ExxonMobil (NYSE:XOM) Trading 1.6% Higher – Should You Buy?

ExxonMobil Corporation (NYSE:XOM)’s stock price traded up 1.6% during mid-day trading on Thursday . The stock traded as high as $158.57 and last traded at $156.8580. 15,570,793 shares were traded during mid-day trading, a decline of 22% from the average session volume of 19,849,230 shares. The stock had previously closed at $154.45.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Crude oil jumped sharply, briefly touching $100 per barrel before easing, which is lifting energy stocks including ExxonMobil. Higher oil prices generally improve upstream earnings expectations for XOM. At $100 Per Barrel, Which Oil Stock Has Dominated in 2026: ExxonMobil, Chevron, or BP?
• Positive Sentiment: Market commentary says ExxonMobil shares are approaching a possible breakout as technical indicators turn bullish, suggesting traders may be positioning for further upside. ExxonMobil shares approach a possible key breakout as technical indicators align bullishly
• Positive Sentiment: Analysts remain upbeat ahead of ExxonMobil’s Q2 earnings, with expectations for strong profit growth and results that could reinforce the stock’s recent momentum. ExxonMobil (XOM) Stock Approaches Key Resistance Ahead of Q2 Earnings Release
• Positive Sentiment: Investor attention is shifting toward ExxonMobil as part of a broader rotation into energy and other hard assets tied to AI infrastructure and energy security themes. The 2026 Blueprint: 6 Stocks for a Brand New Portfolio (XOM)
• Neutral Sentiment: Broader energy-sector strength continues to support ExxonMobil, though this is more of a sector tailwind than a company-specific catalyst. Navigating the Energy Surge: A Value-Chain Guide to Energy ETFs

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Weiss Ratings downgraded ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a research note on Tuesday, May 5th. Bank of America upgraded shares of ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 price objective on the stock in a research report on Tuesday, June 16th. Finally, Piper Sandler initiated coverage on shares of ExxonMobil in a research note on Thursday. They issued a “neutral” rating and a $158.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, ExxonMobil presently has an average rating of “Moderate Buy” and an average price target of $163.25.

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 firm has a market capitalization of $650.17 billion, a P/E ratio of 26.45, a P/E/G ratio of 0.63 and a beta of 0.17. The stock’s 50 day simple moving average is $145.84 and its 200 day simple moving average is $147.14.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter in the previous year, the firm posted $1.76 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. As a group, analysts expect that ExxonMobil Corporation will post 11.38 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

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

Institutional Investors Weigh In On ExxonMobil

Institutional investors and hedge funds have recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new position in shares of ExxonMobil during the fourth quarter valued at $26,000. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil in the fourth quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 187 shares during the period. Key Capital Management INC bought a new position in ExxonMobil during the 4th quarter worth about $28,000. Finally, Nvest Wealth Strategies Inc. bought a new position in ExxonMobil during the 4th quarter worth about $32,000. 61.80% of the stock is owned by institutional investors.

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.