Is ExxonMobil stock a buy?
Bottom line: Exxon stock is not a buy. Investors can check out IBD Stock Lists and other IBD content to find dozens of the best stocks to buy or watch. Follow Gillian Rich on Twitter for energy news and more.
How much dividend does Exxon Mobil (Xom) pay?
Exxon Mobil pays an annual dividend of $3.48 per share, with a dividend yield of 5.88%. XOM's next quarterly dividend payment will be made to shareholders of record on Thursday, June 10.
How many stock splits has ExxonMobil had since going public?
Since going public, XOM has had three 2-for-1 stock splits, with the most recent on July 19, 2001. The split-adjusted all-time high price of $87.88 hit in mid-2014 and the stock has traded in a range of $70 to $85 for much of the last 2 years, except for during the COVID-19 pandemic, where it traded as low as $31.45.
What happened to Mobil after the merger with Exxon Mobil?
The merger involved a more than $73 billion deal and Mobil stockholders received 1.3 shares of Exxon for every Mobile share owned. Exxon Mobil Corporation announced two major oil discoveries and a gas discovery in the Gulf of Mexico after drilling the company’s first post-moratorium deep-water exploration well.
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What type of ownership is Exxon Mobil?
PublicAs of March 2019, ExxonMobil's largest shareholders include The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%). ExxonMobil is one of the largest of the world's Big Oil companies....ExxonMobil.TypePublicTotal equityUS$168.577 billion (2021)Number of employees64,000 (2021)18 more rows
How do I buy Exxon stock directly?
How to buy Exxon Mobil Stocks & Shares to Invest in XOM Steps of buying Exxon Mobil sharesStep 1: find a good online broker. ... Step 2: open your brokerage account. ... Step 3: deposit money to your account. ... Step 4: buy the Exxon Mobil share. ... Step 5: review your Exxon Mobil position regularly.
Is Exxon Mobil a buy or sell?
Exxon Mobil has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 10 buy ratings, 9 hold ratings, and 2 sell ratings.
Is Exxon Mobil Upstream or downstream?
ExxonMobil operates worldwide producing millions of oil-equivalent barrels of net oil and natural gas per day. The company's upstream business includes exploration, development, production, and marketing.
Is Exxon Mobil a good stock to own?
XOM stock has a perfect Composite Rating of 99. Stock performance is increasingly bullish, with shares rising 39% since the start of the year. XOM's EPS Rating is a low 76, but that partly reflects a loss in 2020. Improving earnings performance gives added credibility to a bullish outlook on Exxon Mobil stock.
Who is the transfer agent for Exxon Mobil stock?
ComputershareExxonMobil's stock transfer agent is Computershare.
Is XOM a buy in 2022?
On average, analysts forecast that XOM's EPS will be $10.26 for 2022, with the lowest EPS forecast at $8.83, and the highest EPS forecast at $11.89. On average, analysts forecast that XOM's EPS will be $9.14 for 2023, with the lowest EPS forecast at $4.99, and the highest EPS forecast at $12.08.
What is the target price for Exxon?
Stock Price TargetHigh$166.00Low$77.00Average$99.78Current Price$97.84
How many times has Exxon stock split?
According to our Exxon Mobil stock split history records, Exxon Mobil has had 5 splits.
What is Exxon upstream?
Exxonmobil Upstream Research Company provides commercial physical and biological research and development. The Company offers crude oil, natural gas, and petroleum as well as provides transportation systems, distribution centers for lubricants, and other high-value products.
What does upstream and downstream mean?
Upstream refers to the material inputs needed for production, while downstream is the opposite end, where products get produced and distributed.
What are downstream companies?
Companies in the downstream sector are those that provide the closest link to everyday users. After crude oil is discovered and extracted—the upstream process—it's shipped and transported—the midstream process. Thereafter, the oil is refined, marketed, distributed, and sold, which is the downstream process.
Is ExxonMobil stock a Buy, Sell or Hold?
ExxonMobil stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 25 buy ratings, 18 hold ratings, and 3 sel...
What was the 52-week low for ExxonMobil stock?
The low in the last 52 weeks of ExxonMobil stock was 52.11. According to the current price, ExxonMobil is 192.80% away from the 52-week low.
What was the 52-week high for ExxonMobil stock?
The high in the last 52 weeks of ExxonMobil stock was 105.57. According to the current price, ExxonMobil is 95.16% away from the 52-week high.
What are analysts forecasts for ExxonMobil stock?
The 46 analysts offering price forecasts for ExxonMobil have a median target of 73.55, with a high estimate of 120.00 and a low estimate of 36.00....
What is Exxon Mobil's dividend yield?
The current dividend yield for Exxon Mobil (NYSE:XOM) is 3.50%. Learn more on XOM's dividend yield history.
How much is Exxon Mobil's annual dividend?
The annual dividend for Exxon Mobil (NYSE:XOM) is $3.52. Learn more on XOM's annual dividend history.
How often does Exxon Mobil pay dividends?
Exxon Mobil (NYSE:XOM) pays quarterly dividends to shareholders.
When was Exxon Mobil's most recent dividend payment?
