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Tuesday, January 31, 2023

Investing In Exxon Mobil Corporation (NYSE: XOM): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Exxon Mobil Corporation (XOM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.04%, to $110.34. The Exxon Mobil Corporation has recorded 470,842 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed ExxonMobil Starts Operations at Large-Scale Advanced Recycling Facility.


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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Integrated industry segment. At the end of the last regular session, the stock closed at $110.30 and fluctuated between $110.50 as its day high and $108.61 as its day low. The current market capitalization of Exxon Mobil Corporation is $449.69B. A total of 11.79 million shares were traded on the day, compared to an average of 18.82M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, XOM has seen 16 BUY and 17 SELL insider trades, representing the acquisition of 1,065,282 and the disposition of 105,974 shares. Over the last 12 months, there were 31 BUYs and 25 SELLs from insiders. Insiders purchased 2,090,282 shares during that period but sold 1,631,257.

In the most recent transaction, Fox Leonard M. sold 12,000 shares of XOM for 104.68 per share on Dec 15. After the transaction, the Vice President and Controller now owns 188,497 company shares. In a previous transaction on Dec 09, Talley Darrin L sold 2,500 shares at 105.00 per share. XOM shares that Vice President owns now total 34,272.

Among the insiders who sold shares, Talley Darrin L disposed of 2,500 shares on Oct 31 at a per-share price of $110.47. This resulted in the Vice President holding 25,363 shares of XOM after the transaction. In another insider transaction, UBBEN JEFFREY W bought 40,000 shares at $86.97 per share on Aug 05. Company shares held by the Director now total 1,177,000.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Exxon Mobil Corporation pays an annual dividend of $3.64, resulting in a dividend yield of 3.30%, and it has a price to earnings (P/E) ratio of 9.00. XOM’s most recent ex-dividend date was 11/14/2022 when it declared a $0.91 quarterly dividend that was paid in cash on 12/9/2022. Previously, the company paid the dividend on 9/9/2022 with an ex-dividend date of 8/11/2022. The XOM stock dividend was $0.88 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for XOM in the last 3 months, the mean price target is $119.67 with high estimates of $138.00 and low estimates of $90.00. In terms of 52-week highs and lows, XOM has a high of $114.66 and a low of $60.70.

As of this writing, XOM has an earnings estimate of $3.79 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $4.41 per share and a lower estimate of $2.71. The company reported an EPS of $2.07 in the last quarter, which was -2.40% lower than expectations of $2.12.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 28 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for XOM is Sell with a score of 4.13. A total of 12 analysts rated the stock as Buy while 3 rated it as Overweight while 13 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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