ExxonMobil (NYSE:XOM) Announces Earnings Results

ExxonMobil (NYSE:XOM) issued its earnings results on Friday. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18, Briefing.com reports. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the previous year, the firm earned $1.76 EPS. ExxonMobil’s revenue was up 2.4% on a year-over-year basis.

Here are the key takeaways from ExxonMobil’s conference call:

• ExxonMobil reported strong operational resilience and underlying Q1 results — refinery throughput rose ~200,000 b/d in March, Permian and Guyana production increased, and the Energy Products segment delivered materially higher earnings versus last year.
• Two LNG trains in Qatar were damaged and repairs could take 3–5 years per QatarEnergy, representing roughly ~3% of ExxonMobil’s global production and creating uncertainty around near-term supply and asset recovery costs.
• Golden Pass LNG achieved first LNG (Train 1) in March with Train 2 mechanically complete by year-end and Train 3 by Q2 next year, increasing U.S. export capacity (initially ~5% and ~15% when all trains online) while FIDs for PNG and Mozambique remain targeted this year.
• Accounting timing effects from trading (paper vs. physical settlement) created short-term earnings mismatches this quarter, but management says the underlying trading optimization and portfolio deliveries are value-accretive and will unwind over subsequent periods.
• Management emphasized long-term competitive advantages — disciplined capital allocation, tech-led Permian growth to ~1.8 million boe/d in 2026, enterprise systems rollout, and additional CCS capacity (~4 million tpa planned) — supporting durable cash flow and returns.

ExxonMobil Price Performance

XOM stock traded down $1.23 during midday trading on Friday, hitting $153.10. The company’s stock had a trading volume of 15,451,997 shares, compared to its average volume of 21,799,531. ExxonMobil has a 12 month low of $101.18 and a 12 month high of $176.41. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $636.38 billion, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 0.70 and a beta of 0.29. The company has a 50 day moving average of $154.98 and a two-hundred day moving average of $134.93.

ExxonMobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio is presently 61.58%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Galaxy Group Investments LLC bought a new position in shares of ExxonMobil during the 4th quarter valued at approximately $38,000. Safe Harbor Fiduciary LLC bought a new position in shares of ExxonMobil during the 4th quarter valued at approximately $48,000. Sfam LLC bought a new position in shares of ExxonMobil during the 4th quarter valued at approximately $63,000. Chapman Financial Group LLC bought a new position in shares of ExxonMobil during the 2nd quarter valued at approximately $65,000. Finally, Wealth Watch Advisors INC bought a new position in shares of ExxonMobil during the 3rd quarter valued at approximately $72,000. 61.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on XOM. Weiss Ratings reissued a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. HSBC boosted their target price on shares of ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a research report on Friday, March 20th. Royal Bank Of Canada boosted their target price on shares of ExxonMobil from $160.00 to $180.00 and gave the company a “sector perform” rating in a research report on Thursday, April 9th. Barclays increased their target price on shares of ExxonMobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Finally, Piper Sandler reduced their target price on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.55.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

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.