XOM - Exxon Mobil Corporation

NYSE - NYSE Delayed Price. Currency in USD
-0.30 (-0.37%)
At close: 4:00PM EDT

81.18 +0.05 (0.06%)
After hours: 6:13PM EDT

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Previous Close81.43
Bid81.15 x 900
Ask81.28 x 4000
Day's Range81.07 - 81.83
52 Week Range64.65 - 87.36
Avg. Volume12,274,327
Market Cap343.431B
Beta (3Y Monthly)1.07
PE Ratio (TTM)16.62
EPS (TTM)4.88
Earnings DateApr 26, 2019
Forward Dividend & Yield3.28 (4.06%)
Ex-Dividend Date2019-02-08
1y Target Est84.63
Trade prices are not sourced from all markets
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  • InvestorPlace17 hours ago

    Cloud Strength Will Keep Microsoft Stock On A Winning Path

    As financial markets have rebounded in 2019, so have shares of now-cloud giant Microsoft (NASDAQ:MSFT). Owing to its operational stability, lack of any prominent headwinds, and robust exposure to secular growth tailwinds in the cloud market, MSFT stock was largely insulated from the late 2018 market sell-off.Until December. Then, markets fell off a cliff. So did MSFT stock. In just a few weeks, it spiraled from $112 to $94.Since then, it's been nothing but up, up and away for MSFT stock. The shares rebounded back above $100 by the end of the year. They cruised past $110 by February and by April, sailed above $120. All together, MSFT stock has rebounded 30% over the past few months to trade at fresh all-time highs today.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Q3 Numbers Will Be Gut CheckThis rally is about to get a gut check. Microsoft reports third quarter numbers next week. Considering how far and how fast Microsoft stock has come over the past few months, the company needs these numbers to be good in order for the stock to hold onto its year-to-date gains.Will the numbers be good? I think so. Everything I'm looking at suggests that Microsoft's cloud business has been on fire over the past few months. Ultimately, that should lead to headline beating numbers which will keep the rally in MSFT stock alive.Bigger picture, continued cloud strength will keep MSFT stock on a longer-term winning trajectory. Until that cloud strength cools, MSFT stock will keep making new highs. Investors Brushed Off Earlier DisappointmentBroadly speaking, Microsoft's upcoming third quarter earnings report is critical because it has the power to either confirm or negate the big year-to-date rally in MSFT stock. * 10 S&P 500 Stocks to Weather the Earnings Storm To be sure, this isn't the first time we've heard numbers from Microsoft in 2019. Back in late January, the company delivered Q2 numbers that were largely underwhelming. The big negative? Slowing growth. Revenue growth slowed from 18% in Q1 to 12% in Q2, while operating profit lost its mojo, with growth sliding from 28% to 18%. The culprit behind slower top- and bottom-line growth? Slowing cloud expansion, and that wasn't a bullish sign, since the Microsoft growth narrative goes as its cloud businesses go.But, investors largely brushed off those slowing growth concerns, and MSFT stock has rallied ever since. Why? Because investors chalked-up slowing Q2 cloud growth to broadly deteriorating global economic conditions. Those global conditions have meaningfully improved since late 2018, and as such, investors are thinking that maybe the Q2 cloud slowdown at Microsoft was just a blip on the radar. They reason that Q3 numbers should be much better.From this perspective, Microsoft needs to report a solid Q3 in order to satisfy bulls and keep MSFT stock in rally mode. Earnings Will Be GoodFortunately, I think Microsoft will deliver solid third-quarter numbers.Over the past several months, Exxon (NYSE:XOM) has tapped Microsoft as its cloud service provider in what is reportedly the largest cloud computing partnership in the oil industry. Volkswagen struck a similar large cloud deal. Meanwhile, Microsoft has teamed up with Adobe (NASDAQ:ADBE), VMWare (NYSE:VMW), and Slack in separate landmark partnerships, all of which have only broadened the utility and use cases of Microsoft's enterprise cloud solutions. Microsoft has also been named as one of the finalist for the Pentagon's huge JEDI contract, with the other being Amazon (NASDAQ:AMZN).In other words, it appears that over the past several months, Microsoft's cloud businesses have re-gained momentum that was lost in late 2018. This momentum will show up through improved Q3 growth rates, which will excite bulls and keep the stock in rally mode. * 7 High-Risk Stocks With Big Potential Rewards Longer term, this trend should continue to play out in favor of MSFT stock. The global cloud growth narrative is still in its first few innings, and Microsoft has established itself as an entrenched and dominant player in that industry. Thus, as cloud becomes a bigger and bigger piece of the total Microsoft pie, overall growth rates and margins will continue to improve. That will lead to healthy profit growth, which will ultimately keep MSFT stock on a winning trajectory. Bottom Line on MSFT StockThe big picture here is very easy to digest. Cloud is a huge growth industry, and Microsoft is right at the heart of all that growth. Thanks to the company's dominant position in the secular growth cloud industry, MSFT stock has secured a bright future for itself.As of this writing, Luke Lango was long ADBE and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Cloud Strength Will Keep Microsoft Stock On A Winning Path appeared first on InvestorPlace.

