Exxon Mobil Corporation (XOM)
Coverage summary
Aardvark Labs Capital Research has covered Exxon Mobil Corporation (XOM) since August 2, 2025. The company is in the Energy sector. This page lists 6 reports: 6 earnings recaps.
The latest is the Q3 2026 Earnings Recap, published November 1, 2026. That report moved the rating from Hold to Underperform. The rating has changed 3 times since coverage began.
Translations: 5 in Chinese.
Rating history
All XOM reports
Recap: Q3 2026
A $9.1B Refining Quarter Clears Every Estimate, and the Stock Now Prices the Bull Case: Downgrading XOM to Underperform
Recap: Q2 2026
The Best Commodity Quarter in a Decade, and Still a Miss: Downgrading XOM to Hold on a Multiple That Requires the War to Continue
Recap: Q1 2026
Adjusted Earnings $8.8B (+$1.85B Q/Q) Through the Middle East Disruption — Underlying Franchise Stronger, Not Weaker: Maintaining Outperform
Recap: Q4 2025
Upgrading to Outperform: The December 9 Plan Re-Cut Is the Re-Rate Catalyst We Flagged in Q3, Q4 Confirms the Operational Setup, and Two of Three Original Hold-Anchors Are Now Resolved
Recap: Q3 2025
Maintaining Hold: A Record Permian Print and an Early Yellowtail Are the Right Operational Story; the Chemical Drag and the Unresolved 45V Question Keep Us From Upgrading
Recap: Q2 2025
Initiating Coverage at Hold: A Clean EPS Beat on a Record Upstream Print, Tempered by the Guyana Arbitration Loss and a Wobbling Baytown Hydrogen Project