ExxonMobil stock heads toward October results after strong Q2

Published on 10/06/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ExxonMobil stock heads toward its October 30 results after Q2 revenue reached USD 114.5 billion, up 44 percent year over year. GAAP earnings totaled USD 14.5 billion.

ExxonMobil, US30233Q1085, Illustration mit AI erstellt.

ExxonMobil stock is heading toward its October results after the company reported USD 14.5 billion in GAAP earnings for Q2 2026. ExxonMobil also generated USD 23.6 billion in operating cash flow during the quarter, according to ExxonMobil in its investor materials.

Revenue rises 44 percent

Q2 revenue reached USD 114.5 billion, up 44 percent from USD 79.5 billion in Q2 2025, while net income excluding extra items increased from USD 7.1 billion to USD 14.5 billion. These figures were reported for the quarter ended June 30, 2026, and show that higher energy prices and operating performance amplified the comparison with the prior-year period.

The latest quarter also included USD 6.8 billion in cash capital expenditures and more than 1.8 million oil-equivalent barrels per day of Permian production, according to ExxonMobil. The operating cash figure matters because it gives the company room to fund projects and shareholder distributions across changing commodity conditions.

Wall Street stays near Hold

MarketBeat reports a Hold consensus from 25 analysts, including 14 Hold ratings and 11 Buy ratings. The average 12-month target is USD 164.78, with a high of USD 200.00 and a low of USD 90.00.

On October 1, 2026, Wells Fargo reaffirmed Equal Weight and set a USD 182.00 target, as reported by MarketBeat. At the October 6 price of USD 164.69, that target is 10.51 percent above the stock, while the consensus target is 0.05 percent above the same price.

Q3 date sets the next checkpoint

ExxonMobil's Q3 2026 results are scheduled for October 30, 2026, before market opening, according to MarketBeat. The next report will test whether the Q2 earnings and cash-flow profile is carrying into the second half of the year.

ExxonMobil stock trades at USD 164.69

ExxonMobil was trading at USD 164.69 on the NYSE on October 6, 2026, at 11:30 a.m. ET, up 0.42 percent on the session. The price sat within a 52-week range of USD 110.39 to USD 176.41, while market capitalization stood at USD 682.6 billion and volume reached 2,081,645 shares.