Exxon Mobil Corporation (XOM)

NYSE: XOM · IEX Real-Time Price · USD
118.44
+2.29 (1.97%)
At close: May 9, 2024, 4:00 PM
118.42
-0.02 (-0.02%)
After-hours: May 9, 2024, 4:20 PM EDT
1.97%
Market Cap 531.31B
Revenue (ttm) 341.10B
Net Income (ttm) 32.80B
Shares Out 4.49B
EPS (ttm) 8.16
PE Ratio 14.51
Forward PE 12.63
Dividend $3.80 (3.21%)
Ex-Dividend Date May 14, 2024
Volume 17,125,776
Open 116.20
Previous Close 116.15
Day's Range 116.19 - 118.53
52-Week Range 95.77 - 123.75
Beta 0.96
Analysts Buy
Price Target 133.22 (+12.48%)
Earnings Date Apr 26, 2024

About XOM

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. It sells its products under the Exxon, Esso, and Mobil brands. The Chemical Products segment manufactures and markets petrochemicals includin... [Read more]

Sector Energy
Founded 1870
Employees 61,500
Stock Exchange NYSE
Ticker Symbol XOM
Full Company Profile

Financial Performance

In 2023, Exxon Mobil's revenue was $344.58 billion, a decrease of -16.70% compared to the previous year's $413.68 billion. Earnings were $36.01 billion, a decrease of -35.40%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for XOM stock is "Buy." The 12-month stock price forecast is $133.22, which is an increase of 12.48% from the latest price.

Price Target
$133.22
(12.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Turkey signs long-term LNG deal with ExxonMobil

Turkey's state gas grid operator BOTAS signed an LNG trade deal with ExxonMobil on Wednesday, the Turkish energy minister said, in a bid to diversify resources.

1 day ago - Reuters

Exxon Mobil's Liza Unity FPSO in Guyana hit peak output of 252,000 bpd -executive

An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday.

1 day ago - Reuters

ExxonMobil elects Maria Jelescu Dreyfus to Board of Directors

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) announced today that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder ...

1 day ago - Business Wire

ExxonMobil CEO talks acquisition of Pioneer Natural Resources

Exxon Mobil (XOM) has completed an acquisition of Pioneer Natural Resources (PXD) in one of the largest oil deals in decades. Chairman and CEO Darren Woods sits down with Yahoo Finance's Brian Sozzi a...

2 days ago - Yahoo Finance

ITW, XOM, IBM: Technical Trends & What to Watch

Industrials will perform well this year, notes Kenny Polcari. He and Rick Ducat discuss Illinois Tool Works (ITW), Exxon Mobil (XOM), and IBM (IBM) as today's big three stocks.

Other symbols: IBMITW
2 days ago - Schwab Network

Exxon, Chevron CEOs seek clear rules on US clean energy subsidies

Top executives at U.S. oil giants Exxon Mobil and Chevron Corp said on Monday that the U.S. needs to clarify rules on energy subsidies to drive the rapid, large-scale investments needed to fight clima...

Other symbols: CVX
2 days ago - Reuters

Exxon's Woods Says We're Behind on Carbon Reduction

Exxon Mobil Corp. Chief Executive Officer Darren Woods talks about the challenges in cutting down on carbon emissions and rebuilding the world's energy system. He speaks with David Westin at the Milke...

3 days ago - Bloomberg Markets and Finance

Exxon sees Hess arbitration dragging into 2025, CEO says

U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vot...

Other symbols: HES
3 days ago - Reuters

Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025

Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources.

Other symbols: CVX
3 days ago - CNBC

Exxon Mobil CEO Darren Woods on net zero goals

Exxon Mobil CEO Darren Woods joins ‘Squawk on the Street' to discuss the oil industry, the Pioneer deal, and low carbon business.

3 days ago - CNBC Television

Exxon Mobil CEO Darren Woods on getting to net zero by 2030 and Pioneer deal

Exxon Mobil CEO Darren Woods joins 'Squawk on the Street' to discuss the oil industry, the Pioneer deal, and low carbon business.

3 days ago - CNBC Television

Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600

NEW YORK , May 3, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE: PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc....

Other symbols: SPGIVST
5 days ago - PRNewsWire

Exxon to take up to two years to hit stride with Pioneer purchase

Exxon Mobil will take 18 to 24 months to achieve its desired production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive ...

6 days ago - Reuters

ExxonMobil Completes Nearly $60B Pioneer Deal—Here's What You Need To Know

ExxonMobil (XOM) said Friday it completed its deal to buy Pioneer Natural Resources valued at nearly $60 billion after getting approval from U.S. regulators. Including debt, ExxonMobil is committing a...

6 days ago - Investopedia

Don't Let the FTC Drama Distract You. Exxon Just Got a Huge Win.

The acquisition of Pioneer makes Exxon the most dominant player in the Permian Basin.

6 days ago - Barrons

Oil majors offered faster Nigerian exit if they pay for cleanup

Majors such as Exxon Mobil and Shell that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame...

Other symbols: SHEL
6 days ago - Reuters

Exxon Completes $60 Billion Pioneer Natural Resources Acquisition

Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in decades.

6 days ago - WSJ

Exxon Mobil completes $60 billion deal for Pioneer Natural

Exxon Mobil has closed its $60 billion purchase of Pioneer Natural Resources , the oil and gas producer said on Friday, a day after receiving a go-head from the U.S. Federal Trade Commission (FTC) for...

6 days ago - Reuters

ExxonMobil Completes Acquisition of Pioneer Natural Resources

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD). The merger of ExxonMobil and Pioneer...

6 days ago - Business Wire

FTC Alleges Pioneer CEO Colluded To Boost Oil Prices — Exxon Will Close $65B Acquisition Anyway

ExxonMobil XOM this week received clearance from the Federal Trade Commission to complete its $65 billion acquisition of Pioneer Natural Resources PXD.

6 days ago - Forbes

Pioneer reports lower profit ahead of its takeover by Exxon

Pioneer Natural Resources on Thursday reported a lower first-quarter profit, weighed down by higher production costs and weak natural gas prices.

6 days ago - Reuters

FTC greenlights Exxon-Pioneer megadeal with a caveat. It's still a good sign for energy mergers

U.S. regulators on Thursday gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to coll...

7 days ago - Fast Company

Willcox International Holdings Inc. (WINH) Enters into Joint Venture Agreement with Maverick Energy Group Ltd. (MKGP)

Willcox International Holdings Inc. Enters into Joint Venture Agreement with Maverick Energy Group Ltd. TAMPA, FL / ACCESSWIRE / May 2, 2024 / Willcox International Holdings Inc. (OTC PINK:WINH) ("Wil...

7 days ago - Accesswire

FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat

FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat

7 days ago - CNBC

Pioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobil

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today issued the following statement in response to the decision by the U.S. Federal Trade Commission...

7 days ago - Business Wire