Exxon Mobil Corporation (XOM)

NYSE: XOM · IEX Real-Time Price · USD
+0.25 (0.24%)
At close: Dec 1, 2023, 4:01 PM
+0.10 (0.10%)
After-hours: Dec 1, 2023, 7:59 PM EST
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]

Sector Energy
Founded 1870
Employees 62,000
Stock Exchange NYSE
Ticker Symbol XOM
Full Company Profile

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 Statements

Analyst 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.

Price Target
(25.51% upside)
Analyst Consensus: Buy
Stock Forecasts


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.

1 hour ago - Bloomberg Markets and Finance

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.

1 day ago - Forbes

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.

1 day ago - CNBC

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.

1 day ago - CNBC Television

These Stocks Were Left Behind In November's Historic Rally

Energy was the sole S&P 500 sector to decline this month as the index marched toward its best month since July 2022.

3 days ago - Forbes

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...

3 days ago - Accesswire

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...

4 days ago - Reuters

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...

5 days ago - Benzinga

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

6 days ago - Forbes

Stock Picks For 2024

Investors seeking out the best stocks picks for 2024 may want to focus on these four areas of the market.

Other symbols: DVNEWJHMCTM
6 days ago - Kiplinger

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.

9 days ago - MarketBeat

Best Blue Chip Stocks: 21 Hedge Fund Top Picks

Blue chip stocks dominate the list of hedge funds' most popular equity investments.

16 days ago - Kiplinger

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...

16 days ago - Market Watch

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...

18 days ago - Reuters

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...

18 days ago - Market Watch

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 (...

19 days ago - Reuters

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...

19 days ago - Business Wire

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...

Other symbols: CVX
19 days ago - Reuters

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...

20 days ago - Investopedia

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.

20 days ago - Barrons

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...

20 days ago - Yahoo Finance

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.

20 days ago - NYTimes

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.

20 days ago - CNBC Television

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...

20 days ago - Invezz

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...

20 days ago - Market Watch