ExxonMobil (NYSE:XOM – Get Free Report) is anticipated to post its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect the company to post earnings of $3.56 per share and revenue of $109.9370 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 31, 2026 at 9:30 AM ET.
ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share 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 company had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the prior year, the company posted $1.76 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, analysts expect ExxonMobil to post $12 EPS for the current fiscal year and $11 EPS for the next fiscal year.
ExxonMobil Price Performance
XOM stock opened at $156.80 on Thursday. The stock has a market capitalization of $649.93 billion, a price-to-earnings ratio of 26.44, a price-to-earnings-growth ratio of 0.62 and a beta of 0.17. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. ExxonMobil has a 52-week low of $105.53 and a 52-week high of $176.41. The stock’s fifty day simple moving average is $145.61 and its 200-day simple moving average is $148.32.
Institutional Investors Weigh In On ExxonMobil
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Higher oil prices could support ExxonMobil’s cash flow and profit expectations, particularly ahead of its second-quarter earnings report scheduled for July 31. Analysts and market commentators are looking for stronger results, while the company’s long record of dividend increases and planned $20 billion annual share repurchases remain important shareholder-return advantages. Exxon Mobil Stock Trades Higher Wednesday: What’s Driving the Move?
- Positive Sentiment: ExxonMobil agreed to a carbon-capture and storage project with Williams supporting natural-gas processing in Louisiana. The initiative could strengthen Exxon’s lower-carbon services and strategic relationship with a major midstream operator, although the financial impact is likely longer term. ExxonMobil agrees to new CCS project with Williams
- Neutral Sentiment: ExxonMobil is being highlighted as a favored energy holding in President Donald Trump’s disclosures and as a value stock by Zacks. These references may support investor interest, but they do not change the company’s near-term earnings or valuation.
- Negative Sentiment: Bank of America downgraded XOM from “buy” to “neutral,” citing limited remaining upside despite raising its price target to $158. The downgrade adds pressure after the stock’s strong year-to-date performance and premium valuation. Exxon Mobil Offers Limited Upside Potential
- Negative Sentiment: A hawkish shift from several Federal Reserve officials weighed on the broader market. Higher-for-longer interest rates could limit appetite for richly valued equities, even as energy companies benefit from stronger commodity prices. Stock Market Today, July 29
Wall Street Analyst Weigh In
Several research firms recently weighed in on XOM. Mizuho reduced their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. UBS Group boosted their price objective on shares of ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their target price on ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Piper Sandler initiated coverage on shares of ExxonMobil in a research report on Thursday, July 23rd. They set a “neutral” rating and a $158.00 price target on the stock. Finally, Citigroup reaffirmed a “neutral” rating on shares of ExxonMobil in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $163.45.
Get Our Latest Analysis on XOM
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.
Featured Articles
- Five stocks we like better than ExxonMobil
- UnitedHealth Just Gave Wall Street a Clearer Turnaround Signal
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.