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    Why Exxon Mobil Stock Isn’t the Play in the Suddenly Hot Energy Sector

    Exxon Mobil (NYSE:XOM) has a lot going for it. The company's integrated structure mitigates the effect on oil prices on earnings -- and on the XOM stock price. New management has an aggressive growth plan. Annual dividend increases continues to be solid with Exxon Mobil stock currently offering an attractive 4% yield.Overall, I like XOM stock -- at the right price. Indeed, I bought Exxon Mobil stock last year in the $70s. But I sold it in the $80s, because, again, price matters for the shares.With interest in the energy sector heating up of late, thanks to a big merger and higher oil prices, Exxon Mobil stock might seem even more attractive at the moment. But the same structure that mitigates risk also reduces reward. And so investors seeing more upside in energy stocks should remember that if the sector continues to rally, XOM is likely to underperform.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Energy Sector Gets HotThe U.S. energy industry -- which has struggled for a good chunk of the post-crisis bull market -- looks hot again. WTI crude oil prices have risen 39% already in 2019. Shale plays in Texas, in particular, are growing production at a rapid clip. And now Chevron (NYSE:CVX) is planning to acquire Anadarko Petroleum (NYSE:APC) in a deal valued at nearly $50 billion. * 10 Dow Jones Stocks Holding the Blue Chip Index Back As CNBC reported, there's a sentiment among analysts, at least, that the Chevron-Anadarko deal is just the first of many. Investors seem to agree, as major Permian stocks like Pioneer Natural Resources (NYSE:PXD) and Concho Resources (NYSE:CXO) jumped on the news of the acquisition. Those companies could be acquisition targets themselves with Exxon Mobil a potential buyer.All told, the optimism toward the industry seen so far this year makes some sense. Oil prices are helping, though natural gas prices have faded after a late 2018 spike. Production in the Permian, as well as the Bakken play in North Dakota, is likely to increase. With energy stocks largely left for dead the past few years, there's likely room for the rally to continue. Why Not Exxon Mobil Stock?If that rally does continue, XOM stock very well could rise. But it's highly unlikely that an integrated producer is the right bet for higher oil prices -- and greater shale production.The key reason is the same as it was two years ago: XOM actually isn't a great play on oil prices. The company's "downstream" businesses -- refining and petrochemicals -- benefit from lower crude prices. This has proven to be a good thing in recent years as oil plunged, as XOM stock for the most part held up well. (It certainly performed better than most other oil stocks, particularly during the 2014-2015 bust.)But those downstream businesses generally will see margins compress if oil continues to rally. And so upstream-only players -- producers like Anadarko and Concho -- should benefit more if oil adds to its YTD gains.There's also the M&A angle. Obviously, no company is going to acquire Exxon Mobil; it's the largest energy company in the world outside of Saudi Arabia. Rather, particularly given its relative lack of shale exposure, Exxon Mobil is going to be the acquirer if the shale boom continues, but it's the target, not the buyer, whose stock generally rises in those scenarios. Options Beyond XOM StockFor both those reasons, an investor betting on continued optimism toward shale should look away from XOM stock -- and to the smaller producers, one of which might be acquired by Exxon Mobil. That's why Concho and Pioneer rose on the news of the Anadarko acquisition. Chesapeake Energy (NYSE:CHK) continues to be a high-risk, and high-reward, play on that thesis. (Indeed, CHK has risen 46% so far this year.) Its debt load makes an acquisition unlikely for now; higher oil prices should make that debt more manageable and increase near-term cash flow that can reduce its leverage. * 8 Risky Stocks to Watch as Earnings Season Kicks Off Broadly speaking, there's no shortage of potential plays if shale is going to keep moving higher. Per CNBC, RBC analyst Scott Hanold called out Noble Energy (NYSE:NBL) as a likely takeout candidate. Apache Corporation (NYSE:APA) has shale exposure and enough heft to be attractive to a major like Exxon.Again, this is not to say that XOM is a poor stock or even a sell. Higher oil prices should provide some benefit to earnings and, potentially, to Exxon Mobil shares. The dividend yield is attractive, and the valuation remains reasonable.But if shale growth continues, the big rewards here are going to go to the smaller producers and the companies that get sold. It's at those stocks that investors should look if they think the moves in the energy sector are only beginning.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Why Exxon Mobil Stock Isn't the Play in the Suddenly Hot Energy Sector appeared first on InvestorPlace.

