Price Target Hikes and Insider Sale Follows Record Production at Exxon Mobil

Exxon Mobil Corporation (NYSE:XOM) is one of the 11 Best Energy Dividend Stocks to Invest in.

Price target and insider sales increase following record production in the second quarter of 2025.

Texas-based company, Exxon Mobil Corporation (NYSE:XOM), is one of the world’s largest publicly traded international energy and chemical companies. Formed in 1999 through the merger of Exxon Corporation and Mobil Corporation, the company is currently involved in every aspect of the oil and gas industry, from exploration and production to refining, marketing, and the manufacture of petrochemicals.

On August 1, 2025, the company reported its Q2 2025 earnings, where it boasted the highest Q2 production since its foundation over 25 years ago. More than half of the production came from high-return, advantaged assets. The company also announces expansion of its product solution with new projects in China, Singapore, and the UK, expected to drive more than $3 billion of earnings in 2026.

Following the results, analysts have increased their price targets while retaining a Buy rating on the stock. UBS, for instance, increased its price target from $130 to $143, while holding on to the Buy rating for Exxon Mobil Corporation (NYSE:XOM). On the other hand, the company’s Vice President of Corporate Strategic Planning, Darrin L Talley, sold 2,158 shares in a transaction valued at $238,351 on August 25, 2025.

For investors interested in the dividend yield of the company, it currently stands at 3.54% while Exxon Mobil Corporation (NYSE:XOM) maintains a favorable payout ratio of 55.68%.

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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Disclosure: None. This article is originally published at Insider Monkey.