Neal Dingmann of Truist Financial recently set a new price target for Exxon Mobil Corporation (NYSE:XOM), a leading player in the global energy sector. With a rich history in oil and gas exploration and production, Exxon Mobil has been a significant figure in the energy industry, facing both market highs and lows alongside its competitors. Dingmann's price target of $124 suggests an optimistic outlook on the company's stock, despite a recent downgrade from Buy to Hold. This adjustment reflects a nuanced view of Exxon Mobil's current position and future prospects in the market.
At the time of Dingmann's announcement, Exxon Mobil's shares were trading at $113.97. This price point indicates an 8.8% upside potential to reach the newly set target. Such a forecast underscores a belief in Exxon Mobil's ability to grow or maintain its value in the near future. However, the downgrade to Hold signals a cautious stance, suggesting that while growth is anticipated, significant uncertainties or limitations may temper the company's stock performance.
In the backdrop of this financial analysis, Exxon Mobil's operational and strategic decisions continue to draw attention from investors and stakeholders alike. Vanguard, a major investment firm, recently expressed its support for Exxon Mobil's director nominees at the company's annual meeting. This endorsement from Vanguard, despite raising concerns about Exxon's legal actions against climate activists, highlights the complex interplay between corporate governance, environmental responsibility, and shareholder rights. Such dynamics are increasingly relevant in evaluating Exxon Mobil's position within the energy sector, especially as environmental scrutiny intensifies.
The company's stock performance, with a recent increase to close at $113.97, reflects ongoing investor interest and market movements. Over the past year, Exxon Mobil's shares have seen highs and lows, reaching up to $123.75 and dipping to $95.77, showcasing the volatility and risks inherent in the energy market. With a market capitalization of approximately $511.26 billion and a trading volume around 13.1 million shares, Exxon Mobil remains a heavyweight in the industry, navigating through market fluctuations and strategic challenges.
This financial and operational context sets the stage for understanding the implications of Dingmann's price target and the downgrade of Exxon Mobil's stock. As the company continues to address environmental concerns, shareholder rights, and market expectations, its stock performance will be a key indicator of its ability to adapt and thrive in the evolving energy landscape.
Symbol | Price | %chg |
---|---|---|
YPFD.BA | 39875 | -0.25 |
XOM.MX | 2089 | -0.48 |
2222.SR | 24.78 | 0 |
TGSU2.BA | 6780 | 1.47 |
Exxon Mobil Corporation, listed as NYSE:XOM, is a major player in the energy sector, focusing on oil, gas, and chemical operations. The company is known for its extensive global reach and significant influence in the industry. It competes with other energy giants like Chevron and BP. Recently, Roger Read from Wells Fargo set a price target of $127 for XOM, suggesting a potential increase of 17.19% from its current price of $108.37.
The recent JP Morgan Energy, Power, Renewables & Mining Conference, held on June 24, 2025, provided Exxon Mobil with a platform to discuss its strategies and developments. Jack P. Williams, the Senior Vice President, represented the company. This event is crucial for Exxon Mobil as it focuses on expanding its presence in power, renewables, and mining sectors, areas that are increasingly important in the energy landscape.
At the time of the conference, XOM's stock price was $108.37, showing a slight increase of 0.03, or approximately 2.77%. The stock has experienced fluctuations, with a daily low of $107.70 and a high of $109.24. Over the past year, XOM's stock has seen a high of $126.34 and a low of $97.80, indicating its volatility in the market.
Exxon Mobil's market capitalization is approximately $467 billion, reflecting its substantial size and influence in the energy sector. The trading volume of 17.47 million shares highlights the active interest in the company's stock. As the company continues to participate in significant industry events and discussions, it remains a key player to watch in the evolving energy market.
TD Cowen raised its price target on Exxon Mobil (NYSE:XOM) to $128 from $120 while maintaining a Buy rating, emphasizing the company’s strategic differentiation through advanced technology deployment and improved earnings visibility.
The firm noted that Exxon is increasingly positioning itself more like an industrial equity, leveraging innovation to boost resource recovery and enhance its deal-making flexibility. Recent developments supporting the bullish view include better-than-expected synergy potential from the Pioneer Natural Resources acquisition, the possibility of an arbitration ruling in the Hess deal within the next 90 days, and regulatory-dependent progress on the Baytown hydrogen project.
