ExxonMobil(XOM)

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Exxon Mobil (XOM) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-09-23 22:50
Exxon Mobil (XOM) ended the recent trading session at $117.36, demonstrating a +1.81% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.15%.Coming into today, shares of the oil and natural gas company had lost 0.9% in the past month. In that same time, the Oils-Energy sector gained 0.29%, while the S&P 500 gained 2%.Investors will be eagerly watching for the performance ...
Exxon Mobil: Greater Synergies From Merger With Pioneer, But Lower Oil Prices (Hold Confirmed)
Seeking Alpha· 2024-09-18 11:59
We have covered the stock before, and there have been a number of changes since last quarter, which are the subject of this report. On the macro side:Invest Heroes LLC is a CIS-based research firm founded in 2018. Since then, we provide equity and fixed income research services which become more and more well-known locally among both professional investors and private clients. Here’s what we do: - Cover top 120+ Russian, US and Chinese stocks - Cover 200+ Russian bonds (corporate, SOE’s) Provide our researc ...
Is ExxonMobil's Premium Stock Valuation a Buy, Sell or Hold?
ZACKS· 2024-09-13 19:45
Exxon Mobil Corporation (XOM) is currently considered expensive on a relative basis, with the stock trading at a 6.01x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is at a premium compared with the broader industry average of 3.85x.A premium valuation generally indicates that the market has strong confidence in the company’s prospects. However, this necessitates scrutiny to determine if this higher price is warranted. Image Source: Z ...
ExxonMobil CEO Vows Legal Action Against Proxy Rule Abusers
ZACKS· 2024-09-12 13:16
Exxon Mobil Corporation’s (XOM) CEO Darren Woods issued a clear message to activist shareholders on Tuesday to adhere to the established rules when filing proposals. Speaking via video link to the Council of Institutional Investors in New York, Woods warned that ExxonMobil is prepared to take legal action if shareholders attempt to "abuse" the proxy proposal process.XOM's Stance on the Proxy Proposal SystemEarlier this year, ExxonMobil sued two activist groups— Follow This and Arjuna Capital — after they fi ...
Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-09-11 22:51
Exxon Mobil (XOM) ended the recent trading session at $109.72, demonstrating a -0.99% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%.The oil and natural gas company's shares have seen a decrease of 5.97% over the last month, not keeping up with the Oils-Energy sector's loss of 4.22% and the S&P 500's gain of 2.92%.Market participants will be close ...
Exxon Mobil: Bridgewater Added Energy Shares And So Did I
Seeking Alpha· 2024-09-11 15:52
sefa ozel XOM stock: Previous thesis and new developments I recently wrote an article on Exxon Mobil stock (NYSE:XOM) under the title "Exxon Mobil Q2: Pioneer Assets Create More Upside Potential." It was published on Aug. 2, 2024. The article was a review of its Q2 earnings as the title suggests. Specifically, I argued that: Exxon Mobil Corporation stock delivered strong Q2 earnings, beating consensus estimates on both lines. In particular, the progress and benefits from the Pioneer assets integration far e ...
Why ExxonMobil Stock Is Slipping Today
The Motley Fool· 2024-09-10 17:46
Here's what you should do if the oil stock falls further.Shares of ExxonMobil (XOM -3.63%) were falling this morning and were down 3.1% as of 11:50 a.m. ET Tuesday, wiping out all of their gains and some from the previous day. Although the oil and gas stock typically mirrors movements in crude oil prices, there's another reason why ExxonMobil was falling today.Oil price volatility is hurting investor sentimentCrude oil prices tumbled Tuesday morning after OPEC cut its global oil demand forecast for 2024 to ...
Exxon Mobil's Expansion Plans You Can't Ignore (Rating Upgrade)
Seeking Alpha· 2024-09-10 15:14
StevenStarr73/iStock Editorial via Getty ImagesInvestment Thesis Following Exxon Mobil's (NYSE:XOM) strong bull run in 2022, we initiated a hold rating due to concerns about long-term revenue declines amidst the global transition toward low-carbon solutions. However, the company's recent strategic pivot and performance justify reassessing its rating, signaling a change in its performance that potential investors should consider. XOM is currently trading below its historical normalized P/E and price-to-f ...
Bear of the Day: Exxon Mobile (XOM)
ZACKS· 2024-09-10 12:01
Last week’s pullback has investors looking for stocks to buy. One of the most popular sectors for investors to look at is the energy sector. Most of us spend more money and time at gas stations than we’d like to. It can feel like an easy way to get some of that money back. Be careful to not just blindly buy any energy stock that you’re familiar with. There can be negative trends developing which you don’t realize.Today’s Bear of the Day is a very popular stock that has seen earnings estimates trend in a neg ...
Better Buy in September: ExxonMobil or a 50/50 Split of Devon Energy and Occidental Petroleum?
The Motley Fool· 2024-09-09 11:42
All three companies are contributors to the growing onshore U.S. oil and gas industry.The price of West Texas Intermediate (WTI) crude oil -- the U.S. benchmark -- just fell below $70 a barrel, sending ripples throughout the energy sector. Long-term investors may view lower oil prices as an opportunity to scoop up shares of quality energy stocks on sale.There are plenty of ways to invest in oil and gas, such as an integrated major like ExxonMobil (XOM -0.47%) or exploration and production (E&P) companies li ...