ExxonMobil Gains a Marginal 1.6% in a Year: Hold or Fold the Stock?

Key Takeaways XOM expects Q2 earnings to fall due to weaker oil and gas prices hitting its upstream business. Lower WTI prices could slash upstream earnings by up to $1.2B; gas prices may cut another $700M. XOM's low 12.2% debt-to-capitalization gives it resilience amid soft commodity pricing.Exxon Mobil Corporation (XOM) has gained 1.6% over the past year, outpacing the 0.7% decline of the composite stocks belonging to the industry. This signifies that there is not much momentum in the stock price, but b ...