What smart money is saying about Exxon Mobil
2 funds in our archive have pitched Exxon Mobil — most recently Aristotle Atlantic Partners Core Equity Strategy in June 2026.
Exxon Mobil Corporation is a global energy firm that undertakes the exploration and extraction of oil and natural gas resources across its domestic operations and international territories. The company organizes its vast activities into three primary divisions: Upstream, Downstream, and Chemical. Beyond resource acquisition, Exxon Mobil is deeply engaged in the manufacturing, commercial trading, logistical transportation, and marketing of crude oil, natural gas, refined petroleum goods, a wide array of petrochemicals (including olefins, polyolefins, and aromatics), and other specialized chemical products. Furthermore, the company is actively developing solutions in carbon capture and storage, hydrogen, and biofuels. As of December 31, 2021, the corporation maintained approximately 20,528 net operational wells with verified reserves. Founded in 1870, Exxon Mobil's corporate headquarters are located in Irving, Texas.
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Position history
Between Q2 2025 and Q3 2026, 19 fund letters reported a position in Exxon Mobil — 1 opened or added to the position, 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 6 | 0 | 0 | 0 |
| Q2 2026 | 7 | 1 | 0 | 1 |
| Q1 2026 | 2 | 0 | 0 | 0 |
| Q4 2025 | 1 | 0 | 1 | 0 |
| Q3 2025 | 1 | 0 | 0 | 0 |
| Q2 2025 | 2 | 0 | 0 | 1 |
Fund activity · 19 positions · 2 moves
- September 2026
“Performance Overview Relative performance in the quarter showed a mix of positives and negatives in most sectors, with few major factors dominating. Our IT underweight detracted, although our positioning in the sector contributed positively: not owning the high-beta cyclical picks and shovels beneficiaries of the AI infrastructure buildout helped as these stocks sold off in the third quarter. However, our measured and underweight positions in Apple, Nvidia and Microsoft detracted. Our energy overweight contributed, although our positioning detracted as Williams sold off modestly as investors impatiently await additional data center projects; ExxonMobil, on the other hand, rose as higher oil prices lifted producer revenue and earnings expectations.”
Exxon Mobil - September 2026
“For the full quarter, Multi-Cap Core holdings in seven of eleven sectors outperformed S&P 1500 sector peers. Across the benchmark sectors, energy performed the best, returning +15.9% versus the broader index return of +1.6%. Multi-Cap Core's energy holdings returned an even stronger +22.8%, contributing positively to relative performance. Phillips 66 (PSX) posted a robust +51.8% return and ExxonMobil (XOM) rose +19.80%, both besting benchmark peers.”
Exxon Mobil - September 2026
“Chevron and Exxon Mobil also contributed meaningfully, as higher oil prices, tighter perceived supply, and a larger geopolitical risk premium supported sentiment toward the large integrated energy companies.”
Exxon Mobil - September 2026
Listed in Argent Capital Management Large Cap Strategy’s reported holdings.
Exxon Mobil - August 2026
Listed in Guinness Global Energy Fund’s reported holdings.
Exxon Mobil - July 2026
“US refining: Valero and refining-linked parts of the majors (e.g. Exxon) were supported by tight product markets and the increasing importance of refinery flexibility as crude flows altered.”
Exxon Mobil - HoldsGuinnessJune 2026
“our five large-caps are Chevron, BP, ExxonMobil, Shell and TotalEnergies.”
Exxon Mobil - HoldsAve Maria FundsJune 2026
Listed in Ave Maria Funds’s reported holdings.
Exxon Mobil - June 2026
“Energy was the most notable detractor from fund results during the period. The market discounted a potential end to the Iran conflict and lower risk to global crude supply which pushed oil prices lower. This pressured Exxon Mobil, APA, and Shell, which detracted from the fund’s absolute and relative performance during the quarter.”
Exxon Mobil - New positionAristotle Atlantic Partners Core Equity StrategyJune 2026
“Exxon Mobil Exxon Mobil’s principal business involves exploration for, and production of, crude oil and natural gas; manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products; and pursuit of lower-emission and other new business opportunities, including carbon capture and storage, hydrogen and ammonia, lower-emission fuels, Proxxima resin systems, carbon materials, low-carbon data centers, and lithium. Affiliates of Exxon Mobil conduct extensive research programs in support of these businesses. The energy and petrochemical industries are highly competitive, both within the industries and also with other industries in supplying the energy, fuel and chemical needs of industrial and individual consumers. Certain industry participants, including Exxon Mobil, are expanding the scope of investments in lower-emission energy and emission-reduction services and technologies. We view Exxon Mobil as a compelling investment thesis built on its strong balance sheet, flexible capital program and advantaged growth portfolio.”
Exxon Mobil “TOP DETRACTORS ExxonMobil was negatively impacted by falling oil prices as progress was made in resolving the conflict in the Middle East.”
