A look at ExxonMobil's most recent quarterly report, from 3Q 2023, showed a combination of revenues and earnings below expectations – but rising cash flows. At the top line, XOM reported revenues of $90.76 billion, down 19% year-over-year and $1.81 billion under the estimates. The oil giant's bottom line came to $2.27 per share by non-GAAP measures, down 49% y/y and 9 cents per share lower than the forecast. The company's cash flow, however, was seen as strong.