Exxon Mobil's most recent quarterly dividend payment of $0.88 per share was made to shareholders on Friday, June 10, 2022.
Is Exxon Mobil's dividend growing?
Over the past three years, Exxon Mobil's dividend has grown by an average of 2.61% per year.
What track record does Exxon Mobil have of raising its dividend?
Exxon Mobil (NYSE:XOM) has increased its dividend for the past 38 consecutive years.
When did Exxon Mobil last increase or decrease its dividend?
The most recent change in Exxon Mobil's dividend was an increase of $0.01 on Wednesday, October 27, 2021.
What is Exxon Mobil's dividend payout ratio?
The dividend payout ratio for XOM is: 58.37% based on the trailing year of earnings 35.41% based on this year's estimates 40.00% based on next y...
What is Exxon Mobil's dividend yield?
The current dividend yield for Exxon Mobil (NYSE:XOM) is 4.59%. Learn more
When is Exxon Mobil's next dividend payment?
Exxon Mobil's next quarterly dividend payment of $0.88 per share will be made to shareholders on Thursday, March 10, 2022.
When was Exxon Mobil's most recent dividend payment?
Exxon Mobil's most recent quarterly dividend payment of $0.88 per share was made to shareholders on Friday, December 10, 2021.
What track record does Exxon Mobil have of raising its dividend?
Exxon Mobil (NYSE:XOM) has increased its dividend for the past 38 consecutive years.
When did Exxon Mobil last increase or decrease its dividend?
The most recent change in Exxon Mobil's dividend was an increase of $0.01 on Wednesday, October 27, 2021.
How much has Exxon earnings stagnated?
Exxon earnings have stagnated at 0% over the last three years, according to IBD's Stock Checkup. On the revenue side, Exxon's three-year growth rate has fallen 13%. Investors generally should look for stocks with sustained earnings and sales growth of at least 25%.
How much was Exxon's EPS in Q1?
Exxon reported Q1 EPS of 65 cents on revenue of $59.15 billion, beating analyst expectations. Operating cash flow jumped 48% to $9.3 billion while drove a debt reduction of more than $4 billion.
How much money does Exxon have in 2025?
Exxon is in the midst of asset sales that could reach $25 billion through 2025, across Europe, Africa and Asia as it looks to free up more capital to invest in the Permian Basin and massive projects like an oil field in Guyana. Rivals are moving in to expand shale holdings.
How much is Exxon's operating cash flow?
Operating cash flow jumped 48% to $9.3 billion while drove a debt reduction of more than $4 billion. Exxon maintained its 2021 capital spending program at $16 billion-$19 billion. In addition to $3 billion in cost cuts in 2020, the company is on pace to achieve $3 billion in more cuts through 2023.
What company bought CXO?
And in October, ConocoPhillips ( COP) agreed to buy Concho Resources ( CXO) in an all-stock deal valued at $9.7 billion, creating the biggest independent U.S. oil producer. But a potential blockbuster merger could be possible.
When will Exxon report Q2 results?
The company is scheduled to report Q2 results on Friday, July 30. Exxon has remained committed to its dividend even amid pressures during the Covid-19 pandemic, slashing spending and jobs to protect the payout. (Katherine Welles/Shutterstock) In December, Exxon slashed its five-year spending plan.
Is Exxon a shale company?
As demand shrinks, independent U.S. shale companies are scaling back spending to stay within their balance sheets, leaving the door open for oil majors. Exxon became a bigger shale player with a $5.6 billion deal in 2017 to double its oil and gas holdings in the Permian Basin.
Why did Exxon Mobil stock hit its all time high in 2014?
Exxon Mobil stock hit its all-time high in 2014, benefiting from a steadily growing global economy. But that all ground to a halt due to the success of American nonconventional drilling. As fracking transformed the United States into the world’s biggest energy producer, we got our first real supply glut in years.
Is Exxon Mobil a blue chip?
This raises questions about Exxon Mobil (NYSE: XOM ). Exxon Mobile stock is the largest and arguably highest-quality blue chip in the energy sector. As recently as 2011, ExxonMobil was the largest company in the world by market cap. Today, it doesn’t make the top 20 and is smaller than Netflix (NASDAQ: NFLX ).
Does Exxon Mobil pay dividends?
Exxon Mobil Stock’s Dividend. In the case of Exxon Mobil stock, the answer is yes … at least for now. Exxon’s earnings have not consistently covered its dividend over the past five years (a dividend payout ratio higher than 1 means that dividend payments are higher than earnings). Large energy companies like Exxon Mobil generate a lot ...
Is ExxonMobil stock cheap?
So, while ExxonMobil stock is cheap, it’s by no means a slam dunk, even at these prices.
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Unprecedented Situations
We have a unique situation driving energy stocks at the moment. As tensions grew between some of the world’s largest oil producers, crude oil was already under pressure. However, red flags were rising once the coronavirus began its rapid spread throughout China. With many regions and cities going under lockdown, demand from China fell.
A Closer Look at Exxon Mobil Stock
Below is a 15-year monthly chart. There are no moving averages and the chart is adjusted for dividends.