Erste Group Bank Predicts Higher Earnings for ExxonMobil

ExxonMobil Corporation (NYSE:XOM) – Erste Group Bank boosted their FY2026 EPS estimates for shares of ExxonMobil in a note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the oil and gas company will post earnings of $12.56 per share for the year, up from their prior forecast of $11.60. The consensus estimate for ExxonMobil’s current full-year earnings is $12.40 per share. Erste Group Bank also issued estimates for ExxonMobil’s FY2027 earnings at $11.12 EPS.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The business had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same quarter in the prior year, the firm earned $1.64 EPS.

Several other equities analysts have also recently issued reports on XOM. Wall Street Zen upgraded shares of ExxonMobil to a “hold” rating in a research note on Saturday, September 5th. UBS Group set a $172.00 price target on shares of ExxonMobil in a research note on Friday, September 25th. Wells Fargo & Company reissued an “equal weight” rating and set a $182.00 price objective on shares of ExxonMobil in a report on Thursday, October 1st. Argus increased their price objective on shares of ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Finally, DZ Bank cut shares of ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a report on Tuesday, August 4th. Eleven investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil has a consensus rating of “Hold” and a consensus price target of $164.78.

ExxonMobil Price Performance

NYSE XOM opened at $174.25 on Wednesday. ExxonMobil has a one year low of $110.39 and a one year high of $176.41. The stock has a 50-day moving average of $162.41 and a 200 day moving average of $154.31. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The company has a market capitalization of $722.26 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 1.01 and a beta of 0.21.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. jvl associates llc boosted its position in ExxonMobil by 2.6% in the third quarter. jvl associates llc now owns 2,862 shares of the oil and gas company’s stock worth $466,000 after purchasing an additional 73 shares during the last quarter. Market Street Wealth Management Advisors LLC grew its stake in shares of ExxonMobil by 42.6% during the 3rd quarter. Market Street Wealth Management Advisors LLC now owns 2,621 shares of the oil and gas company’s stock valued at $427,000 after purchasing an additional 783 shares during the period. Baring Financial LLC increased its position in shares of ExxonMobil by 8.4% during the 3rd quarter. Baring Financial LLC now owns 6,220 shares of the oil and gas company’s stock valued at $1,012,000 after purchasing an additional 484 shares during the last quarter. Colton Groome Financial Advisors LLC increased its position in shares of ExxonMobil by 2.5% during the 3rd quarter. Colton Groome Financial Advisors LLC now owns 3,668 shares of the oil and gas company’s stock valued at $597,000 after purchasing an additional 91 shares during the last quarter. Finally, Byrne Asset Management LLC lifted its stake in shares of ExxonMobil by 11.5% in the 3rd quarter. Byrne Asset Management LLC now owns 9,752 shares of the oil and gas company’s stock worth $1,598,000 after purchasing an additional 1,002 shares during the period. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio is 53.02%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Oil prices above $90 per barrel could support ExxonMobil’s earnings and cash flow, particularly through its low-cost Permian Basin and Guyana operations. Will Elevated Crude Prices Enhance ExxonMobil’s Cash Flows?
• Positive Sentiment: ExxonMobil posted adjusted second-quarter earnings of $14.7 billion, up from $8.8 billion in the first quarter, demonstrating its ability to benefit from disrupted energy markets and stronger commodity prices. ExxonMobil Trades at a Premium Yet Earnings Are Expected to Shrink
• Neutral Sentiment: Port Houston will present ExxonMobil with its annual Lone Star Award, recognizing the company’s longstanding partnership and importance to the Houston Ship Channel. The award supports ExxonMobil’s corporate reputation but has no direct financial impact. ExxonMobil to Receive Port Houston’s Lone Star Award
• Negative Sentiment: Analysts note that ExxonMobil trades at a premium while earnings are expected to decline from elevated levels, raising the risk that the stock’s valuation may become harder to justify if oil prices weaken. ExxonMobil Trades at a Premium Yet Earnings Are Expected to Shrink
• Negative Sentiment: Guyana may scale back LNG plans because ExxonMobil needs more gas for its oil wells. While prioritizing oil production could benefit near-term output, a smaller LNG project would reduce a potential future growth opportunity. Guyana May Scale Back LNG Plans
• Negative Sentiment: Sliding crude prices and a reported 61% quarterly decline in free cash flow are increasing scrutiny of ExxonMobil’s ability to maintain its 43-year record of annual dividend increases. Exxon’s Dividend Streak Faces a Test

ExxonMobil Company Profile

Exxon Mobil Corporation, commonly known as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and sale of crude oil and natural gas. The company also manufactures and markets fuels, lubricants, petrochemicals and specialty products used in transportation, industrial and consumer applications.

ExxonMobil operates across the energy value chain through businesses that include upstream oil and natural gas production, refining and fuels marketing, chemical manufacturing, and lower-carbon solutions.