Overview
- Exxon Mobil shares touched a new all-time high, with intraday trades reported at about $167, as investors piled into oil stocks.
- Fresh threats and reported strikes involving Iran, Israel, and the U.S. pushed up crude on supply fears tied to the Strait of Hormuz, a chokepoint that carries roughly one-fifth of the world’s oil.
- Goldman Sachs raised its Exxon target to $158 but kept a neutral rating, signaling confidence in the business with caution on further upside.
- Many projections still lag the stock’s surge, with an average analyst target near $149 that points to the risk of a pullback.
- Strong 2025 results underpin the rally, including $28.8 billion in earnings, $52 billion in operating cash flow, 4.7 million barrels a day in output, and $37.2 billion returned to investors, while a momentum gauge called RSI nears overbought and the company has evacuated non‑essential Middle East staff.