| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 70 | 20.7x | 18.0x | Top tier | |
Growth | 40 | 8.6% | 7.1% | Around median | |
Quality | 53 | 8.8% | 4.5% | Around median | |
Safety | 87 | 0.5x | 2.6x | Top tier | |
Capital Return | 43 | 2.57% | 2.11% | Around median | |
Momentum | 79 | 40.1% | 3.0% | Top tier | |
Sentiment | 72 | 15 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Exxon Mobil Corporation operates across an integrated energy value chain that includes upstream oil and gas production, fuel refining and marketing within Energy Products, chemical manufacturing, and the production of base stocks, lubricants, and specialty products. The company benefits from linking production with refineries, trading, and supply chains, allowing it to redirect feedstocks and products when markets are disrupted; Energy Products' contribution to business-line earnings increased from approximately 9% to approximately 23% during the five years ended in Q2 FY2026. Key growth drivers include Guyana assets, Permian Basin production, the global refining portfolio, and products such as Mobil 1 and Proxxima.
In Q2 FY2026, ExxonMobil reported revenue of $116.0 billion, net income of $14.5 billion, and earnings per share of $3.48, compared with the latest other available quarterly period, which had revenue of $81.5 billion, net income of $7.1 billion, and earnings per share of $1.64. Cash flow from operations reached $23.6 billion, free cash flow exceeded $17 billion, net debt declined by more than $7 billion, while cash capital expenditures were approximately $7 billion and shareholder returns exceeded $9 billion through dividends and share repurchases.
The strength of Q2 FY2026 came from several businesses despite the temporary loss of approximately 10% of upstream production due to the Middle East conflict. Outside the region, the company achieved its highest upstream production volumes in more than two decades, the Permian exceeded 1.8 million oil-equivalent barrels per day, and total Guyana production reached approximately 900 thousand barrels per day. Chemical product margins also increased by approximately 180% from Q1 FY2026, Specialty Products achieved its best base-stock margins and its highest quarterly and adjusted first-half earnings, while refineries recorded second-quarter diesel production at record levels.
The analyst consensus is Neutral, with an average price target of $171.17 and a relatively wide range between $153 and $184. The average target is below the 52-week range high of $176.41, while the highest target exceeds that peak and the lowest target remains above the low of $108.35; this dispersion reflects a balance between strong cash flows and growth in Guyana and the Permian versus the role of cyclical margins and geopolitical and operational risks.
Figures in the text are as of 2026-08-26; the live price is shown at the top of the page.
The company reported revenue of $116.0 billion, net income of $14.5 billion, and earnings per share of $3.48 in Q2 FY2026. Cash flow from operations reached $23.6 billion, while free cash flow exceeded $17 billion. The results were supported by record upstream volumes outside the Middle East, record diesel production, an approximately 180% increase in chemical product margins from Q1 FY2026, and record Specialty Products earnings.
Total Guyana production reached approximately 900 thousand barrels per day in Q2 FY2026, with FPSO reliability exceeding 98%. The partnership recovered its $55 billion in investments and operating costs approximately two years earlier than expected, even without the impact of higher prices. Management expects free cash flow in 2030 to reach double the 2025 level, but on August 24, 2026 it faced a temporary shutdown at one site following a fire whose duration of impact had not been determined.
The Permian achieved record production exceeding 1.8 million oil-equivalent barrels per day in Q2 FY2026. The company drilled 83 four-mile horizontal wells during the first half, benefiting from its remote operations center in Houston, real-time data, and artificial intelligence and machine-learning technologies. In August 2026, Targa Resources and ExxonMobil entered into 20-year service agreements covering gathering, processing, and transportation in the Delaware and Midland basins, with three new processing plants and a 70-mile pipeline included in Targa's expansion.
Automated analysis for informational purposes only — not investment advice.
Management estimated that the closure of the strait removed approximately 3 million barrels per day of refining capacity, alongside the suspension of China's exports and the loss of approximately 1 million barrels per day of Russian capacity. U.S. Gulf Coast refineries operated at reliability exceeding 95% in Q2 FY2026 and recorded record diesel production. The company's global jet fuel and diesel production also increased 15% during the three years preceding the call, but the return of disrupted capacity could pressure elevated margins.
Cumulative structural cost savings reached $16.3 billion from 2019 through Q2 FY2026, and the company targets $20 billion by 2030. Management said estimated annual cash operating expenses in 2026 were approximately equal to the 2019 level despite business expansion and inflation. Scheduled maintenance operations also achieved a 30% improvement in cost and a 60% improvement in duration compared with the previous cycle, while supply-chain optimization tools helped avoid approximately $750 million in annual disruption costs.
Risks include the temporary loss of approximately 10% of upstream production during Q2 FY2026 due to the Middle East conflict, alongside shipping and supply-chain constraints. In Guyana, the August 24, 2026 fire caused a temporary production suspension at a site whose damage and shutdown duration had not been determined. Other risks include potential European taxes on windfall refining profits and the possibility of margin declines if disrupted refining capacity and exports return to the market.
