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Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Stock market today: World shares mostly higher after S&P 500 tops 5,000

Exxon Mobil (XOM) Stock Price, News & Analysis

$101.77
-2.20 (-2.12%)
(As of 02/9/2024 08:57 PM ET)
Today's Range
$101.70
$104.84
50-Day Range
$96.79
$104.81
52-Week Range
$95.77
$120.70
Volume
20.41 million shs
Average Volume
19.24 million shs
Market Capitalization
$403.31 billion
P/E Ratio
11.45
Dividend Yield
3.73%
Price Target
$127.53

Exxon Mobil MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
25.3% Upside
$127.53 Price Target
Short Interest
Bearish
2.18% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.02
Upright™ Environmental Score
News Sentiment
0.62mentions of Exxon Mobil in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$217.36 M Sold Last Quarter
Proj. Earnings Growth
7.45%
From $9.39 to $10.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Oils/Energy Sector

10th out of 233 stocks

Petroleum Refining Industry

1st out of 17 stocks


XOM stock logo

About Exxon Mobil Stock (NYSE:XOM)

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.



XOM Stock Price History

XOM Stock News Headlines

S&P 500 rockets to new highs as earnings beat estimates (XOM)
The S&P 500 hits new highs as 10 of the 11 S&P sectors report positive Q4 earnings surprises. The tech and energy sectors are among the earnings leaders.
Bear market vs recession: What are the differences? (XOM)
A bear market doesn't necessarily mean an economic recession will occur, but what are the differences? Learn more about bear market vs recession.
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
Exxon and Chevron ready to rally: The floor is in for big oil
Exxon and Chevron are both trading at a floor supported by cash flow, capital returns, and analysts' sentiment; both are good buys, but one is a better buy.
This semiconductor stock could be the best value for your money (XOM)
You should read this if your portfolio missed the past rally in the semiconductor stocks, this time, ON Semiconductor offers you a second chance
BP stock looks bullish on high dividend yield, new CEO (XOM)
BP stock shows bullish chart action, and the company may benefit from a new CEO and an activist investor pushing for more investment in fossil fuel production
3 just-upgraded energy stocks to put on your radar (XOM)
One way to sort through the noise is to watch for the stocks that analysts are singling out for upgrades. Here are three from the energy space.
3 undervalued stocks: Is now the right time to buy? (XOM)
WK Kellogg, Newmont, and WEC Energy Group have upside potential as undervalued stocks, although each is navigating challenges that pushed valuations lower.
Obama’s 2024 Confession
Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.
Energy sector's risk-off stance, underperformance so far in 2024 (XOM)
The energy sector faces a risk-off scenario in 2024, with the sector breaching key levels of support and grappling with underperformance amid market shifts.
3 mega cap stocks approaching oversold status (XOM)
Not all stocks have been enjoying the fruits of the risk-on sentiment. For one reason or another, these three stocks are lagging behind their peers.
3 mega cap stocks approaching oversold status
Not all stocks have been enjoying the fruits of the risk-on sentiment. For one reason or another, these three stocks are lagging behind their peers.
Exxon Mobil to Exit Equatorial Guinea
Exxon Mobil (NYSE:XOM) Rating Reiterated by Royal Bank of Canada
Exxon Mobil: Oil Everywhere Is A Problem
See More Headlines
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Company Calendar

Ex-Dividend for 12/11 Dividend
11/14/2023
Dividend Payable
12/11/2023
Last Earnings
2/02/2024
Today
2/12/2024
Ex-Dividend for 3/11 Dividend
2/13/2024
Dividend Payable
3/11/2024
Next Earnings (Estimated)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Integrated Oil & Gas
CUSIP
30231G10
Employees
62,000
Year Founded
1870

Price Target and Rating

Average Stock Price Target
$127.53
High Stock Price Target
$150.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+25.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
18 Analysts

Profitability

Net Income
$36.01 billion
Pretax Margin
15.32%

Debt

Sales & Book Value

Annual Sales
$334.70 billion
Cash Flow
$14.94 per share
Book Value
$53.63 per share

Miscellaneous

Outstanding Shares
3,962,918,000
Free Float
3,960,540,000
Market Cap
$403.31 billion
Optionable
Optionable
Beta
0.97

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A Guide To High-Short-Interest Stocks Cover

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XOM Stock Analysis - Frequently Asked Questions

Should I buy or sell Exxon Mobil stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" XOM shares.
View XOM analyst ratings
or view top-rated stocks.

