XOM | Weekly | Haru Insights

ExxonMobil (XOM) is projected to report a record $15.9 billion in adjusted net income for Q2, fueled by global oil supply disruptions from the temporary closure of the Strait of Hormuz and rising Middle East tensions, pushing crude prices to a four-year high.
The Trump administration has launched a Justice Department probe into alleged gasoline price gouging by oil majors, with President Trump demanding prices drop to $2.50 per gallon—marking a drastic political shift and introducing direct regulatory threats to XOM’s profitability.

XOM’s operational dominance is turning global instability into record profits, proving its ability to thrive amid geopolitical chaos, even as it remains neutral in the conflict.
The commissioning of Golden Pass LNG Train 1 is a strategic triumph, dramatically increasing U.S. LNG export capacity and securing XOM’s leadership in the energy transition.
$1 billion invested in Nigeria’s Usan Infill Project shows bold, forward-looking confidence in high-margin deepwater reserves, reinforcing XOM’s expertise in complex, capital-intensive plays.
XOM’s $20 billion in planned 2026 buybacks and 43-year dividend streak highlight an unshakable commitment to shareholder returns, strengthening its fortress-like balance sheet.
Russia’s war and supply disruptions are delivering unmatched earnings leverage to XOM, enabling it to outperform peers in profitability while maintaining financial discipline.

Exxon Mobil Corporation (XOM)[Tv]