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Exxon Mobil Corporation Message Board

  • tonydarmer tonydarmer Apr 11, 2007 1:54 PM Flag

    XOM Dividend & PEG Ratio

    Any rumors or facts about an increase in Exxon's dividend. Has not been increased for some time ... perhaps because they do not want adverse print after record profits. As a holder of Exxon for over 30 years, I think the stock is getting a little pricey ... PEG ratio of well over 2.

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    • I saw the PEG ratio and by traditional notions of what makes a stock a bargain vis a vis PEG ratio, XOM is 'overpriced' (whatever that word actually means).

      I own an appreciable amount of XOM and from my research, I feel compelled to keep buying more shares. The dividend is a tad low at current levels (1.70%) vs. the other integrated oil, super majors but this company's balance sheet is beyond belief. Value and Growth matrices are incredibly good by using traditional methods of valuation.

      I was a broker a long time ago and have been an investor for 3 decades. I don't claim to have all the answers but I've made enough mistakes along the way and tried to learn from them as quickly as possible. That said, I think XOM will see $100/sh w/in the next 12 months.

      Time will tell. If it falls back in the meantime, I'll load up the truck. It is an incredible investment over the long term w/ very very low risk/volatility imo.

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