Exxon Mobil (NYSE:XOM) Shares Down 2.1% – What’s Next?

Exxon Mobil Corporation (NYSE:XOM) fell 2.1% on Wednesday . The stock traded as low as $118.27 and last traded at $118.4710. 20,197,560 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 21,945,352 shares. The stock had previously closed at $121.05.

Trending Headlines about Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: U.S. push on Venezuela raises the prospect of new upstream opportunities for major oil names, and media/market commentary (including Jim Cramer) has highlighted Exxon as a potential beneficiary—supporting upside investor sentiment. Jim Cramer discusses Exxon (XOM) & Venezuela operation
• Positive Sentiment: Exxon signed a Memorandum of Understanding with Turkey’s national oil company to explore untapped Black Sea and Mediterranean acreage—a near‑term growth/production prospect that investors view positively. ExxonMobil Enters Exploration MoU With Turkey’s National Oil Company
• Positive Sentiment: Analyst commentary notes Exxon’s strong history of earnings beats and the company’s mix of upstream/refining businesses that can produce upside surprises—supporting expectations for another solid report. Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Coverage highlights Exxon’s integrated model—refining and marketing gains can offset upstream weakness—reducing earnings volatility but limiting upside tied solely to crude prices. XOM’s Integrated Business Model Shields Earnings Amid Lower Oil Prices
• Neutral Sentiment: Analyst and media pieces also highlight Exxon’s low‑carbon projects (CCS, hydrogen, lithium) and durable dividend profile—longer‑term positives but less likely to move near‑term price action. Will ExxonMobil’s Low-Carbon Business Act as Its Next Growth Engine?
• Negative Sentiment: Exxon warned that lower liquids/crude prices could cut fourth‑quarter upstream profit by roughly $800M–$1.2B versus Q3—an explicit near‑term earnings headwind that pressured the stock on earlier headlines. Exxon signals fall in fourth-quarter upstream profit
• Negative Sentiment: Multiple outlets repeated the warning (and at least one analyst downgrade followed), keeping downside risk if oil prices remain weak into the quarter close. Exxon Mobil Tells Investors Falling Oil Prices Will Dent Profits

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. Jefferies Financial Group boosted their target price on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. TD Cowen raised their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, December 12th. Cowen reiterated a “buy” rating on shares of Exxon Mobil in a report on Friday, December 12th. Finally, Bank of America decreased their price objective on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $129.71.

Exxon Mobil Stock Performance

The company’s fifty day simple moving average is $118.05 and its two-hundred day simple moving average is $113.87. The company has a market capitalization of $525.44 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 7.57 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a yield of 3.3%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio (DPR) is 59.88%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in XOM. Eagle Capital Management LLC grew its position in Exxon Mobil by 15.3% in the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Exxon Mobil during the first quarter worth approximately $305,000. Acadian Asset Management LLC grew its holdings in Exxon Mobil by 82.4% in the 1st quarter. Acadian Asset Management LLC now owns 331,980 shares of the oil and gas company’s stock worth $39,476,000 after buying an additional 149,962 shares in the last quarter. WBI Investments LLC acquired a new stake in Exxon Mobil in the 1st quarter valued at approximately $266,000. Finally, BOS Asset Management LLC raised its stake in Exxon Mobil by 30.9% during the 1st quarter. BOS Asset Management LLC now owns 14,254 shares of the oil and gas company’s stock valued at $1,695,000 after acquiring an additional 3,363 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

About Exxon Mobil

Exxon Mobil 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.