ExxonMobil (NYSE:XOM) Stock Price Up 3.8% – Time to Buy?

ExxonMobil Corporation (NYSE:XOM) shares traded up 3.8% during trading on Tuesday . The company traded as high as $141.74 and last traded at $141.66. Approximately 14,578,985 shares traded hands during trading, a decline of 28% from the average daily volume of 20,299,848 shares. The stock had previously closed at $136.44.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil said changes in oil prices are expected to lift second-quarter upstream earnings by $3.5 billion to $3.9 billion, a clear boost for the integrated oil giant’s profit outlook. Exxon Mobil signals higher second-quarter earnings
• Positive Sentiment: The stock is also benefiting from firmer crude prices and continued investor interest in ExxonMobil after its completed redomiciliation to Texas kept the shares in focus. ExxonMobil Gains as Oil Firms and Investors Digest Texas Redomiciliation
• Positive Sentiment: Several recent articles remain constructive on XOM’s long-term setup, citing strong Permian and LNG exposure, solid balance sheet strength, and attractive value for investors looking for energy exposure. Global LNG Demand Could Surge 65% by 2050. Here Are the Top Energy Stocks to Buy to Cash In on the Boom.
• Positive Sentiment: ExxonMobil’s latest quarterly results showed strong operational momentum, including record Guyana production, which supports the bull case for earnings durability. ExxonMobil announces first-quarter 2026 results
• Neutral Sentiment: Analyst and commentary pieces today were mixed but generally favorable, with some caution that softer oil prices could limit upside even as ExxonMobil remains a favored long-term value name. After an Almost 20% One-Year Run, is ExxonMobil Still Worth Buying?
• Negative Sentiment: Broader energy-sector commentary warned that oil trading well below the $100 level, along with OPEC supply increases and recession worries, could pressure energy stocks if crude weakens further. Oil’s $100 Threshold: What It Means for Energy Stocks Now

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on XOM shares. Wells Fargo & Company upped their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. raised their target price on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Mizuho upped their price target on ExxonMobil from $159.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 target price on shares of ExxonMobil in a research report on Tuesday, May 5th. Finally, Citigroup upped their price target on shares of ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, ExxonMobil currently has a consensus rating of “Moderate Buy” and an average target price of $164.70.

ExxonMobil Price Performance

The company’s fifty day moving average is $147.37 and its 200 day moving average is $144.79. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The firm has a market cap of $587.17 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 0.58 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.76 EPS. On average, equities research analysts predict that ExxonMobil Corporation will post 11.9 EPS for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, May 15th. ExxonMobil’s dividend payout ratio is presently 69.48%.

Hedge Funds Weigh In On ExxonMobil

Several institutional investors and hedge funds have recently made changes to their positions in the business. Berbice Capital Management LLC purchased a new position in ExxonMobil during the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil in the 4th quarter worth approximately $27,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in 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 valued at $27,000 after purchasing an additional 187 shares in the last quarter. Key Capital Management INC bought a new position in shares of ExxonMobil in the fourth quarter worth approximately $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in shares of ExxonMobil in the fourth quarter worth $32,000. 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.