13 Best Energy Stocks to Buy Right Now

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3. Exxon Mobil Corporation (NYSE:XOM)

No. of Hedge Fund Holders: 104

Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world. The company operates facilities and markets products around the globe and explores for oil and natural gas on six continents.

Exxon Mobil Corporation (NYSE:XOM) beat earnings expectations in Q1 2025, reporting an adjusted EPS of $1.76 against expectations of $1.74 as production growth and cost cuts offset the impact of falling oil prices. However, the tough market conditions took their toll, and the company’s profits declined by 6% YoY to $7.71 billion. Moreover, the oil and gas giant’s revenue of $83.13 billion fell short of forecasts by almost $3 billion. Exxon’s global production came in at 4.55 million barrels per day, an increase of 20% YoY, with a target to achieve close to 5.4 million boe/d in 2030. The company has also taken an impressive $12.7 billion of structural cost out of the business since 2019, which has helped improve its profitability. Exxon intends to continue this momentum and deliver $18 billion of cumulative savings through the end of 2030 versus 2019.

Exxon Mobil Corporation (NYSE:XOM) generated an industry-leading $13 billion in cash flow from operations in Q1, while its free cash flow came in at $8.8 billion. The company is renowned for its commitment to shareholders and distributed $9.1 billion in Q1 2025, comprising $4.3 billion in dividends and $4.8 billion in share repurchases. Exxon has raised its payouts for 41 consecutive years, putting it among the 11 Undervalued Dividend Aristocrats to Buy Now.

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