Exxon Mobil Corporation (XOM)

NYSE: XOM · Real-Time Price · USD
121.79
-0.14 (-0.11%)
Nov 22, 2024, 4:01 PM EST - Market closed
-0.11%
Market Cap 535.28B
Revenue (ttm) 343.82B
Net Income (ttm) 33.70B
Shares Out 4.40B
EPS (ttm) 8.03
PE Ratio 15.17
Forward PE 15.50
Dividend $3.96 (3.25%)
Ex-Dividend Date Nov 14, 2024
Volume 9,049,728
Open 121.82
Previous Close 121.93
Day's Range 121.65 - 123.20
52-Week Range 95.77 - 126.34
Beta 0.88
Analysts Buy
Price Target 130.50 (+7.15%)
Earnings Date Nov 1, 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 20 analysts, the average rating for XOM stock is "Buy." The 12-month stock price forecast is $130.5, which is an increase of 7.15% from the latest price.

Price Target
$130.5
(7.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says

U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water block, the South American country's vice president said on Thur...

2 days ago - Reuters

Exxon, under fire over plastic recycling, spending $200 mln to expand Texas plants

Exxon Mobil Corp , which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics recycling that allows it to replace fossil fuels with discarded bo...

2 days ago - Reuters

ExxonMobil to Expand Advanced Recycling Capacity

SPRING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE: XOM) plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operation...

2 days ago - Business Wire

The Higher They Soar, The More I Buy

My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of...

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2 days ago - Seeking Alpha

Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy

AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...

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3 days ago - Seeking Alpha

Exxon Mobil signs non-binding lithium supply deal with LG Chem

Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts maker LG Chem , the oil giant's second agreement to supply the electric vehicle battery metal from its ...

3 days ago - Reuters

LG Chem and ExxonMobil sign MOU for lithium offtake

SPRING, Texas & SEOUL, South Korea--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for u...

3 days ago - Business Wire

Exxon Mobil Is A Bargain

Exxon Mobil's strong free cash flow and earnings power, supported by high petroleum prices and OPEC+ price support, make it a top energy investment for 2025. The acquisition of Pioneer Resources enhan...

5 days ago - Seeking Alpha

Nigeria Energy: Seplat's Exxon Deal, Dangote Refinery Capacity

After Nigeria approved Exxon Mobil's sale of its onshore oil and gas assets to domestic energy supplier Seplat, Bloomberg's Anthony Osae-Brown examines what this means for the nation. This comes amid ...

7 days ago - Bloomberg Markets and Finance

Exxon Mobil cuts nearly 400 jobs in Texas - regulatory filing

Exxon Mobil will cut nearly 400 jobs in Texas, according to a regulatory filing, following its purchase of shale producer Pioneer Natural Resources.

9 days ago - Reuters

Exxon Mobil CEO says he would encourage the Trump administration to stay in the Paris Agreement

Darren Woods, Exxon Mobil CEO, says "the Trump administration can bring a common sense approach to the discussion, so I would encourage them to stay in the Paris Agreement."

11 days ago - CNBC International TV

Exxon Mobil CEO on energy policy under Trump administration

Exxon Mobil CEO and chairman Darren Woods, while attending the COP29 climate summit on Tuesday, discussed the impact of President-elect Trump's energy policy on oil production outlook.

11 days ago - CNBC Television

Exxon CEO says Trump won't be able to ‘unleash' new energy production

President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation's largest energy company is doubtful he...

11 days ago - Market Watch

Exxon to sell older Permian assets to Hilcorp in $1 billion deal, sources say

Top U.S. oil producer Exxon Mobil Corp has agreed to sell conventional oil drilling assets in the Permian Basin of Texas and New Mexico to privately-owned Hilcorp Energy for around $1 billion, four so...

11 days ago - Reuters

Exxon CEO says Trump should keep U.S. involved in global effort to address climate change

The U.S. should continue to influence global climate change policy under a second Trump administration, Exxon CEO Darren Woods said. President-elect Donald Trump withdrew the U.S. from the Paris clima...

11 days ago - CNBC

Exxon Mobil CEO Darren Woods: The world needs to have a long-term approach to reducing emissions

Exxon Mobil CEO and chairman Darren Woods joins 'Squawk Box' to discuss the COP29 Conference in Azerbaijan, long-term approach to reducing emissions, impact of President-elect Trump's energy policy on...

11 days ago - CNBC Television

Strong Fundamentals Driving Exxon Mobil Stock Amid Geopolitical Uncertainty

After a 24% rise since the beginning of 2024, at the current price of around $121 per share, we believe Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and ...

11 days ago - Forbes

Exxon Says Trump Should Keep U.S. in Paris Climate Pact

In an interview, Exxon Mobil CEO Darren Woods says President-elect Trump's plan to pull U.S. out of the Paris agreement is a bad idea.

12 days ago - WSJ

17 Upcoming Dividend Increases

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holdin...

17 days ago - Seeking Alpha

AMZN, PLTR, LMT & XOM: Names to Watch Heading Into 2025

Andrew Arons says the markets are entering a "nice, seasonal pattern" heading into the end of 2024. He's a bull after Donald Trump was elected to the Oval Office for a second term.

Other symbols: AMZNPLTRLMT
17 days ago - Schwab Network

3-Stock Lunch: Gold, Exxon Mobil & General Mills

Boris Schlosberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss stock plays for three stocks.

17 days ago - CNBC Television

Exxon expects final investment decision for Mozambique LNG project in 2026

ExxonMobil now expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company said on Wednesday, pushing back the financial go-ahead by rough...

17 days ago - Reuters

These Energy Stocks are Surging the Most on the Trump Victory

Trump went all-in on oil during his campaign.

Other symbols: BKRHAL
17 days ago - Barrons

Oil Stocks Rise as Trump Prepares to Return to Presidency

U.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.

Other symbols: COPCVXFANGHAL
17 days ago - Investopedia

Exxon Mobil: Don't Get Your Hopes Up (For Now)

Exxon Mobil's stock continues to underperform the market, and investors should have expected that. Short-term headwinds for the stock remain, and we might see better entry points in the next 12-month ...

17 days ago - Seeking Alpha