We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 20 Wall Street research analysts have issued « buy, » « hold, » and « sell » ratings for Exxon Mobil in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should « moderate buy » XOM shares. Exxon Mobil saw a increase in short interest in the month of October.
- Thus far, we have learned that ROE measures how efficiently a company is generating its profits.
- ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders.
- As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns.
- Over the past three years, the company’s dividend has grown by an average of 1.15% per year.
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. The most recent change in the company’s dividend was an increase of $0.04 on Friday, October 27, 2023. Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Next, on comparing Exxon Mobil’s net income growth with the industry, we found that the company’s reported growth is similar to the industry average growth rate of 22% over the last few years.
Exxon Mobil Stock Price, News & Analysis (NYSE:XOM)
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Moreover, Exxon Mobil is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years.
- The Upstream segment explores for and produces oil and oil equivalents and represents roughly 70% of the income.
- The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
- It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation.
- The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.96% per year. These returns cover a period from January 1, 1988 through October 2, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
Financial Strength
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.
And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. 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. The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
Exxon Mobil Dividend Payout Ratio
Plus, XOM info will be updated daily in your free Zacks.com Portfolio Tracker. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Exxon Mobil Corporation is the largest direct descendent of John D. Rockefeller’s Standard Oil and one of the world’s largest companies.
XOM Exxon Mobil Corp.
To begin with, Exxon Mobil has a pretty high ROE which is interesting. Even when compared to the industry average of 32% the company’s ROE is pretty decent. So, Exxon Mobil’s moderate 20% growth over the past five years was probably backed by the high ROE. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
Having said that, on studying current analyst estimates, we were concerned to see that while the company has grown its earnings in the past, analysts expect its earnings to shrink in the future. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Exxon Mobil announced a quarterly dividend on Friday, October 27th.
About MarketBeat
The company’s plans include investing $15 billion into reducing greenhouse emissions by 2028. 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.
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. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. The intrinsic value infographic in our free research report helps visualize whether XOM is currently mispriced by the market.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company’s success at turning shareholder investments into profits. ExxonMobil operates through three segments xmo price 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 web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. One way to conceptualize this is that for each $1 of shareholders’ capital it has, the company made $0.31 in profit. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Exxon Mobil has increased its dividend for the past 41 consecutive years. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. We’d like to share more about how we work and what drives our day-to-day business.
Sign-up to receive the latest news and ratings for Exxon Mobil and its competitors with MarketBeat’s FREE daily newsletter. Over the past three years, the company’s dividend has grown by an average of 1.15% per year. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.