|Bid||105.25 x 1000|
|Ask||105.26 x 900|
|Day's Range||104.32 - 106.79|
|52 Week Range||57.96 - 114.66|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||8.52|
|Earnings Date||Jan 30, 2023 - Feb 03, 2023|
|Forward Dividend & Yield||3.64 (3.50%)|
|Ex-Dividend Date||Nov 14, 2022|
|1y Target Est||118.42|
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Exxon Mobil unveiled a new corporate plan Thursday that includes increasing its stock buybacks and reducing greenhouse-gas emissions. The company also said that by 2027 “upstream production is expected to grow by 500,000 oil-equivalent barrels per day to 4.2 million oil-equivalent barrels per day.” Exxon said its near-term investments are projected to keep production at around 3.7 million barrels of oil equivalent per day in 2023, assuming a $60 per barrel Brent price.
(Bloomberg) -- Exxon Mobil Corp. raised its annual share buyback by about 10%, six weeks after the oil giant posted its highest profit in its 152-year history.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s President Accused of Coup After Move to Dissolve CongressElon Musk’s Bankers Consider Tesla Margin Loans to Cut Risky Twitter DebtWhy Did So Many US Men Quit Working? Social Status May Hold the Key, Study SaysWNBA Star Griner Released in One-for-
ExxonMobil will expand its share buyback programme to $50bn and lift capital spending, as the US supermajor continues to return huge profits to investors despite a political backlash. In a new plan announced on Thursday, Exxon said it would spend $50bn over the next three years in buying back its own shares, an increase from the current $30bn programme that was due to end in 2023. The oil industry’s earnings have surged this year after Russia’s invasion of Ukraine sent global crude and natural gas prices soaring, which producers have used to shower cash on shareholders after years of disappointing returns.