Exxon Mobil (NYSE: XOM) sells $169M floating-rate notes due 2076
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Exxon Mobil Corporation entered into an underwriting agreement with RBC Capital Markets, J.P. Morgan Securities and UBS Securities for the issuance and sale of $169,312,000 aggregate principal amount of its Floating Rate Notes due 2076.
The notes are issued under an existing indenture with Deutsche Bank Trust Company Americas, originally dated March 20, 2014 and later supplemented on June 26, 2020, and are offered under Exxon Mobil’s shelf Registration Statement on Form S-3 filed on February 18, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Floating Rate Notes amount: $169,312,000 aggregate principal amount
Indenture date: March 20, 2014
First supplemental indenture date: June 26, 2020
+1 more
4 metrics
Floating Rate Notes amount
$169,312,000 aggregate principal amount
Floating Rate Notes due 2076 issuance
Indenture date
March 20, 2014
Base indenture with Deutsche Bank Trust Company Americas
First supplemental indenture date
June 26, 2020
First supplement to base indenture
Registration Statement filing date
February 18, 2026
Form S-3, Registration No. 333-293558
Key Terms
Underwriting Agreement, Floating Rate Notes, Indenture, Registration Statement on Form S-3, +1 more
5 terms
Underwriting Agreement financial
"entered into an underwriting agreement (the “Underwriting Agreement”) with RBC Capital Markets"
An underwriting agreement is a contract where a company selling new stocks or bonds hires financial firms to buy those securities and resell them to investors. It matters because the agreement sets the offering price, number of securities, fees and which party bears the risk if sales fall short—think of it as a promise that the sale will happen and a roadmap investors can use to understand how the new securities reach the market.
Floating Rate Notes financial
"for the issuance and sale by the Company of ... Floating Rate Notes due 2076"
Floating rate notes are debt securities that pay interest that adjusts periodically based on a short-term interest benchmark (for example, LIBOR or SOFR), so the cash interest you receive goes up or down with market rates. For investors they act like an adjustable-rate loan: they help protect income when overall interest rates rise and generally lose less value than fixed-rate bonds when rates move, making them useful for managing interest-rate risk.
Indenture regulatory
"The Notes were issued pursuant to an indenture entered into by the Company on March 20, 2014"
An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.
Registration Statement on Form S-3 regulatory
"The Notes were offered pursuant to the Company’s Registration Statement on Form S-3 filed"
A registration statement on Form S‑3 is a short, standardized filing a qualified public company uses to register new securities with regulators so they can be sold to investors; think of it as a pre-approved, reusable permission slip that speeds up future offerings. It matters to investors because it lets the company raise money more quickly and cheaply — which can fund growth or pay debt — but may also lead to share dilution or change in ownership, so it affects value and liquidity.
Officer’s Certificate regulatory
"as further supplemented by an officer’s certificate dated March 30, 2026"
FAQ
What type of securities is Exxon Mobil (XOM) issuing in this filing?
Exxon Mobil is issuing Floating Rate Notes due 2076 with an aggregate principal amount of $169,312,000. These are long-term debt securities whose interest payments adjust periodically based on a reference rate.
How large is Exxon Mobil’s new note offering mentioned in the 8-K?
Exxon Mobil’s new offering totals $169,312,000 in aggregate principal amount of Floating Rate Notes due 2076. This represents a financing transaction through the debt markets under its existing shelf registration.
Which banks are underwriting Exxon Mobil’s $169,312,000 notes?
The underwriting agreement is with RBC Capital Markets, LLC, J.P. Morgan Securities LLC and UBS Securities LLC, acting as managers for the several underwriters. They arrange the sale and distribution of the Floating Rate Notes to investors.
Under what legal framework are Exxon Mobil’s 2076 notes issued?
The notes are issued under an indenture dated March 20, 2014 with Deutsche Bank Trust Company Americas as trustee, as supplemented on June 26, 2020, and further detailed in an officer’s certificate dated March 30, 2026.
Which SEC registration statement covers Exxon Mobil’s new notes?
The Floating Rate Notes due 2076 are offered under Exxon Mobil’s Registration Statement on Form S-3 filed on February 18, 2026, identified as Registration No. 333-293558. This shelf registration allows the company to issue various securities efficiently.
Filing Exhibits & Attachments
8 documentsOther Documents
- EX-1.1 EX-1.1 75.9 KB
- EX-4.3 EX-4.3 165.5 KB
- EX-5.1 EX-5.1 10.4 KB
- EX-5.2 EX-5.2 8.2 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.5 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 13.8 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 23.3 KB
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 14.8 KB