Exxon Mobil Stock (XOM) News and Forecast for Dec. 24, 2025: Sakhalin-1 Deadline Extended, Oil Prices Rebound, and Analysts See More Upside
Exxon Mobil shares traded near $119.62 in thin holiday trading Wednesday after Russia extended the deadline for Exxon to sell its Sakhalin-1 stake to Jan. 1, 2027, according to a Kremlin decree. Crude prices rebounded into year-end, but benchmarks remain on track for their steepest annual drop since 2020. Analyst targets for XOM cluster in the low $130s.