Key Takeaways XOM expects Q2 earnings to fall due to weaker oil and gas prices hitting its upstream business. Lower WTI prices could slash upstream earnings by up to $1.2B; gas prices may cut another$700M. XOM's low 12.2% debt-to-capitalization gives it resilience amid soft commodity pricing.Exxon Mobil Corporation (XOM) has gained 1.6% over the past year, outpacing the 0.7% decline of the composite stocks belonging to the industry. This signifies that there is not much momentum in the stock price, but b ...