ExxonMobil (NYSE:XOM) Trading 1.9% Higher – Here’s What Happened

Shares of ExxonMobil Corporation (NYSE:XOM) traded up 1.9% on Thursday . The company traded as high as $152.78 and last traded at $151.7970. 15,155,826 shares were traded during trading, a decline of 33% from the average session volume of 22,545,336 shares. The stock had previously closed at $149.01.

ExxonMobil News Summary

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• Negative Sentiment: Golden Pass LNG offer withdrawn: Exxon pulled offers to sell two initial LNG cargoes from the Golden Pass export plant, a move that could signal marketing/startup timing issues and adds a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 Analyst Weigh In

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Bank of America lifted their price objective on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Piper Sandler lowered their price objective on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Jefferies Financial Group lifted their price objective on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Finally, TD Cowen lowered their price objective on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. One investment 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 stock. According to data from MarketBeat, ExxonMobil presently has a consensus rating of “Moderate Buy” and an average price target of $161.15.

ExxonMobil Trading Down 3.6%

The stock has a market cap of $608.95 billion, a PE ratio of 21.90, a PEG ratio of 0.87 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The stock has a fifty day moving average price of $154.99 and a 200 day moving average price of $132.59.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.67 EPS. Equities analysts expect that ExxonMobil Corporation will post 7.43 EPS for the current year.

ExxonMobil Dividend Announcement

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

Insider Transactions at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by insiders.

Hedge Funds Weigh In On ExxonMobil

Large investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in shares of ExxonMobil by 2.0% in 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 buying an additional 1,457,560 shares during the period. Norges Bank purchased a new stake in shares of ExxonMobil in the 4th quarter worth $7,625,063,000. Bank of New York Mellon Corp lifted its holdings in shares of ExxonMobil by 1.2% in 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 buying an additional 531,362 shares during the period. Northern Trust Corp lifted its holdings in shares of ExxonMobil by 1.0% in 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 buying an additional 445,283 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of ExxonMobil by 7.4% in 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 buying an additional 2,660,910 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Company Profile

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.