Why Exxon Mobil Stock Just Hit a New 52-Week High While Oil Prices Tanked 20%

Why Exxon Mobil Stock Just Hit a New 52-Week High While Oil Prices Tanked 20%

Quick Read Exxon Mobil (XOM) reached a new 52-week high despite WTI crude falling nearly 20% in 2025. The stock recovered fully from April’s 16% drop. Exxon generated $25.4B in upstream earnings in 2024. Guyana operations remain profitable at oil prices around $30 per barrel. Exxon raised its dividend for 43 consecutive years and now yields 3.3%. The company targets $30 per barrel breakeven costs by 2030. If you’re focused on picking the rig…