ExxonMobil (NYSE:XOM) Stock Price Down 3.6% – Should You Sell?

ExxonMobil Corporation (NYSE:XOM) was down 3.6% during mid-day trading on Friday . The stock traded as low as $141.97 and last traded at $146.5040. Approximately 28,529,679 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 22,535,307 shares. The stock had previously closed at $151.98.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Permian growth supports long‑term cash flow: Exxon is reporting record Permian output and has a target of ~2.5 Mboe/d by 2030, which underpins future earnings and free cash flow generation. Will ExxonMobil Leverage the Permian Basin for Long-Term Growth?
• Positive Sentiment: Analysts say the company remains well positioned: coverage notes that while shares are falling with oil, Exxon’s scale, balance sheet and integrated operations leave it better placed for long‑term gains. Exxon and Chevron Stocks Are Dropping. They’re in Better Shape Than They Look.
• Neutral Sentiment: Upcoming earnings: Exxon will report Q1 results on May 1 — a scheduled event that could re‑focus investors on fundamentals and cash flow rather than short‑term oil moves. ExxonMobil to Release First Quarter 2026 Financial Results
• Neutral Sentiment: Valuation and strategic moves remain under review: recent commentary highlights Exxon’s large market cap, diversified operations and continued investments in lower‑emission projects — factors that may temper volatility over time. A Look At Exxon Mobil (XOM) Valuation
• Negative Sentiment: Oil price collapse drove sector sell‑off: easing geopolitical risk — including comments that transit was “completely open” and reports of a cease‑fire — triggered a sharp fall in crude, which hit energy stocks broadly and pressured XOM. Why Is Exxon Mobil Stock Dropping Friday? Oil Sell-Off Hits Energy Names
• Negative Sentiment: Golden Pass LNG offer withdrawn: Exxon pulled offers to sell two initial LNG cargoes from the Golden Pass export plant, a move that could signal marketing/startup timing issues and adds a near‑term selling catalyst for the stock. Exxon withdraws offer to sell two initial Golden Pass LNG cargoes, sources say
• Negative Sentiment: Market narrative shifting as Middle East tensions ebb: commentary that the Iran conflict may be winding down reduced the “risk premium” in oil, increasing volatility and prompting profit‑taking in recently strong energy names. Why ExxonMobil Stock Dropped on Friday

Analyst Ratings Changes

Several analysts have issued reports on XOM shares. Scotiabank raised shares of ExxonMobil to a “strong-buy” rating in a report on Friday, March 27th. Morgan Stanley reduced their price target on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 price target on shares of ExxonMobil in a report on Wednesday, February 4th. Barclays upped their price target on shares of ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Finally, Piper Sandler cut their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $161.15.

ExxonMobil Trading Down 3.6%

The business’s 50-day moving average price is $155.04 and its two-hundred day moving average price is $132.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm has a market cap of $608.95 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 0.90 and a beta of 0.29.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.67 earnings per share. Equities analysts expect that ExxonMobil Corporation will post 7.43 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil’s dividend payout ratio is 61.58%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 5,000 shares of the company’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 transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On ExxonMobil

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank purchased a new stake in ExxonMobil during the fourth quarter worth approximately $7,625,063,000. Franklin Resources Inc. grew its stake in ExxonMobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after buying an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in ExxonMobil by 218.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock worth $155,696,000 after buying an additional 2,546,791 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in ExxonMobil by 18.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock worth $1,925,119,000 after buying an additional 2,465,410 shares during the period. Finally, Van ECK Associates Corp grew its stake in ExxonMobil by 334.4% during the fourth quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock worth $368,541,000 after buying an additional 2,357,467 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

About ExxonMobil

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.