Erste Group Bank Boosts Earnings Estimates for Exxon Mobil

Exxon Mobil Corporation (NYSE:XOM) – Stock analysts at Erste Group Bank lifted their FY2026 earnings estimates for Exxon Mobil in a research report issued on Tuesday, March 24th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas company will post earnings per share of $7.07 for the year, up from their previous forecast of $6.81. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.43 per share. Erste Group Bank also issued estimates for Exxon Mobil’s FY2027 earnings at $8.34 EPS.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the prior year, the business earned $1.67 EPS. The business’s revenue for the quarter was down 1.3% on a year-over-year basis.

XOM has been the topic of several other reports. Citigroup upped their price target on Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Sanford C. Bernstein decreased their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Bank of America boosted their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. TD Cowen raised their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Finally, Morgan Stanley dropped their price target on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $148.89.

Exxon Mobil Trading Up 1.3%

XOM opened at $165.43 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $167.48. The stock has a market cap of $689.31 billion, a PE ratio of 24.73, a PEG ratio of 1.28 and a beta of 0.35. The business has a 50 day moving average of $148.48 and a 200-day moving average of $127.58.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were 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 of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 in the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

Several institutional investors have recently modified their holdings of the business. Bank of America Corp DE lifted its stake in Exxon Mobil by 2.0% during the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock valued at $9,043,836,000 after acquiring an additional 1,457,560 shares during the period. Norges Bank bought a new position in Exxon Mobil during the fourth quarter valued at approximately $7,625,063,000. Bank of New York Mellon Corp boosted its holdings in Exxon Mobil by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after purchasing an additional 531,362 shares during the last quarter. Northern Trust Corp grew its position in Exxon Mobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the period. Finally, Franklin Resources Inc. raised its stake in Exxon Mobil by 7.4% during the 3rd 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. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key Exxon Mobil News

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

• Positive Sentiment: Bernstein raised its price target on XOM to $195 (from $159) and kept an Outperform rating, signaling institutional conviction that upside remains and supporting buyer interest. Bernstein Analyst Sees “Right Tail Risk,” Raises Exxon Mobil (XOM) Price Target
• Positive Sentiment: Analysts and industry sources say the recent oil “shock” from the Iran war is likely to keep prices elevated into 2027, which should boost Exxon’s margins, cash flow and capital return capacity. That macro backdrop is a major tailwind for XOM earnings. The Oil Shock Is Here to Stay. Energy Bosses Brace Themselves.
• Positive Sentiment: Exxon participated in the industry’s first fully automated offshore well in Guyana (with Halliburton and partners), showcasing tech that can lower execution risk and unit costs on high-value projects. Operational improvement supports stronger project economics. Halliburton (HAL) Is Up 6.7% After First Fully Automated Offshore Well in Guyana – What’s Changed
• Positive Sentiment: Exxon has a team in Venezuela evaluating upstream opportunities, signaling potential reserve additions and long‑term growth optionality if geopolitical and commercial conditions allow. CERAWEEK Exxon says its team is in Venezuela evaluating oil opportunities
• Positive Sentiment: Exxon is reportedly weighing an exit from New Zealand to refocus capital on more advantaged assets—an example of portfolio pruning that could improve returns and free capital for higher‑margin projects. Exxon Mobil Weighs New Zealand Exit To Refocus On Advantaged Assets
• Neutral Sentiment: Industry-wide “land grab” activity—producers chasing acreage overseas—creates opportunity but also increases capital competition and geopolitical execution risk; this is a strategic context for Exxon’s expansion choices. Producers Are Looking Far Afield for Oil. It’s ‘An Old-Fashioned Land Grab.’
• Neutral Sentiment: Market commentary noting Exxon overtaking Nvidia in market value highlights investor rotation into energy, but this is a market-capitalization snapshot rather than a fundamental change. Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict
• Negative Sentiment: Oil briefly eased on de‑escalation buzz, underscoring that geopolitical headlines can quickly reverse price moves; a durable de‑escalation would pressure near‑term upside for XOM. Oil Eases on De-Escalation Buzz but Risks Persist: 3 Stocks to Watch

Exxon Mobil Company Profile

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.