Erste Group Bank Raises Earnings Estimates for Exxon Mobil

Exxon Mobil Corporation (NYSE:XOM) – Equities researchers at Erste Group Bank raised their FY2026 EPS estimates for shares of Exxon Mobil in a research report issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now anticipates that the oil and gas company will post earnings per share of $7.61 for the year, up from their prior forecast of $7.07. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.43 per share. Erste Group Bank also issued estimates for Exxon Mobil’s FY2027 earnings at $8.67 EPS.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping 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 analysts’ expectations of $77.98 billion. During the same period last year, the company posted $1.67 EPS. The business’s revenue was down 1.3% on a year-over-year basis.

A number of other brokerages also recently issued reports on XOM. BNP Paribas Exane downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective on the stock. in a research report on Tuesday, February 3rd. Barclays lifted their price objective on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research note on Friday, March 27th. Citigroup lifted their price objective on shares of Exxon Mobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, TD Cowen lifted their price objective on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average target price of $152.42.

Exxon Mobil Trading Down 4.7%

Shares of XOM stock opened at $156.18 on Wednesday. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock’s 50 day simple moving average is $154.00 and its two-hundred day simple moving average is $130.93. The company has a market cap of $650.76 billion, a PE ratio of 23.35, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. Exxon Mobil’s payout ratio is presently 61.58%.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was 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 owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Institutional Trading of Exxon Mobil

Large investors have recently modified their holdings of the company. Maryland State Retirement & Pension System lifted its holdings in shares of Exxon Mobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after purchasing an additional 5,573 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of Exxon Mobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock valued at $27,857,000 after purchasing an additional 14,233 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares during the last quarter. HORAN Wealth LLC lifted its holdings in shares of Exxon Mobil by 78.3% in the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares during the last quarter. Finally, New Age Alpha Advisors LLC grew its position in shares of Exxon Mobil by 5.6% during the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after acquiring an additional 8,853 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Exxon said higher oil & gas prices from the Iran war could lift Q1 upstream earnings by as much as $2.9B, a near‑term earnings tailwind that supports cash flow and dividends. Exxon signals Q1 upstream profit bump
• Positive Sentiment: Exxon’s helium position (LaBarge) and recent analyst estimate increases (Erste raising FY2026/27 EPS) create structural upside outside oil — a diversification positive if helium/LNG tightness persists. Analyst estimates/LaBarge helium
• Neutral Sentiment: Wolfe Research maintained a Buy but trimmed its price target modestly (from $158 to $153), a small analyst move that partly tempers buy-side conviction. Wolfe Research price target change
• Negative Sentiment: Exxon disclosed ~6% of global Q1 production was knocked out by Middle East conflict (assets in Qatar/UAE affected), directly cutting volumes and near-term revenue. Exxon sees 6% output shut
• Negative Sentiment: Company warnings estimate upstream earnings hit of $300M–$500M and energy products (downstream) impacts up to ~$300M in Q1, adding earnings uncertainty despite oil price strength. Q1 hit warning
• Negative Sentiment: Operational downtime: planned spring and year‑end overhauls at the 612k bpd Beaumont, TX refinery add short‑term refining downtime and margin risk. Beaumont refinery overhauls
• Negative Sentiment: Market/technical pressure: a tentative break below the 50‑day moving average and the broader sector pullback after a US‑Iran ceasefire lifted general equities (which reduced the oil-risk premium) have prompted traders to trim energy positions. Technical/50-day MA story

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.