ExxonMobil (NYSE:XOM) Stock Rep. Michael Guest

Representative Michael Guest (Republican-Mississippi) recently bought shares of ExxonMobil Corporation (NYSE:XOM). In a filing disclosed on August 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in ExxonMobil stock on July 2nd. The trade occurred in the Representative’s “TRUST – KF19” account.

ExxonMobil Price Performance

NYSE XOM opened at $161.52 on Tuesday. ExxonMobil Corporation has a 52 week low of $105.67 and a 52 week high of $176.41. The firm’s 50-day simple moving average is $147.19 and its two-hundred day simple moving average is $150.73. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The company has a market cap of $669.49 billion, a PE ratio of 20.79, a price-to-earnings-growth ratio of 0.63 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion for the quarter, compared to analysts’ expectations of $109.94 billion. During the same period in the previous year, the firm earned $1.64 EPS. Research analysts predict that ExxonMobil Corporation will post 11.86 earnings per share for the current year.

ExxonMobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued a dividend of $1.03 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $4.12 annualized dividend and a yield of 2.6%. ExxonMobil’s dividend payout ratio is 53.02%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil awarded approximately $1.1 billion in pre-investment contracts for upstream equipment at its Rovuma LNG Phase 1 project in Mozambique. The contracts indicate continued progress on a major international LNG development, although they also represent significant upfront investment before production and cash flow begin. ExxonMobil awards $1.1 billion in contracts for Mozambique’s Rovuma LNG project
• Positive Sentiment: ExxonMobil and Targa Resources announced new 20-year, fee-based midstream agreements covering gathering, processing, NGL transportation and fractionation for ExxonMobil’s Permian Basin acreage. The arrangements provide greater infrastructure certainty for ExxonMobil’s planned production growth and could support more predictable long-term operating economics. Targa Resources announces 20-year agreements with ExxonMobil
• Positive Sentiment: Targa plans three new Delaware Basin gas-processing plants with combined capacity of roughly 825 million cubic feet per day, plus a 70-mile pipeline expected to enter service in 2028. These projects are designed to accommodate ExxonMobil’s anticipated Permian output growth and improve takeaway capacity. Targa Resources expands midstream agreements with ExxonMobil
• Neutral Sentiment: Commentary highlighted ExxonMobil’s efforts to expand beyond traditional oil and gas, including investments in lower-carbon and other energy businesses. The strategy may improve long-term diversification, but the article does not provide a new earnings forecast or immediate financial catalyst. Why Exxon Mobil is expanding beyond traditional oil and gas
• Neutral Sentiment: Market coverage pointed to geopolitical tensions involving Iran and the Strait of Hormuz as potential support for crude prices and oil producers such as XOM. However, the uncertain conflict outlook and limited immediate movement in crude make this a volatile, sentiment-driven factor rather than a company-specific catalyst. What Iran’s reported escalation plans mean for oil stocks

Analyst Ratings Changes

Several research firms have recently weighed in on XOM. Morgan Stanley lowered their price objective on shares of ExxonMobil from $171.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. UBS Group set a $168.00 target price on shares of ExxonMobil in a research note on Friday, August 7th. Citigroup restated a “neutral” rating on shares of ExxonMobil in a report on Wednesday, July 8th. Barclays decreased their target price on ExxonMobil from $182.00 to $177.00 and set an “overweight” rating for the company in a research report on Monday. Finally, HSBC set a $158.00 price target on ExxonMobil in a research report on Monday, August 3rd. Ten analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, ExxonMobil has an average rating of “Hold” and an average target price of $163.05.

Institutional Trading of ExxonMobil

Several institutional investors and hedge funds have recently modified their holdings of XOM. Assetmark Inc. grew its holdings in ExxonMobil by 8.3% during the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock worth $83,525,000 after acquiring an additional 37,666 shares in the last quarter. Charles Schwab Trust Co boosted its holdings in ExxonMobil by 392.9% in the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock worth $16,710,000 after acquiring an additional 97,424 shares in the last quarter. CV Advisors LLC grew its position in ExxonMobil by 126.7% during the 2nd quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock worth $1,584,000 after purchasing an additional 6,478 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in shares of ExxonMobil by 2.3% during the fourth quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock valued at $126,166,000 after buying an additional 23,668 shares during the last quarter. Finally, Midwest Trust Co raised its stake in shares of ExxonMobil by 3.9% in the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock worth $120,623,000 after purchasing an additional 26,411 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

About Representative Guest

Michael Guest (Republican Party) is a member of the U.S. House, representing Mississippi’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Guest (Republican Party) ran for re-election to the U.S. House to represent Mississippi’s 3rd Congressional District. He won in the general election on November 5, 2024.

Guest received his bachelor’s degree from Mississippi State University in 1992. He received his J.D. from the University of Mississippi in 1995. He served as an assistant district attorney for Madison and Rankin counties in Mississippi from 1995 to 2007. He was elected district attorney of these counties in 2007. In 2018, Guest defeated Michael Evans (D) to replace outgoing incumbent Gregg Harper (R).

ExxonMobil Company Profile

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.