Exxon Mobil Corporation (XOM)
| Market Cap | 533.49B |
| Revenue (ttm) | 345.14B |
| Net Income (ttm) | 34.16B |
| Shares Out | 4.44B |
| EPS (ttm) | 8.35 |
| PE Ratio | 14.37 |
| Forward PE | 15.53 |
| Dividend | $3.80 (3.17%) |
| Ex-Dividend Date | Aug 15, 2024 |
| Volume | 10,120,638 |
| Open | 120.98 |
| Previous Close | 120.01 |
| Day's Range | 119.72 - 121.44 |
| 52-Week Range | 95.77 - 126.34 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 130.67 (+8.82%) |
| 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]
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 StatementsAnalyst Forecast
According to 20 analysts, the average rating for XOM stock is "Buy." The 12-month stock price forecast is $130.67, which is an increase of 8.82% from the latest price.
News
5 Stocks to Buy for a Trump Presidency
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Exxon Mobil: Buy Before Earnings (Rating Upgrade)
Exxon Mobil's recent bullish breakout was driven by strong Q2 results, with earnings of $2.14 per share and revenue of $93.06 billion. Despite YTD profit losses of -9%, Exxon saw a 15% quarterly gain ...
Nigeria approves Exxon-Seplat $1.28 billion deal, oil regulator says
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy , the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.2...
3 Fortune 500 Industry Leaders Boast Ideal October 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-leader profits per Y...
Exxon seeks buyers for portion of assets in North Dakota's Bakken shale
Top U.S. oil producer Exxon Mobil Corp plans to sell a portion of its assets in North Dakota's Bakken shale formation, the company told Reuters on Tuesday.
Guerilla Litigation: California AG Sues ExxonMobil Over Plastics
California's Attorney General Rob Bonta has sued ExxonMobil because unrecycled plastic waste has accumulated in California. The lawsuit claims ExxonMobil has misled the public for decades over the abi...
Exxon, Chevron Earnings Face This Risk After BP Profit Warning
The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as well as increased supply from new refineries in Asia and the Middle East.
Exxon Mobil: 15x Profit Multiple, Upcoming Dividend Hike, 3% Yield
Exxon Mobil is set to benefit from higher crude oil prices and expanding production, particularly from its recent Permian asset acquisition. The stock has strong momentum, breaking above key moving av...
Exxon Mobil hits all-time highs but still has more upside—here's why
XOM is trading just below its all time highs. Scotiabank analysts believe there is more upside, driven by global conflicts and a strong asset portfolio.
Bullish On Oil? Check Out These 5 Energy Dividends
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ExxonMobil Announces Major Progress In Carbon Capture Project
ExxonMobil continued the advancement of its carbon capture and storage plans with a pair of major announcements this week.
ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.
SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO). The over ...
ExxonMobil-led consortium to continue seismic research for gas off Crete, says Greece
An ExxonMobil-led consortium will move to the second phase of seismic research for gas exploration in a block off the Greek island of Crete, Greece said on Thursday.
Exxon Mobil Corporation (XOM) Announces Issuance of $171.97 Million Floating Rate Notes Due 2074
Exxon Mobil Corporation (XOM, Financial) has entered into an underwriting agreement for the issuance and sale of $171,968,000 aggregate principal amount of its Floating Rate Notes due 2074. This strat...
Exane BNP Paribas Downgrades ExxonMobil (XOM) Rating and Lowers Price Target
Exane BNP Paribas has revised its rating for ExxonMobil (XOM, Financial) from "Neutral" to "Underperform".
Oil Stocks Slide as Market Awaits Geopolitical Developments
The oil and gas sector experienced declines, with significant drops noted in key stocks. Chevron (CVX, Financial) saw a decrease of over 1.8%, while ExxonMobil (XOM) also fell by more than 1.8%.
If I Could Only Buy 3 Dividend Aristocrats For The Next Year
My investing strategy focuses on buying dividend stocks with strong growth prospects, durable business models, and solid balance sheets, holding them indefinitely if the thesis remains intact. However...
Oil Stocks Rise: Chevron, ExxonMobil, and Others Show Gains
Shares of major oil companies experienced notable increases. Chevron (CVX) and ExxonMobil (XOM, Financial) both saw their stock prices rise by 1.2%.
Exxon Mobil Stock Trades On Future Prospects
Exxon Mobil's stock recently hit a new high. The market appears to be finally seeing the effects of Exxon Mobil's growth and income strategy. Oil and gas is historically cheap, but it will likely retu...
Watch These ExxonMobil Price Levels as Stock Trades at Record High
Shares in ExxonMobil (XOM) could remain in focus this week after setting a record high on Friday as investors bid up energy stocks over mounting concerns that escalating tensions in the Middle East co...
Big Oil Urges Trump Not to Gut Biden's Climate Law
Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.
Exxon Mobil Just Broke Out And Remains Undervalued (Technical Analysis)
Exxon Mobil's breakout from a two-year trading range, driven by rising oil prices due to Middle East tensions and Chinese stimulus, signals potential continued gains. The company's fair value is estim...
ExxonMobil Warns Lower Oil Prices and Refining Margins Will Hurt Q3 Profit
ExxonMobil (XOM) warned that lower oil prices and refining margins will have a negative impact on third quarter results as compared to the previous quarter.
Energy Sector Rebound: 3 Stocks Poised for Strong Gains
The energy sector is experiencing a sharp rebound following a significant escalation in Middle Eastern tensions after Iran launched a missile attack on Israel on October 1. While the immediate physica...