Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Position Status | Return(%)* |
|---|---|---|---|---|---|---|---|---|
| 19 Feb, 26 | XOM | Buy | USD 150.68 | USD 159.0 | USD 168.0 | 11 days | Closed |
5.97%
|
*Return(%) represent the percentage change between the entry price and exit price of the recommendation.
Data Powered by EOD Historical Data (“EODHD”).
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. The Chemical Products segment manufactures and markets petrochemicals including olefins, polyolefins, and intermediates. The Specialty Products segment offers performance products, including lubricants, basestocks, waxes, synthetics, elastomers, and resins. The company is involved in the manufacturing, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; and pursuit lower-emission business opportunities including carbon capture and storage, hydrogen, and lower-emission fuels. Exxon Mobil Corporation was founded in 1870 and is headquartered in Spring, Texas.
Higher Energy Products Sales Volumes: FY25 Energy Products sales rose to 5,593 kbd from FY24 5,418 kbd
Record Upstream Production: FY25 net production reached 4.7 Moebd versus FY24 4.3 Moebd
Sharp Contraction in Chemical Products Earnings: FY25 Chemical Products earnings decreased to USD 0.8 billion from FY24 USD 2.6 billion
Lower Upstream Earnings: FY25 Upstream earnings reduced to USD 21.4 billion from FY24 USD 25.4 billion
ExxonMobil’s investment profile remains materially exposed to volatility in crude oil and refining margins, cyclical weakness in chemical spreads, execution risks associated with large-scale capital projects, and regulatory or environmental policy shifts impacting global hydrocarbon demand and emissions frameworks
| Entry Price | Support* | Target 1** | Target 2** |
|---|---|---|---|
| 150.68 | 133.0 | 159.0 | 168.0 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
**Target prices may vary by ±0.5% depending on market volatility.
Consolidated Financial Performance: ExxonMobil reported full-year 2025 earnings of USD 28.8 billion compared to USD 33.7 billion in 2024. Earnings excluding identified items totaled USD 30.1 billion in 2025 versus USD 33.5 billion in 2024. The year-on-year moderation was primarily attributable to weaker crude oil realizations and softer chemical margins, partially offset by structural cost savings, advantaged volume growth, and stronger refining margins.
Cash flow from operating activities amounted to USD 52.0 billion in 2025, supporting free cash flow generation of USD 26.1 billion. The company distributed USD 37.2 billion to shareholders during the year, including USD 17.2 billion in dividends and USD 20.0 billion in share repurchases.
Upstream Performance: Upstream earnings declined to USD 21.4 billion in FY25 from USD 25.4 billion in FY24. Excluding identified items, earnings decreased to USD 22.2 billion from USD 25.2 billion. The reduction was largely driven by weaker crude price realizations, lower base volumes from divestments, and higher depreciation, though partially offset by advantaged production growth and structural cost efficiencies.
Operationally, net production reached 4.7 million oil-equivalent barrels per day (Moebd) in FY25, marking the highest level in more than 40 years. Production from advantaged assets increased to 59% of total volumes, reflecting continued portfolio high-grading.
Energy Products Performance: Energy Products earnings increased significantly to USD 7.4 billion in FY25 from USD 4.0 billion in FY24. Excluding identified items, earnings rose to USD 6.9 billion from USD 4.0 billion. The improvement was supported by stronger refining margins, record refinery throughput, structural cost savings, and favorable asset-sale impacts. Energy Products sales volumes increased to 5,593 kbd in FY25 from 5,418 kbd in FY24, demonstrating growth from advantaged projects and reduced maintenance downtime.
Chemical Products Performance: Chemical Products earnings declined sharply to USD 0.8 billion in FY25 from USD 2.6 billion in FY24. Excluding identified items, earnings fell to USD 1.1 billion from USD 2.7 billion. The contraction primarily reflected weaker industry margins, impairment-related charges, and higher ramp-up costs at the China Chemical Complex. Despite earnings pressure, Chemical Products sales volumes increased to 21,303 kt in FY25 from 19,392 kt in FY24, indicating resilient demand and expanded higher-value product capacity.
