ExxonMobil Corporation (NYSE:XOM – Get Free Report) shares dropped 2% during mid-day trading on Tuesday . The stock traded as low as $147.78 and last traded at $148.7650. Approximately 17,110,913 shares traded hands during trading, a decline of 17% from the average daily volume of 20,599,885 shares. The stock had previously closed at $151.75.
Trending Headlines about ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil secured a major EPCIC contract for the Coral Norte LNG project offshore Mozambique, a deal worth more than €1 billion that expands its global LNG footprint and strengthens its long-term gas growth strategy. Exxon Mobil Coral Norte LNG Win And What It Means For Valuation
- Positive Sentiment: Broader oil-sector strength is supporting ExxonMobil, with the Energy Select Sector SPDR Fund (XLE) up sharply year to date as investors rotate into energy stocks and oil prices firm. Energy Refuses to Quit: XLE Up 29% YTD as Oil Stocks Wake Up
- Positive Sentiment: Reuters reported Exxon earned $4.67 billion from Guyana in 2025, underscoring the continued cash-generating power of its offshore portfolio even though profits were slightly lower than the prior year. Exxon 2025 profit in Guyana totaled $4.67 billion
- Neutral Sentiment: Several articles noted that investors are heavily searching ExxonMobil, but these are mostly market-interest pieces rather than new fundamental catalysts. Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Neutral Sentiment: Zacks also highlighted that XOM still trades at a premium, suggesting some investors may prefer to wait for a better entry point despite support from Permian economics and production plans. Is XOM Worth Betting on at its Premium Price or Should Investors Wait?
- Negative Sentiment: Some commentary suggests Exxon’s valuation is stretched relative to near-term expectations, which could limit upside even with solid operational fundamentals. Is XOM Worth Betting on at its Premium Price or Should Investors Wait?
Analyst Upgrades and Downgrades
XOM has been the topic of several recent research reports. TD Cowen decreased their price objective on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a report on Friday, April 10th. BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. Morgan Stanley decreased their price objective on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Barclays upped their price objective on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Finally, Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $165.55.
ExxonMobil Stock Down 2.0%
The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $153.70 and a 200-day moving average price of $141.67. The firm has a market cap of $616.62 billion, a P/E ratio of 25.09, a P/E/G ratio of 0.64 and a beta of 0.16.
ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter in the prior year, the company earned $1.76 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. On average, equities analysts forecast that ExxonMobil Corporation will post 11.66 EPS for the current fiscal year.
ExxonMobil Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s dividend payout ratio is presently 69.48%.
Insider Activity
In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.03% of the company’s stock.
Institutional Investors Weigh In On ExxonMobil
A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of ExxonMobil by 2.0% during the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock worth $9,043,836,000 after purchasing an additional 1,457,560 shares during the last quarter. Norges Bank purchased a new stake in shares of ExxonMobil during the 4th quarter worth $7,625,063,000. Bank of New York Mellon Corp lifted its stake in shares of ExxonMobil by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after purchasing an additional 531,362 shares during the last quarter. Northern Trust Corp lifted its stake in shares of ExxonMobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of ExxonMobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
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.
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