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14 best consumer staples dividend stocks
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Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

Exxon Mobil Stock Price, News & Analysis (NYSE:XOM)

$99.11
-1.33 (-1.32%)
(As of 12/6/2023 ET)
Compare
Today's Range
$98.34
$100.72
50-Day Range
$99.11
$119.49
52-Week Range
$98.02
$120.70
Volume
31.12 million shs
Average Volume
17.13 million shs
Market Capitalization
$392.77 billion
P/E Ratio
9.84
Dividend Yield
3.83%
Price Target
$129.65

Exxon Mobil MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
30.8% Upside
$129.65 Price Target
Short Interest
Healthy
1.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.02
Upright™ Environmental Score
News Sentiment
0.62mentions of Exxon Mobil in the last 14 days
Based on 47 Articles This Week
Insider Trading
Selling Shares
$216.13 M Sold Last Quarter
Proj. Earnings Growth
9.20%
From $9.24 to $10.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.24 out of 5 stars

Oils/Energy Sector

5th out of 204 stocks

Petroleum Refining Industry

2nd out of 16 stocks


XOM stock logo

About Exxon Mobil Stock (NYSE:XOM)

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, ExxonMobil claimed about 18.5 million barrels of oil and oil equivalents at the end of 2021 and was ranked 15th globally.

ExxonMobil 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.

ExxonMobil 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.



XOM Stock Price History

XOM Stock News Headlines

Mega merger in the works? Humana, Cigna explore big deal (XOM)
Humana and Cigna are exploring a merger, aiming to conclude the deal before year-end, creating a healthcare giant with a potential market value of $137 billion.
Are blue chip stocks a good investment? (XOM)
Are blue chip stocks a good investment? Are there other investments you should consider in addition to or before blue chips? Learn more with MarketBeat.
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Refiners, transporters surge: Niche energy markets defy oil slump (XOM)
Despite Chevron and Exxon Mobil trading below their highs, sub-industries such as transportation and pipelines show resilience, driven by dividends and demand.
Exxon Mobil is drilling for lithium in Arkansas and expects to begin production by 2027
Exxon Mobil is drilling for lithium in Arkansas and expects to begin production of the critical material for electric vehicles by 2027
2 sectors reducing debt and paying shareholders (XOM)
Energy and defense stocks are generating solid cash flows in 2023 that allow them to pay down debt, increase dividends, and repurchase shares
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Exxon Mobil forecasts higher production in 2024
Venezuela orders oil drilling in Guyana-run territory
See More Headlines
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Company Calendar

Ex-Dividend for 9/11 Dividend
8/15/2023
Dividend Payable
9/11/2023
Last Earnings
10/27/2023
Ex-Dividend for 12/11 Dividend
11/14/2023
Today
12/06/2023
Dividend Payable
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/30/2024

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
$129.65
High Stock Price Target
$150.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+30.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
21 Analysts

Profitability

Net Income
$55.74 billion
Pretax Margin
17.15%

Debt

Sales & Book Value

Annual Sales
$413.68 billion
Cash Flow
$19.43 per share
Book Value
$49.16 per share

Miscellaneous

Outstanding Shares
3,962,920,000
Free Float
3,961,333,000
Market Cap
$392.77 billion
Optionable
Optionable
Beta
1.01

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XOM Stock Analysis - Frequently Asked Questions

Should I buy or sell Exxon Mobil stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" XOM shares.
View XOM analyst ratings
or view top-rated stocks.

What is Exxon Mobil's stock price target for 2024?

21 brokerages have issued 12 month price objectives for Exxon Mobil's shares. Their XOM share price targets range from $105.00 to $150.00. On average, they predict the company's share price to reach $129.65 in the next year. This suggests a possible upside of 30.8% from the stock's current price.
View analysts price targets for XOM
or view top-rated stocks among Wall Street analysts.

How have XOM shares performed in 2023?

Exxon Mobil's stock was trading at $110.30 at the start of the year. Since then, XOM shares have decreased by 10.1% and is now trading at $99.11.
View the best growth stocks for 2023 here
.

