Exxon's revenue rebounded from $79.5B in 2025Q2 to $114.5B in 2026Q2, with operating margin recovering to 15.9% and free cash flow reaching $18.5B in 2026Q3, suggesting the earnings base has strengthened materially.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue recovered to $114.5B in 2026Q2 from $79.5B in 2025Q2 and operating margin reached 17.0% in 2026Q3 versus 6.4% in 2026Q1, though this swing points to commodity-driven rather than structural margin expansion.
ExxonMobil's recent gains in Permian production are expected to boost overall production capacity and revenues, with a breakeven price below $40/bbl.
Geopolitical factors could drive oil prices above $110/bbl, significantly boosting Exxon's earnings.
A $20 billion share buyback program for 2026 and a solid dividend yield of approximately 2.6-3.5% provide attractive returns.
A ceasefire or reopening of the Strait of Hormuz could remove the 'war premium' from oil prices, potentially dropping them to $60-$70.
With a P/E ratio of around 22x, the stock may be overvalued, especially if oil prices decline.
Competitor BP is currently outperforming ExxonMobil, which could lead to investment reallocation.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 30, 2026 | $4.23+2.7% vs $4.12 | $113.2B+7.9% vs $104.9B |
Q3 2026 Jul 31, 2026 | $3.52-1.1% vs $3.56 | $116.0B+5.5% vs $109.9B |
Q2 2026 May 1, 2026 | $1.16+17.9% vs $0.98 | $85.1B+4.9% vs $81.1B |
Q1 2026 Jan 30, 2026 | $1.71+0.6% vs $1.70 | $82.3B+2.1% vs $80.6B |
The headline numbers for Exxon (XOM) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The AI trade is still running, but Wall Street's sharpest strategist says the real action has moved elsewhere. One industrial darling just dropped nearly 30% in a month, proving that the next safe harbor may not be safe at all.
Boston Trust Walden Corp bought a new position in shares of ExxonMobil Corporation (NYSE: XOM) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 468,722 shares of the oil and gas company's stock, valued at approximately $76,285,000. A number of other large
Chicago Partners Investment Group LLC increased its stake in ExxonMobil Corporation (NYSE: XOM) by 7.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,417 shares of the oil and gas company's stock after acquiring an additional 4,893 shares
Benchmark XOM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Exxon Mobil Corporation (XOM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $165.87 | $687.53B | 24.76 | -4.52% | 8.91% | 10.74% | 2.41% | |
| $212.61 | $423.43B | 32.07 | -4.64% | 11.95% | 13.89% | 3.23% | |
| $136.27 | $166.02B | 21.46 | 7.51% | 14.87% | 14.32% | 2.34% | |
| $44.53 | $116.6B | 2182.84 | 0.08% | 3.79% | 11.75% | 4.29% | |
| $99.09 | $276.27B | 16.52 | -6.13% | 10.18% | 17.89% | 2.87% | |
| $87.82 | $195.58B | 15.19 | -6.78% | 10.46% | 17.56% | 4.35% |
Exxon Mobil Corporation (XOM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Exxon Mobil Corporation (XOM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 30, 2026·SEC
Oct 16, 2026·SEC
Jul 1, 2026·SEC
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Exxon Mobil Corporation (XOM) stock FAQ — growth, dividends, profitability & financials explained
Exxon Mobil Corporation (XOM) reported $388.23B in revenue over the trailing twelve months. Revenue was $323.90B in fiscal year 2025. That is 177% more than the $116.73B of fiscal year 1996.
Exxon Mobil Corporation (XOM) revenue fell by 4.5% in fiscal year 2025, compared with the prior fiscal year.
Yes. Exxon Mobil Corporation (XOM) earned $40.62B in net income over the trailing twelve months (a 10.5% net margin).
Yes. Exxon Mobil Corporation (XOM) pays a dividend that yields 2.41% at the current price, a moderate yield.
Exxon Mobil Corporation (XOM) had a return on equity (ROE) of 10.7% in fiscal year 2025. That is in line with the market's typical 10-15%.
Exxon Mobil Corporation (XOM) generated $42.96B in free cash flow over the trailing twelve months.
