XOM Stock Summary and Trading Ideas (Exxon Mobil | NYSE:XOM)

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Exxon Mobil trades on the NYSE stock market under the symbol XOM.

As of November 21, 2024, XOM stock price climbed to $121.93 with 12,941,782 million shares trading.

XOM has a beta of 0.16, meaning it tends to be less sensitive to market movements. XOM has a correlation of 0.01 to the broad based SPY ETF.

XOM has a market cap of $541.73 billion. This is considered a Mega Cap stock.

Last quarter Exxon Mobil reported $90 billion in Revenue and $1.92 earnings per share. This fell short of revenue expectation by $-4 billion and exceeded earnings estimates by $.04.

In the last 3 years, XOM traded as high as $126.34 and as low as $57.96.

The top ETF exchange traded funds that XOM belongs to (by Net Assets): VTI, VOO, XLE, SPY, IVV.

XOM has underperformed the market in the last year with a return of +20.4%, while SPY returned +32.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in XOM shares. However, XOM has outperformed the market in the last 3 month and 2 week periods, returning +8.0% and +1.5%, while SPY returned +6.2% and -0.3%, respectively. This indicates XOM has been having a stronger performance recently.

XOM support price is $118.97 and resistance is $121.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XOM shares will trade within this expected range on the day.