Are investors shorting Exxon Mobil?

Exxon Mobil saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 71,280,000 shares, an increase of 23.8% from the October 15th total of 57,570,000 shares. Based on an average daily volume of 18,290,000 shares, the short-interest ratio is presently 3.9 days. Approximately 1.8% of the shares of the stock are sold short.
View Exxon Mobil's Short Interest
.

When is Exxon Mobil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our XOM earnings forecast
.

How were Exxon Mobil's earnings last quarter?

Exxon Mobil Co. (NYSE:XOM) posted its earnings results on Friday, October, 27th. The oil and gas company reported $2.27 EPS for the quarter, missing analysts' consensus estimates of $2.36 by $0.09. The oil and gas company earned $90.76 billion during the quarter, compared to analysts' expectations of $93.41 billion. Exxon Mobil had a net margin of 11.56% and a trailing twelve-month return on equity of 20.72%. The company's revenue for the quarter was down 19.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.45 EPS.
Read the conference call transcript
.

How often does Exxon Mobil pay dividends? What is the dividend yield for Exxon Mobil?

Exxon Mobil announced a quarterly dividend on Friday, October 27th. Investors of record on Wednesday, November 15th will be given a dividend of $0.95 per share on Monday, December 11th. This represents a $3.80 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Tuesday, November 14th. This is a positive change from the stock's previous quarterly dividend of $0.91.
Read our dividend analysis for XOM
.

Is Exxon Mobil a good dividend stock?

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.80 per share and currently has a dividend yield of 3.69%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 37.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

How will Exxon Mobil's stock buyback program work?

Exxon Mobil declared that its board has initiated a stock repurchase program on Tuesday, February 1st 2022, which permits the company to buyback $10,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its stock is undervalued.

What is Darren Woods' approval rating as Exxon Mobil's CEO?

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.

What other stocks do shareholders of Exxon Mobil own?

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).

Who are Exxon Mobil's major shareholders?

Exxon Mobil's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (3.66%), Morgan Stanley (1.36%), Northern Trust Corp (1.10%), Bank of New York Mellon Corp (1.06%), Charles Schwab Investment Management Inc. (0.69%) and Ameriprise Financial Inc. (0.55%). 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
.

How do I buy shares of Exxon Mobil?

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.
Compare Top Brokerages Here.

