Exxon Mobil Corporation (XOM)
| Market Cap | 412.59B |
| Revenue (ttm) | 355.67B |
| Net Income (ttm) | 41.13B |
| Shares Out | 4.01B |
| EPS (ttm) | 10.07 |
| PE Ratio | 10.23 |
| Forward PE | 10.96 |
| Dividend | $3.80 (3.69%) |
| Ex-Dividend Date | Nov 14, 2023 |
| Volume | 17,826,541 |
| Open | 102.50 |
| Previous Close | 102.74 |
| Day's Range | 102.22 - 104.22 |
| 52-Week Range | 98.02 - 120.70 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 129.26 (+25.51%) |
| Earnings Date | Jan 30, 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. The Chemical Products segment manufactures and markets petrochemicals including olefins, polyolefins, and intermediates. The Specialty Produc... [Read more]
Financial Performance
In 2022, Exxon Mobil's revenue was $413.68 billion, an increase of 44.83% compared to the previous year's $285.64 billion. Earnings were $55.74 billion, an increase of 141.93%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for XOM stock is "Buy." The 12-month stock price forecast is $129.26, which is an increase of 25.51% from the latest price.
News
COP28: Exxon, Aramci Lead 50 Energy Firms Vowing Emissions Cuts
Exxon Mobil Corp. and Saudi Arabia's Aramco are leading a pledge by 50 oil and gas producers to cut emissions. The pact was unveiled at the COP28 climate summit in Dubai.
Current Climate: ExxonMobil's Low Carbon Unit Is Looking For Respect
This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
Exxon Mobil CEO Darren Woods on Saturday said the "problem statement" that countries need to focus on at the COP28 climate summit is reducing emissions.
ExxonMobil CEO Darren Woods discusses low-carbon solutions at COP28
ExxonMobil CEO Darren Woods discusses low-carbon solutions and the "evolving landscape" of new technologies to achieve the green transition at COP28.
Maverick Energy Group, Ltd. and Willcox International Holdings, Inc. Form Joint Venture for Lithium Extraction from Saltwater Brine in Oil Production
ST. AUGUSTINE, FL / ACCESSWIRE / November 30, 2023 / Maverick Energy Group, Ltd. (OTC PINK:MKGP) is excited to announced the formation of a Joint Venture with Willcox International Holdings, Inc. to e...
Exxon CEO Darren Woods likely to attend COP28 – sources
Exxon Mobil Corp Chief Executive Darren Woods is making plans to attend the COP28 climate summit in Dubai next week, two people close to the information said, in what would mark a first for an Exxon C...
Historic Low In Producer Short Positioning In Crude Oil: A Signal Of A Potential Major Shift In The Global Oil Market - Exxon Mobil (NYSE:XOM)
The latest Commitment of Traders report (COT) raises questions about the future of the energy complex. Producer short positioning has hit its lowest level since August 2015, an indication that weaknes...
Exxon Mobil A Top 25 Dividend Giant With 3.63% Yield
Exxon Mobil has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $61.27B worth of stock held by ETFs
Stock Picks For 2024
Investors seeking out the best stocks picks for 2024 may want to focus on these four areas of the market.
Refiners, transporters surge: Niche energy markets defy oil slump
Big energy like Chevron Corp. NYSE: CVX and Exxon Mobil Corp. NYSE: XOM are trading well below their highs, while certain sub-industries within the energy sector are performing well.
Exxon Mobil's stock bounces after Gerdes gets bullish, citing valuation and growth drivers in Permian Basin, Guyana
Shares of Exxon Mobil Corp. XOM, -1.16% bounced 0.9% in premarket trading Friday, after the oil giant was upgraded at Gerdes Energy Research, citing valuation after the stock's recent selloff. Exxon's...
Indonesia says Exxon Mobil plans to invest up to $15 bln in the country
U.S. oil major Exxon Mobil is planning to invest up to $15 bln in a petrochemical project and carbon capture and storage (CCS) facilities in Indonesia, the country's President, Joko Widodo, said, acco...
Exxon plans Wall Street update on Dec. 6
Exxon Mobil Corp. XOM, -0.60% said late Wednesday it aims to update investors on a call and presentation on Dec. 6, starting at 10 a.m. Eastern. Presenters include Chief Executive Darren Woods and Chi...
As Exxon eyes lithium, crucial decision looms on filtration technology
Exxon Mobil has yet to decide which lithium filtration technology it will deploy as part of its aggressive plans to become one of the world's top producers of the metal used to make electric vehicle (...
ExxonMobil Starts Production at Third Offshore Guyana Project
SPRING, Texas--(BUSINESS WIRE)--ExxonMobil started production today at Payara, Guyana's third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximat...
Indonesia moves ahead with CCS talks with US oil majors, eyes petrochemical project
Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp are moving ahead with their discussions to invest in carbon capture facilities while Exxon eyes a petrochemi...
ExxonMobil Says Construction Underway on New Lithium Well in Arkansas
ExxonMobil (XOM) on Monday said work has started on the construction of a lithium well in Arkansas, as the energy giant plans to become a leading producer of the critical metal used in batteries for e...
Exxon Wants to Be a Leading Lithium Producer for EVs. Here's What That Would Take.
Exxon announces it has drilled its first wells in Arkansas in a project that will produce lithium products for electric vehicles.
Exxon seeks to become leading lithium producer for EVs
Oil producer Exxon Mobil (XOM) is now seeking to produce battery-grade lithium for EV batteries. Yahoo Finance Live relates Exxon's pivot to commentary from electric vehicle makers, including Tesla (T...
Exxon Mobil Plans to Produce Lithium in Arkansas
The move is the oil giant's first foray in the production of a metal vital for electric vehicle batteries.
Exxon Mobil plans to produce lithium for electric vehicle batteries
Dan Ammann, president of Exxon's low carbon solutions business, joins 'Squawk Box' to discuss their company's plans to produce lithium for electric vehicle batteries and more.
Exxon Mobil unveils lithium production plans: will this spur XOM stock rise?
In a strategic move towards diversification, Exxon Mobil (NYSE: XOM) has unveiled plans to become a key player in the electric vehicle (EV) supply chain. The company has set its sights on lithium prod...
Exxon Mobil moving into lithium production business for electric-vehicle batteries
Exxon Mobil Corp. XOM, +0.77% said Monday it plans to begin producing lithium for electric-vehicle batteries by 2027 from a mining operation in southwest Arkansas under the brand Mobil Lithium. The oi...