• Exxon Mobil Corporation announced that Gregory C. Garland, former Chair and CEO of Phillips 66, has been elected to its board of directors, effective November 3, 2025.
• Garland's appointment brings renowned leadership and governance experience to ExxonMobil, reflecting a focus on strengthening expertise amid ongoing sector transformation.
• We'll explore how Garland’s industry track record could influence ExxonMobil’s long-term strategic direction and investment outlook.

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Exxon Mobil Investment Narrative Recap

To be a long-term shareholder in Exxon Mobil, you need to believe in the company’s ability to deliver strong returns from its core oil and gas assets, particularly in the Permian Basin and Guyana, while also adapting to global decarbonization trends and regulatory demands. The addition of Gregory C. Garland to the board signals a focus on seasoned leadership, but this announcement alone does not materially affect the primary short-term catalyst: the operational and earnings performance of major upstream projects. The biggest current risk remains exposure to regulatory, legal, and ESG scrutiny that could impact costs and strategy, and this is unchanged by the board appointment.

Among recent developments, Exxon’s expanded carbon capture initiatives in Guyana and the U.S. stand out because they align with diversification efforts and show tangible progress in low-carbon revenue streams. While early-stage and subject to market and policy uncertainty, these initiatives are complementary to Exxon's traditional upstream catalysts and are increasingly significant for investors monitoring the balance between legacy hydrocarbons and the future energy transition.

In contrast, investors should pay close attention to the heightened legal and regulatory pressures facing Exxon Mobil, especially as new board expertise arrives...

Exxon Mobil's outlook anticipates $338.3 billion in revenue and $39.7 billion in earnings by 2028. This is based on a projected annual revenue decline of 0.8% and an $8.7 billion increase in earnings from the current $31.0 billion.

Uncover how Exxon Mobil's forecasts yield a $126.16 fair value, a 8% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community members have estimated Exxon Mobil’s fair value between US$124 and US$288, with 9 individual perspectives. Despite this range, many participants are watching for the impact of regulatory and ESG pressures on long-term returns, offering you a chance to review diverse viewpoints on the company's direction.

Explore 9 other fair value estimates on Exxon Mobil - why the stock might be worth just $124.00!

Build Your Own Exxon Mobil Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Exxon Mobil research is our analysis highlighting 3 key rewards that could impact your investment decision.
• Our free Exxon Mobil research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Exxon Mobil's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.