Should I buy or sell Exxon Mobil stock right now?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 9 hold ratings and 13 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?

22 Wall Street analysts have issued twelve-month target prices for Exxon Mobil's shares. Their XOM share price targets range from $105.00 to $150.00. On average, they expect the company's share price to reach $128.70 in the next year. This suggests a possible upside of 28.7% 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 2023?

Exxon Mobil's stock was trading at $110.30 on January 1st, 2023. Since then, XOM shares have decreased by 9.4% and is now trading at $99.98. View the best growth stocks for 2023 here .

When is Exxon Mobil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024. View our XOM earnings forecast .

How were Exxon Mobil's earnings last quarter?

Exxon Mobil Co. (NYSE:XOM) announced its quarterly earnings data on Friday, October, 27th. The oil and gas company reported $2.27 EPS for the quarter, missing analysts' consensus estimates of $2.36 by $0.09. The oil and gas company had revenue of $90.76 billion for the quarter, compared to the consensus estimate of $93.41 billion. Exxon Mobil had a trailing twelve-month return on equity of 20.72% and a net margin of 11.56%. The business's quarterly revenue was down 19.0% on a year-over-year basis. During the same period last year, the company earned $4.45 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, October 27th. Investors of record on Wednesday, November 15th will be given a dividend of $0.95 per share on Monday, December 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Tuesday, November 14th. This is an increase from the stock's previous quarterly dividend of $0.91. 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 3.80%. 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 37.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 38.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for XOM .

What ETFs hold Exxon Mobil's stock?

ETFs with the largest weight of Exxon Mobil (NYSE:XOM) stock in their portfolio include Vanguard Energy ETF (VDE) , Energy Select Sector SPDR Fund (XLE) , iShares U.S. Energy ETF (IYE) , Strive U.S. Energy ETF (DRLL) , Fidelity MSCI Energy Index ETF (FENY) , iShares MSCI Global Energy Producers ETF (FILL) , iShares Global Energy ETF (IXC) and ProShares Ultra Energy (DIG) .

How will Exxon Mobil's stock buyback program work?

Exxon Mobil declared that its board has authorized a stock buyback plan on Tuesday, February 1st 2022, which authorizes the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

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) .

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

Followed 121 TimesTop Followed

NYSE:XOM

Exxon Mobil (XOM) Stock Price, News & Analysis

$99.98

-0.21 (-0.21%)

(As of 12/29/2023 ET)

Compare

Today's Range: $99.62
▼
$100.59
50-Day Range: $98.03
▼
$109.45
52-Week Range: $97.48
▼
$120.70

Volume: 17.75 million shs
Average Volume: 21.81 million shs
Market Capitalization: $396.21 billion

P/E Ratio: 9.93
Dividend Yield: 3.80%
Price Target: $128.70

Exxon Mobil MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.59 Rating Score
Upside/Downside: 28.7% Upside
$128.70 Price Target
Short Interest: Healthy
1.96% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -8.02
Upright™ Environmental Score
News Sentiment: 0.92
Based on 18 Articles This Week
Insider Trading: Selling Shares
$217.36 M Sold Last Quarter
Proj. Earnings Growth: 6.32%
From $9.18 to $9.76 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.04 out of 5 stars

Oils/Energy Sector

15th out of 233 stocks

Petroleum Refining Industry

2nd out of 17 stocks

4.3

Analyst's Opinion

Consensus Rating
Exxon Mobil has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 13 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $128.70, Exxon Mobil has a forecasted upside of 28.7% from its current price of $99.98.
Amount of Analyst Coverage
Exxon Mobil has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.96% of the float of Exxon Mobil has been sold short.
Short Interest Ratio / Days to Cover
Exxon Mobil has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Exxon Mobil has recently increased by 17.95%, indicating that investor sentiment is decreasing significantly.

