ExxonMobil Corporation (NYSE:XOM – Get Free Report) fell 3.8% during trading on Wednesday . The stock traded as low as $156.27 and last traded at $156.4440. 18,446,482 shares traded hands during trading, a decline of 13% from the average session volume of 21,291,445 shares. The stock had previously closed at $162.55.
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: WTI crude remaining above $100 is keeping ExxonMobil and other Permian producers in focus, with investors betting that elevated oil prices can support upstream profits even as basin output rises. Oil Remains Above $100: Are Permian Stocks a Smart Bet Now?
- Positive Sentiment: ExxonMobil is being highlighted as a low-beta stock, which can attract investors looking for a steadier energy name while Middle East tensions keep markets volatile. 4 Low-Beta Stocks for a Steadier Portfolio: LQDA, XOM, VLO & FANG
- Positive Sentiment: Analysts are pointing to Exxon’s LNG and power-demand strategy as a long-term growth driver, with data-center electricity needs and more export capacity potentially boosting future cash flow. Is ExxonMobil Positioned to Capitalize on Rising LNG & Power Demand?
- Positive Sentiment: Exxon’s new ultra-deepwater exploration push in Guyana is adding to investor optimism about the company’s growth pipeline in a high-profile offshore basin. Exxon Mobil’s Guyana Ultra Deepwater Push And What It Means For XOM
- Neutral Sentiment: Exxon continues to appear in articles comparing it with Chevron and other oil stocks, reinforcing that investors are still weighing XOM’s dividend, valuation, and earnings durability in a volatile oil market. ExxonMobil vs. Chevron: Better Energy Stock to Buy Now?
- Neutral Sentiment: Recent commentary also frames Exxon as a mispriced energy play versus Treasury yields and AI-related power demand, which may support sentiment but does not point to a single immediate catalyst. Ted Oakley Says Wall Street Is Chasing The AI ‘Dream’ While Ignoring ‘Mispriced’ Energy Stocks
- Negative Sentiment: Erste Group trimmed its FY2026 EPS estimate for ExxonMobil, a small but negative signal that some analysts see slightly less earnings upside ahead. Analyst estimate cut on ExxonMobil
Analyst Upgrades and Downgrades
Several research firms have recently commented on XOM. Wells Fargo & Company boosted their price objective on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a report on Tuesday, May 5th. BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the company a “neutral” rating in a report on Friday, April 17th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, ExxonMobil currently has an average rating of “Moderate Buy” and a consensus target price of $163.95.
ExxonMobil Stock Performance
The company has a market cap of $648.45 billion, a PE ratio of 26.38, a PEG ratio of 0.70 and a beta of 0.19. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $155.46 and a 200-day moving average of $138.25.
ExxonMobil (NYSE:XOM – Get Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.ExxonMobil’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.76 earnings per share. As a group, analysts anticipate that ExxonMobil Corporation will post 11.49 earnings per share for the current year.
ExxonMobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a $1.03 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.6%. ExxonMobil’s payout ratio is currently 69.48%.
Insiders Place Their Bets
In other ExxonMobil news, VP Darrin L. Talley sold 2,150 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total value of $339,313.00. Following the transaction, the vice president owned 18,204 shares of the company’s stock, valued at approximately $2,872,955.28. The trade was a 10.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Portus Wealth Advisors LLC purchased a new position in ExxonMobil in the first quarter worth $36,000. Berbice Capital Management LLC purchased a new position in ExxonMobil in the fourth quarter worth $26,000. Midwest Capital Advisors LLC purchased a new position in ExxonMobil in the fourth quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. boosted its position in ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 187 shares during the last quarter. Finally, Atlantic Private Wealth LLC boosted its position in ExxonMobil by 776.9% in the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 202 shares during the last quarter. 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.
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