Exxon Mobil stock holds near $160 after Q2 miss
Published on 08/18/2026 at 08:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Exxon Mobil stock held near $160 after the company posted second-quarter adjusted earnings of $3.52 per share on July 31, 2026, with revenue of $114.53 billion. The latest figures also show $23.6 billion in operating cash flow and $17.2 billion in free cash flow, keeping the balance sheet and dividend story central for investors.
Q2 numbers set the tone
The quarter gave a clear comparison: adjusted EPS of $3.52 fell short of the $3.56 consensus, while revenue of $114.53 billion topped the $109.94 billion estimate. Net margin came in at 8.88%, and return on equity was 13.14% in the same report.
That mix matters because Exxon Mobil is still producing cash at a scale that supports capital spending and shareholder returns. The company also reported earnings of $14.5 billion and adjusted earnings of $14.7 billion, its strongest quarterly profit level in roughly four years.
Trading stays firm
Shares closed at $161.46 on August 17, 2026, after opening at $160.08, and the market value stood at $663.52 billion. The stock also traded at a 2026 level that sits well above the $142.00 low in the published rating data and below the $200.00 high, with analyst pricing centered at $169.32.
That price setup gives the stock a clear reference range: a close at $161.46 versus an average target of $169.32, while the latest quarter showed revenue growth and a small EPS shortfall. For investors, the larger question is whether cash generation can keep offsetting the earnings miss.
Mozambique remains a key project
Exxon Mobil's Rovuma LNG development in Mozambique is one of the most visible pieces of its longer-cycle growth plan, and recent contract awards keep that project moving. The company also remains tied to Permian Basin infrastructure and LNG expansion, two themes that continue to shape the investment case.
Stock view
Exxon Mobil stock ended the latest session at $161.46 on August 17, 2026, with a quoted market capitalization of $663.52 billion. The dividend line also stayed active, with a $1.03 quarterly payout and an ex-dividend date of August 17, 2026.
More on Exxon Mobil stock
Exxon Mobil (NYSE: XOM) is a global integrated energy company with upstream, downstream, and chemicals operations.
Company details
Company: Exxon Mobil Corporation
ISIN: US30231G1022
Ticker: XOM
Exchange: NYSE
Price (as of August 17, 2026, 4:00 p.m. ET): $161.46 USD
Market cap: $663.52 billion (as of August 17, 2026)
Sector / Industry: Energy / Oil, Gas and Consumable Fuels
Index membership: S&P 500
