Exxon Mobil Corp. (XOM) reached a new all-time high in share price, defying recent political headwinds including a public threat by former President Donald Trump to exclude the company from future Venezuelan oil deals. The surge underscores strong investor confidence in the energy giant despite escalating geopolitical risks.
- XOM reached a record high of $148.75 per share on January 13, 2026.
- Year-to-date stock performance: +12%, outpacing the S&P 500 Energy Sector Index.
- Market cap surpasses $520 billion, reflecting investor confidence amid geopolitical uncertainty.
- Former President Trump publicly threatened to exclude XOM from Venezuelan oil deals, highlighting political risk.
- Exxon maintains operational presence in Venezuela, including stakes in the Faja del Orinoco heavy oil region.
- Venezuela’s oil production remains constrained, but ongoing negotiations with international firms suggest potential for future revival.
Exxon Mobil's stock climbed to $148.75 per share on January 13, 2026, marking a new record high and a 12% increase year-to-date. The rally occurred despite heightened political volatility surrounding U.S. energy policy and Venezuela’s oil sector, where Exxon has long-standing exploration and production interests. The company’s market capitalization now exceeds $520 billion, reinforcing its position as the largest publicly traded U.S. energy company by market value.