ExxonMobil (NYSE:XOM) Issues Earnings Results, Beats Estimates By $0.18 EPS

ExxonMobil (NYSE:XOM) issued its quarterly earnings data on Friday. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18, Briefing.com reports. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same period 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.

Here are the key takeaways from ExxonMobil’s conference call:

• ExxonMobil reported strong operational resilience and underlying Q1 results — refinery throughput rose ~200,000 b/d in March, Permian and Guyana production increased, and the Energy Products segment delivered materially higher earnings versus last year.
• Two LNG trains in Qatar were damaged and repairs could take 3–5 years per QatarEnergy, representing roughly ~3% of ExxonMobil’s global production and creating uncertainty around near-term supply and asset recovery costs.
• Golden Pass LNG achieved first LNG (Train 1) in March with Train 2 mechanically complete by year-end and Train 3 by Q2 next year, increasing U.S. export capacity (initially ~5% and ~15% when all trains online) while FIDs for PNG and Mozambique remain targeted this year.
• Accounting timing effects from trading (paper vs. physical settlement) created short-term earnings mismatches this quarter, but management says the underlying trading optimization and portfolio deliveries are value-accretive and will unwind over subsequent periods.
• Management emphasized long-term competitive advantages — disciplined capital allocation, tech-led Permian growth to ~1.8 million boe/d in 2026, enterprise systems rollout, and additional CCS capacity (~4 million tpa planned) — supporting durable cash flow and returns.

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $153.10 on Friday. ExxonMobil has a one year low of $101.18 and a one year high of $176.41. The stock has a fifty day moving average of $154.98 and a 200-day moving average of $134.93. The company has a market capitalization of $636.38 billion, a PE ratio of 22.89, a price-to-earnings-growth ratio of 0.70 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio is 61.58%.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

Analyst Ratings Changes

XOM has been the subject of a number of research analyst reports. Morgan Stanley cut their target price on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Wells Fargo & Company upped their target price on ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. UBS Group restated a “buy” rating and issued a $171.00 target price on shares of ExxonMobil in a research report on Monday, February 2nd. Citigroup increased their price objective on ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Finally, Loop Capital set a $123.00 price objective on ExxonMobil in a research report on Tuesday, February 3rd. One equities 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. Based on data from MarketBeat.com, ExxonMobil has a consensus rating of “Moderate Buy” and an average target price of $161.55.

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction on Monday, March 16th. The stock was 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 in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is currently owned by corporate insiders.

Institutional Trading of ExxonMobil

A number of hedge funds have recently modified their holdings of XOM. Van ECK Associates Corp lifted its holdings in shares of ExxonMobil by 334.4% in the fourth quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock valued at $368,541,000 after purchasing an additional 2,357,467 shares in the last quarter. Amundi lifted its holdings in shares of ExxonMobil by 8.3% in the fourth quarter. Amundi now owns 23,318,770 shares of the oil and gas company’s stock valued at $2,806,181,000 after purchasing an additional 1,791,589 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of ExxonMobil by 105.4% in the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock valued at $329,797,000 after purchasing an additional 1,501,235 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of ExxonMobil by 2.0% in the fourth 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 purchasing an additional 1,457,560 shares in the last quarter. Finally, Pinebridge Investments LLC purchased a new stake in shares of ExxonMobil in the fourth quarter valued at $138,732,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

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.