ExxonMobil (NYSE:XOM) Releases Earnings Results, Beats Expectations By $0.18 EPS

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

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 traded down $1.23 during trading on Friday, reaching $153.10. The company’s stock had a trading volume of 15,451,997 shares, compared to its average volume of 21,799,531. 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 fifty day simple moving average of $154.98 and a two-hundred day simple moving average of $134.93. ExxonMobil has a 1 year low of $101.18 and a 1 year high of $176.41. The company has a market cap of $636.38 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 0.70 and a beta of 0.29.

ExxonMobil Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is 61.58%.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. Company insiders own 0.03% of the company’s stock.

Institutional Trading of ExxonMobil

A number of hedge funds and other institutional investors have recently made changes to their positions in XOM. Fortis Capital Management LLC lifted its position in shares of ExxonMobil by 2.0% in the 4th quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company’s stock worth $434,000 after acquiring an additional 70 shares during the period. Wealthspire Retirement LLC lifted its position in shares of ExxonMobil by 1.2% during the 4th quarter. Wealthspire Retirement LLC now owns 6,291 shares of the oil and gas company’s stock worth $757,000 after buying an additional 72 shares during the period. Capital Planning Advisors LLC lifted its position in shares of ExxonMobil by 1.5% during the 4th quarter. Capital Planning Advisors LLC now owns 4,972 shares of the oil and gas company’s stock worth $598,000 after buying an additional 73 shares during the period. Colonial Trust Advisors lifted its position in shares of ExxonMobil by 0.4% during the 4th quarter. Colonial Trust Advisors now owns 20,188 shares of the oil and gas company’s stock worth $2,429,000 after buying an additional 77 shares during the period. Finally, Strategic Planning Inc. lifted its position in shares of ExxonMobil by 0.3% during the 4th quarter. Strategic Planning Inc. now owns 28,103 shares of the oil and gas company’s stock worth $3,382,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on XOM. Mizuho raised their price target on shares of ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. Piper Sandler decreased their price target on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Citigroup raised their price target on shares of ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, UBS Group reaffirmed a “buy” rating and issued a $171.00 price target on shares of ExxonMobil in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $161.55.

ExxonMobil News Roundup

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.