XOM Earnings Surprise Streak + WSJ Nvidia surpass + Insti/Options/Shale/PTs/Helium Ahead of Q3
Key Questions
What is Exxon Mobil's (XOM) recent stock performance?
XOM stock is at $165, up 60% over the past year and 11% in March, outperforming the S&P amid an oil rally. It reached near record highs but shows some cracks forming according to recent analysis.
What are the analyst price targets for XOM?
Price targets include UBS at $171 (Buy reiterated), Bernstein at $195 (Buy maintained), CitiTD at $175, PiperGS at $186, with consensus at $152. These reflect optimism from helium upside, shale growth, and high oil prices.
How is helium production boosting Exxon Mobil?
Helium from LaBarge adds +$119M EBITDA, boosted by supply disruptions from Middle East conflicts and Iran tensions. UBS reiterated Buy on expected helium supply gains.
What options activity indicates for XOM?
On April 7, options volume hit 87k with 1.32M open interest, 65% calls, signaling positive outlook. Monitor $170–$140 levels for near-term price action as call OI exceeds puts.
How has XOM outperformed Nvidia recently?
According to WSJ, Exxon passed Nvidia by a key metric in March amid oil surges. This highlights XOM's strength in energy amid high WTI at $115.
What production growth supports XOM's bull case?
Shale output rose +240kbpd at $115 WTI, reinforcing bullish outlook with Permian, Guyana, and breakeven under $35. This drives FY25 earnings projection of $28.8B.
What is Exxon Mobil doing with share buybacks?
XOM continues Pioneer buybacks to offset shares issued in the $59.5B acquisition. Plans may accelerate if oil prices stay high, supporting shareholder value.
What institutional activity is seen in XOM?
Institutions show mixed interest, with FSA Wealth Partners buying 1,821 shares. Overall, positive flows align with helium edge, debt deals, and high oil prices.
XOM $165 +60% past yr/11% Mar beating S&P with oil rally/helium upside/options Apr7 87k vol/1.32M OI calls65%; PTs UBS$171/Bernstein$195/CitiTD$175/PiperGS$186 cons$152; insti mixed; shale +240kbpd $115 WTI reinforcing bull/hedge/Pioneer buybacks. Permian/Guyana/breakeven<$35 lead FY25 $28.8B earnings/helium LaBarge boost +$119M EBITDA.