Does Exxon Mobil have any subsidiaries?
The following companies are subsidiares of Exxon Mobil: AKG Marketing Company Limited, Al-Jubail Petrochemical Company, Ampolex (Cepu) Pte Ltd, Ancon Insurance Company Inc., BEB Erdgas und Erdoel GmbH & Co. KG, Canada Imperial Oil Limited, Celtic Exploration Ltd., Cross Timbers Energy LLC, Ellora Energy Inc., Esso (Thailand) Public Company Limited, Esso Australia Resources Pty Ltd, Esso Deutschland GmbH, Esso Erdgas Beteiligungsgesellschaft mbH, Esso Exploration Angola (Block 15) Limited, Esso Exploration Angola (Block 17) Limited, Esso Exploration and Production Angola (Overseas) Limited, Esso Exploration and Production Chad Inc., Esso Exploration and Production Guyana Limited, Esso Exploration and Production Nigeria (Deepwater) Limited, Esso Exploration and Production Nigeria (Offshore East) Limited, Esso Exploration and Production Nigeria Limited, Esso Exploration and Production UK Limited, Esso Italiana S.r.l., Esso Nederland B.V., Esso Norge AS, Esso Petroleum Company Limited, Esso Raffinage, Esso Societe Anonyme Francaise, Exxon Azerbaijan Limited, Exxon Chemical Arabia Inc., Exxon Neftegas Limited, ExxonMobil (China) Investment Co. Ltd., ExxonMobil (Taicang) Petroleum Co. Ltd., ExxonMobil Abu Dhabi Offshore Petroleum Company Limited, ExxonMobil Africa and Middle East Management Ltd, ExxonMobil Alaska Production Inc., ExxonMobil Asia Pacific Pte. Ltd., ExxonMobil Australia Pty Ltd, ExxonMobil Barzan Limited, ExxonMobil Canada Export Trading LLC, ExxonMobil Canada Ltd., ExxonMobil Canada Properties, ExxonMobil Canada Resources Company, ExxonMobil Capital Netherlands B.V., ExxonMobil Central Europe Holding GmbH, ExxonMobil Cepu Limited, ExxonMobil Chemical France, ExxonMobil Chemical Gulf Coast Investments LLC, ExxonMobil Chemical Holland B.V., ExxonMobil China Petroleum & Petrochemical Company Limited, ExxonMobil Development Africa B.V., ExxonMobil Egypt (S.A.E.), ExxonMobil Exploracao Brasil Ltda, ExxonMobil Exploration Argentina Sociedad de Responsabilidad Limitada, ExxonMobil Exploration and Production Malaysia Inc., ExxonMobil Exploration and Production Romania Limited, ExxonMobil Exploration and Production Tanzania Limited, ExxonMobil Finance Company Limited, ExxonMobil Financial Investment Company Limited, ExxonMobil Gas Marketing Europe Limited, ExxonMobil Global Services Company, ExxonMobil Holding Company Holland LLC, ExxonMobil Hong Kong Limited, ExxonMobil Investments (Dubai) LTD, ExxonMobil Iraq Limited, ExxonMobil Italiana Gas S.r.l., ExxonMobil Kazakhstan Inc., ExxonMobil Kazakhstan Ventures Inc., ExxonMobil LNG Services B.V., ExxonMobil Marine Limited, ExxonMobil Mexico S.A. de C.V., ExxonMobil Oil Corporation, ExxonMobil PNG Antelope Limited, ExxonMobil PNG Limited, ExxonMobil Permian Highway Pipeline LLC, ExxonMobil Petroleum & Chemical BV, ExxonMobil Pipeline Company, ExxonMobil Production Deutschland GmbH, ExxonMobil Qatargas (II) Limited, ExxonMobil Qatargas Inc., ExxonMobil Ras Laffan (III) Limited, ExxonMobil Rasgas Inc., ExxonMobil Research and Engineering Company, ExxonMobil Sales and Supply LLC, ExxonMobil Upstream Integrated Solutions Company, Golden Pass LNG Terminal Investments LLC, Gulf Coast Growth Ventures LLC, Imperial Oil Limited, Imperial Oil Resources Limited, Imperial Oil Resources N.W.T. Limited, Imperial Oil/Petroliere Imperiale, InterOil Corporation, Jurong Aromatics Corporation Pte Ltd, MPM Lubricants, Mobil Australia Resources Company Pty Limited, Mobil California Exploration & Producing Asset Company, Mobil Corporation, Mobil Equatorial Guinea Inc., Mobil Oil Australia Pty Ltd, Mobil Oil Exploration & Producing Southeast Inc., Mobil Oil New Zealand Limited, Mobil Producing Nigeria Unlimited, Mobil Yanbu Petrochemical Company Inc., Mobil Yanbu Refining Company Inc., Mountain Gathering LLC, Nederlandse Aardolie Maatschappij B.V., Palmetto Transoceanic LLC, Phillips Exploration LLC, Saudi Aramco Mobil Refinery Company Ltd., Saudi Yanbu Petrochemical Co., SeaRiver Maritime Inc., SeaRiver Maritime LLC, Terminale GNL Adriatico S.r.l., Wolverine Pipe Line Company, Worex S.N.C., XH LLC, XTO Delaware Basin LLC, XTO Energy, XTO Energy Canada, XTO Energy Inc., XTO Holdings LLC, XTO Permian Midstream LLC, and XTO Permian Operating LLC.
Read More
This page (NYSE:XOM) was last updated on 12/7/2023 by MarketBeat.com Staff

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