Last Updated: 16 Sep 2024
Executive Summary
Exxon Mobil Corp. (XOM) is a leading global oil and gas company with a market capitalization of $493.8 billion. The company's strong financial performance, including an EBITDA of $70.9 billion and EPS of $8.36, has resulted in a trailing PE ratio of 13.3 and a dividend yield of 0.0342%. Despite facing challenges in the energy sector, Exxon Mobil's solid fundamentals and attractive valuation make it an attractive investment opportunity.
Company Overview
Exxon Mobil is a vertically integrated energy company with operations spanning exploration and production, refining, and marketing. The company has a strong global presence, with operations in over 50 countries. Exxon Mobil's primary brands include Exxon, Mobil, Esso, and ExxonMobil Chemical.
Fundamental Analysis
Exxon Mobil's financial performance has been strong in recent quarters. The company's revenue and earnings have grown steadily, driven by higher oil and gas prices. The company's profit margin is 9.9%, and its return on assets is 7.36%. Exxon Mobil's strong financial position is reflected in its low debt-to-equity ratio of 0.14.
Technical Analysis
Exxon Mobil's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 56, indicating that it is neither overbought nor oversold.
Short Term Outlook
Exxon Mobil's short-term outlook is positive. The company is benefiting from higher oil and gas prices, and its financial performance is expected to continue to improve. The stock's technical indicators are also positive, suggesting that the stock price could continue to rise in the near term.
Long Term Outlook
Exxon Mobil's long-term outlook is also positive. The company is well-positioned to benefit from the growing global demand for energy. The company's strong financial position and its commitment to innovation will enable it to continue to grow and prosper in the years to come.
Analyst Recommendations
Analysts are generally positive on Exxon Mobil. The consensus analyst rating is "Buy," and the average analyst target price is $132.39. Five analysts have a "Strong Buy" rating on the stock, 12 have a "Buy" rating, 11 have a "Hold" rating, and 0 have a "Sell" or "Strong Sell" rating.
