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Exxon Mobil Corporation ($XOM) Stock Forecast: Down 1.2% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Exxon Mobil Corporation?

Exxon Mobil Corp (XOM) is a multinational oil and gas corporation headquartered in Irving, Texas. It is one of the largest publicly traded companies by market capitalization in the world.

Why is Exxon Mobil Corporation going down?

XOM stock is down 1.2% on Jun 4, 2025 15:20

  • In the current oil market environment, Exxon Mobil (XOM) faced significant downward movement.
  • Concerns arose among investors regarding XOM's future profitability and strategic direction after the company's announcement of selling its French refining assets to North Atlantic.
  • Despite some investors showing optimism about XOM's prospects through bullish options trading sentiment, the sale of major assets cast a shadow on this positivity.
  • The comparison of XOM with energy companies like Shell and Occidental Petroleum, which performed well, may have contributed to XOM's market underperformance.

XOM Price Chart

XOM Technical Analysis

XOM News

Shell, Occidental Petroleum And Exxon Mobil Rise In Monday Premarket: What's Going On? - Occidental Petroleum ( NYSE:OXY ) , Chevron ( NYSE:CVX )

During the pre-market trading session on Monday, Shell PLC SHELL and Occidental Petroleum Corp OXY climbed 1.75% and 1.41%, respectively, whereas Exxon Mobil Corp XOM and Chevron Corp CVX climbed 0.88% and 0.85%, each oil prices witnessed more than 3% surge on Monday.

https://www.benzinga.com/markets/equities/25/06/45716769/shell-occidental-petroleum-and-exxon-mobil-rise-in-monday-premarket-whats-going-on

0 News Article Image Shell, Occidental Petroleum And Exxon Mobil Rise In Monday Premarket: What's Going On? - Occidental Petroleum  ( NYSE:OXY ) , Chevron  ( NYSE:CVX )

ExxonMobil Plans to Sell French Refining Assets to North Atlantic

XOM is set to sell its French refining assets to North Atlantic, retaining Esso retail and specialty operations. The deal is expected to be closed in Q4 2025.

https://www.zacks.com/stock/news/2478783/exxonmobil-plans-to-sell-french-refining-assets-to-north-atlantic

1 Missing News Article Image ExxonMobil Plans to Sell French Refining Assets to North Atlantic

Exxon Mobil Options Trading: A Deep Dive into Market Sentiment - Exxon Mobil ( NYSE:XOM )

Whales with a lot of money to spend have taken a noticeably bullish stance on Exxon Mobil. Looking at options history for Exxon Mobil XOM we detected 12 trades. If we consider the specifics of each trade, it is accurate to state that 58% of the investors opened trades with bullish expectations ...

https://www.benzinga.com/insights/options/25/05/45653464/exxon-mobil-options-trading-a-deep-dive-into-market-sentiment

2 News Article Image Exxon Mobil Options Trading: A Deep Dive into Market Sentiment - Exxon Mobil  ( NYSE:XOM )

ExxonMobil To Sell Key French Assets To North Atlantic France - Exxon Mobil ( NYSE:XOM )

ExxonMobil to sell 82.89% stake in Esso SAF, deal may close by end-2025. ExxonMobil to retain brand licensing, crude supply, and retail site operations in France. Get stock picks, daily rankings, and pro-level trading tools in one powerful platform-now 60% off for Memorial Day. ExxonMobil Corp.

https://www.benzinga.com/news/asset-sales/25/05/45652300/exxonmobil-to-sell-key-french-assets-to-north-atlantic-france

3 News Article Image ExxonMobil To Sell Key French Assets To North Atlantic France - Exxon Mobil  ( NYSE:XOM )

OMVKY vs. XOM: Which Stock Should Value Investors Buy Now?

OMVKY vs. XOM: Which Stock Is the Better Value Option?

https://www.zacks.com/stock/news/2478416/omvky-vs-xom-which-stock-should-value-investors-buy-now

4 Missing News Article Image OMVKY vs. XOM: Which Stock Should Value Investors Buy Now?

Exxon Mobil Corporation Price History

10.08.2024 - XOM Stock was down 5.0%

  • ExxonMobil's decision to exit the race for the Namibia oil block stake may have disappointed investors, leading to a bearish sentiment.
  • The forecasted slow earnings growth for XOM might have contributed to the negative market movement, testing investors' patience.
  • Despite the partnership with ADNOC on a low-carbon hydrogen project, the overall market sentiment towards XOM seems to be overshadowed by concerns about future growth and value compared to its competitors.

07.02.2025 - XOM Stock was up 5.1%

  • Experienced a strong bullish movement today.
  • The bullish trend could be attributed to securing an LNG export extension for the Golden Pass Project, providing more time to begin exports from the $10B Texas project.
  • Bullish options activity by deep-pocketed investors indicates positive sentiment towards XOM, contributing to the upward movement in the stock price.
  • Despite the recent decline in oil prices and larger-than-expected U.S. crude inventory build, the positive developments related to the Golden Pass LNG project seem to have outweighed the negative factors, driving the bullish momentum in Exxon Mobil's stock.

04.05.2025 - XOM Stock was down 1.2%

  • In the current oil market environment, Exxon Mobil (XOM) faced significant downward movement.
  • Concerns arose among investors regarding XOM's future profitability and strategic direction after the company's announcement of selling its French refining assets to North Atlantic.
  • Despite some investors showing optimism about XOM's prospects through bullish options trading sentiment, the sale of major assets cast a shadow on this positivity.
  • The comparison of XOM with energy companies like Shell and Occidental Petroleum, which performed well, may have contributed to XOM's market underperformance.

