ExxonMobil (NYSE:XOM) Stock Sale Disclosed by Rep. Pete Sessions

Key Points

• Rep. Pete Sessions disclosed selling ExxonMobil shares valued between $1,001 and $15,000 on October 14, along with sales of several other major-company stocks.
• ExxonMobil shares opened at $181.91, near their 12-month high of $184.88, while the company’s latest quarterly results showed $3.52 in EPS and $114.53 billion in revenue.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $167.70; higher oil prices, expected earnings strength and the dismissal of a potential $12 billion Kazakhstan liability are key positive developments.

Representative Pete Sessions (Republican-Texas) recently sold shares of ExxonMobil Corporation NYSE: XOM. In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in ExxonMobil stock on October 14th.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 10/28/2026.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 10/27/2026.
• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 10/21/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 10/21/2026.
• Sold $0 - $1,000 in shares of Resideo Technologies NYSE: REZI on 10/21/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 10/20/2026.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 10/15/2026.

ExxonMobil Price Performance

XOM stock opened at $181.91 on Thursday. The firm has a 50 day moving average of $166.99 and a 200-day moving average of $153.74. The firm has a market capitalization of $754.03 billion, a P/E ratio of 23.41, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $184.88. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). The firm had revenue of $114.53 billion during the quarter, compared to analysts' expectations of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter in the prior year, the company earned $1.64 earnings per share. As a group, sell-side analysts predict that ExxonMobil Corporation will post 13.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on XOM shares. JPMorgan Chase & Co. boosted their target price on ExxonMobil from $158.00 to $166.00 and gave the stock an "overweight" rating in a research report on Monday, August 3rd. Wells Fargo & Company lowered ExxonMobil from an "overweight" rating to an "equal weight" rating and set a $182.00 price objective for the company. in a report on Thursday, October 1st. Royal Bank Of Canada reiterated a "sector perform" rating and set a $180.00 target price (up from $160.00) on shares of ExxonMobil in a research report on Monday, September 21st. BMO Capital Markets lifted their price objective on shares of ExxonMobil from $160.00 to $170.00 and gave the stock a "market perform" rating in a report on Wednesday, August 12th. Finally, Zacks Research upgraded shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have given a Hold rating to the company's stock. Based on data from MarketBeat, ExxonMobil has an average rating of "Moderate Buy" and an average target price of $167.70.

Hedge Funds Weigh In On ExxonMobil

Hedge funds have recently modified their holdings of the company. GQG Partners LLC raised its stake in shares of ExxonMobil by 153.3% in the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company's stock worth $2,307,497,000 after buying an additional 10,214,420 shares during the period. Quantum Portfolio Management LLC bought a new position in shares of ExxonMobil during the 1st quarter valued at approximately $965,932,000. Arrowstreet Capital Limited Partnership purchased a new stake in ExxonMobil in the 1st quarter worth approximately $766,345,000. Diamant Asset Management Inc. increased its holdings in ExxonMobil by 17,312.4% in the 1st quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company's stock worth $370,514,000 after acquiring an additional 2,171,322 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in ExxonMobil by 5.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company's stock worth $4,812,790,000 after acquiring an additional 1,540,902 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher oil prices are lifting Big Oil profits. The Iran conflict has contributed to elevated crude prices, helping ExxonMobil and other integrated producers expand earnings. XOM has risen about 18% since February, while analysts expect the favorable commodity backdrop to support its third-quarter results. A Freaking Fortune: How the Iran War Rescued Big Oil's Bottom Line
• Positive Sentiment: Expectations are building ahead of the October 30 earnings report. Higher crude prices and stronger refining margins have led several analysts to forecast that ExxonMobil could exceed third-quarter earnings estimates. Options activity also points to potential post-earnings strength. Ahead of ExxonMobil Earnings
• Positive Sentiment: ExxonMobil avoided a potentially significant liability in Kazakhstan. A tribunal dismissed Kazakhstan’s approximately $12 billion Kashagan arbitration claim, removing the immediate risk of a large award against ExxonMobil and its partners. ExxonMobil Wins Dismissal of Kazakhstan’s Kashagan Claim
• Positive Sentiment: Production and supply-chain developments remain supportive. ExxonMobil and Citgo acquired Venezuelan crude for U.S. refining, while recent Guyana discoveries and production growth add to long-term cash-flow potential. State Street’s energy ETF also purchased an additional $26.1 million of XOM, signaling continued institutional demand. Exxon Mobil and Citgo Acquire Venezuelan Crude

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas' 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas' 17th Congressional District. He won in the general election on November 5, 2024. On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023. Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions' career experience includes working as an executive with AT&T.

About ExxonMobil

Exxon Mobil Corporation, doing business as ExxonMobil NYSE: XOM, is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.

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