Exxon Mobil's Earnings and Outlook: Navigating Energy Sector Volatility

# Exxon Mobil Q3 Earnings Preview: Analyst Targets, Stock Performance, and Future Outlook

Discover what's driving Exxon Mobil's stock as it trades near $114.70 ahead of critical Q3 earnings. This podcast episode analyzes XOM's recent 7% year-to-date gain despite broader energy sector volatility and examines why major analysts like Wells Fargo have set bullish price targets up to $156. Learn how the energy giant's impressive shareholder returns and dividend strategy might offset declining oil prices, and why long-term projections suggest potential upside to $130+ despite near-term headwinds. Essential listening for energy sector investors watching EPS forecasts of $1.82 on expected revenue of $87 billion as Exxon navigates global commodity challenges through 2030.

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Episode Transcript

Speaker 1 (00:00):
Exxon Mobil shares are trading near one hundred fourteen United
States dollars and seventy cents as of Friday morning, October thirty,
first and the latest session saw a modest decline following
broader energy sector volatility. Trading volume for Exon Mobil has
hovered around eleven million shares per session, which is somewhat
below the average seen earlier this year, indicating that momentum

(00:22):
has cooled lately as investors await the third quarter results
set for release today. Market capitalization now stands close to
four hundred ninety billion United States dollars. Over the past
twelve months, Exxon Mobile shares are down about three and
four tens percent, but have posted a respectable year to
date gain of roughly seven percent. This fluctuation reflects a

(00:45):
mix of global macro pressures. Lower crude oil prices and
softer commodity demand heading into the final months of the
year have weighed on short term sentiment, although a sector
rally earlier in October gave the stock a lift as
geopolitical factors drove up crude benchmarks. Analysts have been mixed
but generally positive. Wells Fargo recently initiated coverage with a

(01:08):
high price target of one hundred fifty six United States dollars,
rating the stock overweight. Piper Sandler also raised its target
to one hundred forty five United States dollars, while Goldman
Sachs remained more cautious with a neutral stance and a
target of one hundred seventeen United States dollars. On average,

(01:28):
market analysts currently set the consensus price target at about
one hundred twenty seven United States dollars and classify Exon
Mobil as a moderate buy. Recent news puts focus squarely
on earnings. The consensus forecast is for the third quarter
earnings per share to come in around one dollar and
eighty two cents, down from last year's one dollar in

(01:51):
ninety two cents, with quarterly revenue expected near eighty seven
billion United States dollars. Exon Mobil delivered strong second quarter
results and returned over nine billion United States dollars to shareholders,
reinforcing its commitment to ongoing dividends and by bats. Despite
some technical signals turning negative and short term forecasts leading neutral,

(02:14):
long term projections for Exonmobil remain optimistic, with several models
predicting prices between one hundred and twenty to one hundred
and thirty four United States dollars this winter, and substantial
upside through twenty thirty