Exxon Mobil Corporation (XOM) gets a PT increase at Mizuho as the company updates estimates


Exxon Mobil Corporation (NYSE:XOM) is included among the

13 Best Roth IRA Stocks to Buy Now.

Exxon Mobil Corporation (XOM) gets a PT increase at Mizuho as the company updates estimates
Exxon Mobil Corporation (XOM) gets a PT increase at Mizuho as the company updates estimates

On February 4, Mizuho raised its price recommendation on Exxon Mobil Corporation (NYSE:XOM) to $140 from $132. The firm reiterated a neutral rating on the stock. The update followed the company’s fourth-quarter report, which prompted the company to review its financial model.

Exxon posted $28.8 billion in earnings by 2025 and generated $52 billion in operating cash flow. These figures again placed it at the head of the sector. Since 2019, earnings per share have grown at a compound annual rate of 21%, while operating cash flow has increased at an annual rate of 10%. For a company the size of Exxon, that kind of growth is remarkable.

Production has been a big part of the story. The company reached 4.7 million barrels of oil equivalent per day, the highest production level in more than four decades. Records were set in the Permian Basin and offshore Guyana, where Exxon has concentrated capital in high-margin barrels. The years of constant investment in these regions are now clearly visible in the numbers.

Cost discipline also played a role. Exxon delivered $3 billion in structural savings last year, bringing total savings from 2019 to $15.1 billion. Management noted that this exceeds the combined total achieved by other international oil companies during the same period.

Exxon Mobil Corporation (NYSE:XOM) remains one of the leading integrated energy players globally. Its operations extend to the exploration, production and refining of oil and gas. The company also produces fuels, petrochemicals, lubricants and specialty plastics, while allocating capital to lower-emitting businesses such as carbon capture and lithium development.

While we recognize XOM’s potential as an investment, we believe certain AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

READ THE FOLLOWING: 12 Unstoppable Dividend Stocks to Buy According to Analysts i List of Dividend Champions, Contenders and Challengers: 15 Highest Yielding Stocks

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