What is Exxon Mobil's stock price target for 2024?

18 Wall Street analysts have issued 1 year price targets for Exxon Mobil's stock. Their XOM share price targets range from $105.00 to $150.00. On average, they expect the company's share price to reach $127.53 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price.
View analysts price targets for XOM
or view top-rated stocks among Wall Street analysts.

How have XOM shares performed in 2024?

Exxon Mobil's stock was trading at $99.98 at the beginning of 2024. Since then, XOM shares have increased by 1.8% and is now trading at $101.77.
View the best growth stocks for 2024 here
.

When is Exxon Mobil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our XOM earnings forecast
.

How were Exxon Mobil's earnings last quarter?

Exxon Mobil Co. (NYSE:XOM) posted its earnings results on Friday, February, 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.28. The oil and gas company earned $84.34 billion during the quarter, compared to analysts' expectations of $90.03 billion. Exxon Mobil had a trailing twelve-month return on equity of 18.51% and a net margin of 10.45%. The company's quarterly revenue was down 11.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.40 EPS.
Read the conference call transcript
.

How often does Exxon Mobil pay dividends? What is the dividend yield for Exxon Mobil?

Exxon Mobil announced a quarterly dividend on Friday, February 2nd. Shareholders of record on Wednesday, February 14th will be paid a dividend of $0.95 per share on Monday, March 11th. This represents a $3.80 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date is Tuesday, February 13th.
Read our dividend analysis for XOM
.

Is Exxon Mobil a good dividend stock?

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.80 per share and currently has a dividend yield of 3.73%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 37.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

What is Darren Woods' approval rating as Exxon Mobil's CEO?

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.

What other stocks do shareholders of Exxon Mobil own?

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).

Who are Exxon Mobil's major shareholders?

Exxon Mobil's stock is owned by many different institutional and retail investors. Top institutional shareholders include Norges Bank (1.39%), Dimensional Fund Advisors LP (0.83%), Charles Schwab Investment Management Inc. (0.68%), Fisher Asset Management LLC (0.33%), First Eagle Investment Management LLC (0.33%) and Swiss National Bank (0.32%). Insiders that own company stock include Darren W Woods, Darrin L Talley, James M Spellings Jr, Jeffrey W Ubben, Leonard M Fox, Linda D Ducharme, Michael J Angelakis and Stephen A Littleton.
View institutional ownership trends
.

How do I buy shares of Exxon Mobil?

