18-Mar-2024
Exxon CEO says giant Texas hydrogen project at risk without IRA tax credits
Seeking Alpha News (Mon, 18-Mar 8:15 PM ET)
Exxon Mobil (NYSE:XOM) Doesn’t Have Acquisition on its Mind
TipRanks (Mon, 18-Mar 3:35 PM ET)
Exxon Mobil (NYSE:XOM) Doesn’t Have Acquisitions on Its Mind
TipRanks (Mon, 18-Mar 3:35 PM ET)
Capri Holdings ticks lower amid notice for FTC closed door meeting on Thursday
Seeking Alpha News (Mon, 18-Mar 12:14 PM ET)
Capri Holdings ticks lower amid notice for FTC closed-door meeting on Thursday
Seeking Alpha News (Mon, 18-Mar 12:14 PM ET)
Exxon CEO says not trying to acquire Hess in dispute over Guyana assets
Seeking Alpha News (Mon, 18-Mar 11:27 AM ET)
Exxon announces another Guyana discovery, adding to 30-plus Stabroek oil finds
Seeking Alpha News (Mon, 18-Mar 10:10 AM ET)
Crude Oil (CM:CL) Closes Lower despite Bullish Fundamentals
TipRanks (Fri, 15-Mar 6:19 PM ET)
Short interest on energy stocks up in February; COP remains least shorted
Seeking Alpha News (Fri, 15-Mar 5:06 PM ET)
Catalyst Watch: Fed rates meeting, Nvidia CEO speaks at GTC 2024, Reddit IPO
Seeking Alpha News (Fri, 15-Mar 3:16 PM ET)
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 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 March 18, 2024, XOM stock price climbed to $112.30 with 14,493,447 million shares trading.
XOM has a beta of 0.60, meaning it tends to be less sensitive to market movements. XOM has a correlation of 0.08 to the broad based SPY ETF.
XOM has a market cap of $449.89 billion. This is considered a Mega Cap stock.
Last quarter Exxon Mobil reported $84 billion in Revenue and $2.48 earnings per share. This fell short of revenue expectation by $-886 million and exceeded earnings estimates by $.27.
In the last 3 years, XOM stock traded as high as $120.70 and as low as $52.10.
The top ETF exchange traded funds that XOM belongs to (by Net Assets): VTI, VOO, XLE, SPY, IVV.
XOM stock has underperformed the market in the last year with a return of +14.2%, while SPY returned +33.9%. 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 +12.2% and +6.1%, while SPY returned +9.6% and +0.3%, respectively. This indicates XOM has been having a stronger performance recently.
XOM support price is $110.07 and resistance is $112.47 (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 stock will trade within this expected range on the day.