February 12, 2026–Written by John Egan for IIR News Intelligence (Sugar Land, Texas)–As a group, fourth-quarter 2025 earnings according to generally accepted accounting principles (GAAP) for four of the world’s top oil companies totaled about $14.9 billion, up about $2 billion over fourth-quarter profits in 2024 and 2023 earnings. But full-year profits fell to $66.1 billion, down sharply from full-year 2024 and 2023 results.
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Quarterly Profits Down for Two Large U.S. Oil Companies, Up for Two U.K.-based Firms
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