Exxon Mobil stock gains 1.63 percent after Q2 earnings surge
Published on 09/24/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Exxon Mobil stock gained 1.63 percent to USD 161.28 on September 23, 2026, leaving the shares 8.58 percent below the 52-week high of USD 176.41. The move followed a second quarter in which earnings reached USD 14.5 billion, according to EnergyNow.
Q2 earnings reset the baseline
Exxon Mobil reported second-quarter 2026 operating cash flow of USD 23.6 billion and free cash flow of USD 17.2 billion, while adjusted earnings reached USD 14.7 billion, according to EnergyNow. The figures give the stock a stronger operating foundation than the share price alone suggests, but the earnings mix remains tied to refining margins and crude realizations.
Revenue came in at USD 114.53 billion for the quarter, versus the USD 109.94 billion analyst estimate. Adjusted earnings per share reached USD 3.52, missing the USD 3.56 consensus by USD 0.04, according to MarketBeat.
Legal risk recedes in Michigan
A US judge dismissed Michigan's antitrust lawsuit against Exxon Mobil, Chevron, BP, Shell and the American Petroleum Institute on September 23, 2026, as Reuters reported. The ruling removes one legal overhang from the company, although it does not change the earnings sensitivity to oil and fuel prices.
Stock stays below yearly high
Exxon Mobil stock was trading at USD 161.28 on the NYSE on September 23, 2026, up USD 2.59 from the prior close of USD 158.69. The 52-week range runs from USD 110.39 to USD 176.41, while market capitalization stood at USD 668.42 billion.
Exxon Mobil at a glance
- Company: Exxon Mobil Corporation
- Ticker: XOM
- Trading venue: NYSE
- Price (as of September 23, 2026): USD 161.28
- Market capitalization: USD 668,418,508,800 (as of September 23, 2026)
- 52-week range: USD 110.39-176.41 (as of September 23, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
