XOM - Exxon Mobil Corporation
| Previous Close | 72.13 |
| Open | 73.27 |
| Bid | 72.90 x 1800 |
| Ask | 72.99 x 800 |
| Day's Range | 72.12 - 73.29 |
| 52 Week Range | 64.65 - 89.30 |
| Volume | 14,585,070 |
| Avg. Volume | 15,394,006 |
| Market Cap | 309.026B |
| Beta (3Y Monthly) | 0.88 |
| PE Ratio (TTM) | 13.43 |
| EPS (TTM) | 5.44 |
| Earnings Date | Feb 1, 2019 |
| Forward Dividend & Yield | 3.28 (4.55%) |
| Ex-Dividend Date | 2018-11-09 |
| 1y Target Est | 83.44 |
- CNBC Videos•4 days ago
Your questions answered on defense, energy, and tech stoc...
The "Halftime Report" traders answer viewer questions on Raytheon, Exxon Mobil, Akamai, and PayPal.
- Yahoo Finance Video•4 days ago
Oil production could be slashed by up to a million barrels a day
Even though crude supply in the U.S. shrank last week, the gasoline stock supplies are rising. Senior Oil Market Analyst Ashley Petersen of Stratas Advisors says there will “definitely be a role for OPEC to play in injecting stability to prices.” Yahoo Finance’s Alexis Christoforous speaks to her.
- Kiplinger•1 hour ago
The Dogs of the Dow 2019: 10 Dividend Stocks to Watch
The "Dogs of the Dow" is a simple but successful value investing strategy that many on Wall Street swear by. It's easy: At the beginning of the year, buy the 10 highest-yielding dividend stocks in the Dow Jones Industrial Average. Hold them for a year. Next year, rinse and repeat. While this does result in higher-than-average income, the investment case really is a value one. The idea: A high dividend yield - in the kind of rock-solid blue-chip stocks the Dow tends to hold - implies that shares are oversold. Meanwhile, the continued payment of dividends shows that management remains confident in the company's earnings. Investors thus should profit both from an above-average yield, as well as an eventual recovery in share prices once Wall Street realizes its selling has gone too far. How well does the strategy work? In 2018, the Dogs of the Dow lost just 1.5% on average versus a 5.6% decline for the Dow and a 6.2% drop for the Standard & Poor's 500-stock index. The win marked the Dogs' fourth consecutive year of outperformance. And already in 2019, some Dogs are baring their fangs. Here are the 10 dividend stocks that make up the Dogs of the Dow, listed in order of their dividend yields as of the start of 2019. We also list their current yields, which have shifted a bit in the first few days of this year's trading. ### SEE ALSO: The 25 Best S&P; 500 Stocks of the Past 50 Years
- Oilprice.com•yesterday
Big Oil’s Strategy For A Global Energy Transition
Big oil is responding in different ways to the impending energy transition with varying levels of urgency, but a few trends in strategic change can be distilled
- Oilprice.com•2 days ago
Papua New Guinea Clans Unite Against Exxon
Disgruntled Papua landowners are standing up against the way the national government and Exxon Mobil are distributing the spoils of the massive Papua LNG project
- Motley Fool•3 days ago
2 Dividend Stocks I'd Buy Right Now
These giant dividend payers are out of favor, but they look like great options for income investors willing to think long term
- American City Business Journals•3 days ago
Corpus Christi Port Authority sued over levee project
The Port of Corpus Christi is facing a lawsuit in federal court seeking to stop the raising of a levee that is allegedly in violation of local zoning laws and federal and state environmental regulations.
