Why Exxon Mobil (XOM) Stock Is Up Today

Exxon Mobil (XOM) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied mainly to stronger crude prices and growing investor positioning ahead of ExxonMobil’s second-quarter 2026 earnings report on July 31. This could also be because investors are giving more weight to the company’s recently improved long-term profit and cash-flow outlook, which reinforces the view that ExxonMobil can benefit when commodity markets tighten.

Details:

Crude prices have stayed elevated in July, and energy shares have been moving higher with oil as traders continue to price in supply risk and a tighter market backdrop.

ExxonMobil is scheduled to report second-quarter 2026 results and host its earnings call on Friday, July 31, which can draw buying when investors expect strong upstream realizations.

In its latest corporate plan update, ExxonMobil raised its 2030 earnings-growth and cash-flow-growth targets without increasing capital spending, signaling confidence in returns and execution.

ExxonMobil’s first-quarter 2026 release highlighted strong underlying upstream performance, record Guyana production, and continued large-scale share repurchases, all of which support a bullish setup into earnings.

Sources:

ExxonMobil, AP News, Kiplinger

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$XOM Insider Trading Activity

$XOM insiders have traded $XOM stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $XOM stock by insiders over the last 6 months:

DARRIN L TALLEY (VP - Corp Strategic Planning) has made 0 purchases and 5 sales selling 11,460 shares for an estimated $1,687,836.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$XOM Hedge Fund Activity

We have seen 1,743 institutional investors add shares of $XOM stock to their portfolio, and 2,389 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 11,518,718 shares (+3.7%) to their portfolio in Q1 2026, for an estimated $2,001,166,459
STATE STREET CORP added 8,790,138 shares (+4.3%) to their portfolio in Q1 2026, for an estimated $1,527,125,617
FMR LLC added 8,288,753 shares (+6.3%) to their portfolio in Q1 2026, for an estimated $1,440,019,149
CAPITAL INTERNATIONAL INVESTORS removed 8,047,851 shares (-33.5%) from their portfolio in Q1 2026, for an estimated $1,398,166,835
BANK OF AMERICA CORP /DE/ removed 6,668,553 shares (-8.9%) from their portfolio in Q1 2026, for an estimated $1,158,539,049
GOLDMAN SACHS GROUP INC added 5,848,882 shares (+22.3%) to their portfolio in Q1 2026, for an estimated $1,016,136,212
CAPITAL WORLD INVESTORS added 5,651,424 shares (+117.9%) to their portfolio in Q1 2026, for an estimated $981,831,498

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$XOM Congressional Stock Trading

Members of Congress have traded $XOM stock 6 times in the past 6 months. Of those trades, 3 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $XOM stock by members of Congress over the last 6 months:

REPRESENTATIVE JAMES A. HIMES sold up to $50,000 on 07/20.
REPRESENTATIVE MATTHEW VAN EPPS sold up to $15,000 on 06/16.
SENATOR ALAN ARMSTRONG sold up to $15,000 on 03/27.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $100,000 on 02/10.
REPRESENTATIVE JOSH GOTTHEIMER has traded it 2 times. They made 2 purchases worth up to $30,000 on 02/04, 02/02 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$XOM Analyst Ratings

Wall Street analysts have issued reports on $XOM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wells Fargo issued a "Overweight" rating on 02/02/2026

To track analyst ratings and price targets for $XOM, check out Quiver Quantitative's $XOM forecast page.

$XOM Price Targets

Multiple analysts have issued price targets for $XOM recently. We have seen 17 analysts offer price targets for $XOM in the last 6 months, with a median target of $170.0.

Here are some recent targets:

Nitin Kumar from Mizuho set a target price of $170.0 on 07/09/2026
Jason Gabelman from TD Cowen set a target price of $155.0 on 07/02/2026
Devin McDermott from Morgan Stanley set a target price of $168.0 on 06/29/2026
Jean Ann Salisbury from B of A Securities set a target price of $154.0 on 06/16/2026
Betty Jiang from Barclays set a target price of $182.0 on 05/26/2026
Bob Brackett from Bernstein set a target price of $182.0 on 05/11/2026
Biraj Borkhataria from RBC Capital set a target price of $180.0 on 05/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.