NYSE:XOM

Exxon Mobil - XOM Stock Forecast, Price & News

$109.66

+0.17 (+0.16%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: $109.05
▼
$110.17
50-Day Range: $99.84
▼
$119.17
52-Week Range: $79.29
▼
$119.63

Volume: 14.13 million shs
Average Volume: 18.67 million shs
Market Capitalization: $446.42 billion

P/E Ratio: 8.27
Dividend Yield: 3.32%
Price Target: $121.64

Institutional Ownership

Exxon Mobil MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 10.9% Upside
$121.64 Price Target
Short Interest: Healthy
0.87% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -8.02
Upright™ Environmental Score
News Sentiment: 0.86
Based on 26 Articles This Week
Insider Trading: Selling Shares
$288,750 Sold Last Quarter
Proj. Earnings Growth: -0.30%
From $9.95 to $9.92 Per Share

Overall MarketRank^™

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

2.65 out of 5 stars

Oils/Energy Sector

72nd out of 244 stocks

Petroleum Refining Industry

8th out of 17 stocks

3.3

Analyst's Opinion

Consensus Rating
Exxon Mobil has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 15 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $121.64, Exxon Mobil has a forecasted upside of 10.9% from its current price of $109.66.
Amount of Analyst Coverage
Exxon Mobil has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.87% of the float of Exxon Mobil has been sold short.
Short Interest Ratio / Days to Cover
Exxon Mobil has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Exxon Mobil has recently increased by 8.32%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Exxon Mobil pays a meaningful dividend of 3.34%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Exxon Mobil has been increasing its dividend for 40 years.
Dividend Coverage
The dividend payout ratio of Exxon Mobil is 27.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Exxon Mobil will have a dividend payout ratio of 36.69% next year. This indicates that Exxon Mobil will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Exxon Mobil has received a -172.62% net impact score from Upright. The largest negative impact of Exxon Mobil in category "GHG emissions" seems to be driven mostly by its "Crude oil", "Refined oil", "Crude natural gas", and "Oil and gas industry chemicals" products. See details.
Environmental Sustainability
The Environmental Impact score for Exxon Mobil is -8.02.

2.7

News and Social Media Coverage

News Sentiment
Exxon Mobil has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 26 news articles for Exxon Mobil this week, compared to 25 articles on an average week.
Search Interest
Only 283 people have searched for XOM on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
MarketBeat Follows
Only 131 people have added Exxon Mobil to their MarketBeat watchlist in the last 30 days. This is a decrease of -26% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Exxon Mobil insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $288,750.00 in company stock.
Percentage Held by Insiders
Only 0.04% of the stock of Exxon Mobil is held by insiders.
Percentage Held by Institutions
57.49% of the stock of Exxon Mobil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Exxon Mobil are expected to decrease by -0.30% in the coming year, from $9.95 to $9.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Exxon Mobil is 8.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Exxon Mobil is 8.27, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 77.95.
Price to Earnings Growth Ratio
Exxon Mobil has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Exxon Mobil has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Exxon Mobil (NYSE:XOM) Stock

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.

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