Exxon Mobil (NYSE:XOM – Get Free Report) had its price target upped by investment analysts at Citigroup from $150.00 to $175.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the oil and gas company’s stock. Citigroup’s target price would indicate a potential upside of 9.14% from the company’s previous close.
Other equities research analysts have also issued reports about the stock. Bank of America upped their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Loop Capital set a $123.00 target price on shares of Exxon Mobil in a report on Tuesday, February 3rd. Mizuho upped their price target on shares of Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. TD Cowen increased their price target on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, Royal Bank Of Canada boosted their price objective on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and an average target price of $152.39.
Read Our Latest Stock Analysis on XOM
Exxon Mobil Trading Down 0.3%
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the prior year, the firm posted $1.67 EPS. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, equities analysts anticipate that Exxon Mobil will post 7.43 earnings per share for the current year.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of Exxon Mobil stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 11,460 shares of company stock valued at $1,687,854 in the last ninety days. Company insiders own 0.03% of the company’s stock.
Institutional Trading of Exxon Mobil
Large investors have recently made changes to their positions in the company. McAlvany Wealth Management LLC bought a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $1,126,000. J. Derek Lewis & Associates Inc. bought a new stake in Exxon Mobil during the fourth quarter worth $462,000. Purpose Unlimited Inc. purchased a new stake in Exxon Mobil in the 4th quarter valued at $1,727,000. Cornerstone Planning LLC purchased a new stake in Exxon Mobil in the 4th quarter valued at $3,371,000. Finally, Rockefeller Capital Management L.P. raised its position in Exxon Mobil by 2.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,923,940 shares of the oil and gas company’s stock valued at $231,527,000 after buying an additional 43,460 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Record production, higher returns and dividend increases reinforce Exxon’s cash‑flow and shareholder‑return story, supporting the stock over the medium term. Chevron vs ExxonMobil: Which Energy Stock Will Win In The New Oil Landscape?
- Positive Sentiment: Golden Pass LNG (Exxon/QatarEnergy JV) has started LNG output at its Texas facility (Train 1 adds ~6 MTPA), which should boost long‑term cash generation and diversify earnings beyond crude pricing. ExxonMobil-QatarEnergy JV Starts LNG Output at Texas Facility
- Positive Sentiment: Analyst commentary highlights Exxon’s advantaged upstream assets and a target to grow production (~5.5 MMboed by 2030) that could underpin higher upstream profits and long‑term EPS growth. This supports buy‑side conviction despite near‑term volatility. Here’s How XOM’s Advantaged Upstream Assets Act as Its Growth Engine
- Neutral Sentiment: Recent analyst upgrades and a cluster of price targets (median around ~$150.5, several higher targets) create mixed near‑term signals; some firms are bullish while a few remain cautious. Keep an eye on revisions. Exxon Mobil slides as crude prices retreat on renewed Iran ceasefire optimism
- Neutral Sentiment: Market commentary (Zacks, Motley Fool) lists Exxon as a defensive energy play for higher inflation/stagflation scenarios — useful positioning information if macro risks re‑emerge. Stagflation Fears Are Back: These 3 Stocks Can Help
- Negative Sentiment: Easing U.S.–Iran tensions and comments about a potential ceasefire triggered a sharp pullback in Brent and removed the regional risk premium, driving a sector rout that led Exxon to be among the worst‑performing energy names today. Exxon leads energy stock rout, on pace for biggest drop in a year
- Negative Sentiment: Multiple headlines tie a roughly 4–5% intraday decline to easing Iran risk and profit‑taking after the recent rally; that shows XOM remains sensitive to geopolitical headlines and crude volatility. Exxon Mobil and Chevron Fall 5%: What Iran’s President Just Did to U.S. Oil Stocks?
- Negative Sentiment: Insider selling and large institutional portfolio moves (notable Q4 reductions by some managers) are highlighted in data summaries — worth monitoring as a potential headwind to sentiment if it continues. Exxon Mobil slides as crude prices retreat on renewed Iran ceasefire optimism
Exxon Mobil Company Profile
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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