Exxon Mobil Corporation (XOM)

NYSE: XOM · Real-Time Price · USD
112.64
-0.53 (-0.47%)
At close: Sep 6, 2024, 4:00 PM
112.44
-0.20 (-0.18%)
After-hours: Sep 6, 2024, 7:39 PM EDT
-0.47%
Market Cap 500.44B
Revenue (ttm) 345.14B
Net Income (ttm) 34.16B
Shares Out 4.44B
EPS (ttm) 8.35
PE Ratio 13.48
Forward PE 12.90
Dividend $3.80 (3.37%)
Ex-Dividend Date Aug 15, 2024
Volume 13,448,926
Open 113.59
Previous Close 113.17
Day's Range 111.73 - 114.18
52-Week Range 95.77 - 123.75
Beta 0.88
Analysts Buy
Price Target 134.56 (+19.46%)
Earnings Date Oct 25, 2024

About XOM

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. It sells its products under the Exxon, Esso, and Mobil brands. The Chemical Products segment manufactures and markets petrochemicals includin... [Read more]

Sector Energy
Founded 1870
Employees 61,500
Stock Exchange NYSE
Ticker Symbol XOM
Full Company Profile

Financial Performance

In 2023, Exxon Mobil's revenue was $338.29 billion, a decrease of -15.68% compared to the previous year's $401.18 billion. Earnings were $36.01 billion, a decrease of -35.40%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for XOM stock is "Buy." The 12-month stock price forecast is $134.56, which is an increase of 19.46% from the latest price.

Price Target
$134.56
(19.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Big 3: LLY, XOM & PLTR

Joe Tigay joins Ben Lichtenstein and Nicole Petallides to break down the technical trends in Eli Lilly (LLY), Exxon Mobil (XOM), and Palantir (PLTR). ======== Schwab Network ======== Empowering every ...

Other symbols: LLYPLTR
1 day ago - Schwab Network

Three-Stock Lunch: Target, Exxon Mobil, and Topgolf

Boris Schlossberg, managing director of FX Strategy at BK Asset Management, joins 'Power Lunch' to discuss his investing take on three stocks: Target, Exxon Mobil, and Topgolf.

Other symbols: MODGTGT
2 days ago - CNBC Television

Exxon Mobil Corporation (XOM) Barclays 38th Annual CEO Energy-Power Conference - (Transcript)

Exxon Mobil Corporation (NYSE:XOM) Barclays 38th Annual CEO Energy-Power Conference Call September 5, 2024 8:00 AM ET Company Participants Dan Ammann - President and Head, Low Carbon Solutions Confer...

2 days ago - Seeking Alpha

Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project

Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay unti...

3 days ago - Reuters

Khaled bin Mohamed bin Zayed Witnesses Signing Ceremony for ADNOC and ExxonMobil Partnering in World's Largest Low-Carbon Hydrogen Facility

ABU DHABI, United Arab Emirates & SPRING, Texas--(BUSINESS WIRE)--His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council,...

3 days ago - Business Wire

Conrad And Gue On Top Stocks In Energy And Utilities

Roger Conrad, editor of Conrad's Utility Investor, and Elliott Gue, editor of Energy & Income Advisor, are experts on utility and energy stocks, respectively. They start by explaining why energy deman...

Other symbols: BEPCBPCHKCNPCVXDEXC
7 days ago - Seeking Alpha

3 Fortune 500 Industry Leaders Boast Ideal August Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leaders (IL) using Y...

Other symbols: ABTADMCOPCSCOCVSETHAL
7 days ago - Seeking Alpha

Exclusive: China's Sinochem plans to exit US shale JV with Exxon, sources say

Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil , valued upwards of $2 billion, people familiar with ...

8 days ago - Reuters

5 market sectors and 9 stocks to keep on your radar in September

September is the market's cruelest month — except in presidential election years.

Other symbols: ALLBPCRCCTRAIMOTTE
8 days ago - Market Watch

From Guyana to the Permian Basin: How Exxon Mobil Is Positioning for the Future

Exxon Mobil Corp. (XOM, Financial) is an energy sector powerhouse that works with immense resources and strategic investments to propel its growth for the long term. In an ever-changing market landsca...

