Exxon Mobil, the 5th largest energy company in the world, is a product of the merger of Exxon and Mobil, both of which were descendants of John D. Rockefeller’s Standard Oil. Exxon Mobil stock forecast price has hit significant heights since the merger. With Exxon Mobil stock price experiencing notable peaks in 2005, 2007 and 2014. WTI crude oil closed 0.5% higher to $85.98 per barrel while the U.S. Government maneuvers the emergency reserves to rein in prices. The Biden administration will look to replenish inventories when prices hover between $67 … According to Seeking Alpha’s objective quantitative evaluation of the data, Exxon Mobil is a STRONG BUY. The strong buy rating is based on positive valuation, growth, profitability, momentum, and revisions data.

Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.30%), HighTower Trust Company N.A. (0.07%), Pacer Advisors Inc. (0.04%), Gateway Investment Advisers LLC (0.03%), Mackenzie Financial Corp (0.03%) and Nordea Investment Management AB (0.03%). Exxon Mobil announced that its Board of Directors has approved a share repurchase program on Tuesday, February 1st 2022, which permits the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued. In the past three months, Exxon Mobil insiders have bought 35,827.95% more of their company’s stock than they have sold.

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Exxon Signs First Big Carbon-Capture Contract

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Get Started Learn how you can make more money with IBD’s investing tools, top-performing stock lists, and educational content. IBD Videos Get market updates, educational videos, webinars, and stock analysis. ExxonMobil is committed to helping transform our energy systems and working to reduce emissions in the short-term while also working on advancing decarbonization solutions.

It doesn’t matter how much money you have in your 401k or IRA, you need to listen to Louis Navellier’s forecast… And no, he’s not predicting a stock market crash, recession or a currency collapse. A powerful force is driving a wedge between DotBig the haves and the have-nots. Click here for key steps every American should take right now – you’ll be ahead of everyone else struggling to understand what is really going on. Opened short on XOM daily after bearish hammer at the local high.

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure https://dotbig.com/markets/stocks/XOM/ of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

  • Exxon’s forward P/E of 9.03 is approximately half of the current S&P 500 forward P/E of 18.
  • The Biden administration will look to replenish inventories when prices hover between $67 …
  • This implies 31.5% upside is in the cards over the next 12 months.
  • The lowest target is $77.77 and the highest is $140.7.
  • Year-to-date, Exxon Mobil’s stock is up 58% while the S&P 500 is down 17%.
  • MarketBeat has tracked 51 news articles for Exxon Mobil this week, compared to 24 articles on an average week.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more. MarketBeat All Access members have access Exxon Mobil stock forecast to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks. 436 employees have rated Exxon Mobil Chief Executive Officer Darren Woods on Glassdoor.com.

Exxon Mobil Q2 Earnings Highlights

We operate facilities or market products all over the world and explore for oil and natural gas on six continents. View our full suite Exxon Mobil stock of financial calendars and market data tables, all for free. Exxon Mobil declared a quarterly dividend on Wednesday, July 27th.

Exxon Mobil stock

My professional background has provided me with an intimate knowledge of corporate financial statements and how companies actually make money. This expertise and wisdom is the value I wish to share with you. Here is a profile of me featured in the Globe and Mail detailing my career. The sizable investments Exxon’s been making over the past several years puts the company in a great position to deliver increased production at a time when the world needs it most. The Texas oil titan is continuing to increase production of low-cost barrels in Guyana and the Permian all while maximizing output of currently existing facilities as well.

Exxon Mobil – XOM Stock Forecast, Price & News

Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. 1Ex-dividend date is one business day before the record date. Dividends are paid to shareholders of record on the record date.

ExxonMobil Estimates* in USD

One share of XOM stock can currently be purchased for approximately $105.86. Only 0.04% of the stock of Exxon Mobil is held by insiders. 377 people have searched for XOM on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous DotBig 30 days. MarketBeat has tracked 2 reddit mentions for Exxon Mobil this week, compared to 8 mentions on an average week. Short interest in Exxon Mobil has recently decreased by 9.55%, indicating that investor sentiment is improving significantly.

The benefits of Group I base oils in a shifting market

New Investing with IBD Podcast Tune into this week’s podcast with guest Thomas Carr on preparing for the next bull run. This snackmaker’s stock soars on an earnings beat while miner stock… The cartel’s move aimed to support oil prices against forecasts for decreasing economic activity and demand. ExxonMobil has a proven record of successfully meeting society’s evolving demand for energy. With longstanding investments in technology coupled with the ingenuity of our people, we are well positioned to continue to responsibly meet the demands of a more prosperous world. Exxon Mobil’s most recent quarterly dividend payment of $0.88 per share was made to shareholders on Friday, September 9, 2022. Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements.

Bull of the Day: ExxonMobil (XOM)

Meanwhile, it has a 97 Relative Strength Rating, an exclusive IBD Stock Checkup measurement for share price movement with a 1 to 99 score, with 99 tops. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. For much of 2022, oil and gas companies have consistently outperformed the market. Exxon Mobil along with other https://dotbig.com/ gas and oil companies, including Chevron and Shell , has posted strong profits in 2022. That growth has been due largely to the price of gasoline, which has outpaced the fast-rising costs of other goods and services. Meanwhile, the drop in prices for oil and other liquids, such as ethane and propane, is expected to result in a loss of $1.4 billion-$1.8 billion in those segments.