ExxonMobil (NYSE:XOM) Shares Down 1.1% – Should You Sell?

ExxonMobil Corporation (NYSE:XOM) was down 1.1% during trading on Friday . The stock traded as low as $146.95 and last traded at $148.8950. Approximately 13,652,197 shares traded hands during trading, a decline of 38% from the average daily volume of 22,142,936 shares. The stock had previously closed at $150.53.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Zacks Research upgraded XOM from “hold” to “strong-buy,” a near-term catalyst that can attract income and value-focused buyers. Zacks upgrade
• Positive Sentiment: Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal — a milestone that supports long‑term gas export volumes and monetization of U.S. LNG capacity. Exxon, QatarEnergy ship first LNG cargo from Golden Pass export terminal
• Positive Sentiment: XOM awarded Saipem a $150M contract for Guyana’s Longtail development, advancing project execution and signaling ongoing upstream growth in a high-return basin. ExxonMobil Awards Saipem $150M Contract for Longtail Development
• Positive Sentiment: Analyst commentary highlights stronger production, Guyana gains and low‑carbon investments as supporting XOM’s longer-term upside despite the stock’s 2026 rally. Top Analyst Reports for Exxon Mobil, IBM & Citigroup
• Positive Sentiment: Exxon is increasing plastics prices amid supply shocks — a margin‑supporting action for its chemicals business if sustained. This Is Why Exxon Mobil Corporation (XOM) Is Hiking Plastics Prices
• Neutral Sentiment: Management is reportedly exploring a sale of the Esso retail network in Hong Kong as part of portfolio streamlining — could free capital but is not an immediate earnings driver. Exxon Mobil Weighs Hong Kong Esso Sale And Refocuses Capital Priorities
• Negative Sentiment: Zacks and other analysts expect a decline in upcoming quarterly earnings; lacking the two key ingredients for an earnings beat increases downside risk around the report. Analysts Estimate Exxon Mobil (XOM) to Report a Decline in Earnings
• Negative Sentiment: Market action shows a month‑long cooldown with intra‑day slides for Exxon and Chevron, suggesting profit‑taking after big YTD gains is pressuring the stock today. Exxon and Chevron Up 20%+ YTD – Why the Long Oil Trade Is Stalling Out

Wall Street Analyst Weigh In

A number of analysts recently issued reports on XOM shares. Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Bank of America raised their price objective on ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. TD Cowen cut their price objective on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Royal Bank Of Canada raised their price objective on ExxonMobil from $160.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $161.55.

ExxonMobil Stock Performance

The company has a market capitalization of $618.89 billion, a price-to-earnings ratio of 22.26, a P/E/G ratio of 0.76 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 firm has a 50-day simple moving average of $154.74 and a two-hundred day simple moving average of $133.61.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.ExxonMobil’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.67 EPS. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 9.94 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. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s payout ratio is currently 61.58%.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 in the last three months. 0.03% of the stock is owned by insiders.

Institutional Investors Weigh In On ExxonMobil

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XOM. Norges Bank purchased a new stake in ExxonMobil in the fourth quarter valued at approximately $7,625,063,000. Franklin Resources Inc. lifted its stake in ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in ExxonMobil by 218.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock valued at $155,696,000 after buying an additional 2,546,791 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in ExxonMobil by 18.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock valued at $1,925,119,000 after buying an additional 2,465,410 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in ExxonMobil by 334.4% in the fourth quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock valued at $368,541,000 after buying an additional 2,357,467 shares during the last quarter. Hedge funds and other 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.