Exxon Mobil stock gains on higher Q2 revenue and profits

Published on 09/07/2026 at 15:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Exxon Mobil stock stays driven by a strong Q2 2026 earnings set, a lower session close and a Hold consensus near a USD 167.45 target.

Massive oil refinery complex at night with multiple flare stacks burning brightly against a deep navy sky, distillation towers and industrial pipes illuminated by amber light, reflections on wet ground, photorealistic wide panoramic view — Exxon US30231G1022 zeigt eine riesige Raffinerie mit Schornsteinen und Flackerflammen bei dramatischer Nacht, Illustration mit AI erstellt.

Exxon Mobil stock (US30231G1022) closed at USD 159.47 on September 4, 2026 after a 1.69 percent drop, while the shares traded between USD 159.18 and USD 161.46 and carried a market capitalization of USD 661.24 billion.MarketBeat

Q2 revenue rose sharply

For Q2 2026, ExxonMobil posted revenue of USD 114.53 billion and EPS of USD 3.52, compared with USD 1.64 a year earlier and a consensus estimate of USD 3.56. That means revenue and earnings both remained at a very high level even as EPS missed the estimate by USD 0.04.MarketBeat

In the same quarter, net margin reached 8.88 percent and return on equity was 13.14 percent, giving investors a clearer read on the profit profile behind the top line.

Consensus stays cautious

MarketBeat lists a consensus rating of Hold and an average price target of USD 167.45, while Morgan Stanley lifted its target from USD 168.00 to USD 177.00 on August 19, 2026. The spread between the last close of USD 159.47 and the average target is USD 7.98.

Oil prices also added context on September 7, 2026, with Brent crude at USD 97.07 a barrel and WTI at USD 92.28, according to Reuters.

Dividend and yield

ExxonMobil also declared a quarterly dividend of USD 1.03 a share, payable on September 10, 2026, with an annualized payout of USD 4.12 and a yield of 2.6 percent. The ex-dividend date was August 17, 2026, and the payout ratio stood at 53.02 percent.MarketBeat

Mobil fuels the mix

The company still leans on its integrated model across upstream, refining and chemicals, and Mobil 1 remains one of its best-known consumer brands. That mix matters because the latest quarter paired USD 116.0 billion in total revenue and other income with USD 14.5 billion in net profit, showing how scale and margin both support the group.Reuters

Stock stays in range

At USD 159.47 on September 4, 2026, Exxon Mobil stock sat below its 52 week high of USD 176.41 and above its 52 week low of USD 108.35, with 15,942,898 shares changing hands. The gap to the high was USD 16.94, and the stock remained close to its 50 day moving average of USD 152.97.MarketBeat