ExxonMobil (NYSE:XOM) Stock Price Up 1.4% – Still a Buy?

ExxonMobil Corporation (NYSE:XOM)’s stock price rose 1.4% during mid-day trading on Monday . The company traded as high as $161.73 and last traded at $160.1970. Approximately 19,851,513 shares traded hands during trading, a decline of 7% from the average daily volume of 21,325,242 shares. The stock had previously closed at $157.92.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: WTI crude staying above $100 is keeping ExxonMobil in focus, since higher oil prices can support upstream earnings and cash flow. Oil Remains Above $100: Are Permian Stocks a Smart Bet Now?
• Positive Sentiment: New commentary says ExxonMobil is positioned to benefit from rising LNG and power demand, which could support long-term growth as the company expands its LNG footprint. Is ExxonMobil Positioned to Capitalize on Rising LNG & Power Demand?
• Positive Sentiment: Exxon is also being featured in low-beta and defensive-stock screens, reinforcing its appeal for investors looking for steadier exposure during geopolitical volatility. 4 Low-Beta Stocks for a Steadier Portfolio: LQDA, XOM, VLO & FANG
• Positive Sentiment: Recent coverage also points to continued momentum in Exxon shares, including gains over multiple sessions and renewed interest after strong oil-market conditions and a legal win. Exxon continues gains for seven straight sessions
• Neutral Sentiment: Some articles are primarily valuation or comparison pieces, including ExxonMobil vs. Chevron, and do not point to a clear near-term catalyst. ExxonMobil vs. Chevron: Better Energy Stock to Buy Now?
• Negative Sentiment: One analyst update trimmed FY2026 earnings estimates slightly, which may temper enthusiasm even though the revision was modest and still below the broader consensus. ExxonMobil Corporation stock coverage

Analysts Set New Price Targets

XOM has been the subject of a number of analyst reports. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the company a “neutral” rating in a research report on Friday, April 17th. Scotiabank boosted their price objective on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Finally, Mizuho boosted their price objective on ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, ExxonMobil has a consensus rating of “Moderate Buy” and an average price target of $163.95.

ExxonMobil Stock Down 3.8%

The firm has a 50 day simple moving average of $155.46 and a two-hundred day simple moving average of $138.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The stock has a market cap of $648.45 billion, a P/E ratio of 26.38, a P/E/G ratio of 0.70 and a beta of 0.19.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS 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 the consensus estimate of $81.13 billion. During the same quarter in the previous year, the business earned $1.76 EPS. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. Equities research analysts predict that ExxonMobil Corporation will post 11.49 earnings per share for the current year.

ExxonMobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil’s payout ratio is currently 69.48%.

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

Institutional Trading of ExxonMobil

Hedge funds and other institutional investors have recently modified their holdings of the company. Portus Wealth Advisors LLC acquired a new stake in shares of ExxonMobil during the first quarter worth $36,000. Berbice Capital Management LLC acquired a new stake in shares of ExxonMobil during the fourth quarter worth $26,000. Midwest Capital Advisors LLC acquired a new stake in shares of ExxonMobil during the fourth quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of ExxonMobil by 456.1% during 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 period. Finally, Atlantic Private Wealth LLC raised its position in shares of ExxonMobil by 776.9% during 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 period. 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.