ExxonMobil (NYSE:XOM) Trading 1.2% Higher – Time to Buy?

ExxonMobil Corporation (NYSE:XOM)’s stock price traded up 1.2% during trading on Wednesday . The company traded as high as $152.49 and last traded at $150.72. 14,248,983 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 20,561,436 shares. The stock had previously closed at $148.91.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: A stronger-than-expected May jobs report boosted expectations for energy demand and helped support energy stocks broadly, which can benefit ExxonMobil as a major integrated oil and gas company. Likely Sector ETF & Stock Winners From May Jobs Report
• Positive Sentiment: The Energy Select Sector SPDR Fund has been outperforming, with energy stocks “waking up” and the sector showing strong year-to-date gains, signaling broad investor interest in the group that includes ExxonMobil. Energy Refuses to Quit: XLE Up 29% YTD as Oil Stocks Wake Up
• Positive Sentiment: Exxon Mobil won a major EPCIC contract for the Coral Norte LNG project offshore Mozambique, expanding its LNG footprint and adding another large-scale growth opportunity for its gas business. Exxon Mobil Coral Norte LNG Win And What It Means For Valuation
• Positive Sentiment: Reuters reported that Exxon generated $4.67 billion in profit from its Guyana operations in 2025, underscoring the continued strength of one of the company’s most important growth engines. Exxon 2025 profit in Guyana totaled $4.67 billion

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Scotiabank lifted their price target on shares of ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. boosted their price objective on ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Weiss Ratings cut ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Finally, Barclays boosted their target price on shares of ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $165.55.

ExxonMobil Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The company’s 50 day moving average price is $153.25 and its 200 day moving average price is $141.89. The company has a market cap of $624.73 billion, a price-to-earnings ratio of 25.42, a P/E/G ratio of 0.65 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.76 EPS. On average, equities research analysts predict that ExxonMobil Corporation will post 11.66 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be given a dividend of $1.03 per share. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.7%. ExxonMobil’s dividend payout ratio is 69.48%.

Insider Transactions at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Berbice Capital Management LLC acquired a new position in ExxonMobil during the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC acquired a new position in ExxonMobil during the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. lifted its position in ExxonMobil by 456.1% during the 4th 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 during the period. Key Capital Management INC acquired a new position in ExxonMobil during the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new position in ExxonMobil during the 4th quarter valued at about $32,000. Institutional investors and hedge funds 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.