Exxon Mobil Corporation (NYSE: XOM) has experienced notable fluctuations in its stock performance throughout 2025, reflecting both the company’s strategic initiatives and broader market dynamics.
As of February 22, 2025, Exxon Mobil’s stock is trading at $110.69 per share, marking a decline of approximately 1.16% from the previous close. The intraday high reached $112.16, while the low was $110.57. The latest trading volume stands at 14,709,985 shares.
In December 2024, Exxon announced plans to invest $140 billion into the Permian Basin, aiming to enhance earnings and return cash to shareholders. This decision followed a robust third-quarter performance and a $60 billion acquisition of Pioneer Natural Resources. Exxon expects $3 billion in cost savings from the Pioneer deal, which is 50% higher than previous estimates. The company projects over 30% returns from the Permian Basin investment by 2030 and plans $20 billion stock buybacks in 2025 and 2026.
In its latest earnings report, Exxon reported net earnings of $1.72 per share, with adjusted earnings at $1.67 per share, higher than the expected $1.55. However, revenue fell by 1.1% to $83.43 billion, missing the expected $86.33 billion. Weak refining margins resulted in a substantial decline in earnings from the energy products unit, which fell to $402 million from $1.3 billion in the previous quarter.
Analysts maintain a positive long-term outlook for Exxon Mobil. The average twelve-month stock price forecast for Exxon Mobil is $129.25, with a high forecast of $147.00 and a low forecast of $105.00.
By: Montana Newsroom staff
