Exxon Mobil (XOM) shares advanced toward a record high, trading at $126.67 (+2.13%) on January 13, significantly outperforming a declining broader market. The strong performance follows recent analyst upgrades citing improved Permian operations and raised 2030 guidance.
- The stock's advance occurred despite recent criticism directed at CEO Darren Woods by Trump regarding the company's Venezuela policy.
- Wall Street maintains a Moderate Buy consensus for XOM, setting a price target of $130.57.