9 days ago - GuruFocus

Expect Energy Shocks If Producers Assume Oil Demand Dip By 2050, Says Exxon

The world is in for an energy shock if oil producers start assuming that a dip in global demand will occur by 2050, according to ExxonMobil (NYSE: XOM).

11 days ago - Forbes

Exxon to sell some Permian assets, Bloomberg Law reports

Top U.S. oil firm Exxon Mobil is looking to sell oil assets in the Permian Basin which could fetch $1 billion, as the company focuses on growing shale production after buying Pioneer Natural Resources...

11 days ago - Reuters

Stock Of The Day: Exxon Mobil Hits A Ceiling?

Resistance levels are a large concentration of traders and investors who are looking to sell their shares at, or close to, the same price. The “level” is typically more of a range than a particular pr...

11 days ago - Benzinga

Texas A&M, ExxonMobil to Present at Inaugural Powder Bulk Solids Conference

The new addition of the Houston IPBS event marks its debut in the city, bringing best-in-class education and local expertise to the top engineering and processing hub in the nation. HOUSTON, TX / ACCE...

11 days ago - Accesswire

Exxon Mobil's Winning Strategy: Staying True To Oil

Exxon Mobil remains committed to its fossil fuel investments, with the majority of its capital expenditure still focused on oil and gas production. The company's aggressive expansion in fossil fuels, ...

11 days ago - Seeking Alpha

Exxon still expects fossil fuels to make up the majority of energy market in 25 years

Oil demand will plateau after 2030 but remain roughly at current levels of more than 100 million barrels per day through 2050, according to Exxon. The oil major projected that oil demand would remain ...

12 days ago - CNBC

Exxon consortium's Guyana oil output drops to some 450,000 bpd, gov data says

An Exxon Mobil production consortium's crude output in Guyana fell to between 400,000 and 500,000 barrels per day from July 2 through the end of the month, according to government data seen by Reuters...

12 days ago - Reuters

Exxon forecasts 2050 oil demand to match today's, 25% above BP estimate

Exxon Mobil said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels, a forecast 25% higher than top European rival BP.

Other symbols: BP
12 days ago - Reuters

Exxon Mobil Stock Should Go Higher

I recommended doubling down on XOM at the end of January 2024, and my last call proved to be very successful. But what's next for Exxon? The oil price is likely to be supported by a shortage of commod...

15 days ago - Seeking Alpha

One Bond Market Yardstick Is Flashing a Warning. These Are the Stocks to Own.

Historically, when short-term bond rates track higher than long-term rates, a recession is on its way.

Other symbols: COPCVX
16 days ago - Barrons

ExxonMobil to Speak at Barclay's 38th Annual CEO Energy-Power Conference

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) today announced Dan Ammann, President, Low Carbon Solutions, will conduct a fireside chat at Barclay's 38th Annual CEO Energy-Power ...

16 days ago - Business Wire

Exclusive: Hess Guyana's secret value becomes part of Exxon arbitration, sources say

An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.

Other symbols: HES
18 days ago - Reuters

Exxon Mobil: A Capital Return And Dividend Growth Play

Exxon Mobil generated $5.0B in free cash flow in Q2 and plans to spend $20B in annual stock buybacks next year. The acquisition of Pioneer Natural Resources is already boosting U.S. liquids production...

20 days ago - Seeking Alpha

Exxon Mobil Is A Giant With More Room To Grow

Exxon Mobil Corporation is the second largest publicly traded oil company in the world, with a high valuation and potential for growth. Quarterly performance includes strong earnings, dividends, and d...

23 days ago - Seeking Alpha

Exxon lays off 59 workers, starts job cuts after Pioneer acquisition close

Exxon Mobil Corp is laying off 59 employees, including 10 in the Permian Basin and 39 in Dallas, according to a filing with the Texas Workforce Commision.

26 days ago - Reuters