5.0

Dividend Strength

Dividend Leadership
Exxon Mobil is a leading dividend payer. It pays a dividend yield of 3.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Exxon Mobil has been increasing its dividend for 41 years.
Dividend Coverage
The dividend payout ratio of Exxon Mobil is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Exxon Mobil will have a dividend payout ratio of 38.93% next year. This indicates that Exxon Mobil will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Exxon Mobil has received a -172.62% net impact score from Upright. The largest negative impact of Exxon Mobil in category "GHG emissions" seems to be driven mostly by its "Crude oil", "Refined oil", "Crude natural gas", and "Oil and gas industry chemicals" products. See details.
Environmental Sustainability
The Environmental Impact score for Exxon Mobil is -8.02.

3.3

News and Social Media Coverage

News Sentiment
Exxon Mobil has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Exxon Mobil this week, compared to 26 articles on an average week.
Search Interest
289 people have searched for XOM on MarketBeat in the last 30 days. This is an increase of 34% compared to the previous 30 days.
MarketBeat Follows
123 people have added Exxon Mobil to their MarketBeat watchlist in the last 30 days. This is an increase of 128% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Exxon Mobil insiders have sold 720.48% more of their company's stock than they have bought. Specifically, they have bought $26,492,500.00 in company stock and sold $217,364,420.00 in company stock.
Percentage Held by Insiders
Only 0.06% of the stock of Exxon Mobil is held by insiders.
Percentage Held by Institutions
58.53% of the stock of Exxon Mobil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Exxon Mobil are expected to grow by 6.32% in the coming year, from $9.18 to $9.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Exxon Mobil is 9.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Exxon Mobil is 9.93, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.01.
Price to Earnings Growth Ratio
Exxon Mobil has a PEG Ratio of 3.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Exxon Mobil has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

XOM Stock News Headlines

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December 14, 2023 | marketbeat.com

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Mega merger in the works? Humana, Cigna explore big deal (XOM)

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December 31, 2023 | MarketBeat Internal (Ad)

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December 31, 2023 | msn.com

Exxon Stock Is at a Trough and Is Cheap Here Given Its Massive Free Cash Flow

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Exxon Mobil: Preparing For A Changing World

December 30, 2023 | msn.com

6 Reasons To Avoid Exxon Mobil (XOM) Stock Right Now

December 28, 2023 | finance.yahoo.com

Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts

December 27, 2023 | finance.yahoo.com

Down in 2023, Are XOM & CVX Poised for a Turnaround in 2024?

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Exxon Mobil: Oil Bulls Have A Problem

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XOM Dec 2023 115.000 put

December 26, 2023 | benzinga.com

Exxon Mobil Stock (NYSE:XOM) Insider Trades

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XOM Feb 2024 102.000 call

December 23, 2023 | finance.yahoo.com

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December 23, 2023 | americanbankingnews.com

Exxon Mobil (NYSE:XOM) Given "Hold" Rating at Erste Group Bank

December 22, 2023 | benzinga.com

Market Whales and Their Recent Bets on XOM Options

December 22, 2023 | finance.yahoo.com

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December 21, 2023 | msn.com

ExxonMobil (XOM) Gets Approval for Hebron Field Expansion

December 21, 2023 | finance.yahoo.com

M&A market: What will it look like in 2024?

December 21, 2023 | finance.yahoo.com

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December 21, 2023 | americanbankingnews.com

Leonard M. Fox Sells 12,000 Shares of Exxon Mobil Co. (NYSE:XOM) Stock

December 20, 2023 | finance.yahoo.com

TotalEnergies (TTE) Signs Two Solar CPPA With LyondellBasell

See More Headlines

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Company Calendar

Last Earnings: 10/27/2023
Ex-Dividend for 12/11 Dividend: 11/14/2023
Dividend Payable: 12/11/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Petroleum refining
Sub-Industry: Integrated Oil & Gas
Sector: Oils/Energy
Current Symbol: NYSE:XOM
CUSIP: 30231G10
CIK: 34088
Web: corporate.exxonmobil.com
Phone: (972) 940-6000
Fax: 972-444-1433
Employees: 62,000
Year Founded: 1870

Price Target and Rating

Average Stock Price Target: $128.70
High Stock Price Target: $150.00
Low Stock Price Target: $105.00
Potential Upside/Downside: +28.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.59
Research Coverage: 22 Analysts

