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Morningstar Rating
Stock XNYS Rating as of
$118.17 −0.56(0.47%)
View Full ChartAs of Delayed Price Closed
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Company Report
Company Report
Exxon Earnings: Strong Quarter Demonstrates Progress on Long-Term Objectives; Shares Undervalued
Allen Good
Exxon's second-quarter adjusted earnings increased to $9.2 billion from $7.9 billion the year before, surpassing market expectations. The increase was largely attributable to the inclusion of two months of Pioneer results and the contribution of structural cost savings that offset weaker energy product results from weaker refining margins.
Price vs Fair Value
Price vs Fair Value
XOM is trading at a 853% premium.
Price
$118.17
Fair Value
$919.00
Uncertainty
High
- 1-Star Price
- $989.90
- 5-Star Price
- $96.30
- Economic Moat
- Vsqmxlh
- Capital Allocation
- Cgmgwddjs
Bulls Say, Bears Say
Bulls Say, Bears Say
Bulls
Exxon has responded to shareholder concerns by reducing spending, appointing new board members, increasing disclosure, and announcing emissions reduction targets.
Bears
Despite activist pressure and new board members, Exxon has not sufficiently reduced hydrocarbon investment levels and continues to develop long-life projects that hold a high risk of becoming stranded.
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Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if XOM is a good fit for your portfolio.
News
News
- Trending: Exxon Mobil Earnings Beat Estimates
- Exxon Mobil boasts of oil production as Q2 results beat analyst estimates
- ExxonMobil Announces Second-Quarter 2024 Results
- Echoes of the dot-com bubble haunt U.S. stocks in 2024. Why investors shouldn't worry too much about it.
- The energy transition from fossil fuels will power these stocks -including Big Oil
- Power Loss May Have Damaged co*ker at ExxonMobil's Illinois Refinery: Sources — OPIS
- ExxonMobil to Release Second Quarter 2024 Financial Results
- The energy transition from fossil fuels will power these stocks -including Big Oil
Trading Information
Trading Information
- Previous Close Price
- $118.73
- Day Range
$117.66–118.48
- 52-Week Range
$95.77–123.75
- Bid/Ask
- $118.10/$118.33
- Market Cap
- $525.01 Bil
- Volume/Avg
- 10.1 Mil/15.1 Mil
Key Statistics
Key Statistics
- Price/Earnings (Normalized)
- 13.20
- Price/Sales
- 1.42
- Dividend Yield (Trailing)
- 3.22%
- Dividend Yield (Forward)
- 3.22%
- Total Yield
- 6.53%
Company Profile
Company Profile
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 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.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Stock Style Box
- Large Value
- Total Number of Employees
- 61,500
- Website
- https://www.exxonmobil.com
Competitors
Competitors
- Shell PLC SHELL
- Chevron Corp CVX
- TotalEnergies SE ADR TTE
- BP PLC ADR BP
Valuation
Valuation
| Metric | XOM | SHELL | CVX |
|---|---|---|---|
Price/Earnings (Normalized) | 13.20 | 8.43 | 12.51 |
Price/Book Value | 1.96 | 1.20 | 1.68 |
Price/Sales | 1.42 | 0.78 | 1.39 |
Price/Cash Flow | 8.35 | 5.05 | 7.28 |
Price/Earnings
XOM
SHELL
CVX
Financial Strength
Financial Strength
| Metric | XOM | SHELL | CVX |
|---|---|---|---|
Quick Ratio | 0.98 | 0.97 | 0.73 |
Current Ratio | 1.36 | 1.41 | 1.16 |
Interest Coverage | 54.97 | 7.08 | 59.46 |
Quick Ratio
XOM
SHELL
CVX
Profitability
Profitability
| Metric | XOM | SHELL | CVX |
|---|---|---|---|
Return on Assets (Normalized) | 9.37% | 6.01% | 8.57% |
Return on Equity (Normalized) | 16.96% | 13.05% | 13.84% |
Return on Invested Capital (Normalized) | 14.04% | 9.43% | 12.31% |
Return on Assets
XOM
SHELL
CVX
See how this stock stacks up to its competitors with Morningstar Investor
Oil & Gas Integrated Industry Comparables
Oil & Gas Integrated Industry Comparables
| 1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Chevron Corp CVX | Vkzhyytts | Dxzkpl | $267.3 Bil | |||
| Shell PLC RYDAF | — | Jvhkv | $223.7 Bil | |||
| Shell PLC ADR (Representing - Ordinary Shares) SHEL | Bdgbtqgws | Kbms | $223.7 Bil | |||
| PetroChina Co Ltd Class H PCCYF | — | Ddh | $222.0 Bil | |||
| TotalEnergies SE ADR TTE | Xvxndrzn | Gjfgy | $157.1 Bil | |||
| Petroleo Brasileiro SA Petrobras ADR PBR | Bgccftl | Njn | $94.6 Bil | |||
| BP PLC ADR BP | Kwfjcvrt | Lvvx | $93.2 Bil | |||
| Equinor ASA ADR EQNR | Fgynnjd | Znwx | $74.6 Bil | |||
| Eni SpA ADR E | Hwzxvsdvv | Znmht | $50.3 Bil |
