XO
Exxon Mobil
XOM · Energy
Company brief
XO
XOMEnergy$450B

Exxon Mobil

Integrated energy company. Upstream exploration and production, downstream refining, chemicals, and supply chain.

Moat score
80/100
13F status
Tracking pending
Main Metrics

Beginner valuation check

Price
$157
Next earnings
Data pending

Data pending from FMP or Finnhub.

1Y Performance
+45%

Positive price performance shows recent market sentiment, not a full investment thesis.

Forward P/E
15.1x

Forward P/E around 15.1x means investors pay about $15.1 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.

P/E
25.9x

A P/E around 25.9x means investors pay about $25.9 for each $1 the company earned per share over the last 12 months, usually the last four quarterly reports.

EPS
$5.93
Market Cap
$654.6B
Forward P/E is the cleanest beginner valuation anchor here; compare it with growth and recent performance.

Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.

Scenario Framework

Bull / Neutral / Bear

Neutral Case

Investors continue to focus on Exxon’s integrated business lines, with the forward multiple acting as the main simple valuation reference.

Watch signal

Forward P/E around 15.1x stays in a range that remains understandable relative to business quality and operating stability.

What you own

Exxon Mobil is exposure to upstream with high switching costs and 100% net revenue retention.

Base thesis

Resource access moat — Exxon holds prime acreage in Permian, Guyana, and GOM; decades of geological data and proprietary seismic interpretation create irreplaceable knowledge

Main risk

The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.

How to inspect it

Use the simulator to walk through the workflows, systems, and data dependencies investors are effectively buying.

Business Lines

What's Inside

4
Roles
8
Screens
3
Tours
Play as Marcus Webb (Upstream)
Switch between Upstream, Downstream, Supply Chain, HSE
3 guided investor tours available
Investor Snapshot
80Moat Score
Net Revenue Retention100%
Retention RiskLow
AI Disruption RiskLow
Switching CostsHigh
13F Ownership
Tracking pending

No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.

Investment Thesis
  • Resource access moat — Exxon holds prime acreage in Permian, Guyana, and GOM; decades of geological data and proprietary seismic interpretation create irreplaceable knowledge
  • Refining complexity — integrated refineries process specific crude slates with custom catalysts and unit configurations; replicating this takes billions and years of tuning
  • Scale advantages — global supply chain, trading desk, and logistics network create cost advantages that smaller players cannot match
  • Capital barriers — upstream projects require $10B+ investments; few competitors can fund Guyana-scale developments
  • Regulatory and permitting — existing permits and relationships with regulators represent years of investment; new entrants face longer approval cycles