Exxon Mobil (NYSE:XOM) Trading 2.3% Higher – Should You Buy?

Exxon Mobil Corporation (NYSE:XOM)’s share price shot up 2.3% during mid-day trading on Monday . The stock traded as high as $151.27 and last traded at $150.72. 15,452,366 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 21,339,064 shares. The stock had previously closed at $147.28.

Exxon Mobil News Summary

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

• Positive Sentiment: The U.S. Supreme Court agreed to hear ExxonMobil and Suncor’s bid to dismiss a climate-liability suit brought by Boulder, Colorado — a step that could reduce long‑term legal risk and potential liabilities for XOM if the Court limits municipalities’ climate claims. Seeking Alpha: U.S. Supreme Court to hear bid from Exxon, Suncor to stop climate change lawsuits
• Positive Sentiment: Reuters also reports the Supreme Court will hear Exxon’s appeal in the Boulder case — confirmation from a major wire service that the legal challenge has reached the highest court, increasing the odds of a favorable precedent that could limit municipal climate litigation exposure. Reuters: US Supreme Court to hear Exxon and Suncor bid to toss Boulder’s climate suit
• Positive Sentiment: The Supreme Court will also consider Exxon’s bid over compensation claims tied to property seized by Cuba — a case that could produce a favorable recovery or clearer legal footing for U.S. firms seeking damages, which investors view as a potential near‑term value catalyst. Reuters: US Supreme Court to hear Exxon bid for compensation from Cuba
• Positive Sentiment: Political/regulatory outlook may be turning friendlier for traditional energy: commentary highlights potential rollbacks of greenhouse‑gas rules under the current administration, which would lower compliance costs and support margins for integrated oil majors like Exxon. The Motley Fool: A Friendlier Regulatory Environment May Be on the Horizon
• Neutral Sentiment: Energy sector momentum is positive today (NYSE Energy Index up), which lifts peer group multiples and often helps large-cap names like Exxon trade higher alongside crude and natural‑gas strength. Yahoo Finance: Sector Update: Energy Stocks Rise Monday Afternoon
• Positive Sentiment: Bullish investor commentary and analysis highlight Exxon’s strong cash generation, recent 17% rally in January driven by higher oil/gas prices, and the company’s ability to return capital — reinforcing buy-side conviction. The Motley Fool: ExxonMobil Stock Surged 17% in January
• Neutral Sentiment: Insider/insider-related activity: a report notes a share sale by Rep. Gilbert Ray Cisneros, Jr. — routine political/insider selling can draw attention but does not necessarily indicate a change in fundamentals. American Banking News: Exxon Mobil Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group reaffirmed a “buy” rating and set a $171.00 price target on shares of Exxon Mobil in a research report on Monday, February 2nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a research report on Wednesday, February 4th. Loop Capital set a $123.00 target price on Exxon Mobil in a report on Tuesday, February 3rd. Citigroup upped their price target on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Finally, Royal Bank Of Canada lifted their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and a consensus target price of $140.59.

Exxon Mobil Stock Up 2.3%

The firm has a fifty day simple moving average of $132.29 and a 200-day simple moving average of $120.23. The company has a market capitalization of $628.01 billion, a PE ratio of 22.53, a P/E/G ratio of 15.28 and a beta of 0.39. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

Exxon Mobil (NYSE:XOM) last released its quarterly 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. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.67 earnings per share. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,230 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $149.18, for a total transaction of $481,851.40. Following the sale, the vice president owned 20,354 shares in the company, valued at $3,036,409.72. This represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 14,230 shares of company stock valued at $1,888,421 over the last three months. 0.03% of the stock is owned by insiders.

Hedge Funds Weigh In On Exxon Mobil

Large investors have recently added to or reduced their stakes in the company. Drake & Associates LLC boosted its holdings in Exxon Mobil by 47.6% in the fourth quarter. Drake & Associates LLC now owns 2,728 shares of the oil and gas company’s stock worth $328,000 after purchasing an additional 880 shares during the period. Sonoma Allocations LLC boosted its holdings in shares of Exxon Mobil by 32.2% in the 4th quarter. Sonoma Allocations LLC now owns 5,040 shares of the oil and gas company’s stock valued at $607,000 after buying an additional 1,227 shares during the period. Monetary Solutions Ltd bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $283,000. Kera Capital Partners Inc. raised its stake in Exxon Mobil by 33.4% during the fourth quarter. Kera Capital Partners Inc. now owns 6,766 shares of the oil and gas company’s stock worth $814,000 after acquiring an additional 1,693 shares during the period. Finally, Walser Wealth Management Company A Ltd Liability Co acquired a new stake in Exxon Mobil during the fourth quarter worth about $1,093,000. 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.