Exxon Mobil stock rises as oil and Q2 revenue hold firm
Published on 09/02/2026 at 06:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Exxon Mobil stock (US30231G1022) gained as oil prices firmed and the group kept its second-quarter 2026 results in the foreground. On September 1, 2026, the stock was last traded at USD 164.55, up 2.2 percent, with a market capitalization of USD 682.05 billion.
Q2 figures stay central
For Q2 2026, Exxon Mobil reported revenue of USD 114.53 billion, up from USD 109.94 billion expected by analysts, while earnings per share came in at USD 3.52 versus USD 3.56 consensus. The same quarter a year earlier produced EPS of USD 1.64, so the year-over-year comparison remains sharp.
That mix matters because the company also reported a net margin of 8.88 percent and return on equity of 13.14 percent for the quarter. MarketBeat and other market-data pages tied the move to higher oil prices and a broader rotation into energy shares.
Oil helps the tape
On September 1, 2026, Reuters reported that Exxon Mobil and other Texas-linked refiners were adjusting operations as a storm approached, while crude benchmarks also moved higher. Reuters said Brent crude had gained 1.71 percent in the session, a backdrop that helped energy names hold up better than the wider market.
The stock action was not isolated. A later market wrap showed Exxon Mobil advancing 2.7 percent as energy shares benefited from firmer crude and geopolitical tensions.
Exxon Mobil details
Key data on Exxon Mobil stock, its quarterly numbers and the latest market move.
Dividend and production
Exxon Mobil also kept capital returns visible, with a quarterly dividend of USD 1.03 per share that was set to be paid on September 10, 2026. In the same Q2 2026 update, the company pointed to record production and about USD 17.2 billion in free cash flow, while cash capital expenditures came to USD 6.8 billion.
Those figures give investors a simple read: revenue was large, EPS beat the prior year by USD 1.88, and free cash flow was strong enough to support the dividend and buybacks. The market is still trading the stock against that combination of earnings power and cash generation.
Permian and LNG
Exxon Mobil's upstream and LNG assets remain the product story underneath the quarter. Q2 2026 production reached 4.514 million oil-equivalent barrels per day, and the company has continued to lean on the Permian Basin and LNG projects for long-duration output.
Stock level now
As of September 1, 2026, Exxon Mobil stock last traded at USD 164.55 after a 2.2 percent rise, with the market capitalization at USD 682.05 billion. The 52-week range and volume were not needed to read the move: the stock already had a clear earnings and oil-price backdrop.
Exxon Mobil stock facts
- Company: Exxon Mobil Corporation
- ISIN: US30231G1022
- Ticker: XOM
- Trading venue: NYSE
- Price (as of September 1, 2026, 4:04 PM ET): USD 164.55
- Market capitalization: USD 682.05 billion (as of September 1, 2026)
- Sector / Industry: Energy / Integrated Oil & Gas
- Index membership: S&P 500
