The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

XOM pairs a 43-year dividend streak and near-zero leverage with $16B in structural cost savings, targeting $20B by 2030.

ExxonMobil paid $15B in dividends through its 2020 collapse and has already retired 40% of Pioneer acquisition shares since May 2024.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks β€” and Exxon Mobil didn't make the cut. Grab the names FREE today.

Exxon Mobil (NYSE:XOM) is a stock worth owning for decades because almost no company on the planet combines its scale, balance sheet strength, and 43-year dividend record with the kind of structural cost advantages that compound through every commodity cycle. Recent WTI swings, from $114.58 on April 7 to $85.91 on April 17, are exactly the kind of short-term noise that gives long-term investors a clean entry into a permanent holding.

ExxonMobil now runs leaner than it has in a generation. Cumulative structural cost savings since 2019 have reached $15.60 billion, with management targeting $20 billion by 2030. Advantaged assets in the Permian, Guyana, and LNG accounted for 59% of production last year, with Guyana alone exceeding 900,000 gross barrels per day and Golden Pass LNG Train 1 shipping its first cargo in April 2026. Q1 2026 adjusted EPS came in at $1.16 versus a $1.01 consensus, the fourth consecutive quarter of beating expectations. The balance sheet remains the industry benchmark, with debt-to-equity of 0.168 and interest coverage of 56.28x.

The dividend is the spine of the forever case. ExxonMobil has raised its payout for 43 consecutive years, most recently with a 4% increase to $1.03 per share quarterly, payable June 10, 2026. The current yield sits at 2.73%, and management plans $20 billion in share repurchases for 2026 on top of $20.0 billion completed in 2025. Roughly 40% of the shares issued for the Pioneer acquisition have already been retired since May 2024, meaning every remaining share carries a steadily larger claim on cash flow.

The 2020 oil collapse is the cleanest stress test on record. Operating cash flow fell to $14.67 billion and the company posted a $23.25 billion net loss, yet ExxonMobil still paid $14.87 billion in dividends. In 2025, a softer crude environment still produced $51.97 billion in operating cash flow and $26.13 billion in free cash flow. Q1 2026 absorbed $706 million in physical losses from Middle East disruption plus a $3.88 billion mark-to-market timing hit, and underlying earnings still climbed to $8.77 billion versus $7.58 billion a year earlier. A beta of 0.183 tells the rest of the story.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks β€” and Exxon Mobil didn't make the cut. Grab the names FREE today.

In a sustained low-crude environment paired with weak chemical margins, near-term earnings compress. FY 2025 net income fell 14.36% year over year, and Q4 25 Chemical Products posted a $281 million loss. In a tech-led bull market, the stock will lag the index. That does not change the forever thesis. The point of owning ExxonMobil is to collect a rising dividend that survived 2020, hold a low-leverage balance sheet, and let buybacks shrink the share count regardless of where oil trades next quarter.

For a retirement-focused investor who is tired of watching screens, the appeal is durability over short-term trading opportunity.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks β€” and Exxon Mobil didn't make the cut. Grab the names FREE today.