The price of crude oil recently rose to more than $100 per barrel.
From September 2025 to March 2026, Exxon Mobil (XOM) experienced a stock increase of 41%, driven by a significant boost in its P/E multiple and consistent buybacks.
Shares of ExxonMobil (NYSE: XOM) soared to start 2026, rallying 17.5% January. That was a big move for the leading oil stock. It significantly outperformed the S&P 500, which rose 1.4% in January.
Exxon officers' compensation dipped slightly in 2025 but could more than rebound after the company's stock price has skyrocketed in 2026.
Exxon Mobil stock is riding the wave of rising prices for the energy market during conflict overseas. Where is it headed next?