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ExxonMobil shares lag Energy ETF as output and profits fall short
XOM is down 11.2% from its 52-week high of $176.41, while the State Street Energy Select Sector SPDR ETF is up 10.1% over the same three-month window.
ExxonMobil Holdings faces pressure in the market after its stock underperformed the energy sector. Yahoo Finance reports that XOM has fallen 11.2% from its 52-week high of $176.41, while over the past three months shares rose 6.6%, trailing the State Street Energy Select Sector SPDR ETF, XLE, which gained 10.1% during the same period.
On a longer horizon, the pattern of lagging remains. According to Yahoo Finance, XOM is up 30.2% year to date, compared with XLE's 40.2% increase, and over the past 52 weeks Exxon shares are up 38.3% versus XLE's 39.4%.
The article ties the recent sentiment to Exxon’s quarter results and operational and geopolitical risks. Yahoo Finance says XOM dropped nearly 1% on Jul. 31 after Q2 2026 adjusted EPS of $3.52 missed consensus, with upstream earnings of $9.2 billion and refining profit of $4.1 billion coming in below expectations.
Yahoo Finance also points to production declines and Middle East disruption risk, including about 450,000 boepd offline in Qatar and an Exxon warning that a full-quarter closure could reduce Middle East production by about 750,000 boepd. The report adds that total production was 4.5 million boepd in the quarter.