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Exxon Mobil (XOM) Stock Price, News & Analysis

Exxon Mobil logo
$105.87 +0.36 (+0.34%)
(As of 12/20/2024 05:45 PM ET)

About Exxon Mobil Stock (NYSE:XOM)

Key Stats

Today's Range
$104.84
$106.14
50-Day Range
$105.51
$124.11
52-Week Range
$95.77
$126.34
Volume
39.97 million shs
Average Volume
16.44 million shs
Market Capitalization
$465.31 billion
P/E Ratio
13.18
Dividend Yield
3.74%
Price Target
$128.74
Consensus Rating
Moderate Buy

Company Overview

Exxon Mobil Corporation is the largest direct descendent of John D. Rockefeller’s Standard Oil and one of the world’s largest companies. Its earliest roots lie with Vacuum Oil which got its start in the 1860s. Vacuum Oil’s primary product was kerosene, an important advancement for heating and lighting in rural America. Vacuum Oil was later merged with Standard Oil of New Jersey which was the parent operation of the Standard Oil empire prior to its breakup. Standard Oil of New Jersey would merge with other independent operators over the next few years until settling on the brand Exxon for most of its operations.

Meanwhile, Standard Oil of New York was operating under much the same impetus, merging and growing, until it became known as Mobil. Then, in 1999, the two giants became one with a merger of equals that on paper had Exxon buying Mobil. Now, the combined company operates under the Exxon, Mobil, and Esso brands as an international vertically integrated energy and petrochemical business.

Today, the company explores and produces crude oil and natural gas and their derivative products globally. As of 2022, it was ranked 6th on Forbes’ Fortune 500 list and 12th on the Global 500 list but it has held positions from #1 to #10 over the years. In terms of its operations, it is the world’s second-largest oil refiner and the largest refiner outside of China. In terms of reserves, Exxon Mobil claimed about 18.5 million barrels of oil and oil equivalents at the end of 2021 and was ranked 15th globally.

Exxon Mobil operates through three segments that are the Upstream, Downstream, and Chemical segments. The Upstream segment explores for and produces oil and oil equivalents and represents roughly 70% of the income. The Downstream segment gathers, receives, stores, transports and refines oil and equivalents and their derivatives. The Downstream segment also markets and delivers fuel products to consumers and businesses. The Chemicals segment produces the full range of petrochemicals including plastics, resins and synthetic rubber.

Exxon Mobil is committed to advancing sustainable and carbon-free energy solutions. The company is targeting 2050 for net-zero emissions and its 2030 interim targets are in alignment with the Paris Accord, the EU's Global Methane Pledge, and US Methane Emissions Reduction Action Plan. The company’s plans include investing $15 billion into reducing greenhouse emissions by 2028.



Exxon Mobil Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
90th Percentile Overall Score

XOM MarketRank™: 

Exxon Mobil scored higher than 90% of companies evaluated by MarketBeat, and ranked 35th out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Exxon Mobil has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 10 buy ratings, 8 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Exxon Mobil has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Exxon Mobil's stock forecast and price target.
  • Earnings Growth

    Earnings for Exxon Mobil are expected to grow by 1.38% in the coming year, from $7.95 to $8.06 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Exxon Mobil is 13.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Exxon Mobil is 13.18, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.15.

  • Price to Earnings Growth Ratio

    Exxon Mobil has a PEG Ratio of 4.70. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Exxon Mobil has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.94% of the outstanding shares of Exxon Mobil have been sold short.
  • Short Interest Ratio / Days to Cover

    Exxon Mobil has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Exxon Mobil has recently decreased by 1.11%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Exxon Mobil is a leading dividend payer. It pays a dividend yield of 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Exxon Mobil has been increasing its dividend for 42 years.

  • Dividend Coverage

    The dividend payout ratio of Exxon Mobil is 49.32%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Exxon Mobil will have a dividend payout ratio of 49.13% next year. This indicates that Exxon Mobil will be able to sustain or increase its dividend.

