Exxon Mobil Corporation (XOM)

NYSE: XOM · IEX Real-Time Price · USD
117.33
-0.10 (-0.09%)
Jul 26, 2024, 4:00 PM EDT - Market closed
-0.09%
Market Cap 526.33B
Revenue (ttm) 341.10B
Net Income (ttm) 32.80B
Shares Out 4.49B
EPS (ttm) 8.16
PE Ratio 14.38
Forward PE 12.77
Dividend $3.80 (3.24%)
Ex-Dividend Date May 14, 2024
Volume 7,781,309
Open 116.77
Previous Close 117.43
Day's Range 116.47 - 118.03
52-Week Range 95.77 - 123.75
Beta 0.89
Analysts Buy
Price Target 134.81 (+14.9%)
Earnings Date Aug 2, 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 $134.81, which is an increase of 14.90% from the latest price.

Price Target
$134.81
(14.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Seagate, Exxon Mobil, Morgan Stanley and the IJH

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: STXIJHMS
6 hours ago - CNBC Television

XOM, BAC, GOOG: Example Trade & Technical Trends

Exxon Mobil (XOM), Bank of America (BAC), and Google (GOOG) are today's Big Three. Tom O'Brien and Ben Lichtenstein discuss the technical trends, as well as how to trade these stocks.

Other symbols: BACGOOGGOOGL
7 hours ago - Schwab Network

Exxon Mobil, CF Industries sign carbon capture and storage deal

Energy major Exxon Mobil said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Industries.

Other symbols: CF
1 day ago - Reuters

ExxonMobil to Release Second Quarter 2024 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its second quarter 2024 financial results on Friday, August 2, 2024. The company will issue a press release via Busines...

3 days ago - Business Wire

XOM, PFE, CMCSA: Opportunities in International & Emerging Markets

Markets are grappling with uncertainty on the recently prevailing narratives, notes David Dietze. He talks about finding opportunities in international and emerging markets.

Other symbols: CMCSAPFE
4 days ago - Schwab Network

What A Kamala Harris Presidency Could Mean For Oil Stocks: Chevron, Marathon Move Lower

Oil stocks fell early Monday amid concerns that Vice President Kamala Harris could take a tougher stance on the oil and gas industry if she becomes the Democratic presidential nominee and wins the rac...

Other symbols: CVXMROCOPEOG
4 days ago - Benzinga

Oil Majors' North Sea Exits Continue As Shell And Exxon Sell Dutch Assets

The theme of oil and gas majors exiting the North Sea and independents stepping in to occupy the space is continuing unabated, with the latest example coming from the Dutch sector of the ageing and ta...

Other symbols: SHEL
4 days ago - Forbes

ExxonMobil to transfer operations of assets of 2 production-sharing contracts in Malaysia to Petronas

Exxon Mobil Corp intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday.

6 days ago - Reuters

Exclusive: ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say

Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where it used to be a dominant producer, two sources with dire...

7 days ago - Reuters

Exxon clash with Chevron hinges on change of control of Hess' Guyana asset, sources say

Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to ...

Other symbols: CVXHES
8 days ago - Reuters

Is Chevron A Better Integrated Oil Major Pick Over Exxon Mobil?

We believe that Chevron Corporation (NYSE: CVX) is a better pick than its industry peer – Exxon Mobil (NYSE: XOM). CVX stock trades at a slightly higher multiple of 1.5x sales, versus almost 1.3x reve...

Other symbols: CVX
8 days ago - Forbes

ExxonMobil Introduces Enable™ 1617 performance polyethylene: A compelling potential solution for high-performance thin-gauge hand wrap applications

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- ExxonMobil  today announced the launch of its Enable™ 1617 performance polyethylene (PE) grade. Ideal for thin-gauge hand wrap applications, the new resin is...

10 days ago - GlobeNewsWire

Exxon plans to drill up to 30 wells for its seventh oil project in Guyana

Exxon Mobil Corp plans to drill up to 30 wells as part of its seventh oil project in Guyana, named Hammerhead, according to the development plan proposed by the company and disclosed by the government...

11 days ago - Reuters

Jim Cramer reviews 8 companies that could top $1 trillion in market cap

CNCB's Jim Cramer on Wednesday reviewed eight stocks that could join the coveted "trillion-dollar stock club," pinpointing Eli Lilly and Tesla as top contenders. Also on the list are Berkshire Hathawa...

Other symbols: AVGOJPMLLYTSLAVWMT
16 days ago - CNBC

Why this portfolio manager favors ExxonMobil over First Solar

Today's segment of Good Buy or Goodbye features host Julie Hyman alongside Hennessy Energy Transition Portfolio Manager Fund Ben Cook. Together, they explore Cook's top stock pick and top stock to avo...

17 days ago - Yahoo Finance

Why Oil Refinery Stocks' ‘Famine' Could Turn Into a ‘Feast'

A decline in margins has weighed on refining stocks

Other symbols: BPMPC
17 days ago - Barrons

BP Joins Exxon in Warning About Weaker Margins. What It Means for Chevron.

The oil giant's warning adds to the gloom hanging over energy stocks.

Other symbols: BPCVX
17 days ago - Barrons

‘Crash proof' your portfolio with these 10 stocks and 3 ETFs

You don't get upset for having homeowner's insurance but your house doesn't burn down. The same principle should apply to investors who insure their stock portfolios against a crash.

Other symbols: AMGNCAHFIGLHEGDJPMMRK
17 days ago - Market Watch

BP joins Exxon in saying weak refining margins will hit second-quarter profits

BP on Tuesday said it expects weak margins in its refining business will have hit its second quarter profits by up to $700 million after Exxon Mobil on Monday said a similar slump in refining margins ...

Other symbols: BP
17 days ago - Market Watch

Exxon signals Q2 below market consensus, excluding Pioneer buy

Exxon Mobil Corp on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce profits in the second quarter.

18 days ago - Reuters

Exxon Slips on Chance of Weak Earnings

The company released a few details about its coming quarterly report in a government filing.

18 days ago - Barrons

Exxon Mobil expects oil prices to boost second-quarter earnings

Exxon Mobil said on Monday changes in oil prices would increase the company's second-quarter upstream earnings by $300 million to $700 million compared with the first quarter.

18 days ago - Reuters

Trade Tracker: Jenny Harrington sells Exxon Mobil

Jenny Harrington, CEO of Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she is selling Exxon Mobil.

21 days ago - CNBC Television

Hurricane Beryl Causes Oil Giants to Evacuate Gulf of Mexico Platforms

Beryl made landfall on Mexico's Yucatán Peninsula on Friday. Shell, Chevron, and Exxon Mobil have evacuated personnel from projects in the Gulf.

Other symbols: CVXSHEL
21 days ago - Barrons

Exxon-Hess arbitration panel nears formation, sources say

The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp , two people familiar with the matter told...

Other symbols: HES
24 days ago - Reuters