Specialty Products Performance: Specialty Products delivered FY25 earnings of USD 2.9 billion compared to USD 3.1 billion in FY24. Excluding identified items, earnings remained at USD 2.9 billion versus USD 3.1 billion in FY24. The marginal decline was driven by higher expenses and unfavorable foreign exchange movements, partially offset by record high-value product sales and structural cost savings. Sales volumes increased modestly to 7,791 kt in FY25 from 7,666 kt in FY24.
Corporate & Financing and Balance Sheet Position: Corporate and Financing recorded a net charge of USD 3.6 billion in FY25 compared to USD 1.4 billion in FY24. The increase was driven by lower interest income, unfavorable foreign exchange effects, and higher pension-related expenses. The company maintained a strong balance sheet with a debt-to-capital ratio of 14.0% and net-debt-to-capital ratio of 11.0%, alongside a period-end cash balance of USD 10.7 billion.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given to Exxon Mobil Corporation. (NYSE: XOM) at the closing market price of USD 150.68, as on Feb 18, 2026
Data Powered by EOD Historical Data (“EODHD”).
Sector: Energy Industry: Oil & Gas Integrated
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| XOM Exxon Mobil Corp |
-2.93 2.08% | 137.81 | 10.10 | 10.45 | 1.16 | 2.03 | 1.19 | 5.18 |
| CVX Chevron Corp |
-3.95 2.22% | 173.63 | 27.63 | 19.38 | 2.01 | 1.99 | 2.20 | 9.78 |
| SHEL Shell PLC ADR |
-1.57 1.95% | 78.81 | 7.88 | 7.53 | 0.63 | 1.11 | 0.75 | 3.33 |
| RYDAF Shell PLC |
- -% | 39.45 | 7.66 | 7.35 | 0.62 | 1.09 | 0.74 | 3.27 |
| PCCYF PetroChina Co Ltd Class H |
- -% | 1.17 | 5.29 | 5.33 | 0.05 | 0.57 | 0.06 | 0.37 |
Data Powered by EOD Historical Data (“EODHD”).
Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on February 19, 2026. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned has been achieved and is subject to the factors discussed above.
Note 4: StockNextt reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Disclaimer :
This report has been issued by StockNextt which has an Ontario Business Identification Number 1000958347 and British Columbia registration Number FM1051529 is a trade name under Kalkine Canada Advisory Services Inc. having Business Number 761925130BC0001. Kalkine Canada Advisory Services Inc. and StockNextt are collectively referred to as “StockNextt”, “we”, “us”, and “our”. The website https://stocknextt.com and associated pages are published by StockNextt. The information in this report and on the StockNextt website has been prepared from a wide variety of sources, which StockNextt, to the best of its knowledge and belief, considers accurate. StcokNextt has made every effort to ensure the reliability of information contained in its reports, newsletters, and websites. All information represents our views at the date of publication and may change without notice. The information in this report does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products. Our reports contain general recommendations for investing in securities and other financial products. StockNextt does not offer financial advice based upon your personal financial situation or goals, and we shall not be held liable for any investment or trading losses you may incur by using the opinions expressed in our reports, publications, market updates, news alerts and corporate profiles. StockNextt does not intend to exclude any liability which it is not permitted to exclude under applicable law or regulation. StockNextt’s general advice does not in any way endorse or recommend individuals, investment products or services for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a professional authorised financial planner and adviser. You should be aware that the value of any investment and the income from it can go down as well as up and you may not get back the amount invested. Please also read our Terms and conditions for further information. Employees and/or associates of StockNextt and its related entities may hold an interest in the securities or other financial products covered in this report or on the StockNextt website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.
Copyright © 2026 Krish Capital Pty Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.
Australia