Exxon Mobil Corporation (XOM)
| Market Cap | 481.42B |
| Revenue (ttm) | 344.58B |
| Net Income (ttm) | 36.01B |
| Shares Out | 3.97B |
| EPS (ttm) | 8.89 |
| PE Ratio | 13.65 |
| Forward PE | 13.03 |
| Dividend | $3.80 (3.13%) |
| Ex-Dividend Date | Feb 13, 2024 |
| Volume | 15,977,800 |
| Open | 121.03 |
| Previous Close | 121.05 |
| Day's Range | 119.40 - 121.76 |
| 52-Week Range | 95.77 - 123.75 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 132.33 (+9.07%) |
| Earnings Date | Apr 26, 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]
Financial Performance
In 2023, Exxon Mobil's revenue was $344.58 billion, a decrease of -16.70% compared to the previous year's $413.68 billion. Earnings were $36.01 billion, a decrease of -35.40%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for XOM stock is "Buy." The 12-month stock price forecast is $132.33, which is an increase of 9.07% from the latest price.
News
ExxonMobil earnings: The big oil stock reports disappointing Q1 financial results
Today, on April 26th, energy company ExxonMobil (NYSE: XOM) reported its Q1 2024 financial results before US markets opened.
Exxon Mobil's stock falls after profit drops below expectations, as refining margins and natural gas prices dropped
Shares of Exxon Mobil Corp. XOM, +0.23% dropped 2.4% in premarket trading Friday, after the oil and gas giant reported first-quarter profit that fell below forecasts, even as revenue beat expectations...
Exxon misses on Q1 profit despite big gains in Guyana
Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains.
Exxon earnings miss, hit by lower natural gas prices and squeezed refining margins
Exxon Mobil first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.
Big oil earnings: Three things to watch for as ExxonMobil, Chevron and Phillips 66 report financial results today
Today, big oil is firmly in the spotlight, with ExxonMobil, Chevron, TotalEnergies, Phillips 66 and Imperial Oil all reporting their latest earnings within hours of each other. It may well make for in...
ExxonMobil Announces First-Quarter 2024 Results
SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM): Results Summary Dollars in millions (except per share data) 1Q24 4Q23 Change vs 4Q23 1Q23 Change vs 1Q23 Earni...
Why ExxonMobil and Chevron Q1 Earnings Are Expected To Fall Despite Rising Oil Prices
The first-quarter earnings reports for U.S. energy giants ExxonMobil (XOM) and Chevron (CVX) coming this week should confirm that, when it comes to Big Oil, it's not solely about crude prices.
Rising 21% This Year, What Lies Ahead For Exxon Stock Following Q1 Earnings?
Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas, and North America's largest energy company by market cap, is scheduled to announce its fisc...
Q1 Earnings: Is Exxon Mobil set to strike oil or sink?
With Exxon Mobil Corp (NYSE: XOM) gearing up to unveil its first-quarter earnings report, investors are eyeing the horizon with anticipation. As the energy behemoth steps into the earnings spotlight, ...
ExxonMobil Unveils Exclusive Fandom Fuel Kits for Miami, Austin and Las Vegas Formula One® Races
SPRING, Texas--(BUSINESS WIRE)--Three United States Grands Prix and a fuel that keeps your engine 3x cleaner for better gas mileage* brings endless excitement for the new racing season as Formula 1 fa...
California to wrap up Exxon plastics probe 'in weeks', AG says
California will conclude a two-year investigation into Exxon and the fossil fuel industry's role in causing global plastic pollution by summer and decide if it will file a lawsuit against oil giant, i...
Proposed Oil Mergers Will Improve Competition
Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that wou...
Federal Agencies Target ExxonMobil And Chevron Acquisitions
The Securities and Exchange Commission and Federal Trade Commission are evaluating pending oil company consolidations because of antitrust and climate related concerns. The ExxonMobil XOM acquisition ...
Biloxi Marsh Lands Corporation Announces Unaudited Results for the First Quarter of 2024
METAIRIE, La.--(BUSINESS WIRE)--Biloxi Marsh Lands Corporation Announces Unaudited Results for the First Quarter of 2024.
How A Former Enron Exec Lured ExxonMobil To Bet $150 Million On A Longshot Biofuel
It was May 2020, and despite the encroaching wave of Covid-19 pandemic lockdowns, Richard Palmer, founder and chairman of Global Clean Energy Holdings was thrilled with his new acquisition. Palmer's p...
XOM, CVX: What Middle East Tensions Mean for Energy Stocks
What do rising Middle East tensions mean for energy stocks? Stewart Glickman discusses energy stocks highlighting that Exxon Mobil (XOM) and Chevron (CVX) report earnings on Friday, April 26th.
ExxonMobil Makes Application to Cease to be a Reporting Issuer in Canada
SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) announced today that it has applied to the Alberta Securities Commission (ASC), as principal regulator, and the Ontario Securities C...
TechnipFMC Awarded Large Subsea Contract for ExxonMobil Guyana's Whiptail Project
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (the “Company”) has been awarded a large(1) contract in Guyana's Stabroek Block by Exxon Mobil Corporation (NYSE: XOM) affiliate ExxonMobil...
These four halal, Shariah-compliant stocks are best buys after Eid al-Fitr
If you want to invest in some new halal stocks, you know that finding companies compliant with Shariah law can be complicated.
ExxonMobil to Release First Quarter 2024 Financial Results
SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its first quarter 2024 financial results on Friday, April 26, 2024. The company will issue a press release via Business...
Exxon moves forward with sixth oil project in Guyana, targets 1.3 mln bpd output
Exxon Mobil has made a final investment decision for its sixth oil development project in offshore Guyana after receiving the required government and regulatory approvals, the company said on Friday.
ExxonMobil Guyana moves forward with sixth offshore development
SPRING, Texas--(BUSINESS WIRE)--ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail...
Exxon Mobil raised package of CEO Woods to $36.9 mln in 2023
Exxon Mobil Chief Executive Darren Woods received $36.9 million in total compensation for 2023, up nearly 3% from a year earlier, the oil major said in a regulatory filing on Thursday.
Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense
The oil industry is betting carbon capture will serve heavy industries like cement- and steelmaking that now have few good options to slash greenhouse gases.
Sully's Stats: CIC's Malcolm Etheridge shares his takes on Exxon Mobil and Freeport-McMoran
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.