Rep. Michael Guest ExxonMobil Corporation (NYSE:XOM) Shares

Key Points

• Rep. Michael Guest purchased between $1,001 and $15,000 of ExxonMobil stock on July 2 through a trust account, according to a congressional disclosure filed August 14.
• ExxonMobil reported quarterly revenue of $114.53 billion, exceeding estimates, but earnings of $3.52 per share fell slightly short of consensus. The company also declared a $1.03 quarterly dividend, representing a 2.6% yield.
• Analysts maintain a consensus “Hold” rating with an average price target of $163.05, while ExxonMobil advances major growth projects, including its $1.1 billion Mozambique LNG contracts and long-term Permian Basin agreements with Targa Resources.

Representative Michael Guest (Republican-Mississippi) recently bought shares of ExxonMobil Corporation NYSE: XOM. In a filing disclosed on August 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in ExxonMobil stock on July 2nd. The trade occurred in the Representative's "TRUST - KF19" account.

ExxonMobil Price Performance

NYSE:XOM opened at $161.52 on Tuesday. The firm has a market capitalization of $669.49 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 0.63 and a beta of 0.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The business has a 50 day simple moving average of $147.19 and a 200-day simple moving average of $150.73. ExxonMobil Corporation has a 1 year low of $105.67 and a 1 year high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. During the same period in the prior year, the firm posted $1.64 EPS. Equities analysts forecast that ExxonMobil Corporation will post 11.86 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, August 17th. ExxonMobil's dividend payout ratio (DPR) is presently 53.02%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Impact Partnership Wealth LLC raised its stake in shares of ExxonMobil by 0.6% during the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company's stock valued at $2,039,000 after acquiring an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance grew its stake in ExxonMobil by 1.9% in the first quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company's stock worth $631,000 after purchasing an additional 68 shares in the last quarter. Core Wealth Advisors Inc. grew its stake in ExxonMobil by 1.0% in the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company's stock worth $1,155,000 after purchasing an additional 68 shares in the last quarter. ICW Investment Advisors LLC increased its holdings in ExxonMobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company's stock worth $3,043,000 after purchasing an additional 69 shares during the period. Finally, Swisher Financial Concepts Inc. increased its holdings in ExxonMobil by 0.3% during the 1st quarter. Swisher Financial Concepts Inc. now owns 27,402 shares of the oil and gas company's stock worth $4,649,000 after purchasing an additional 69 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil awarded approximately $1.1 billion in pre-investment contracts for upstream equipment at its Rovuma LNG Phase 1 project in Mozambique. The contracts indicate continued progress on a major international LNG development, although they also represent significant upfront investment before production and cash flow begin. ExxonMobil awards $1.1 billion in contracts for Mozambique's Rovuma LNG project
• Positive Sentiment: ExxonMobil and Targa Resources announced new 20-year, fee-based midstream agreements covering gathering, processing, NGL transportation and fractionation for ExxonMobil’s Permian Basin acreage. The arrangements provide greater infrastructure certainty for ExxonMobil’s planned production growth and could support more predictable long-term operating economics. Targa Resources announces 20-year agreements with ExxonMobil
• Positive Sentiment: Targa plans three new Delaware Basin gas-processing plants with combined capacity of roughly 825 million cubic feet per day, plus a 70-mile pipeline expected to enter service in 2028. These projects are designed to accommodate ExxonMobil’s anticipated Permian output growth and improve takeaway capacity. Targa Resources expands midstream agreements with ExxonMobil
• Neutral Sentiment: Commentary highlighted ExxonMobil’s efforts to expand beyond traditional oil and gas, including investments in lower-carbon and other energy businesses. The strategy may improve long-term diversification, but the article does not provide a new earnings forecast or immediate financial catalyst. Why Exxon Mobil is expanding beyond traditional oil and gas
• Neutral Sentiment: Market coverage pointed to geopolitical tensions involving Iran and the Strait of Hormuz as potential support for crude prices and oil producers such as XOM. However, the uncertain conflict outlook and limited immediate movement in crude make this a volatile, sentiment-driven factor rather than a company-specific catalyst. What Iran’s reported escalation plans mean for oil stocks

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Scotiabank lifted their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a "sector outperform" rating in a research note on Wednesday, April 22nd. Barclays dropped their price target on shares of ExxonMobil from $182.00 to $177.00 and set an "overweight" rating for the company in a research note on Monday. Citigroup reissued a "neutral" rating on shares of ExxonMobil in a research report on Wednesday, July 8th. HSBC set a $158.00 price objective on shares of ExxonMobil in a research note on Monday, August 3rd. Finally, Freedom Capital raised ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Ten investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $163.05.

About Representative Guest

Michael Guest (Republican Party) is a member of the U.S. House, representing Mississippi's 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027. Guest (Republican Party) ran for re-election to the U.S. House to represent Mississippi's 3rd Congressional District. He won in the general election on November 5, 2024. Guest received his bachelor's degree from Mississippi State University in 1992. He received his J.D. from the University of Mississippi in 1995. He served as an assistant district attorney for Madison and Rankin counties in Mississippi from 1995 to 2007. He was elected district attorney of these counties in 2007. In 2018, Guest defeated Michael Evans (D) to replace outgoing incumbent Gregg Harper (R).

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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