Exxon Mobil - XOM Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" XOM shares.
View XOM analyst ratings or view top-rated stocks.

22 Wall Street analysts have issued twelve-month price objectives for Exxon Mobil's shares. Their XOM share price forecasts range from $100.00 to $147.00. On average, they predict the company's stock price to reach $121.64 in the next twelve months. This suggests a possible upside of 16.3% 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 at the beginning of 2023. Since then, XOM stock has decreased by 5.2% and is now trading at $104.56.
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The company is scheduled to release its next quarterly earnings announcement on Friday, April 28th 2023.
View our XOM earnings forecast.

Exxon Mobil will be holding an earnings conference call on Friday, April 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Exxon Mobil Co. (NYSE:XOM) issued its quarterly earnings data on Tuesday, January, 31st. The oil and gas company reported $3.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.32 by $0.08. The oil and gas company earned $95.43 billion during the quarter, compared to analyst estimates of $90.21 billion. Exxon Mobil had a net margin of 13.47% and a trailing twelve-month return on equity of 31.25%. The business's revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $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 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date is Monday, February 13th.
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), Fidelity MSCI Energy Index ETF (FENY), iShares U.S. Energy ETF (IYE), Vanguard Energy ETF (VDE), Strive U.S. Energy ETF (DRLL), Direxion Daily Energy Bull 2x Shares (ERX), ProShares Ultra Energy (DIG) and iShares Global Energy ETF (IXC).

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.64 per share and currently has a dividend yield of 3.55%. 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 36.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

Exxon Mobil declared that its Board of Directors has approved a stock buyback plan 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 plans are often a sign that the company's leadership 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 institutional and retail investors. Top institutional investors include Moneta Group Investment Advisors LLC (2.99%), Geode Capital Management LLC (1.78%), Morgan Stanley (1.27%), Norges Bank (1.15%), Price T Rowe Associates Inc. MD (1.00%) and Dimensional Fund Advisors LP (0.70%). 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 $104.56.

Exxon Mobil (NYSE:XOM) has a market capitalization of $425.66 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 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 or via fax at 972-444-1433.