Exxon Mobil- HoldsHomestead Advisers FundsJune 2026
Listed in Homestead Advisers Funds’s reported holdings.
Exxon Mobil - HoldsHomestead Advisers Value FundJune 2026
Listed in Homestead Advisers Value Fund’s reported holdings.
Exxon Mobil - March 2026
“Three positions stood out as the largest contributors to performance. Corning shares advanced 56% during the quarter, supported by improving demand in optical communications for data centers leading to a more constructive pricing environment. Exxon shares rose 42%, reflecting strong underlying commodity fundamentals and continued capital discipline amid the energy price shock.”
Exxon Mobil - HoldsThe Davenport FundsMarch 2026
“With the Middle East in turmoil and the Strait of Hormuz effectively closed, oil surged 51% in March and 77% for the quarter. Energy was the only S&P sector that rose in March. Exxon Mobile Corp (XOM), Chevron Corp (CVX), and SLB NV (SLB) participated nicely in the run-up, and were the Fund’s top three performers for the quarter.”
Exxon Mobil - December 2025
“Portfolio Changes: Purchases / Additions There were no purchases made in the portfolio during the quarter. Sales / Trims The positions in Exxon Mobil (XOM), Broadcom (AVGO), RTX Corp (RTX) and Johnson Controls (JCI) were reduced in the quarter.”
Exxon Mobil - HoldsLRT CMSeptember 2025
Listed in LRT CM’s reported holdings.
Exxon Mobil - June 2025
“Exxon Mobil Corp (XOM) Exxon Mobil Corporation stands as one of the world's preeminent integrated energy and chemical manufacturers, with a history of operational excellence and technological innovation that has shaped the global energy landscape.”
Exxon Mobil - June 2025
Listed in RS Large Cap Value Strategy’s reported holdings.
Exxon Mobil
Also mentioned · 9
These funds discuss Exxon Mobil — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedGeneration IM Global Equity StrategyOctober 2026
“The threats to the success of sustainability standards and initiatives still abound. This is due not only to the intrinsic challenge of their work, but also to opposition from the enemies of climate action and, sad to say, to insufficient support or attention from institutions that should be their allies. Climate Week NYC saw continued efforts to advance an alternative carbon-accounting initiative, Carbon Measures, backed by ExxonMobil.”
Exxon Mobil - MentionedGeneration IM Global Equity StrategyJuly 2026
“At our webinar we highlighted risks for the future. The three organisations that provide the infrastructure for investors managing climate risk (the GHG Protocol, ISSB and SBTi) face pressure on a number of fronts. This includes a rival accounting initiative backed by ExxonMobil, patchy adoption of ISSB standards and a 2030 ‘cliff edge’ as many corporate SBTi targets are due.”
Exxon Mobil - June 2026
“Shares of Micron, the largest producer of storage chips, skyrocketed 240%, adding over $900 billion of market cap — more than the entire market capitalization of Exxon Mobil, Johnson & Johnson or JPMorgan Chase.”
Exxon Mobil - June 2026
“On an individual stock basis, the biggest contributors to relative returns were Micron Technology, CVS Health and Taiwan Semiconductor Manufacturing, as well as not owning Exxon Mobil and Walmart.”
Exxon Mobil - June 2026
“ExxonMobil was negatively impacted by falling oil prices as progress was made to resolve the conflict in the Middle East.”
Exxon Mobil - MentionedGreenfield Seitz Capital ManagementJune 2026
“Just For Fun In 2020, we highlighted the craziness of the Dow Jones Industrial Index kicking Exxon out of their 30 stock composite and replacing it with Salesforce.com.”
Exxon Mobil - MentionedArtemis US Extended Alpha FundMarch 2026
“Another key detractor was the long position in cruise operator Carnival. Fuel is one of the biggest costs for shipping operators and, in contrast to many of its peers, Carnival has historically opted against hedging those costs. The sharp rise in energy prices precipitated by the Iran war appears likely to have an impact on its bottom line. As oil prices rose, not owning Exxon Mobil, the largest energy company in the US, also hurt.”
Exxon Mobil - MentionedGeneration Investment ManagementMarch 2026
“Who sets the standards? The second debate relates to standards. In October 2025 a business coalition backed by ExxonMobil, called Carbon Measures, launched.”
Exxon Mobil - MentionedLVS Advisory on GolarSeptember 2025
“Golar’s customers include National Oil Companies (“NOCs”) and independent oil and gas producers (e.g. BP, Exxon).”
Exxon Mobil
Fund coverage · 2 theses
Exxon Mobil offers resilience through its strong balance sheet, advantaged upstream assets, refining support and long-term growth options beyond the oil cycle.
Read the full thesis- LRT Capital ManagementJune 2025
Exxon Mobil Corp is a leading integrated energy and chemical manufacturer that combines operational excellence and technological innovation to navigate the energy landscape while focusing on shareholder returns and transitioning towards low-carbon solutions.
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