  • Rigzone.com2 days ago

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  • Reuters2 days ago

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  • Is Chesapeake Energy Stock an Acquisition Target?
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    Is Chesapeake Energy Stock an Acquisition Target?

    Chesapeake Energy (NYSE:CHK) stock is a popular name, partly due to its low price tag. After its latest breakdown, though, CHK stock is changing hands for just over $3 per share. After trading below $2 in December and north of $5 last summer, CHK stock has had quite a volatile ride, to say the least.But should investors should have faith in Chesapeake Energy stock? That question is particularly relevant, considering Chevron (NYSE:CVX) surprisingly bought Anadarko Petroleum (NYSE:APC) for $33 billion, edging out Occidental Petroleum (NYSE:OXY) . Some investors are now searching for the next M&A candidate in the space, and many are likely wondering if it's worth holding CHK stock in the wake of the Anadarko deal. * 7 Dental Stocks to Buy That Will Make You Smile Is Chesapeake Energy Stock a Buyout Candidate?Given the Anadarko deal, some may be thinking that CHK is an M&A candidate. While CHK stock price may be low , and the market cap of Chesapeake Energy stock is below $5 billion, those numbers are low for a reason. While CHK stock currently has a market cap of $4.97 billion, it has an enterprise value of more than $15.6 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat doesn't mean a deal is out of the picture, but because of CHK's debt load, the number of companies that might be interested in buying it is limited. The company has more than $7 billion of long-term debt, and its current liabilities are almost double the value of its current assets.CHK has reported strong net income, totaling $949 million and $873 million, for the last two years. But its cash flows are not attractive, and Chesapeake has some rather obvious balance-sheet issues. That's not to say management isn't trying or that CHK can't improve. But CHK stock has been below $10 for almost four years, and it's been a sub-$5 stock for most of the last two, years. That wouldn't be the case if things were going well for CHK.Acquirers can do the math, too. Trading Chesapeake Energy Stock So is CHK stock breaking down at this point? The action isn't promising, but we're not wheeling out the coffin just yet. From its December lows, Chesapeake Energy stock has done a great job reclaiming its 20-day and 50-day moving averages and riding uptrend support (depicted by the purple line) higher. When Chesapeake Energy stock hit $3.50 earlier this month, the shares were up about 75% on the year.However, that level acted as resistance, which is no surprise given that it has been a relevant support level in the past. When a notable level of support breaks down, it generally turns into resistance and vice versa. The recent pullback from $3.50 was more than just a stall, though. CHK stock quickly tumbled through uptrend support and its 20-day moving average.As a result, those interested in CHK should watch the 50-day moving average and the $3 level. If these levels fail, CHK stock will be flailing around looking for support, and could fall to $2.50.If the 50-day and $3 level hold though, Chesapeake Energy stock could rally. The first test will be if it can reclaim its uptrend support and the 20-day moving average.Bulls' sights are clearly set on $3.50. It will be critical for CHK stock to get through that level, but the 200-day moving average is also key for CHK. That is where bulls need to be careful with their expectations. In addition to the $3.50 hurdle, CHK stock also has the 200-day overhead, as well as downtrend resistance (depicted by the blue line). Clearing all of those marks will be difficult for Chesapeake Energy stock, to say the least. The Bottom Line on CHK StockMany investors love the fact that CHK stock is a sub-$5 stock with almost $10 billion in sales and a positive bottom line.But it doesn't matter, nor does it matter that Chesapeake Energy stock trades at just over five times its earnings. CHK has balance-sheet issues, and investors who buy CHK stock need to realize this is a speculative holding.Investors who want a safer energy holding should consider Exxon Mobil (NYSE:XOM), BP plc (NYSE:BP), or Chevron, especially if the latter stock drops down near $108.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Is Chesapeake Energy Stock an Acquisition Target? appeared first on InvestorPlace.

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