Exxon Mobil - XOM Stock Forecast, Price & News

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last year. There are currently 1 sell rating, 7 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XOM shares.
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24 equities research analysts have issued 12-month price targets for Exxon Mobil's stock. Their XOM share price forecasts range from $84.00 to $140.00. On average, they predict the company's share price to reach $117.96 in the next year. This suggests a possible upside of 3.5% from the stock's current price.
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Exxon Mobil's stock was trading at $110.30 at the start of the year. Since then, XOM stock has increased by 3.4% and is now trading at $114.00.
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Exxon Mobil saw a decline in short interest during the month of December. As of December 30th, there was short interest totaling 32,730,000 shares, a decline of 20.0% from the December 15th total of 40,900,000 shares. Based on an average daily volume of 17,800,000 shares, the short-interest ratio is currently 1.8 days. Approximately 0.8% of the company's stock are sold short.
View Exxon Mobil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our XOM earnings forecast.

Exxon Mobil Co. (NYSE:XOM) issued its earnings results on Tuesday, January, 31st. The oil and gas company reported $3.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.32 by $0.08. The oil and gas company had revenue of $95.43 billion for the quarter, compared to the consensus estimate of $90.21 billion. Exxon Mobil had a net margin of 13.47% and a trailing twelve-month return on equity of 31.25%. Exxon Mobil's revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.05 EPS.
Read the conference call transcript.

Exxon Mobil announced a quarterly dividend on Tuesday, January 31st. Stockholders of record on Tuesday, February 14th will be given a dividend of $0.91 per share on Friday, March 10th. This represents a $3.64 annualized dividend and a yield of 3.19%. The ex-dividend date is Monday, February 13th.
Read our dividend analysis for XOM.

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.64 per share and currently has a dividend yield of 3.26%. 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 27.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 36.88% 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 initiated a stock buyback program on Tuesday, February 1st 2022, which permits the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management 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 Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), California Public Employees Retirement System (0.23%), New York State Common Retirement Fund (0.17%), LSV Asset Management (0.15%) and Ninety One UK Ltd (0.13%). 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, 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 $114.00.

Exxon Mobil (NYSE:XOM) has a market capitalization of $469.49 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 $13.26 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.