Exxon Mobil - XOM Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last year. There are currently 2 sell ratings, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XOM shares.
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20 brokers have issued 12-month price targets for Exxon Mobil's stock. Their XOM share price forecasts range from $60.00 to $125.00. On average, they anticipate the company's stock price to reach $96.69 in the next twelve months. This suggests that the stock has a possible downside of 2.5%.
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Exxon Mobil's stock was trading at $61.19 at the beginning of 2022. Since then, XOM stock has increased by 62.0% and is now trading at $99.12.
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Exxon Mobil saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 40,030,000 shares, an increase of 24.2% from the August 15th total of 32,230,000 shares. Based on an average trading volume of 22,740,000 shares, the short-interest ratio is currently 1.8 days.
View Exxon Mobil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 28th 2022.
View our XOM earnings forecast.

Exxon Mobil Co. (NYSE:XOM) announced its quarterly earnings results on Friday, July, 29th. The oil and gas company reported $4.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.34. The oil and gas company had revenue of $115.68 billion for the quarter, compared to analysts' expectations of $111.67 billion. Exxon Mobil had a trailing twelve-month return on equity of 23.82% and a net margin of 10.67%. The company's revenue was up 70.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.10 earnings per share.
Read the conference call transcript.

Exxon Mobil announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Friday, August 12th will be paid a dividend of $0.88 per share on Friday, September 9th. This represents a $3.52 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Thursday, August 11th.
Read our dividend analysis for XOM.

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.52 per share and currently has a dividend yield of 3.69%. The company has been increasing its dividend for 39 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 33.65% 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 has authorized 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 buy up to 2.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is 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 number of retail and institutional investors. Top institutional shareholders include Engrave Wealth Partners LLC (0.01%), Meyer Handelman Co. (0.01%), BancFirst Trust & Investment Management (0.01%), Neville Rodie & Shaw Inc. (0.01%), Park National Corp OH (0.01%) and LVM Capital Management Ltd. MI (0.01%). Insiders that own company stock include Darren W Woods, Darrin L Talley, David S Rosenthal, James M Spellings Jr, Jeffrey W Ubben, Leonard M Fox, Liam M Mallon, Linda D Ducharme, Michael J Angelakis, Neil W Duffin, Stephen A Littleton and William C Weldon.
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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 $99.12.

Exxon Mobil (NYSE:XOM) has a market capitalization of $413.10 billion and generates $285.64 billion in revenue each year. The oil and gas company earns $23.04 billion in net income (profit) each year or $9.14 on an earnings per share basis.

The company employs 63,000 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 or via fax at 972-444-1433.