- InvestorPlace•3 days ago
3 Reasons to Be Bullish Exxon Stock, Even After the Rally
Last year was definitely rough for Exxon Mobil (NYSE:XOM), with the shares down about 24% from the high Exxon stock was the sixth worst performer in the Dow. But the drop in XOM was more than just about the market swoon. The oil industry has had to deal with some tough headwinds, such as the volatility of crude prices and a stronger dollar. The result is that there has been drops in many oil companies like Chevron (NYSE:CVX), Royal Dutch Shell (NYSE:RDS.A, NYSE:RDS.B) and Marathon Oil (NYSE:MRO). Despite all this, might there be an opportunity, such as with Exxon stock? Well, I think so. The valuation on the stock is attractive and so is the dividend. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Retail Stocks to Buy for the Rise of Menswear So let's take a deeper look: ### XOM Stock: Integrated Model Over the years, various energy companies have pulled off major restructures. Often this has meant spinning off assets to focus on certain market segments. But Exxon has taken a different approach. That is, the company remains a highly integrated platform, with upstream (oil exploration, extraction and production) and downstream (marketing, refining and retail) assets. There is also a major chemicals business, which posted $3.2 billion in profits during the past nine months. According to Exxon executive Neil Hansen on the last earnings call: "The long-term demand fundamentals remain strong in the Chemical business." For the most part, the integrated model allows for much stability in the overall business. This can certainly be key as energy commodities are susceptible to major swings in prices (which was the case for crude oil during the past six months or so). ### XOM Stock: Investment and Production One of the nagging issues for Exxon stock has been the languishing oil-equivalent production. For example, during the latest quarter there was a 2% decline to 3.8 million barrels per day. Then again, when excluding entitlement factors and divestments, the liquids production was up 6%. Yet Exxon has been investing aggressively in production, and this should lead to better growth in the years ahead. The unconventional production in the Permian has been impressive. There are currently 38 rigs in the Midland and Delaware basins. Meanwhile, Exxon has the benefit of global scale. In the latest quarter, the company had its ninth offshore discovery in Guyana. There has also been an increase in the holdings of pre-salt basins in Brazil as well as the initiation of production in the offshore Kaombo project in Angola. It's also important to keep in mind that Exxon has a strong focus on innovation, which is critical for production. The company spends over $1 billion annually on Research & Development and has more than 19,000 scientists and engineers. As a result, Exxon has been able to create innovations in areas like seismic imaging and modeling. ### XOM Stock: Valuation and Dividend Exxon is a highly efficient organization that generates substantial profits. In Q3, earnings soared by 57% to $6.24 billion. As a result, Exxon has been a solid dividend payer, with the current yield at 4.6%. Consider that the company has increased the payout an average of 6.2% annually for the past 36 years. In other words, Exxon stock is a pretty good bet when it comes to the dividend. The debt levels are also reasonable, at about $40 billion. During the latest quarter, the company reduced it by about $1.2 billion. The debt is actually at the lowest level since 2015. And finally, Exxon stock price is fairly cheap, with the price-to-earnings ratio at about 13X. What's more, Wall Street analysts think XOM stock looks attractive. The average price target is $84, which assumes 18% potential upside from current levels. Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post 3 Reasons to Be Bullish Exxon Stock, Even After the Rally appeared first on InvestorPlace.
- Market Realist•3 days ago
Where Does Chevron’s Dividend Yield Stand?
Chevron: Analysts Expect Strong Q4 Earnings(Continued from Prior Part)Chevron pre-earningsIn this series, we reviewed the estimates for Chevron’s (CVX) fourth-quarter earnings. We discussed the company’s segmental outlook and stock performance
- Market Realist•3 days ago
What Does the IEA Think about the Oil Market?
Broader Market Supported the Energy PortfolioOil pricesOn January 17, US crude oil March futures fell 0.5% and settled at $52.36 per barrel. Rising oil production in the United States and concerns surrounding global economic growth might have
- Market Realist•3 days ago
Chevron: Analysts’ Recommendations
Chevron: Analysts Expect Strong Q4 Earnings(Continued from Prior Part)Analysts’ recommendations In January, 23 analysts rated Chevron (CVX). Among the analysts, 17 (or 74%) recommended a “buy” or “strong buy,” while six (or
- Market Realist•3 days ago
Has Short Interest in ExxonMobil Risen ahead of Its Q4 2018 Earnings?
Analysts Are Divided on ExxonMobil ahead of Its Q4 Results(Continued from Prior Part)Short interest in ExxonMobil ExxonMobil’s (XOM) short interest, which is expressed as a percentage of its outstanding shares, has risen from 0.67% on October 1,
- Financial Times•4 days ago
[$$] Martin Fayulu, Congo’s outsider, scents power
The oil executive turned political leader won the Democratic Republic of Congo’s historic presidential vote last month by a massive margin only for the country’s electoral commission to declare someone else the victor. “I won’t let the victory of the Congolese people be stolen,” he says over a patchy phone line from the heaving riverside capital, Kinshasa. Mr Fayulu is a rare breed among senior Congolese politicians, most of whom sit at the head of a large party or have ricocheted between opposition groups and government posts as the giant copper-producing country has lurched from crisis to crisis.