Shares of XOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Exxon Mobil have any subsidiaries?
The following companies are subsidiares of Exxon Mobil: AKG Marketing Company Limited, Al-Jubail Petrochemical Company, Ampolex (Cepu) Pte Ltd, Ancon Insurance Company Inc., BEB Erdgas und Erdoel GmbH & Co. KG, Canada Imperial Oil Limited, Celtic Exploration Ltd., Cross Timbers Energy LLC, Ellora Energy Inc., Esso (Thailand) Public Company Limited, Esso Australia Resources Pty Ltd, Esso Deutschland GmbH, Esso Erdgas Beteiligungsgesellschaft mbH, Esso Exploration Angola (Block 15) Limited, Esso Exploration Angola (Block 17) Limited, Esso Exploration and Production Angola (Overseas) Limited, Esso Exploration and Production Chad Inc., Esso Exploration and Production Guyana Limited, Esso Exploration and Production Nigeria (Deepwater) Limited, Esso Exploration and Production Nigeria (Offshore East) Limited, Esso Exploration and Production Nigeria Limited, Esso Exploration and Production UK Limited, Esso Italiana S.r.l., Esso Nederland B.V., Esso Norge AS, Esso Petroleum Company Limited, Esso Raffinage, Esso Societe Anonyme Francaise, Exxon Azerbaijan Limited, Exxon Chemical Arabia Inc., Exxon Neftegas Limited, ExxonMobil (China) Investment Co. Ltd., ExxonMobil (Taicang) Petroleum Co. Ltd., ExxonMobil Abu Dhabi Offshore Petroleum Company Limited, ExxonMobil Africa and Middle East Management Ltd, ExxonMobil Alaska Production Inc., ExxonMobil Asia Pacific Pte. Ltd., ExxonMobil Australia Pty Ltd, ExxonMobil Barzan Limited, ExxonMobil Canada Export Trading LLC, ExxonMobil Canada Ltd., ExxonMobil Canada Properties, ExxonMobil Canada Resources Company, ExxonMobil Capital Netherlands B.V., ExxonMobil Central Europe Holding GmbH, ExxonMobil Cepu Limited, ExxonMobil Chemical France, ExxonMobil Chemical Gulf Coast Investments LLC, ExxonMobil Chemical Holland B.V., ExxonMobil China Petroleum & Petrochemical Company Limited, ExxonMobil Development Africa B.V., ExxonMobil Egypt (S.A.E.), ExxonMobil Exploracao Brasil Ltda, ExxonMobil Exploration Argentina Sociedad de Responsabilidad Limitada, ExxonMobil Exploration and Production Malaysia Inc., ExxonMobil Exploration and Production Romania Limited, ExxonMobil Exploration and Production Tanzania Limited, ExxonMobil Finance Company Limited, ExxonMobil Financial Investment Company Limited, ExxonMobil Gas Marketing Europe Limited, ExxonMobil Global Services Company, ExxonMobil Holding Company Holland LLC, ExxonMobil Hong Kong Limited, ExxonMobil Investments (Dubai) LTD, ExxonMobil Iraq Limited, ExxonMobil Italiana Gas S.r.l., ExxonMobil Kazakhstan Inc., ExxonMobil Kazakhstan Ventures Inc., ExxonMobil LNG Services B.V., ExxonMobil Marine Limited, ExxonMobil Mexico S.A. de C.V., ExxonMobil Oil Corporation, ExxonMobil PNG Antelope Limited, ExxonMobil PNG Limited, ExxonMobil Permian Highway Pipeline LLC, ExxonMobil Petroleum & Chemical BV, ExxonMobil Pipeline Company, ExxonMobil Production Deutschland GmbH, ExxonMobil Qatargas (II) Limited, ExxonMobil Qatargas Inc., ExxonMobil Ras Laffan (III) Limited, ExxonMobil Rasgas Inc., ExxonMobil Research and Engineering Company, ExxonMobil Sales and Supply LLC, ExxonMobil Upstream Integrated Solutions Company, Golden Pass LNG Terminal Investments LLC, Gulf Coast Growth Ventures LLC, Imperial Oil Limited, Imperial Oil Resources Limited, Imperial Oil Resources N.W.T. Limited, Imperial Oil/Petroliere Imperiale, InterOil Corporation, Jurong Aromatics Corporation Pte Ltd, MPM Lubricants, Mobil Australia Resources Company Pty Limited, Mobil California Exploration & Producing Asset Company, Mobil Corporation, Mobil Equatorial Guinea Inc., Mobil Oil Australia Pty Ltd, Mobil Oil Exploration & Producing Southeast Inc., Mobil Oil New Zealand Limited, Mobil Producing Nigeria Unlimited, Mobil Yanbu Petrochemical Company Inc., Mobil Yanbu Refining Company Inc., Mountain Gathering LLC, Nederlandse Aardolie Maatschappij B.V., Palmetto Transoceanic LLC, Phillips Exploration LLC, Saudi Aramco Mobil Refinery Company Ltd., Saudi Yanbu Petrochemical Co., SeaRiver Maritime Inc., SeaRiver Maritime LLC, Terminale GNL Adriatico S.r.l., Wolverine Pipe Line Company, Worex S.N.C., XH LLC, XTO Delaware Basin LLC, XTO Energy, XTO Energy Canada, XTO Energy Inc., XTO Holdings LLC, XTO Permian Midstream LLC, and XTO Permian Operating LLC.
Read More
This page (NYSE:XOM) was last updated on 2/12/2024 by MarketBeat.com Staff

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