Exxon Mobil Corporation (NYSE:XOM – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $126.41 and last traded at $126.5330, with a volume of 2963424 shares changing hands. The stock had previously closed at $124.03.
Key Headlines Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Exxon awarded a contract to acquire 3D deepwater seismic over a large block offshore Trinidad & Tobago — a sign of active exploration that could add future upstream inventory and long-term value. Exxon awards contract to acquire deepwater seismic offshore Trinidad and Tobago
- Positive Sentiment: Sources say Exxon’s Baton Rouge refinery is preparing to run Venezuelan crude — demonstrates operational flexibility to secure feedstock and potentially support refining margins if crude sourcing shifts. Exxon Baton Rouge refinery preparing to run Venezuelan oil, sources say
- Positive Sentiment: Prominent investor mention — Joshua Brown highlighted XOM as a pick on CNBC, which can be a modest sentiment boost to retail/trader interest. Delta Air, Exxon Mobil, TKO Group And A Financial Stock On CNBC’s ‘Final Trades’
- Neutral Sentiment: Exxon is publicly assessing Venezuelan oil assets while awaiting earnings — a strategic review that creates uncertainty but could lead to either disposals or renewed investment depending on geopolitics and sanctions. Exxon Mobil Corp. Holds Ground As Venezuela Assessment And Earnings Activity Drive Focus
- Neutral Sentiment: Analyst write-ups (e.g., Seeking Alpha) frame XOM as a “solid hold” on fundamentals, suggesting longer-term stability even if some geopolitical assets remain hard to monetize. Exxon Mobil: A Solid Hold Even If Venezuela Is ‘Uninvestable’
- Negative Sentiment: Exxon forecasted lower Q4 earnings citing a decline in crude prices — a direct near-term hit to EPS expectations and the primary reason for today’s negative price action. Exxon Mobil (XOM) Forecasts Lower Q4 Earnings Due to Decline in Crude Prices
- Negative Sentiment: Zacks notes WTI around $60 is likely to remain soft, pressuring upstream margins — while Exxon’s low leverage and premium assets mitigate risk, weaker oil is a clear earnings headwind. Crude Oil Price Will Likely Remain Soft: Will ExxonMobil Suffer?
- Negative Sentiment: Exxon and Shell halted the planned sale of U.K. North Sea gas assets to Viaro Energy after regulatory/market issues — delays or cancellations of divestitures can postpone expected cash inflows and strategic portfolio adjustments. Shell and Exxon halt UK gas asset sale to Viaro Energy
Analyst Ratings Changes
XOM has been the subject of a number of analyst reports. Bank of America reduced their price objective on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a research report on Friday, January 9th. Sanford C. Bernstein dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Mizuho raised their price objective on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $130.25.
Exxon Mobil Stock Down 0.9%
The business’s 50 day simple moving average is $118.83 and its 200 day simple moving average is $114.28. The company has a market capitalization of $544.10 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 7.89 and a beta of 0.37. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. The business had revenue of $83.33 billion during the quarter, compared to the consensus estimate of $83.09 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.92 EPS. As a group, analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a $1.03 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.2%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is currently 59.88%.
Insider Activity
In related news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.03% of the stock is owned by company insiders.
Institutional Investors Weigh In On Exxon Mobil
Several institutional investors and hedge funds have recently bought and sold shares of the business. Westfuller Advisors LLC acquired a new stake in Exxon Mobil during the 3rd quarter valued at $30,000. Marshall & Sullivan Inc. WA acquired a new stake in shares of Exxon Mobil in the 2nd quarter valued at approximately $38,000. Bare Financial Services Inc grew its holdings in shares of Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $40,000. Finally, TruNorth Capital Management LLC lifted its position in Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
About Exxon Mobil
Exxon Mobil 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.
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