ExxonMobil Corporation (NYSE:XOM) to Issue Quarterly Dividend of $1.03

Key Points

• ExxonMobil announced a quarterly dividend of $1.03 per share (ex-dividend date May 15, payable June 10), implying a 2.7% yield.
• Q1 adjusted results beat estimates with EPS of $1.16 vs. $0.98 and revenue of $83.16 billion, driven by higher upstream production (including record Guyana output) and first LNG production at Golden Pass Train 1 supporting near-term growth.
• Despite the adjusted beat, reported GAAP net income fell sharply and management warned of Iran-related supply risks and regulatory/legal headwinds that could weigh on near-term volumes and investor sentiment.

ExxonMobil Corporation (NYSE:XOM - Get Free Report) announced a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 1.03 per share by the oil and gas company on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th.

ExxonMobil has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 42 consecutive years. ExxonMobil has a payout ratio of 52.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ExxonMobil to earn $10.39 per share next year, which means the company should continue to be able to cover its $4.12 annual dividend with an expected future payout ratio of 39.7%.

ExxonMobil Price Performance

XOM stock traded down $1.23 during midday trading on Friday, reaching $153.10. The company had a trading volume of 15,451,997 shares, compared to its average volume of 21,799,531. The firm has a 50-day moving average price of $154.98 and a 200-day moving average price of $134.93. The company has a market capitalization of $636.38 billion, a P/E ratio of 22.89, a P/E/G ratio of 0.70 and a beta of 0.29. ExxonMobil has a 1 year low of $101.18 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $83.16 billion for the quarter, compared to analysts' expectations of $81.13 billion. During the same quarter last year, the company posted $1.76 EPS. The business's quarterly revenue was up 2.4% on a year-over-year basis. On average, research analysts anticipate that ExxonMobil will post 11.18 earnings per share for the current fiscal year.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

ExxonMobil Company Profile

ExxonMobil Corporation NYSE: XOM is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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