SCP Investment LP Purchases New Stake in ExxonMobil Corporation $XOM

SCP Investment LP acquired a new position in ExxonMobil Corporation (NYSE:XOM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 10,188 shares of the oil and gas company’s stock, valued at approximately $1,226,000. ExxonMobil accounts for 1.0% of SCP Investment LP’s portfolio, making the stock its 27th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC raised its stake in ExxonMobil by 6.6% during the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after buying an additional 14,233 shares during the period. New Age Alpha Advisors LLC grew its stake in ExxonMobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock valued at $18,778,000 after acquiring an additional 8,853 shares during the period. HORAN Wealth LLC increased its holdings in shares of ExxonMobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after acquiring an additional 5,788 shares in the last quarter. Krilogy Financial LLC raised its position in shares of ExxonMobil by 46.6% during the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock worth $3,997,000 after purchasing an additional 11,177 shares during the period. Finally, Varma Mutual Pension Insurance Co lifted its holdings in shares of ExxonMobil by 8.6% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 655,303 shares of the oil and gas company’s stock valued at $73,885,000 after purchasing an additional 51,900 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Piper Sandler decreased their price objective on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Jefferies Financial Group lifted their price target on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Wells Fargo & Company upped their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Mizuho increased their price objective on shares of ExxonMobil from $159.00 to $175.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, Sanford C. Bernstein dropped their price objective on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $165.55.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher crude prices are supporting ExxonMobil shares, with oil jumping on renewed Middle East tension and uncertainty around Iran talks. That improves the earnings outlook for XOM’s upstream business and helped lift energy stocks broadly. Oil: Trump says peace talks are still on, but Iran says otherwise
• Positive Sentiment: ExxonMobil is reportedly weighing a return to Venezuela to secure new production rights, which would expand its access to one of the world’s largest oil reserves and could add long-term resource optionality. Exxon Mobil Weighs Venezuela Return And Valuation Upside For Investors
• Positive Sentiment: A Zacks report highlighted ExxonMobil’s expanding Permian Basin footprint and development techniques, saying the company is targeting 2.5 million boe/d of production by 2030, reinforcing its growth strategy. Here’s How the Permian Basin Is Fueling ExxonMobil’s Growth Strategy
• Positive Sentiment: Analyst sentiment remains supportive, with Mizuho raising its price target on ExxonMobil, adding to the bullish case for the stock. Analysts Get Bullish on Exxon Mobil (XOM)
• Neutral Sentiment: Broader market gains are modestly supportive, but the move in XOM appears more tied to oil prices and company-specific headlines than to the overall stock market. Stock Market News for Jun 2, 2026

ExxonMobil Stock Up 0.3%

Shares of ExxonMobil stock opened at $149.78 on Wednesday. The firm has a market cap of $620.84 billion, a PE ratio of 25.26, a P/E/G ratio of 0.65 and a beta of 0.16. The business’s 50 day simple moving average is $154.85 and its 200 day simple moving average is $140.51. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. ExxonMobil Corporation has a 52-week low of $101.73 and a 52-week high of $176.41.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.76 EPS. On average, analysts predict that ExxonMobil Corporation will post 11.49 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a dividend of $1.03 per share. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil’s dividend payout ratio is presently 69.48%.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.03% of the company’s stock.

ExxonMobil Profile

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.