Exxon Mobil (NYSE:XOM) Maintains Strong Outlook Amid Energy Sector Rally

• Morgan Stanley maintains an "Overweight" rating for NYSE:XOM, raising its price target to $134 from $133.
• Energy analyst Ben Cook predicts crude oil prices to reach $60 per barrel by year-end, with higher expectations for the following year.
• XOM's market capitalization stands at approximately $489.1 billion, highlighting its significant presence in the energy market.

Exxon Mobil (NYSE:XOM) is a leading energy company involved in the exploration, production, and distribution of oil and natural gas. It operates globally and is a significant player in the energy sector. On July 15, 2025, Morgan Stanley maintained its "Overweight" rating for XOM, suggesting confidence in the stock's potential. The stock price at the time was around $113.46.

Morgan Stanley's decision to hold XOM and raise its price target to $134 from $133, as reported by TheFly, indicates a positive outlook. This aligns with energy analyst Ben Cook's insights on the potential for energy stocks, including XOM, amid a rally in nuclear and natural gas sectors. Cook anticipates crude oil prices to reach $60 per barrel by year-end, with expectations for higher prices next year.

Currently, XOM's stock price is $113.49, reflecting a slight decrease of 0.38%. The stock has traded between $113.33 and $115.23 today. Over the past year, XOM has seen a high of $126.34 and a low of $97.80. The company's market capitalization is approximately $489.1 billion, indicating its substantial presence in the market.

The natural gas market's strength, driven by increased energy demand from the AI sector, further supports the positive outlook for XOM. With a trading volume of 988,720 shares on the NYSE, XOM remains an active and significant player in the energy industry.