XOM ExxonMobil Holdings Corp
What matters nowUpdated 3 h ago
- On October 1, 2026, Wells Fargo cut ExxonMobil to Equal Weight from Overweight with a $182 price target and upgraded BP to Overweight; the broker-moves report reads as a relative preference between two majors 1.
- XOM was at $174.59 on a pooled 24/7 venue price on October 13, up 1.53% from the $171.96 previous close, after its largest recent fall of -3.39% on September 16 (z-score -2.59), for which the Venezuela re-entry talks 2 and the Pioneer tender results 3 are the candidate causes.
- Operationally, the Stabroek block in Guyana passed 1 billion barrels of cumulative output on September 28, with installed capacity above 900,000 barrels per day 4, and ExxonMobil signed a 50/50 production-sharing agreement with SOCAR in Azerbaijan on September 26, operating the Middle Kura Basin project 5.
- On trailing twelve-month figures to June 30, 2026, revenue was $368.8 billion (up 9.1% year on year), EPS was $7.78 (up 10.5%), the net margin was 8.9% and the FCF margin 8.3%; the stock trades at 22.4 times earnings, 1.95 times sales and a 4.26% FCF yield on a $717.9 billion market cap, and no insider trades were recorded in the last 180 days.
- Next, Q3 2026 results are expected on October 30, 2026 (unconfirmed), Guyana's fifth FPSO is targeted for 4Q26 and Golden Pass LNG Train 2 for 2H26, and US CPI for September is due October 14; Polymarket puts an 81.5% chance on no Fed rate change at the October 2026 meeting and 17.5% on a 25 bp increase.
Newsquawk · Oct 1
Bloomberg Tax · Sep 16
ExxonMobil Investor Relations · Sep 15
ExxonMobil Guyana Newsroom · Sep 28
Trend News Agency · Sep 26
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| bybit perp XOMUSDT · just now | 174.68 | +0.08% | $3.1M | $226.5K | 0.0000% |
| binance perp XOMUSDT · just now | 174.40 | −0.08% | $498.8K | $77.8K | 0.0000% |
| bitget perp XOMUSDT · just now | 174.33 | −0.12% | $171.1K | $131.8K | 0.0000% |
| okx perp XOM-USDT-SWAP · just now | 174.30 | −0.13% | $90.4K | $35.3K | 0.0000% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Wells Fargo cuts ExxonMobil to Equal Weight and upgrades BP to Overweight
Wells Fargo lowered ExxonMobil to Equal Weight from Overweight on October 1, 2026, with a $182 price target.
Stabroek block in Guyana passes 1 billion barrels of cumulative output
ExxonMobil said its partners have produced 1 billion barrels of oil from the Stabroek block, less than seven years after first production in December 2019.
ExxonMobil and SOCAR sign 50/50 production-sharing deal in Azerbaijan
ExxonMobil and Azerbaijan's state energy company SOCAR signed a production-sharing agreement for exploration, development and production of unconventional oil and gas in the Middle Kura Basin.
ExxonMobil holds talks with Venezuela on re-entering heavy-oil fields
Bloomberg reported that ExxonMobil representatives went to Caracas to negotiate a return to Venezuela, seeking access to several heavy-oil fields.
Pioneer tender offers accept about $1.19 billion of 2030 and 2031 notes
Accepted tenders totaled $570.4 million of the 2030 notes at $888.49 per $1,000 principal and $615.6 million of the 2031 notes at $885.66 per $1,000 principal.
Pioneer subsidiary launches tender offers for $2.1 billion of 2030 and 2031 notes
ExxonMobil's subsidiary Pioneer Natural Resources Company offered to buy for cash any and all of its $1.1 billion 2030 1.900% notes and $1.0 billion 2031 2.150% notes.
TotalEnergies hands Papua LNG operatorship to ExxonMobil
TotalEnergies is transferring operatorship of Papua LNG to ExxonMobil, which already runs the neighboring PNG LNG plant, to capture construction and operating synergies.
ExxonMobil CFO Neil Hansen to speak at Barclays energy conference on Sept 9
ExxonMobil said CFO Neil Hansen would hold a fireside chat at Barclays' 40th Annual Energy-Power Conference in New York on September 9, 2026.
Fifth Guyana FPSO Errea Wittu reaches Guyanese waters
The Errea Wittu, the fifth floating production vessel for ExxonMobil's Uaru project offshore Guyana, was reported in Guyanese waters on August 20, based on vessel-tracking data.
Rovuma LNG partners award about $1.1 billion in pre-FID contracts
ExxonMobil Mozambique, on behalf of the Area 4 partners, awarded about $1.1 billion of pre-investment contracts for long-lead equipment for Rovuma LNG Phase 1 in Cabo Delgado.
ExxonMobil reports $14.5 billion Q2 profit, $3.48 per share, record Permian output
ExxonMobil reported second-quarter 2026 GAAP net income of $14.5 billion, or $3.48 per share, and adjusted earnings of $14.7 billion, or $3.52 per share, against $4.2 billion in the first quarter.
Bank of America downgrades ExxonMobil to Neutral, raises target to $158
BofA Securities cut its rating on ExxonMobil to Neutral from Buy and lifted its price target to $158 from $154.
ExxonMobil schedules second-quarter 2026 results for July 31
ExxonMobil said on July 21 that it would release second-quarter 2026 results on Friday, July 31, with the press release at 5:30 a.m.
ExxonMobil flags Middle East and liquids effects in 2Q26 earnings preview
ExxonMobil's July 7 earnings considerations filing gave ranges for the market and operational effects on second-quarter 2026 results.
ExxonMobil sets July 1 as planned effective date for Texas move
On June 22, 2026, ExxonMobil said its redomiciliation from New Jersey to Texas was expected to take effect July 1, 2026.