ExxonMobil (XOM) to Post Earnings on Friday

ExxonMobil (NYSE:XOM) is expected to be releasing its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect ExxonMobil to announce earnings of $3.60 per share and revenue of $109.9370 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 31, 2026 at 9:30 AM ET.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. The business 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 was up 2.4% compared to the same quarter last year. During the same period last year, the company earned $1.76 EPS. On average, analysts expect ExxonMobil to post $12 EPS for the current fiscal year and $11 EPS for the next fiscal year.

ExxonMobil Trading Up 3.2%

Shares of XOM stock traded up $4.86 during trading hours on Wednesday, hitting $157.90. 3,323,042 shares of the company’s stock traded hands, compared to its average volume of 19,610,357. The stock has a market cap of $654.50 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 0.63 and a beta of 0.17. The stock’s 50 day simple moving average is $145.60 and its 200 day simple moving average is $148.08. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. ExxonMobil has a 12 month low of $105.53 and a 12 month high of $176.41.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is currently 69.48%.

Institutional Trading of ExxonMobil

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Galaxy Group Investments LLC acquired a new stake in ExxonMobil in the fourth quarter valued at approximately $38,000. Safe Harbor Fiduciary LLC acquired a new position in shares of ExxonMobil during the fourth quarter worth approximately $48,000. Sfam LLC bought a new position in shares of ExxonMobil in the 4th quarter worth $63,000. Chapman Financial Group LLC bought a new position in shares of ExxonMobil in the 2nd quarter worth $65,000. Finally, Wealth Watch Advisors INC acquired a new stake in ExxonMobil in the 3rd quarter valued at $72,000. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. DZ Bank upgraded ExxonMobil to a “strong-buy” rating in a research report on Monday, July 6th. Jefferies Financial Group upped their target price on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Citigroup restated a “neutral” rating on shares of ExxonMobil in a report on Wednesday, July 8th. Piper Sandler initiated coverage on shares of ExxonMobil in a research note on Thursday, July 23rd. They issued a “neutral” rating and a $158.00 price objective on the stock. Finally, Mizuho decreased their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $163.45.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Oil prices jumped as renewed U.S.-Iran hostilities reduced expectations that the Strait of Hormuz would reopen soon. Sustained disruption in the key shipping route could support crude prices and benefit ExxonMobil’s upstream cash flow and earnings. Oil Prices Jump After U.S. and Iran Strikes Hit Hormuz Hopes
• Positive Sentiment: ExxonMobil agreed to a carbon-capture and storage project with Williams supporting natural-gas processing in Louisiana. The agreement expands ExxonMobil’s lower-carbon business opportunities and could strengthen its position in industrial emissions management. ExxonMobil agrees to new CCS project with Williams
• Positive Sentiment: Investors are looking ahead to ExxonMobil’s July 31 second-quarter earnings report. Expectations for higher profit and revenue, along with the company’s 43-year record of dividend growth and $20 billion annual buyback program, provide potential catalysts. ExxonMobil’s Q2 Earnings on Deck

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.