Exxon Mobil Corporation (XOM) Disagrees with ICC Arbitration Ruling But Affirms Commitment to Rule of Law

Exxon Mobil Corporation (NYSE:XOM), a cheaply priced stock popular among hedge funds and offering upside potential, is included in our list of the 10 Cheap Lithium Stocks to Buy According to Hedge Funds.

On July 18, 2025, Exxon Mobil Corporation (NYSE:XOM) announced that it would respect the International Chamber of Commerce’s arbitration ruling in its dispute with Hess Corporation regarding the Stabroek Block in Guyana. XOM expressed its disagreement with the tribunal’s interpretation of its preemption rights. However, the company emphasized its commitment to the rule of law, welcoming Chevron to the joint venture.

Meanwhile, Exxon Mobil Corporation (NYSE:XOM) gained Piper Sandler’s attention, which raised its price target on the company to $131, maintaining an ‘Overweight’ rating. The analyst attributed the update to higher crude prices and refining margins, increasing its Q2 EPS and EBITDA guidance by 14% and 10%, respectively.

Exxon Mobil Corporation (NYSE:XOM), with 55 years of uninterrupted dividends, remains a dominant player in the global energy market. It is a global energy leader that operates across the oil, gas, and chemicals sectors. It is included in our list of cheap lithium stocks.

While we acknowledge the potential of XOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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