- Market Realist•4 days ago
Here’s the Forecast for XOM’s Price Leading Up to Its Q4 Earnings
Analysts Are Divided on ExxonMobil ahead of Its Q4 Results(Continued from Prior Part)Implied volatility in ExxonMobil In this article, we’ll look at ExxonMobil’s (XOM) stock price forecast range based on its implied volatility for the 21 days
- Zacks•4 days ago
Chevron's (CVX) Gorgon LNG Train 3 Hit by Mechanical Snag
Chevron's (CVX) Gorgon LNG project has a shipment capacity of 15.6 million metric tons per year.
Motley Fool•4 days agoWill ExxonMobil Raise Its Dividend in 2019?
Persistent pressure from oil prices poses a long-term threat to the energy giant.
- Market Realist•4 days ago
How Has ExxonMobil Stock Performed ahead of Its Q4 Results?
Analysts Are Divided on ExxonMobil ahead of Its Q4 Results(Continued from Prior Part)XOM’s performanceIn the previous article, we examined ExxonMobil’s (XOM) performance outlook by segment for the fourth quarter of 2018. Now, let’s review
- Reuters•4 days ago
Dutch citizens demand end to quake-hit Groningen gas production
Angry Dutch citizens on Thursday will ask their country's highest court to put an immediate end to gas production in the Groningen region due to the risk of life-endangering earthquakes. Decades of extraction from what once was Europe's largest natural gas field have led to dozens of minor tremors every year, damaging thousands of homes and sparking unrest among locals. An unusually severe, magnitude 3.4 quake prompted the Dutch government last year to decide to end production by 2030 and to lower it as quickly as possible in coming years.
- Reuters•5 days ago
In Papua New Guinea, Exxon's giant LNG project fuels frustration
From her red-roofed home near Papua New Guinea's capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp (XOM.N) to liquefy billions of dollars' worth of natural gas before it is shipped to Asian buyers. Dikana Iveiri can also see swaths of muddy shoreline, where mangroves have been felled for firewood by locals who don't have electricity, gas, or money to buy either. The $19 billion (£14.8 billion) Exxon-led PNG LNG project was supposed to be a game-changer for PNG, a vast South Pacific archipelago beset by poverty despite its wealth of natural resources.
Reuters•5 days agoIn Papua New Guinea, Exxon's giant LNG project fuels frustration
From her red-roofed home near Papua New Guinea's capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp to liquefy billions of dollars' worth of natural gas before it is shipped to Asian buyers. Dikana Iveiri can also see swaths of muddy shoreline, where mangroves have been felled for firewood by locals who don't have electricity, gas, or money to buy either. The $19 billion Exxon-led PNG LNG project was supposed to be a game-changer for PNG, a vast South Pacific archipelago beset by poverty despite its wealth of natural resources.
- Market Realist•5 days ago
ExxonMobil’s Q4 Outlook by Segment: A Pre-Earnings Review
Analysts Are Divided on ExxonMobil ahead of Its Q4 Results(Continued from Prior Part)Analysis by segmentBefore we proceed with its fourth-quarter outlook by segment, let’s have a look at ExxonMobil’s (XOM) third-quarter performance.
- Oilprice.com•5 days ago
Can Mozambique Avoid The ‘Resource Curse’?
Mozambique, like many other resource rich countries could be about to become a victim of the so called ‘resource curse’ as the recently discovered gas deposits could lead to increased hardship instead of economic growth
- TheStreet.com•5 days ago
Exxon Mobil Can Be Bought Here for an Upside Move
In this daily bar chart of XOM, below, we can see a relatively sharp price decline from early October to the end of December. The OBV line remains steady in October and November and only in December does it move lower. In this weekly bar chart of XOM, below, we can see a long decline.
- Market Realist•5 days ago
Is the Sharp Rise in Natural Gas Sustainable?
Is the Sharp Rise in Natural Gas Sustainable?Natural gasOn January 15, natural gas February futures fell 2.5% and settled at $3.50 per million British thermal units. On January 16, at 7:37 AM EST, natural gas prices have risen by 1.7 cents from the