26.05.2023 - XOM Stock was up 1.3%

  • Exxon Mobil Co. (NYSE:XOM) had a strong bullish movement today.
  • The increase in holdings and stake by Lion Street Advisors LLC, National Bank of Canada FI, Transcend Capital Advisors LLC, and IronBridge Private Wealth LLC may have contributed to the bullish movement.
  • The recent drop in energy stocks and the potential rise in demand for energy may have also played a role in the bullish movement.
  • Investors seeking reasonable valuations, slow and steady growth, and healthy yield may find Exxon Mobil Co. (NYSE:XOM) to be a good investment option.

11.09.2023 - XOM Stock was down 5.2%

  • The bearish movement in XOM's stock today can be attributed to the following factors:
  • 1. Acquisition Deal: ExxonMobil's announcement of a $59.5 billion all-stock deal to acquire Pioneer Natural Resources could have caused a negative sentiment among investors. Such large-scale acquisitions often raise concerns about the financial implications and potential integration challenges.
  • 2. Dominance in US Oilfields: The acquisition of Pioneer Natural Resources would make ExxonMobil the largest producer in the largest U.S. oilfield. While this may seem like a positive development, the market might be reacting to the potential risks associated with such dominance, including regulatory scrutiny and increased competition.
  • 3. Geopolitical Tensions: The CEO of Pioneer Natural Resources, Scott Sheffield, mentioned that oil prices could surge if Iran enters the war between Israel and Hamas. Geopolitical tensions and the potential disruption of global crude supplies can create uncertainty in the oil market, impacting the stock price of oil companies like ExxonMobil.
  • 4. Market Reaction: The market's response to the acquisition deal and the overall geopolitical situation might have led to a bearish sentiment, causing a decline in XOM's stock price.
  • Overall, the bearish movement in XOM's stock today can be attributed to concerns surrounding the acquisition deal, potential risks of dominance in the US oilfields, and geopolitical tensions impacting the oil market.

09.03.2025 - XOM Stock was down 5.2%

  • The bearish movement in XOM today can be attributed to the overall plunge in oil prices, driven by trade war tariffs and an OPEC+ supply surge.
  • The comparison between SSL and XOM might have raised concerns among investors about XOM's value proposition, potentially contributing to the bearish trend.
  • The worries surrounding tariffs and their impact on energy giants like XOM could have added to the negative sentiment in the market.
  • Despite some bullish options trends highlighted, the prevailing macroeconomic factors seem to have outweighed any short-term optimism, leading to XOM's decline.

03.03.2025 - XOM Stock was down 5.0%

  • Increased bearish options activity on Exxon Mobil reflects negative investor sentiment.
  • Anticipation of lower quarterly earnings compared to the previous year may have impacted investor confidence and contributed to the bearish trend.
  • Reduction in trading volume for ExxonMobil's shares could have further pressured the stock price.
  • Overall, the combination of bearish options activity, lower earnings expectations, and reduced trading volume likely influenced the significant bearish movement of Exxon Mobil's stock today.

04.03.2025 - XOM Stock was down 6.6%

  • The bearish movement in XOM's stock price could be attributed to the projected sequential earnings bump not meeting market expectations, leading to a sell-off by investors.
  • The surge in bearish options activity by investors with significant capital might have added to the downward pressure on XOM's stock.
  • Analysts revising their forecasts downward ahead of Exxon Mobil's earnings call could have also contributed to the negative sentiment surrounding the stock.
  • The overall market sentiment towards energy stocks, combined with uncertainties in the oil and gas industry, might have further fueled the bearish trend in XOM's stock price today.

04.03.2025 - XOM Stock was down 5.6%

  • Exxon Mobil is expected to see an increase in earnings due to fluctuations in energy prices, although changes in industry margins could potentially negatively affect earnings from certain products.
  • Recent heightened activity in bearish options by investors might have influenced the downward movement of the stock.
  • Analysts have been lowering their forecasts in anticipation of the earnings call, potentially impacting investor confidence and contributing to the stock's bearish movement.
  • Investors focusing on monthly dividend income from Exxon Mobil stock could be adjusting their positions based on income expectations.

04.03.2025 - XOM Stock was down 7.6%

  • ExxonMobil (XOM) experienced a bearish movement today, despite positive expectations for Q1 earnings due to higher commodity prices.
  • The surge in bearish options activity by investors indicates a lack of confidence in the stock's future performance, contributing to the downward pressure on the stock price.
  • While ExxonMobil anticipates earnings boosts from energy price swings, the market may be reacting to concerns about industry margin shifts impacting chemical and specialty products earnings negatively.
  • The volume drop in ExxonMobil's shares suggests a lack of strong buying interest, potentially reflecting investor caution amidst market volatility and uncertainty.

03.02.2025 - XOM Stock was down 3.0%

  • The bearish movement in XOM's stock today could be attributed to the cancellation of Chevron's license in Venezuela by the Trump administration, impacting the overall sentiment in the oil and gas sector.
  • Despite the bullish options activity observed by deep-pocketed investors, the market may have reacted negatively to the geopolitical uncertainty surrounding oil production in Venezuela.
  • The awarding of a major deepwater seismic contract to Shearwater in Guyana by ExxonMobil might not have been enough to offset the broader negative sentiment in the industry, leading to the bearish movement in XOM's stock today.

10.03.2025 - XOM Stock was down 5.2%

  • Exxon Mobil (XOM) experienced a strong bearish movement today, declining more than the overall market.
  • The trade war tariffs and the plunge in oil prices to 4-year lows have negatively impacted XOM's stock price.
  • Trump's announcement of a 90-day pause on tariffs for non-retaliating countries boosted oil and gas stocks, but concerns about global energy markets and recession fears dragged XOM lower.
  • Investors are advised to keep a close watch on XOM and other energy giants like CVX amid the turbulent tariff-induced business environment.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.