Exxon Mobil (XOM) News Today

Exxon Mobil Corporation (XOM) stock is up today as investors react to a mix of bullish developments—including a higher price target, new project wins and insider buying—offsetting a recent sell-side downgrade.

• Positive Sentiment: Piper Sandler boosted its price target for Exxon Mobil to $145, reflecting increased confidence in the company’s mid-cycle cash flow and asset base. Piper Sandler Raises Price Target for Exxon Mobil (XOM) to $145
• Positive Sentiment: ExxonMobil secured exclusive rights to the UD-1 deepwater block in Trinidad & Tobago, bolstering its Caribbean offshore growth strategy. ExxonMobil Secures Vast Deepwater Block in Trinidad & Tobago
• Positive Sentiment: ExxonMobil signed a long-term agreement with Cerebre to accelerate its foundational digital backbone, aiming to drive plant-level efficiency through real-time intelligence. ExxonMobil and Cerebre Sign Long-Term Agreement to Accelerate Foundational Digital Backbone
• Positive Sentiment: Exxon and Chevron are nearing a landmark deal to unlock Algeria’s gas reserves, which could strengthen Europe’s energy security and expand XOM’s LNG footprint. Chevron & Exxon Near Landmark Deal to Unlock Algeria’s Gas Reserves
• Positive Sentiment: Rep. Lisa C. McClain disclosed a purchase of $1,001–$15,000 in XOM shares, a signal of insider confidence. Rep. Lisa C. McClain Purchases Shares of Exxon Mobil Corporation (NYSE:XOM)
• Positive Sentiment: MarketBeat’s bull case highlights Exxon’s Permian and Guyana growth, noting a consensus $125.84 price target and a 3.71% dividend yield. 3 Energy Stocks That Could Rally If the Oil Bears Are Wrong
• Neutral Sentiment: Exxon Mobil was named among the top oil stocks to consider by MarketBeat’s screener on August 16. Oil Stocks To Consider - August 16th
• Neutral Sentiment: MarketBeat also included XOM in its top lithium stocks to watch on August 16. Top Lithium Stocks To Watch Now - August 16th
• Neutral Sentiment: The company made MarketBeat’s top hydrogen stocks list on August 16 as well. Top Hydrogen Stocks To Follow Today - August 16th
• Neutral Sentiment: XOM was featured in MarketBeat’s oil stocks to research list on August 15. Oil Stocks To Research - August 15th
• Neutral Sentiment: It also appeared in MarketBeat’s promising lithium stocks to watch on August 15. Promising Lithium Stocks To Keep An Eye On - August 15th
• Neutral Sentiment: And in the hydrogen stocks to consider list on August 15. Hydrogen Stocks To Consider - August 15th
• Neutral Sentiment: Goldman Sachs maintained a ‘Neutral’ rating on XOM with a $117 price target, citing mixed sector dynamics. Goldman Sachs Maintains ‘Neutral’ Rating on Exxon Mobil Corporation (XOM) With $117 Price Target
• Negative Sentiment: Wall Street Zen downgraded Exxon Mobil from a “Hold” to a “Sell” rating in a recent report, pressuring near-term sentiment. Exxon Mobil (NYSE:XOM) Downgraded to Sell Rating by Wall Street Zen