Exxon Mobil stock rises as oil prices lift energy shares
Published on 08/31/2026 at 18:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Exxon Mobil Corporation (US30231G1022) stock opened at $156.88 on August 31, 2026, with a market cap of $650.26 billion and a 1-year range of $108.35 to $176.41. The stock was up 0.1% in one market snapshot and 3.05% in another early-session readout, while the immediate driver was higher oil prices after fresh U.S.-Iran strikes over the weekend.
Oil sets the tone
Recent trading linked Exxon Mobil's move to a broader energy bid rather than a company-specific filing. One report on August 31, 2026 said Chevron and Exxon Mobil rose 3% as WTI crude pushed above $86, and another market note said energy shares gained 1.5% while Exxon Mobil was up 1.5%.
That matters because Exxon Mobil's latest quarterly numbers already showed a mixed setup: earnings per share of $3.52 on July 31, 2026 came in $0.04 below the $3.56 consensus estimate, while revenue of $114.53 billion beat the $109.94 billion forecast.
What analysts are pricing
Brokerage consensus still points to a steady view of the stock, with 22 firms averaging a Hold rating and a 12-month target of $166.10 versus the last reported price of $156.88. Analysts also expect full-year EPS of $11.86, and that is higher than the quarterly run rate implied by the July 31, 2026 report.
The same report also put Exxon Mobil's net margin at 8.88% and return on equity at 13.14%, while the dividend stayed in the picture at $1.03 a quarter, or $4.12 annualized, for a 2.6% yield.
Cash flow still matters
For investors, the key comparison is simple: the stock's reported price of $156.88 sits $9.22 below the average target of $166.10, while the 200-day moving average at $151.88 keeps the chart close to a technically important band. A 1-year high of $176.41 also leaves room for traders to frame the current move against the earlier range.
Exxon fuel mix
Exxon Mobil remains an integrated oil and gas company spanning upstream production, refining, chemicals, and product marketing. That mix is why a move in crude can still feed directly into sentiment for the shares, even when the immediate catalyst is macro and not operational.
Shares and valuation
Exxon Mobil shares were reported at $156.88 in the latest market snapshot on August 31, 2026, and the company carried a market cap of $650.26 billion. The stock's Hold consensus and $166.10 average target keep valuation, oil prices, and the next earnings step in the same frame.
Fact box
Company: Exxon Mobil Corporation
ISIN: US30231G1022
Ticker: XOM
Exchange: NYSE
Price (as of August 31, 2026, 9:24 a.m. ET): $156.88 USD
Market cap: $650.26 billion (as of August 31, 2026)
Sector / Industry: Energy / Integrated Oil & Gas
Index membership: S&P 500
