ExxonMobil (NYSE:XOM) Stock Price Down 3.6% – What’s Next?

Shares of ExxonMobil Corporation (NYSE:XOM) traded down 3.6% on Friday . The stock traded as low as $141.97 and last traded at $146.5040. 28,529,679 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 22,535,307 shares. The stock had previously closed at $151.98.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Permian growth supports long‑term cash flow: Exxon is reporting record Permian output and has a target of ~2.5 Mboe/d by 2030, which underpins future earnings and free cash flow generation. Will ExxonMobil Leverage the Permian Basin for Long-Term Growth?
• Positive Sentiment: Analysts say the company remains well positioned: coverage notes that while shares are falling with oil, Exxon’s scale, balance sheet and integrated operations leave it better placed for long‑term gains. Exxon and Chevron Stocks Are Dropping. They’re in Better Shape Than They Look.
• Neutral Sentiment: Upcoming earnings: Exxon will report Q1 results on May 1 — a scheduled event that could re‑focus investors on fundamentals and cash flow rather than short‑term oil moves. ExxonMobil to Release First Quarter 2026 Financial Results
• Neutral Sentiment: Valuation and strategic moves remain under review: recent commentary highlights Exxon’s large market cap, diversified operations and continued investments in lower‑emission projects — factors that may temper volatility over time. A Look At Exxon Mobil (XOM) Valuation
• Negative Sentiment: Oil price collapse drove sector sell‑off: easing geopolitical risk — including comments that transit was “completely open” and reports of a cease‑fire — triggered a sharp fall in crude, which hit energy stocks broadly and pressured XOM. Why Is Exxon Mobil Stock Dropping Friday? Oil Sell-Off Hits Energy Names
• Negative Sentiment: Golden Pass LNG offer withdrawn: Exxon pulled offers to sell two initial LNG cargoes from the Golden Pass export plant, a move that could signal marketing/startup timing issues and adds a near‑term selling catalyst for the stock. Exxon withdraws offer to sell two initial Golden Pass LNG cargoes, sources say
• Negative Sentiment: Market narrative shifting as Middle East tensions ebb: commentary that the Iran conflict may be winding down reduced the “risk premium” in oil, increasing volatility and prompting profit‑taking in recently strong energy names. Why ExxonMobil Stock Dropped on Friday

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. TD Cowen decreased their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a research note on Friday, April 10th. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price target on shares of ExxonMobil in a research note on Wednesday, February 4th. Morgan Stanley decreased their price target on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a research note on Friday. Piper Sandler decreased their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Bank of America increased their price target on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.15.

ExxonMobil Stock Down 3.6%

The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The firm has a market cap of $608.95 billion, a P/E ratio of 21.90, a PEG ratio of 0.87 and a beta of 0.29. The stock’s 50-day simple moving average is $154.99 and its 200 day simple moving average is $132.73.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 earnings per share. As a group, research analysts forecast that ExxonMobil Corporation will post 7.43 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, February 12th. ExxonMobil’s dividend payout ratio is 61.58%.

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ExxonMobil

Institutional investors and hedge funds have recently made changes to their positions in the stock. Berbice Capital Management LLC bought a new position in shares of ExxonMobil during the 4th quarter worth about $26,000. Midwest Capital Advisors LLC bought a new position in ExxonMobil in the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. lifted its position in ExxonMobil by 456.1% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 187 shares in the last quarter. Key Capital Management INC bought a new position in ExxonMobil in the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. bought a new position in ExxonMobil in the 4th quarter valued at about $32,000. Institutional investors own 61.80% of the company’s stock.

About ExxonMobil

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.