Erste Group Bank Weighs in on ExxonMobil FY2026 Earnings

ExxonMobil Corporation (NYSE:XOM) – Equities research analysts at Erste Group Bank issued their FY2026 earnings per share (EPS) estimates for shares of ExxonMobil in a report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel anticipates that the oil and gas company will post earnings of $11.60 per share for the year. The consensus estimate for ExxonMobil’s current full-year earnings is $11.93 per share.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The company had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. During the same period in the previous year, the company earned $1.64 EPS.

XOM has been the topic of several other research reports. Zacks Research downgraded shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. TD Cowen upped their price target on shares of ExxonMobil from $155.00 to $168.00 and gave the company a “buy” rating in a report on Friday, August 7th. Weiss Ratings raised ExxonMobil from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Wall Street Zen upgraded ExxonMobil to a “hold” rating in a research note on Saturday, September 5th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $182.00 price objective on shares of ExxonMobil in a research report on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, ExxonMobil currently has a consensus rating of “Hold” and an average price target of $167.45.

ExxonMobil Price Performance

Shares of ExxonMobil stock opened at $164.83 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $156.21 and a 200-day simple moving average of $152.89. The stock has a market capitalization of $683.22 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 1.02 and a beta of 0.18. ExxonMobil has a 1-year low of $110.39 and a 1-year high of $176.41.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio is presently 53.02%.

Institutional Trading of ExxonMobil

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Avant Capital LLC grew its stake in ExxonMobil by 0.6% during the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock worth $1,529,000 after buying an additional 65 shares during the last quarter. Impact Partnership Wealth LLC lifted its stake in ExxonMobil by 0.6% in the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock valued at $2,039,000 after buying an additional 67 shares during the last quarter. Cardinal Strategic Wealth Guidance boosted its holdings in shares of ExxonMobil by 1.9% in the first quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock valued at $631,000 after acquiring an additional 68 shares during the period. Core Wealth Advisors Inc. boosted its holdings in shares of ExxonMobil by 1.0% in the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock valued at $1,155,000 after acquiring an additional 68 shares during the period. Finally, ICW Investment Advisors LLC grew its position in shares of ExxonMobil by 0.3% during the fourth quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after acquiring an additional 69 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil said U.S. liquefied natural gas could represent roughly 30% of global LNG supply by 2030. Executives also described LNG fundamentals as healthy despite disruptions to current flows, reinforcing the long-term growth case for ExxonMobil’s gas portfolio. ExxonMobil executive sees US accounting for 30% of global LNG market by 2030
• Positive Sentiment: Engineering company Wood secured a five-year, $200 million construction-services contract from ExxonMobil PNG for brownfield work on the Papua New Guinea LNG project. The agreement indicates continued investment in ExxonMobil’s LNG infrastructure and could support future production capacity, although the direct earnings impact was not disclosed. Wood Lands $200 Million Contract for ExxonMobil’s PNG LNG Project

ExxonMobil Company Profile

Exxon Mobil Corporation, doing business as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and marketing of crude oil and natural gas. Its upstream operations support oil and natural gas production in multiple regions worldwide, while its downstream businesses refine crude oil into fuels and other petroleum products for commercial, industrial and consumer markets.

Through its product solutions businesses, ExxonMobil manufactures and markets lubricants, specialty fluids, petroleum-derived products and chemical products, including commodity and performance chemicals used in packaging, automotive components, construction materials and other industrial applications.