Exxon Mobil Corporation (NYSE:XOM) Sees Large Drop in Short Interest

Exxon Mobil Corporation (NYSE:XOMGet Free Report) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 48,374,573 shares, a drop of 18.8% from the February 12th total of 59,561,175 shares. Based on an average daily trading volume, of 19,691,263 shares, the short-interest ratio is currently 2.5 days. Approximately 1.2% of the company’s shares are sold short. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 19,691,263 shares, the short-interest ratio is currently 2.5 days.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

  • Positive Sentiment: Barclays raised its price target on XOM to $163 and kept an Overweight rating, citing tighter oil market assumptions that support higher near‑term earnings expectations. Barclays Lifts PT
  • Positive Sentiment: Piper Sandler also lifted its target (reported by several outlets), calling Exxon one of the best large‑cap energy picks as supply tightness boosts upside potential. This reinforces buy-side momentum. Piper Sandler Raise
  • Positive Sentiment: Energy sector strength and rising oil (WTI briefly >$100) amid disruptions in the Strait of Hormuz are supporting integrated producers like Exxon, improving near‑term revenue and cash‑flow outlooks. Sector Update
  • Positive Sentiment: Multiple media pieces highlight XOM as a blue‑chip energy buy and note Exxon’s strong shareholder returns (large buybacks/dividend increases), which supports investor demand for the stock in a higher‑price environment. Fool Blue‑Chip Article
  • Positive Sentiment: Commentary from market strategists highlights Exxon as a top pick among dividend‑paying energy names if volatility continues; such endorsement can attract income‑seeking flows. YouTube Commentary
  • Neutral Sentiment: Exxon has re‑routed gasoline shipments (e.g., to Australia) to manage supply disruptions and announced plans to move its legal HQ to Texas — operationally sensible but not immediately earnings‑material. Company Operational Moves

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction 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 sale, 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 legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 13,380 shares of company stock valued at $1,871,484 in the last quarter. 0.03% of the stock is owned by insiders.

Hedge Funds Weigh In On Exxon Mobil

A number of hedge funds have recently added to or reduced their stakes in XOM. Berbice Capital Management LLC bought a new stake in Exxon Mobil during the fourth quarter worth $26,000. Midwest Capital Advisors LLC bought a new position in Exxon Mobil during the 4th quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in Exxon Mobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 187 shares during the last quarter. Key Capital Management INC bought a new stake in shares of Exxon Mobil in the 4th quarter worth $28,000. Finally, Westfuller Advisors LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter worth $30,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.7%

Shares of XOM traded up $1.16 during trading hours on Monday, reaching $157.28. The stock had a trading volume of 22,824,140 shares, compared to its average volume of 20,184,978. The firm has a 50-day simple moving average of $142.63 and a 200 day simple moving average of $125.07. Exxon Mobil has a 12 month low of $97.80 and a 12 month high of $159.60. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $655.33 billion, a price-to-earnings ratio of 23.51, a P/E/G ratio of 1.22 and a beta of 0.35.

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

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders 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 dividend yield of 2.6%. Exxon Mobil’s payout ratio is presently 61.58%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on XOM. UBS Group reissued a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Royal Bank Of Canada raised their target price on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Loop Capital set a $123.00 target price on Exxon Mobil in a report on Tuesday, February 3rd. Bank of America boosted their price target on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, Citigroup increased their price target on Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Hold” and an average target price of $147.06.

Check Out Our Latest Analysis on XOM

Exxon Mobil Company Profile

(Get Free Report)

Exxon Mobil 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.

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