Exxon stock edges lower into Monday as oil sinks 2% on supply-glut fears
NEW YORK, December 28, 2025, 20:32 ET — Market closed Exxon Mobil (XOM.N) shares ended Friday down 0.1% at $119.11 as crude prices fell sharply, setting a cautious tone for energy names ahead of the final trading days of the year. Reuters The move matters because oil and gas prices feed directly into Exxon’s upstream profits and the cash it uses to fund dividends and share buybacks. Oil is heading for its steepest annual decline since 2020, keeping investors focused on how majors protect cash returns into 2026. Reuters Friday’s drop in crude came as traders weighed whether global supply