Exxon Mobil (XOM) Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" XOM shares.
View XOM analyst ratings or view top-rated stocks.

21 brokerages have issued twelve-month price targets for Exxon Mobil's shares. Their XOM share price forecasts range from $103.00 to $145.00. On average, they expect the company's stock price to reach $125.52 in the next year. This suggests a possible upside of 16.8% from the stock's current price.
View analysts price targets for XOM or view top-rated stocks among Wall Street analysts.

Exxon Mobil's stock was trading at $110.30 on January 1st, 2023. Since then, XOM shares have decreased by 2.6% and is now trading at $107.45.
View the best growth stocks for 2023 here.

Exxon Mobil saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 33,520,000 shares, a decline of 17.4% from the April 30th total of 40,580,000 shares. Based on an average daily trading volume, of 16,060,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.8% of the shares of the company are sold short.
View Exxon Mobil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our XOM earnings forecast.

Exxon Mobil Co. (NYSE:XOM) released its quarterly earnings results on Friday, April, 28th. The oil and gas company reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.18. The oil and gas company earned $86.56 billion during the quarter, compared to analysts' expectations of $90.07 billion. Exxon Mobil had a trailing twelve-month return on equity of 31.48% and a net margin of 15.06%. The firm's quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.07 EPS.
Read the conference call transcript.

Exxon Mobil announced a quarterly dividend on Friday, April 28th. Investors of record on Tuesday, May 16th will be given a dividend of $0.91 per share on Friday, June 9th. This represents a $3.64 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Monday, May 15th.
Read our dividend analysis for XOM.

ETFs with the largest weight of Exxon Mobil (NYSE:XOM) stock in their portfolio include Energy Select Sector SPDR Fund (XLE), Strive U.S. Energy ETF (DRLL), Fidelity MSCI Energy Index ETF (FENY), iShares U.S. Energy ETF (IYE), Vanguard Energy ETF (VDE), ProShares Ultra Energy (DIG), iShares Global Energy ETF (IXC) and iShares MSCI Global Energy Producers ETF (FILL).

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.64 per share and currently has a dividend yield of 3.36%. The company has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 37.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

Exxon Mobil announced that its Board of Directors has approved a stock repurchase plan on Tuesday, February 1st 2022, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

436 employees have rated Exxon Mobil Chief Executive Officer Darren Woods on Glassdoor.com. Darren Woods has an approval rating of 26% among the company's employees. This puts Darren Woods in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 43.0% of employees surveyed would recommend working at Exxon Mobil to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Exxon Mobil investors own include AT&T (T), Chevron (CVX), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), Cisco Systems (CSCO) and General Electric (GE).

Exxon Mobil trades on the New York Stock Exchange (NYSE) under the ticker symbol "XOM."

Exxon Mobil's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.88%), State Street Corp (5.35%), FMR LLC (3.59%), Geode Capital Management LLC (1.83%), Bank of New York Mellon Corp (1.22%) and Price T Rowe Associates Inc. MD (1.18%). Insiders that own company stock include Darren W Woods, Darrin L Talley, James M Spellings Jr, Jeffrey W Ubben, Leonard M Fox, Linda D Ducharme, Michael J Angelakis 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of XOM stock can currently be purchased for approximately $107.45.

Exxon Mobil (NYSE:XOM) has a market capitalization of $434.42 billion and generates $413.68 billion in revenue each year. The oil and gas company earns $55.74 billion in net income (profit) each year or $14.77 on an earnings per share basis.

The company employs 62,000 workers across the globe.

Exxon Mobil's mailing address is 5959 LAS COLINAS BOULEVARD, IRVING TX, 75039. The official website for the company is corporate.exxonmobil.com. The oil and gas company can be reached via phone at (972) 940-6000, via email at shareholderrelations@exxonmobil.com, or via fax at 972-444-1433.