Exxon Mobil Corporation (XOM)
| Market Cap | 467.39B |
| Revenue (ttm) | 344.58B |
| Net Income (ttm) | 36.01B |
| Shares Out | 3.97B |
| EPS (ttm) | 8.89 |
| PE Ratio | 13.33 |
| Forward PE | 12.72 |
| Dividend | $3.80 (3.21%) |
| Ex-Dividend Date | Feb 13, 2024 |
| Volume | 17,816,075 |
| Open | 119.00 |
| Previous Close | 121.33 |
| Day's Range | 116.22 - 119.10 |
| 52-Week Range | 95.77 - 123.75 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 132.33 (+11.66%) |
| 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 11.66% from the latest price.
News
How Acquisitions Impact Exxon Mobil (XOM) Earnings
Exxon Mobil (XOM) and Chevron's (CVX) earnings were recently released. Mizuho's Nitin Kumar discusses the takeaways from Exxon Mobil and Chevron's earnings.
Earnings for Big Oil backpaddle as natgas prices tumble
U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago.
Exxon and Chevron stocks slide after missing earnings expectations
Shares of Exxon Mobil (XOM) and Chevron (CVX) are trading lower on Friday as both companies revealed a dip in first quarter revenue compared to the same period last year. However, both companies beat ...
Exxon Spent Money to Make Money
Exxon Mobil is nowhere close to holding the kind of market power its Standard Oil ancestor enjoyed back in the day, but it certainly is cementing its lead over supermajor peers.
ExxonMobil Stock Slips as Profit Falls Short of Estimates
Shares of ExxonMobil (XOM) slipped in early trading Friday as the oil and gas giant reported larger year-over-year profit declines than analysts were expecting.
Exxon Mobil CEO: Guyana will go down as one of the best deepwater developments in industry history
Darren Woods, Exxon Mobil chairman and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, importance of the company's Guyana assets, oil demand outlook, impact of geopolitica...
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
CNBC's Becky Quick reports on the company's quarterly earnings results.
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...