The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
XOM could benefit from WTI above $80 as low-cost Permian and Guyana production supports its exploration and production earnings.
Oil has become one of the clearest financial beneficiaries of the Iran war — and one of the biggest headaches for American drivers.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
ExxonMobil highlights resilient Q2 cash flow, a Guyana free-cash-flow inflection, record Permian output and refining strength amid disruption.
ExxonMobil delivers robust financials, with Q2 2026 revenue at $114.5B and net profit of $14.5B, yet shares trade flat due to market skepticism. Wall Street discounts XOM's current super-profits as cyclical, driven by geopolitical tensions, and applies a forward P/E of 13, reflecting expectations of normalization. XOM's diversified operations, low-cost extraction, and active buybacks ensure resilience and $30B+ annual net profit even at $60 oil, supporting long-term value.
Exxon Mobil (NYSE:XOM | XOM Price Prediction) posted its best underlying quarterly profit in four years, with shares hitting fresh highs.
Q2 upstream profits are nearly $14 billion vs. $36 billion for all of FY2022. Cost-cutting initiatives and advantaged asset growth have contributed to a more favorable profitability structure for XOM. Upstream segment remains the primary earnings driver.
XOM's Q2 earnings missed estimates, but strong production, oil prices and balance sheet strength support its outlook.
While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ellen Wald talks about Exxon Mobil's (XOM) strong refinery turnaround and Chevron's (CVX) earnings beat, explaining what drove the oil giants' latest results. She also discusses why energy companies are staying disciplined with spending and what investors should watch in the oil market going forward.
ExxonMobil NYSE: XOM reported second-quarter earnings of $14.5 billion and cash flow from operations of $23.6 billion, as the company said global supply disruptions and conflict in the Middle East tightened markets for energy, chemical and specialty products.