TD Cowen continues to list Exxon as a Top Pick, with the higher price target reflecting stronger near-term earnings. The firm’s valuation is anchored on a net present value model of free cash flow, using 2030 as the terminal year, underscoring confidence in Exxon’s ability to deliver durable value amid a shifting energy landscape.
Exxon Mobil Corporation (NYSE:XOM) is a leading player in the oil and gas industry, known for its extensive operations in the exploration, production, and distribution of petroleum products. As a major energy company, Exxon competes with other industry giants like Chevron and BP. On May 28, 2025, Piper Sandler updated its rating for Exxon to "Hold," with the stock trading at $102.12 at the time.
Despite Piper Sandler's "Hold" rating, Wall Street analysts maintain a generally optimistic view of Exxon. The company has an average brokerage recommendation (ABR) of 1.85, indicating a position between Strong Buy and Buy. Out of 26 brokerage firms, 16 have rated Exxon as a Strong Buy, representing 61.5% of all recommendations. This positive sentiment could influence investor decisions.
Exxon's current stock price is $102.12, reflecting a 1.4% decrease or $1.4 drop. The stock has fluctuated between $101.80 and $104.43 today. Over the past year, it has reached a high of $126.34 and a low of $97.80. These fluctuations are common in the stock market and can be influenced by various factors, including analyst ratings and market sentiment.
Exxon Mobil's market capitalization is approximately $440.1 billion, highlighting its significant presence in the energy sector. The company's trading volume for the day is 12.1 million shares, indicating active investor interest. As a major player on the New York Stock Exchange, Exxon's performance is closely watched by investors and analysts alike.
Exxon Mobil Corporation (NYSE:XOM) is a leading entity in the energy sector, focusing on the exploration, production, and sale of crude oil, natural gas, and petrochemicals. The company operates through its Upstream, Downstream, and Chemical segments, and is also involved in carbon capture, hydrogen, and biofuels. Exxon Mobil competes with other energy giants like Chevron and BP.
The consensus price target for Exxon Mobil has shown a slight upward trend over the past year. Last year, the average price target was $133.4, which increased to $134 last quarter. This suggests a modest positive sentiment among analysts regarding the company's future performance. However, the recent dip to $130 last month indicates some caution or market adjustments.
Exxon Mobil's recent earnings reports have been a focal point for analysts. The company surpassed Wall Street's profit expectations for the first quarter, driven by increased oil and gas production from Guyana and the Permian Basin. Despite this, profits experienced a 6% decline due to weaker oil prices, as highlighted by CNBC. Morgan Stanley has set a price target of $103 for Exxon Mobil, reflecting their analysis of the company's future performance amidst these market conditions.
Exxon Mobil's efforts in carbon capture, hydrogen, and biofuels are gaining attention as the world shifts towards more sustainable energy sources. These initiatives could influence future price targets as they may open new revenue streams. However, the company's substantial investments in carbon capture technologies are not expected to significantly impact short-term financial results, as petroleum remains the primary revenue source.
Global economic conditions, geopolitical tensions, and changes in energy policies can affect Exxon Mobil's stock performance and, consequently, analysts' price targets. The company's upcoming Q1 2025 earnings report is generating mixed sentiment among analysts, with price targets ranging from $93 to $144, and a median target of $126. Investors should keep an eye on upcoming earnings reports and any strategic moves by the company in the renewable energy sector.
Exxon Mobil Corporation (NYSE:XOM) is a leading entity in the energy sector, focusing on the exploration, production, and sale of crude oil, natural gas, and petrochemicals. The company operates through its Upstream, Downstream, and Chemical segments, and is also involved in carbon capture, hydrogen, and biofuels. Exxon Mobil competes with other energy giants like Chevron and BP.
The consensus price target for Exxon Mobil has shown a slight upward trend over the past year. Last year, the average price target was $133.4, which increased to $134 last quarter. This suggests a modest positive sentiment among analysts regarding the company's future performance. However, the recent dip to $130 last month indicates some caution or market adjustments.
