Exxon Mobil - XOM Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 7 hold ratings and 13 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.

20 brokerages have issued twelve-month target prices for Exxon Mobil's shares. Their XOM share price forecasts range from $84.00 to $133.00. On average, they anticipate the company's stock price to reach $110.52 in the next year. This suggests that the stock has a possible downside of 0.2%.
View analysts price targets for XOM or view top-rated stocks among Wall Street analysts.

Exxon Mobil's stock was trading at $61.19 on January 1st, 2022. Since then, XOM stock has increased by 81.1% and is now trading at $110.80.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our XOM earnings forecast.

Exxon Mobil Co. (NYSE:XOM) posted its quarterly earnings data on Friday, October, 28th. The oil and gas company reported $4.45 earnings per share for the quarter, beating analysts' consensus estimates of $3.45 by $1.00. The oil and gas company had revenue of $112.07 billion for the quarter, compared to the consensus estimate of $102.96 billion. Exxon Mobil had a trailing twelve-month return on equity of 29.52% and a net margin of 12.86%. The firm's quarterly revenue was up 51.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.58 EPS.
Read the conference call transcript.

Exxon Mobil declared a quarterly dividend on Thursday, October 27th. Investors of record on Tuesday, November 15th will be paid a dividend of $0.91 per share on Friday, December 9th. This represents a $3.64 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Monday, November 14th. This is an increase from the stock's previous quarterly dividend of $0.88.
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 3.27%. 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 29.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 33.58% 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 has authorized a share buyback plan on Tuesday, February 1st 2022, which permits the company to repurchase $10,000,000,000.00 in 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 plans are generally an indication 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.95%), State Street Corp (5.59%), Bank of New York Mellon Corp (1.23%), Price T Rowe Associates Inc. MD (0.96%), Dimensional Fund Advisors LP (0.69%) and Nuveen Asset Management LLC (0.39%). 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, Linda D Ducharme, Michael J Angelakis, Neil W Duffin, Stephen A Littleton and William C Weldon.
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.
Compare Top Brokerages Here.

One share of XOM stock can currently be purchased for approximately $110.80.

Exxon Mobil (NYSE:XOM) has a market capitalization of $456.31 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 $12.25 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.