Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation XOM from $125 to $123 ahead of the company’s fourth-quarter results, which will be reported on January 31, 2025.The analyst updates ExxonMobil estimates to reflect mark-to-market commodity prices and incremental Upstream guidance, maintaining a Neutral rating.While the company benefits from strong execution, shareholder returns (~8% capital returns yield in 2025/2026), and premium Upstream assets (Permian, Guyana, LNG), its ...

Exxon Mobil (XOM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 31 ...

According to NextEarningsDate.com, the Exxon Mobil XOM next earnings date is projected to be 1/31 before market open, with earnings estimates of $1.79/share on $88.23 Billion of revenue.Looking back, the recent Exxon Mobil earnings history looks like this:XOMtickertechThe company has the following long-term earnings per share chart:XOMtickertech And with quarterly revenue that looks like this:XOMtickertechBut earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as inv ...

Exxon Mobil Corporation (XOM) is currently considered expensive on a relative basis, with the stock trading at a 6.64x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is a premium compared with the broader industry average of 4.19x. Such a premium valuation often signals strong market confidence in the company’s prospects. Image Source: Zacks Investment ResearchHowever, this elevated price necessitates a thorough assessment of the compa ...

Exxon Mobil Corporation (XOM) has made a significant natural gas discovery off Egypt’s Mediterranean coast, an area of growing importance for the global energy sector. The find, announced in an emailed statement by the Texas-based energy giant, comes as Egypt seeks to revitalize its dwindling gas production and position itself as a regional energy hub.ExxonMobil completed drilling the Nefertari-1 exploratory well in the North Marakia Block, approximately five miles off Egypt’s northern coastline. The well r ...

The latest trading session saw Exxon Mobil (XOM) ending at $111.51, denoting a +1.63% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 1.83%. Elsewhere, the Dow saw an upswing of 1.65%, while the tech-heavy Nasdaq appreciated by 2.45%.Heading into today, shares of the oil and natural gas company had gained 1.58% over the past month, outpacing the Oils-Energy sector's loss of 7.35% and the S&P 500's loss of 3.31% in that time.The investment community will ...

Retirement is complicated, and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Exxon Mobil (NYSE: XOM ) is one of the largest publicly traded oil companies in the world, with a market cap of just under $500 billion. In our last arti ...

Exxon Mobil Corporation (XOM) has asked the Texas General Land Office (“GLO”) to withhold the terms of its offshore lease agreement for a significant carbon sequestration project in Texas. In a letter dated Jan. 13, ExxonMobil urged the Attorney General of Texas to instruct the GLO to keep the details private, citing the inclusion of proprietary and confidential commercial and financial information under the Texas Public Information Act.The lease, which ExxonMobil secured in October, covers more than 271,00 ...

Exxon Mobil (NYSE: XOM ) is positioning itself for the future economy through a major upshift in its energy products segment, while maintaining strong oil and gas production in the Permian Basin and offshore Guyana. This in part includes Exxon’sMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrial ...

I analyze oil and gas companies like Exxon Mobil and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here ...