10 Most Profitable Large Cap Stocks to Buy Now

7. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 104

Last year net income: $33.68 billion

Exxon Mobil Corporation (NYSE:XOM) is a multinational energy company engaged in the exploration, production, refining, and distribution of oil, natural gas, and petrochemical products. It operates through three main segments: Upstream, which focuses on oil and gas exploration and production; Downstream, which includes refining and fuel distribution; and Chemical, which manufactures petrochemicals used in consumer and industrial products. XOM has a global presence, supplying energy to various industries, including transportation, power generation, and manufacturing. The company invests in technologies related to energy efficiency, carbon capture, and alternative fuels. The Texas-based company ranked fifth on our recent list of 10 Best Low Risk Stocks To Buy in 2025.

Exxon Mobil Corporation (NYSE:XOM) demonstrated robust financial performance in 2024, reporting earnings of $34 billion, marking its third-highest result in the past decade, even amidst softer market conditions. The company generated $55 billion in operational cash flow, also the third highest over the last ten years, enabling profitable growth, financial stability, and shareholder rewards. On the operational side, XOM achieved record results in its Product Solutions division and reduced methane intensity by more than 60% since 2016. In the Permian Basin, the company set a production record from both Heritage ExxonMobil and Pioneer assets, with output projected to rise from 1.5 million oil-equivalent barrels per day at the close of 2024 to 2.3 million barrels per day by 2030. Similarly, record production was achieved in Guyana, hitting 650,000 barrels per day within just a decade.

Looking ahead to 2025, Exxon Mobil Corporation (NYSE:XOM) intends to launch several major projects that are expected to deliver over $3 billion in earnings potential by 2026. The company’s long-term vision remains optimistic, focusing on enhancing its asset portfolio, with 60% of Upstream production expected to come from advantaged assets by 2030. By the end of the decade, XOM anticipates an additional $20 billion in earnings and $30 billion in cash flow, while continuing its commitment to sustainable, competitive, and growing shareholder returns. With close to $34 billion net income generated in 2024, XOM is one of the most profitable large cap stocks to buy now.