Exxon Mobil is preparing to announce its earnings, with projections indicating a potential rally toward $150, fueled by recent increases in oil prices reaching a four-month high in the United States. According to NS3.AI, while fourth-quarter upstream earnings might experience a slight dip due to reduced liquid prices, the company's strategic portfolio reshaping and emphasis on carbon capture present opportunities for growth. Analysts continue to uphold overweight ratings and express optimism with price targets exceeding the current market price of $122.91.