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 twelve months. 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 Wall Street analysts have issued 1 year price targets for Exxon Mobil's shares. 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 year. This suggests that the stock has a possible downside of 1.6%.
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Exxon Mobil's stock was trading at $61.19 at the beginning of the year. Since then, XOM shares have increased by 60.5% and is now trading at $98.22.
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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 days-to-cover ratio is presently 1.8 days.
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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 data on Friday, July, 29th. The oil and gas company reported $4.14 earnings per share for the quarter, topping analysts' consensus estimates of $3.80 by $0.34. The oil and gas company had revenue of $115.68 billion for the quarter, compared to the consensus estimate of $111.67 billion. Exxon Mobil had a net margin of 10.67% and a trailing twelve-month return on equity of 23.82%. The business's revenue was up 70.8% compared to the same quarter last year. During the same period last year, the business earned $1.10 EPS.
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Exxon Mobil announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Friday, August 12th will be given a dividend of $0.88 per share on Friday, September 9th. This represents a $3.52 annualized dividend and a dividend yield of 3.58%. 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 initiated a stock buyback plan on Tuesday, February 1st 2022, which allows the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership 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 many different institutional and retail 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 $98.22.

Exxon Mobil (NYSE:XOM) has a market capitalization of $409.35 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.