia | $0.813B | 0.00 |
| New Fortress Energy LLC (NFE) | United States | $0.200B | 0.00 |
| Delixy Holdings (DLXY) | Singapore | $0.008B | 0.00 |