NYSE:XOM

Exxon Mobil - XOM Stock Forecast, Price & News

$108.96

+1.84 (+1.72%)

(As of 03/29/2023 12:00 AM ET)

Add

Compare

Today's Range: $107.49
▼
$109.16
50-Day Range: $99.84
▼
$119.17
52-Week Range: $79.29
▼
$119.63

Volume: 14.20 million shs
Average Volume: 17.13 million shs
Market Capitalization: $443.58 billion

P/E Ratio: 8.22
Dividend Yield: 3.34%
Price Target: $121.64

Institutional Ownership

Exxon Mobil MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 11.6% 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: 0.73
Based on 31 Articles This Week
Insider Trading: Selling Shares
$288,750 Sold Last Quarter
Proj. Earnings Growth: -1.19%
From $10.08 to $9.96 Per Share

Overall MarketRank^™

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

2.72 out of 5 stars

Oils/Energy Sector

68th out of 250 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 11.6% from its current price of $108.96.
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.

5.0

Dividend Strength

Dividend Leadership
Exxon Mobil is a leading dividend payer. It pays a dividend yield of 3.52%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 36.55% 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.

2.6

News and Social Media Coverage

News Sentiment
Exxon Mobil has a news sentiment score of 0.73. 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 31 news articles for Exxon Mobil this week, compared to 25 articles on an average week.
Search Interest
Only 282 people have searched for XOM on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
MarketBeat Follows
Only 133 people have added Exxon Mobil to their MarketBeat watchlist in the last 30 days. This is a decrease of -24% 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 -1.19% in the coming year, from $10.08 to $9.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Exxon Mobil is 8.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Exxon Mobil is 8.22, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 63.67.
Price to Earnings Growth Ratio
Exxon Mobil has a PEG Ratio of 0.45. 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 2.22. 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.

Receive XOM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Exxon Mobil and its competitors with MarketBeat's FREE daily newsletter.

XOM Stock News Headlines

March 29, 2023 | marketbeat.com

Fast Trading Profits via Secure Dividend Stocks? You Bet

March 27, 2023 | marketbeat.com

Initiated Dividends At World Fuel Services, Are They Sustainable? (XOM)

Volatile commodity prices have allowed World Fuel Services to enjoy increased revenues and margins, letting management install a dividend and share buybacks

March 30, 2023 | Weiss Ratings (Ad)

Fed's Shocking New Plan to Control Your Money

The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 

March 24, 2023 | marketbeat.com

Chad nationalizes assets by oil giant Exxon, says government

Chad's government said it was nationalizing all assets from multinational oil giant, Exxon Mobil, including hydrocarbon and exploration permits

March 5, 2023 | marketbeat.com

Exxon Mobil sued as 5 nooses displayed at Louisiana facility

March 2, 2023 | marketbeat.com

What is ESG investing and why do some hate it so much?

After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism

March 1, 2023 | marketbeat.com

What Are Blue Chip Stocks? An Overview of Blue Chips (XOM)

Blue chip stocks come from stable, established companies that are usually household names. Learn more about blue chip stocks with MarketBeat.

February 28, 2023 | marketbeat.com

Occidental Petroleum Pulls Back To The Sweet Spot (XOM)

Occidental Petroleum pulled back to the sweet spot ahead of earnings and is now moving higher, the question is if Warren Buffet is buying now or not.

March 30, 2023 | WealthPop (Ad)

Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)

2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now.