7d • 💻 Applied Modeling
Portfolio Manager on Exxon Stock
Was chatting with a portfolio manager on the Exxon stock price.
See plot which is here attached. It shows Exxon Mobil’s stock price (XOM) over last year until now. XOM is the ticker symbol for Exxon Mobil on the New York Stock Exchange.
On 28 February the US and Israel struck Iran, and because roughly a fifth of global petroleum consumption passes through the Strait of Hormuz, markets instantly priced in a supply disruption and so Brent jumped about 43% in March.
XOM tracked it almost tick-for-tick. XOM tracks Brent very closely.
See that the stock was relatively flat for much of 2025, then rose sharply in early 2026, and later pulled back a bit.
So at some point, the market became much more positive about Exxon, likely because of stronger oil and gas expectations.
See for example the second attached plot . The blue line is Exxon Mobil’s stock price, and the orange dashed line is Brent crude oil. Before late February, both move around, but nothing dramatic happens. Then, around Feb 28, both jump sharply: Brent rises from about $70 to about $104 per barrel, and Exxon jumps to a March peak of $176.41. After that, both come down. So the message is that a geopolitical shock pushed oil prices up quickly, and Exxon’s stock moved up with it.
When oil goes up fast, investors expect a company like Exxon to earn more cash, so the stock price also rises.
14
8 comments
Portfolio Manager on Exxon Stock
powered by
skool.com/software-school-for-energy-7177
A personalized program to build a quantitative career in the energy sector. Industry-based courses, job-preparation, and 1-on-1 support from Dr Spyros
Suggested communities
Powered by