  • Read more about Exxon Mobil's dividend.
  • Percentage of Shares Shorted

    0.94% of the outstanding shares of Exxon Mobil have been sold short.
  • Short Interest Ratio / Days to Cover

    Exxon Mobil has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Exxon Mobil has recently decreased by 1.11%, indicating that investor sentiment is improving.
  • News Sentiment

    Exxon Mobil has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 40 news articles for Exxon Mobil this week, compared to 36 articles on an average week.
  • Search Interest

    Only 238 people have searched for XOM on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
  • MarketBeat Follows

    122 people have added Exxon Mobil to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Exxon Mobil insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.03% of the stock of Exxon Mobil is held by insiders.

  • Percentage Held by Institutions

    61.80% of the stock of Exxon Mobil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Exxon Mobil's insider trading history.
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XOM Stock News Headlines

Oil price cap concept. Petroleum, petrodollar and crude oil concept. Oil pump on background of US dollars. Dollars and oil pumps — Photo
Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains? (XOM)
Exxon Mobil and Chevron are taking two different approaches to capital expenditures in 2025; this article looks at what that may mean for each stock
Oil and gas pump jacks working on a snow covered field at sunset in Rocky View County Alberta Canada.
Why Now Is the Ultimate Time to Invest in Oil Stocks (XOM)
As value stocks underperform growth stocks the most over a multi-year period, oil stocks might become a potential buy in the coming months.
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.
Natural gas data center
These 3 Stocks Look to Power AI Data Centers With Natural Gas (XOM)
These three stocks have recently made waves in the news based on their ambitions to power AI data centers with natural gas.
Text sign showing Where To Invest Question. Business photo text asking about where put money into financial schemes or shares Scribbled and crumbling papers with thick cardboard above wooden table - stock image
Where to Invest in 2025: Top Stock Picks for Maximum Gains
As the end of the year approaches, investors might have some idle cash ready to be put to work as soon as 2025 is here. Three industries come forward as buys
Exxon Mobil (NYSE:XOM) Given New $127.00 Price Target at Piper Sandler
Exxon Mobil price target lowered to $127 from $138 at Piper Sandler
Piper Sandler Remains a Buy on Exxon Mobil (XOM)
See More Headlines

XOM Stock Analysis - Frequently Asked Questions

Exxon Mobil's stock was trading at $99.98 at the start of the year. Since then, XOM shares have increased by 5.9% and is now trading at $105.87.
View the best growth stocks for 2024 here
.

Exxon Mobil Co. (NYSE:XOM) issued its quarterly earnings results on Friday, November, 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The business's quarterly revenue was down .8% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of Exxon Mobil: MPM Lubricants, Jurong Aromatics Corporation Pte Ltd, InterOil Corporation, Celtic Exploration Ltd., XTO Energy, AKG Marketing Company Limited, Al-Jubail Petrochemical Company, and others.

Top institutional shareholders of Exxon Mobil include State Street Corp (5.04%), FMR LLC (3.46%), Geode Capital Management LLC (2.10%) and Franklin Resources Inc. (0.72%). Insiders that own company stock include Leonard M Fox, Darrin L Talley, Jeffrey W Ubben and Stephen A Littleton.
View institutional ownership trends
.

Shares of XOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Exxon Mobil investors own include Chevron (CVX), Meta Platforms (META), NVIDIA (NVDA), Bristol-Myers Squibb (BMY), Johnson & Johnson (JNJ), UnitedHealth Group (UNH) and Broadcom (AVGO).

Company Calendar

Last Earnings
11/01/2024
Ex-Dividend for 12/10 Dividend
11/14/2024
Dividend Payable
12/10/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Integrated Oil & Gas
CUSIP
30231G10
Employees
62,000
Year Founded
1870

Price Target and Rating

Average Stock Price Target
$128.74
High Stock Price Target
$147.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+21.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
20 Analysts

Profitability

Net Income
$36.01 billion
Pretax Margin
14.18%

Debt

Sales & Book Value

Annual Sales
$339.88 billion
Cash Flow
$14.13 per share
Book Value
$53.63 per share

Miscellaneous

Outstanding Shares
4,395,095,000
Free Float
4,393,776,000
Market Cap
$465.31 billion
Optionable
Optionable
Beta
0.89

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This page (NYSE:XOM) was last updated on 12/21/2024 by MarketBeat.com Staff
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