What changed
$XOM — BUY 📊 | 6 MONTHS THESIS
🎯 Q1 2026 | Rev $85.1B | EPS $1.16 vs $1.01 🟢
💡 Consensus expected Q1 EPS of $1.01; XOM delivered $1.16. The annualized run-rate of $4.64 significantly exceeds the $4.00 implied by prior estimates. Yet the stock trades at a 25.5x P/E (50th percentile of its historical range), suggesting the market has not fully priced in the higher earnings trajectory supported by $27–29B in annual capex.
📉 Reward/risk: 1.8:1
🏢 Business Quality: 7/10
📊 Valuation: fair — 25.5x P/E at historical median is elevated relative to integrated oil peers (10–15x), but justified by above-consensus earnings growth and...
🔮 Catalyst: Consensus EPS revisions upward following Q1 beat
💰 Entry: $140.74, stop $130, target $160
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/XOM0618