ExxonMobil (NYSE:XOM) Stock Price Up 4.2% – Time to Buy?

Posted by George Bondi on Aug 12th, 2026

ExxonMobil Corporation (NYSE:XOM – Get Free Report) shares rose 4.2% during mid-day trading on Monday . The company traded as high as $160.37 and last traded at $159.46. Approximately 17,856,449 shares changed hands during trading, a decline of 8% from the average session volume of 19,430,139 shares. The stock had previously closed at $153.04.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Rising crude prices are a key tailwind. Brent oil has recovered to roughly $89 per barrel amid renewed supply concerns and international disruptions, while ExxonMobil’s record Permian production gives it significant exposure to higher prices. Exxon Stock Jumps 3.3% as Oil Supply Fears Return
Positive Sentiment: ExxonMobil continues to return substantial cash to investors. Second-quarter results included a $1.03 dividend, approximately $9.4 billion returned through dividends and repurchases, and a multi-year $81.63 billion buyback program. The company’s earnings and cash generation also increased sharply from the prior year. Will ExxonMobil’s Q2 Profit Surge and Massive Buybacks Reshape Its Capital Allocation Narrative?
Neutral Sentiment: ExxonMobil remains viewed primarily as an income investment, with dividend comparisons placing it alongside Chevron and highlighting its role in high-dividend portfolios and ETFs. These articles may support long-term demand but do not represent new company-specific catalysts. Better Buy for Passive Income: Chevron vs. ExxonMobil
Negative Sentiment: Erste Group Bank modestly reduced its fiscal 2027 EPS forecast to $10.97 from $11.00, below the broader consensus estimate of $12.34. The small cut reinforces concerns that earnings expectations may be elevated following the recent profit surge. ExxonMobil EPS Estimate Reduction
Negative Sentiment: President Trump criticized ExxonMobil and Chevron for making “too much money” from high fuel prices. Although the remarks do not change ExxonMobil’s fundamentals, they introduce potential political and regulatory risk for the oil majors. ExxonMobil vs. Chevron: Trump Attacks the Oil Giants

Wall Street Analysts Forecast Growth

XOM has been the subject of several research analyst reports. Barclays lifted their price target on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Freedom Capital raised ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 price objective on shares of ExxonMobil in a research report on Tuesday, May 5th. Bank of America cut ExxonMobil from a “buy” rating to a “neutral” rating and boosted their target price for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. Finally, BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the stock a “neutral” rating in a research note on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and an average price target of $163.29.

View Our Latest Report on XOM

ExxonMobil Stock Up 0.1%

The company’s 50-day moving average is $146.53 and its two-hundred day moving average is $150.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The company has a market cap of $663.03 billion, a P/E ratio of 20.59, a P/E/G ratio of 0.60 and a beta of 0.17.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The business had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the previous year, the company earned $1.64 earnings per share. As a group, equities analysts predict that ExxonMobil Corporation will post 12.34 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a dividend of $1.03 per share. The ex-dividend date is Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. ExxonMobil’s payout ratio is currently 53.02%.

Institutional Investors Weigh In On ExxonMobil

Several hedge funds and other institutional investors have recently made changes to their positions in XOM. Assetmark Inc. boosted its holdings in shares of ExxonMobil by 8.3% during the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock worth $83,525,000 after purchasing an additional 37,666 shares during the last quarter. Charles Schwab Trust Co increased its position in shares of ExxonMobil by 392.9% during the 2nd quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock worth $16,710,000 after purchasing an additional 97,424 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of ExxonMobil by 2.3% during the fourth quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock valued at $126,166,000 after acquiring an additional 23,668 shares during the last quarter. Midwest Trust Co increased its holdings in ExxonMobil by 3.9% in the 1st quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after purchasing an additional 26,411 shares during the last quarter. Finally, King Luther Capital Management Corp grew its stake in shares of ExxonMobil by 2.4% in the fourth quarter. King Luther Capital Management Corp now owns 1,664,995 shares of the oil and gas company’s stock valued at $200,366,000 after buying an additional 38,492 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Company Profile

(Get Free Report)

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.