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Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on Exxon Mobil Stock?

With a market cap of $569.2 billion, Exxon Mobil Corporation (XOM) is a global energy and chemical company engaged in the exploration, production, manufacturing, and sale of crude oil, natural gas, petroleum products, petrochemicals, and specialty products across the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments while also investing in lower-emission solutions such as carbon capture, hydrogen, and sustainable aviation fuel.

Shares of the Spring, Texas-based company have outperformed the broader market over the past 52 weeks. XOM stock has increased 24.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 13.9%. Moreover, shares of Exxon Mobil are up 12.1% on a YTD basis, compared to SPX's 1.5% gain.

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