XOM Exxon Mobil Corporation

Stock NYSE Energy

US$163.36 -3.49% Latest close

Exxon Mobil Corporation (XOM) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 9 comparable calls have settled; 55.6% reached the published sell target. Information only, not financial advice.

Mid-channel, rising on both timeframes

Price is between the two trend lines. Nothing to act on yet.

The next few months are read from the last 9 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (52% against 82%). The last 12 months stay as context: rising, +50% a year. The target of US$170.59 sits above the nearest ceiling (US$170.38, from the last 9 months), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$157.54 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.

9 months read from
US$157.54 – US$170.38 Rising channel, +27% a year
12 months
US$145.28 – US$170.67 Rising channel, +50% a year
Position in that channel
45% 0% at the floor, 100% at the ceiling

What broke this trend

The fall
-20% from US$170.2730 Mar 2026 → 29 June 2026
Whose problem it was
This company1 of 3 Oil & Gas Integrated peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
85%of what it lost
What the record says
91% of 840 comparable falls came back, typically in 61 days measured across every stock we hold history for, its peer group being too small

The trend broke in March 2026: price fell 20% from 170.27 to 136.03 by June 2026, and has regained 85% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: “Winner's Hedge — Big Oil Locks Profits Regardless Of Whether War Ends Tomorrow”. Falls like it have resolved: falls of about 20% here have come back to the old high 91% of the time (840 comparable falls), typically in 61 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it.

Reported at the time: Winner's Hedge — Big Oil Locks Profits Regardless Of Whether War Ends Tomorrow — 25 Mar 2026

Price history, with the path projected 3 months forward

US$100.0US$120.0US$140.0US$160.0US$180.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$152.3 · est. 21 Sept 26Our target US$170.6 · est. 19 Oct 26
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$152.31

level as at 21 Sept 2026

Our target

US$170.59

by 19 Oct 2026

Projected move

12.0%

gross, before costs

Price sits between our buy level and our target.

The lines are drawn where this stock has actually turned: 4 touches on the ceiling, 4 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor — the least a call has to be worth to be worth making, not what it aims at — 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own — its average, its volatility — but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw — 58% against 71% — because it fits the past rather than the future. On this stock the setup has come up 16 times so far, reaching target 81% of the time. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 14% above the entry within 90 days, and of the sizes that path supports, 12% is the one that has returned the most per day of money tied up here — measured over the 12 times this entry has come up on this chart, reached 67% of the time, typically in 28 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out — those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

On this stock's own history these rules produced 9 settled calls, of which 5 reached target (55.6%), with an average best move of 9.5%. See the full record.

Upper line touches
4
Lower line touches
4
Fit confidence
82%
Fitted
15 Sept 2026

About Exxon Mobil Corporation

Exxon Mobil Corporation is a global energy firm that undertakes the exploration and extraction of oil and natural gas resources across its domestic operations and international territories. The company organizes its vast activities into three primary divisions: Upstream, Downstream, and Chemical. Beyond resource acquisition, Exxon Mobil is deeply engaged in the manufacturing, commercial trading, logistical transportation, and marketing of crude oil, natural gas, refined petroleum goods, a wide array of petrochemicals (including olefins, polyolefins, and aromatics), and other specialized chemical products. Furthermore, the company is actively developing solutions in carbon capture and storage, hydrogen, and biofuels. As of December 31, 2021, the corporation maintained approximately 20,528 net operational wells with verified reserves. Founded in 1870, Exxon Mobil's corporate headquarters are located in Irving, Texas.

Sector
Energy
Industry
Oil & Gas Integrated
CEO
Darren W. Woods
Employees
58,000
Country
US

https://corporate.exxonmobil.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.

Valuation
79/100
Profitability
36/100
Financial health
70/100
Cash generation
48/100

Key statistics

Market cap
US$633.85B
Enterprise value
US$665.63B
Beta
0.16
Avg volume
16.69M
Revenue per share
86.51
Dividend yield
2.67%
52-week range
105.53-176.41
Exchange
NYSE

Key ratios

P/E (TTM)
19.76
PEG
2.02
Price / sales
1.76
Price / book
2.46
EV / EBITDA
9.46
Gross margin
25.15%
Operating margin
10.71%
Net margin
9.07%
Current ratio
1.13
Quick ratio
0.85
Debt / equity
0.16
Interest cover
59.57

Income statement

YearRevenueGross profitOperating incomeNet incomeEPS
2025US$323.90BUS$70.23BUS$33.94BUS$28.84BUS$6.70
2024US$339.25BUS$76.74BUS$39.65BUS$33.68BUS$7.84
2023US$334.70BUS$84.14BUS$44.46BUS$36.01BUS$8.89
2022US$398.68BUS$103.07BUS$64.03BUS$55.74BUS$13.26
2021US$276.69BUS$64.89BUS$24.02BUS$23.04BUS$5.39

Balance sheet

YearTotal assetsTotal liabilitiesTotal equity
2025US$448.98BUS$182.35BUS$259.39B
2024US$453.48BUS$182.87BUS$263.70B
2023US$376.32BUS$163.78BUS$204.80B
2022US$369.07BUS$166.59BUS$195.05B
2021US$338.92BUS$163.24BUS$168.58B

Cash flow

YearOperating cash flowFree cash flowNet income
2025US$51.97BUS$23.61BUS$28.84B
2024US$55.02BUS$30.72BUS$33.68B
2023US$55.37BUS$33.45BUS$36.01B
2022US$76.80BUS$58.39BUS$57.58B
2021US$48.13BUS$36.05BUS$23.60B

EPS forecasts

PeriodEst. EPSEst. revenueAnalysts
2025US$7.00US$331.29B15
2026US$11.07US$377.62B8
2027US$10.55US$361.43B14
2028US$10.60US$366.62B7
2029US$11.84US$298.01B2
2030US$12.40US$302.96B4

Analyst view

Target (mean)
US$171.08
Target (high)
US$184.00
Target (low)
US$153.00
Strong buy
1
Buy
21
Hold
28
Sell
5

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.