Profitability

EPS (Most Recent Fiscal Year): $10.07
Trailing P/E Ratio: 9.93
Forward P/E Ratio: 10.89
P/E Growth: 3.63
Net Income: $55.74 billion
Net Margins: 11.56%
Pretax Margin: 17.15%
Return on Equity: 20.72%
Return on Assets: 11.57%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 1.42
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $413.68 billion
Price / Sales: 0.96
Cash Flow: $20.20 per share
Price / Cash Flow: 4.95
Book Value: $49.16 per share
Price / Book: 2.03

Miscellaneous

Outstanding Shares: 3,962,920,000
Free Float: 3,960,540,000
Market Cap: $396.21 billion
Optionable: Optionable
Beta: 1.01

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Key Executives

Mr. Darren W. Woods (Age 58)
Chairman of the Board, President & CEO
Comp: $8.46M
Ms. Kathryn A. Mikells (Age 57)
Senior VP & CFO
Comp: $5.57M
Mr. Neil A. Chapman (Age 61)
Senior Vice President
Comp: $5.25M
Mr. Jack P. Williams Jr. (Age 59)
Senior Vice President
Comp: $5.4M
Ms. Karen T. McKee (Age 55)
VP & President of ExxonMobil Product Solutions Company
Comp: $4.61M
Mr. Leonard M. Fox (Age 59)
VP, Principal Accounting Officer & Controller
Ms. Jennifer K. Driscoll (Age 57)
Vice President of Investor Relations
Mr. Craig S. Morford (Age 64)
VP, Secretary & General Counsel
Ms. Suzanne M. McCarron
Vice President of Public & Government Affairs
Ms. Tracey C. Gunnlaugsson
Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

XOM Stock Analysis - Frequently Asked Questions

Should I buy or sell Exxon Mobil stock right now?: 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 9 hold ratings and 13 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?: 22 Wall Street analysts have issued twelve-month target prices for Exxon Mobil's shares. Their XOM share price targets range from $105.00 to $150.00. On average, they expect the company's share price to reach $128.70 in the next year. This suggests a possible upside of 28.7% 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 2023?: Exxon Mobil's stock was trading at $110.30 on January 1st, 2023. Since then, XOM shares have decreased by 9.4% and is now trading at $99.98.
View the best growth stocks for 2023 here.
When is Exxon Mobil's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our XOM earnings forecast.
How were Exxon Mobil's earnings last quarter?: Exxon Mobil Co. (NYSE:XOM) announced its quarterly earnings data on Friday, October, 27th. The oil and gas company reported $2.27 EPS for the quarter, missing analysts' consensus estimates of $2.36 by $0.09. The oil and gas company had revenue of $90.76 billion for the quarter, compared to the consensus estimate of $93.41 billion. Exxon Mobil had a trailing twelve-month return on equity of 20.72% and a net margin of 11.56%. The business's quarterly revenue was down 19.0% on a year-over-year basis. During the same period last year, the company earned $4.45 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, October 27th. Investors of record on Wednesday, November 15th will be given a dividend of $0.95 per share on Monday, December 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Tuesday, November 14th. This is an increase from the stock's previous quarterly dividend of $0.91.
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 3.80%. 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 37.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 38.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

What ETFs hold Exxon Mobil's stock?: ETFs with the largest weight of Exxon Mobil (NYSE:XOM) stock in their portfolio include Vanguard Energy ETF (VDE), Energy Select Sector SPDR Fund (XLE), iShares U.S. Energy ETF (IYE), Strive U.S. Energy ETF (DRLL), Fidelity MSCI Energy Index ETF (FENY), iShares MSCI Global Energy Producers ETF (FILL), iShares Global Energy ETF (IXC) and ProShares Ultra Energy (DIG).
How will Exxon Mobil's stock buyback program work?: Exxon Mobil declared that its board has authorized a stock buyback plan on Tuesday, February 1st 2022, which authorizes the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.
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).
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.
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This page (NYSE:XOM) was last updated on 12/31/2023 by MarketBeat.com Staff

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