Nkcfo LLC Makes New $3.92 Million Investment in ExxonMobil Corporation $XOM

Key Points

• Nkcfo LLC bought a new position in ExxonMobil, acquiring 32,600 shares valued at about $3.92 million, which represents roughly 1.1% of the firm's holdings and is its 21st largest position.
• Exxon beat Q1 adjusted estimates — reporting $1.16 EPS (vs. $0.98 expected) and $83.16 billion revenue, aided by higher upstream production (record Guyana output) and first LNG at Golden Pass, although GAAP net income fell due to Iran‑related disruptions and management warned oil prices may climb.
• The company declared a quarterly dividend of $1.03 (annualized $4.12) with an ex‑dividend date of May 15 and a yield of about 2.7%.

Nkcfo LLC bought a new position in ExxonMobil Corporation (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 32,600 shares of the oil and gas company's stock, valued at approximately $3,923,000. ExxonMobil accounts for approximately 1.1% of Nkcfo LLC's holdings, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in XOM. Midwest Capital Advisors LLC acquired a new stake in shares of ExxonMobil during the fourth quarter worth approximately $27,000. Key Capital Management INC acquired a new stake in shares of ExxonMobil during the fourth quarter worth approximately $28,000. Westfuller Advisors LLC acquired a new stake in shares of ExxonMobil during the third quarter worth approximately $30,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of ExxonMobil during the fourth quarter worth approximately $32,000. Finally, DecisionPoint Financial LLC boosted its holdings in shares of ExxonMobil by 968.0% during the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock worth $32,000 after purchasing an additional 242 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company's stock, valued at $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 11,460 shares of company stock valued at $1,687,854 over the last 90 days. Company insiders own 0.03% of the company's stock.

Key Headlines 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

Analysts Set New Price Targets

Several research firms recently commented on XOM. Wolfe Research cut shares of ExxonMobil from an "outperform" rating to a "peer perform" rating in a report on Tuesday, April 21st. Zacks Research upgraded shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 21st. Sanford C. Bernstein decreased their price target on shares of ExxonMobil from $142.00 to $137.00 and set an "outperform" rating for the company in a report on Monday, January 5th. Bank of America raised their price target on shares of ExxonMobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a report on Monday, March 2nd. Finally, Scotiabank raised their price target on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a "sector outperform" rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, ExxonMobil presently has an average rating of "Moderate Buy" and a consensus price target of $161.55.

ExxonMobil Trading Down 0.8%

NYSE:XOM opened at $153.10 on Friday. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The firm has a market cap of $636.38 billion, a price-to-earnings ratio of 25.82, a P/E/G ratio of 0.69 and a beta of 0.19. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company's 50 day moving average is $154.98 and its 200-day moving average is $135.09.

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

ExxonMobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a $1.03 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil's dividend payout ratio (DPR) is currently 61.58%.

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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