Scotiabank Comments on Exxon Mobil FY2026 Earnings

Exxon Mobil Co. (NYSE:XOM) – Research analysts at Scotiabank issued their FY2026 earnings estimates for shares of Exxon Mobil in a report released on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the oil and gas company will post earnings per share of $7.95 for the year. Scotiabank has a “Sector Outperform” rating and a $145.00 price objective on the stock. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.95 per share.

Several other research analysts also recently commented on XOM. BMO Capital Markets boosted their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research note on Friday, October 4th. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a research report on Wednesday, October 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Thursday, December 12th. Mizuho lowered their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Finally, TD Cowen cut their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $128.74.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $106.54 on Friday. The stock has a fifty day moving average of $113.49 and a 200-day moving average of $115.64. The stock has a market capitalization of $468.25 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil has a 52 week low of $95.77 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the business earned $2.27 earnings per share.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a $0.99 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.72%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s payout ratio is 49.32%.

Institutional Investors Weigh In On Exxon Mobil

Large investors have recently modified their holdings of the company. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil in the 2nd quarter valued at about $35,000. Fairscale Capital LLC bought a new stake in Exxon Mobil in the second quarter worth approximately $39,000. Hershey Financial Advisers LLC acquired a new position in Exxon Mobil in the second quarter valued at approximately $46,000. Peterson Financial Group Inc. bought a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $51,000. Finally, Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter valued at $54,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.