Exxon Mobil's recent earnings reports have been a focal point for analysts. The company surpassed Wall Street's profit expectations for the first quarter, driven by increased oil and gas production from Guyana and the Permian Basin. Despite this, profits experienced a 6% decline due to weaker oil prices, as highlighted by CNBC. Morgan Stanley has set a price target of $103 for Exxon Mobil, reflecting their analysis of the company's future performance amidst these market conditions.
Exxon Mobil's efforts in carbon capture, hydrogen, and biofuels are gaining attention as the world shifts towards more sustainable energy sources. These initiatives could influence future price targets as they may open new revenue streams. However, the company's substantial investments in carbon capture technologies are not expected to significantly impact short-term financial results, as petroleum remains the primary revenue source.
Global economic conditions, geopolitical tensions, and changes in energy policies can affect Exxon Mobil's stock performance and, consequently, analysts' price targets. The company's upcoming Q1 2025 earnings report is generating mixed sentiment among analysts, with price targets ranging from $93 to $144, and a median target of $126. Investors should keep an eye on upcoming earnings reports and any strategic moves by the company in the renewable energy sector.
Exxon Mobil Corporation (NYSE:XOM) is a leading player in the energy sector, involved in the exploration and production of crude oil and natural gas, as well as the transportation and marketing of petroleum products. On January 31, 2025, Exxon reported an earnings per share (EPS) of $1.72, which was below the estimated $1.77. The company also generated revenue of approximately $84.34 billion, falling short of the anticipated $86.33 billion.
Despite the revenue miss, ExxonMobil's fourth-quarter 2024 performance showed resilience. The company achieved an EPS of $1.72, surpassing the Zacks Consensus Estimate of $1.55, as highlighted by Zacks. This positive earnings surprise was driven by record production levels from operations in Guyana and the Permian Basin, as well as high-value product sales. However, these gains were partially offset by reduced base volumes due to divestments, scheduled maintenance, and weaker commodity price realizations.
ExxonMobil's production reached 4.33 million oil equivalent barrels per day in 2024, marking its highest level in over a decade. This strong production contributed to the company's ability to maintain a net income of $7.61 billion, or $1.72 per share, which exceeded analyst estimates. However, the company's total quarterly revenues of $83.4 billion fell short of the expected $87.1 billion and decreased from the prior year's $84.3 billion.
The company's operational efficiencies resulted in a free cash flow of $8 billion, significantly surpassing analyst estimates of $6.6 billion, although this was a decrease of nearly 30% compared to the previous year. ExxonMobil's financial metrics, such as a price-to-earnings (P/E) ratio of approximately 13.71 and a debt-to-equity ratio of 0.25, indicate a conservative use of debt and a solid market valuation of its earnings. Despite the mixed results, ExxonMobil remains a major player in the energy sector.
Exxon Mobil Corporation (NYSE:XOM) is a leading player in the energy sector, involved in the exploration and production of crude oil and natural gas, as well as the transportation and marketing of petroleum products. On January 31, 2025, Exxon reported an earnings per share (EPS) of $1.72, which was below the estimated $1.77. The company also generated revenue of approximately $84.34 billion, falling short of the anticipated $86.33 billion.
Despite the revenue miss, ExxonMobil's fourth-quarter 2024 performance showed resilience. The company achieved an EPS of $1.72, surpassing the Zacks Consensus Estimate of $1.55, as highlighted by Zacks. This positive earnings surprise was driven by record production levels from operations in Guyana and the Permian Basin, as well as high-value product sales. However, these gains were partially offset by reduced base volumes due to divestments, scheduled maintenance, and weaker commodity price realizations.
ExxonMobil's production reached 4.33 million oil equivalent barrels per day in 2024, marking its highest level in over a decade. This strong production contributed to the company's ability to maintain a net income of $7.61 billion, or $1.72 per share, which exceeded analyst estimates. However, the company's total quarterly revenues of $83.4 billion fell short of the expected $87.1 billion and decreased from the prior year's $84.3 billion.
The company's operational efficiencies resulted in a free cash flow of $8 billion, significantly surpassing analyst estimates of $6.6 billion, although this was a decrease of nearly 30% compared to the previous year. ExxonMobil's financial metrics, such as a price-to-earnings (P/E) ratio of approximately 13.71 and a debt-to-equity ratio of 0.25, indicate a conservative use of debt and a solid market valuation of its earnings. Despite the mixed results, ExxonMobil remains a major player in the energy sector.