Is Exxon Mobil a good stock to buy? (2024)

Is Exxon Mobil a good stock to buy?

Exxon Mobil has a conensus rating of Moderate Buy which is based on 9 buy ratings, 6 hold ratings and 0 sell ratings. The average price target for Exxon Mobil is $126.29. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Exxon stock expected to rise?

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 128.33, with a low estimate of 110 and a high estimate of 145. The average target predicts an increase of 25.85% from the current stock price of 101.97.

Is Exxon a buy or sell?

The Exxon stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

What will Exxon stock be in 5 years?

What will the XONA price be in 5 years and 10 years – forecast by years
YearPrice in the middle of the yearPrice at the end of the year
2024112.69 USD118.64 USD
2025124.59 USD131.17 USD
2026137.75 USD145.03 USD
2027152.3 USD160.34 USD
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What is the best oil stock to buy right now?

Comparison Results
NamePricePrice Change
XOM Exxon Mobil$101.55$0.42 (0.41%) After 0.13%
CVX Chevron$152.33$0.09 (0.06%) After 0.07%
COP Conocophillips$109.97$0.66 (0.6%) After 0.15%
EOG EOG Resources$109.65$1.2 (1.08%) After 0%
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Will Exxon stock split in 2023?

ExxonMobil last split its stock in 2001. As of mid-2023, the oil giant hadn't declared an upcoming stock split.

How high can Exxon stock go?

Stock Price Forecast

The 24 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 124.33, with a high estimate of 149.00 and a low estimate of 105.00. The median estimate represents a +21.95% increase from the last price of 101.95.

What is the future of Exxon?

Exxon projected earnings and cash flow to rise through 2027 by $14 billion on a combination of cost cutting, higher oil output from Guyana and U.S. shale and gains in its refining and chemicals business. The company is forecast to earn $37.2 billion this year, according to financial firm LSEG.

What is the highest Exxon stock has ever been?

Exxon - 54 Year Stock Price History | XOM
  • The all-time high Exxon stock closing price was 119.11 on September 27, 2023.
  • The Exxon 52-week high stock price is 120.70, which is 18.9% above the current share price.
  • The Exxon 52-week low stock price is 95.77, which is 5.7% below the current share price.

What will Exxon stock price be in 2023?

XOM - Exxon Mobil Corporation
DateOpenHigh
Jan 02, 2024100.92103.10
Dec 29, 2023100.37100.59
Dec 28, 2023101.39101.61
Dec 27, 2023102.04102.55
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Is Exxon stock undervalued?

This means that XOM stock is severely undervalued. For example, using an 8% FCF yield metric, we can estimate that its market cap could rise to $562 billion (i.e., $45b/0.08=$562.5 billion). That is $162.5 billion higher than its present $400 billion market capitalization, or 40.6% higher.

How many times a year does Exxon pay dividends?

Exxon Mobil Dividend Information

Exxon Mobil has an annual dividend of $3.80 per share, with a forward yield of 3.74%. The dividend is paid every three months and the next ex-dividend date is Feb 13, 2024.

What is the long term outlook for Exxon Mobil?

Exxon Mobil stock price stood at $101.55

According to the latest long-term forecast, Exxon Mobil price will hit $110 by the end of 2024 and then $125 by the middle of 2026. Exxon Mobil will rise to $150 within the year of 2028 and $200 in 2033.

What is the best gas company to invest in?

Some best energy stocks include Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), Shell plc (NYSE:SHEL), TotalEnergies SE (NYSE:TTE), BP p.l.c. (NYSE:BP), and others. Don't miss: 12 Best Crude Oil Stocks To Buy As Tensions Rise and 12 Best Performing Energy Stocks in 2023.

Why should I invest in oil right now?

Investors continue to find more opportunities in the fossil fuel marketplace compared to renewable energy companies. Despite increasing geopolitical issues that could potentially upset world energy markets, oil prices remain relatively stable.

What is the number one oil stock?

The Best Oil Stocks of February 2024
Company (Ticker)Market Capitalization
Shell (SHEL)$209 billion
BP (BP)$102 billion
Equinor (EQNR)$93 billion
Eni (E)$53 billion
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Why is Exxon Mobil stock going down?

XOM stock's Composite Rating has deteriorated to a depressed 24. Its EPS Rating sank to a dismal 15, and partly reflects a loss in 2020, in addition to declining quarterly profits. The stock holds an Accumulation/Distribution Rating of C-, indicating some institutional selling over the last 13 weeks.

What is the next ex dividend date for Exxon Mobil 2023?

XOM Dividend History
Ex/EFF DateTypePayment Date
02/13/2024Cash03/11/2024
11/14/2023Cash12/11/2023
08/15/2023Cash09/11/2023
05/15/2023Cash06/09/2023
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What was Exxon last dividend?

Exxon Mobil's previous ex-dividend date was on Nov 14, 2023. Exxon Mobil shareholders who own XOM stock before this date received Exxon Mobil's last dividend payment of $0.95 per share on Dec 11, 2023. XOM's next ex-dividend date has not been announced yet. When is Exxon Mobil dividend payment date?

Who owns most of Exxon stock?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Fmr Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, XLE - The Energy Select Sector SPDR Fund, Geode Capital Management, Llc, Bank Of America Corp /de/, and Morgan ...

What will Exxon stock be worth in 2030?

Long-Term Exxon Mobil Stock Price Predictions
YearPredictionChange
2027$ 116.0113.77%
2028$ 121.1118.77%
2029$ 126.4323.99%
2030$ 131.9829.43%
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Is Chevron a buy sell or hold?

Is CVX a Buy, Sell or Hold? Chevron Corp has a conensus rating of Moderate Buy which is based on 9 buy ratings, 5 hold ratings and 0 sell ratings. The average price target for Chevron Corp is $176.00. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Will Exxon Mobil stock recover?

Stock Price Forecast

The 24 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 124.33, with a high estimate of 149.00 and a low estimate of 105.00. The median estimate represents a +20.54% increase from the last price of 103.14.

Is Exxon in debt?

How Much Debt Does Exxon Mobil Carry? As you can see below, Exxon Mobil had US$39.5b of debt at September 2023, down from US$45.4b a year prior.

Why is Exxon Mobil stock so high?

Exxon Mobil Corporation shares could rise if crude oil prices continue to increase, with a potential 3 million barrel per day shortage predicted next quarter. Analysts have been increasing earnings estimates for Exxon in 2023 and 2024, indicating a positive outlook for the company.

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