Exxon Mobil (XOM) Stock Price, News & Analysis (2024)

FAQs

Exxon Mobil (XOM) Stock Price, News & Analysis? ›

The average price target for Exxon Mobil is $137.07. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $152.00 ,the lowest forecast is $120.00. The average price target represents 14.57% Increase from the current price of $119.64.

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 134, with a low estimate of 110 and a high estimate of 152. The average target predicts an increase of 13.68% from the current stock price of 117.87.

Will Exxon stock ever split? ExxonMobil last split its stock in 2001. As of mid-2023, the oil giant hadn't declared an upcoming stock split. While it's possible the company will split its stock again, it's unclear when or if that will occur.

Exxon Mobil stock price stood at $117.93

According to the latest long-term forecast, Exxon Mobil price will hit $125 by the end of 2024 and then $150 by the middle of 2026. Exxon Mobil will rise to $200 within the year of 2029 and $250 in 2033.

The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin. The combined company's more than 1.4 million net acres in the Delaware and Midland basins have an estimated 16 billion barrels of oil equivalent resource.

The Exxon stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.

Exxon Mobil Corporation today announced first-quarter 2024 earnings of $8.2 billion, or $2.06 per share assuming dilution. Capital and exploration expenditures were $5.8 billion, consistent with the company's full-year guidance of $23 billion to $25 billion.

Exxon Mobil's upcoming ex-dividend date is on May 14, 2024. Exxon Mobil shareholders who own XOM stock before this date will receive Exxon Mobil's next dividend payment of $0.95 per share on Jun 10, 2024. Add XOM to your watchlist to be reminded before Exxon Mobil's ex-dividend date.

On October 23, 2023 ExxonMobil announced the acquisition of Pioneer Natural Resources in an all-stock transaction valued at approximately $64.5 billion.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.55 to $9.70 per share. XOM boasts an average earnings surprise of 3.1%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, XOM should be on investors' short list.

How high can Exxon stock go? ›

The highest analyst price target is $140.00 ,the lowest forecast is $111.00. The average price target represents 12.62% Increase from the current price of $111.27. Exxon Mobil's analyst rating consensus is a Moderate Buy.

Exxon Mobil Corporation's latest ex-dividend date was on May 14, 2024 . The XOM stock shareholders received the last dividend payment of $0.95 per share on June 10, 2024 . Exxon Mobil Corporation's next dividend payment will be on June 10, 2024 .

According to the latest TipRanks data, approximately 27.21% of the company's stock is held by institutional investors, 0.72% is held by insiders, and 53.01% is held by retail investors. Vanguard owns the most shares of Exxon Mobil (XOM).

Exxon Mobil Corp. XOM said Wednesday it's boosting its share repurchases to $20 billion per year from the time it closes its Pioneer Natural Resources Co.

Exxon agreed in October to buy Pioneer in an all-stock deal to bolster the largest U.S. oil company's production in the Permian Basin.

According to the latest TipRanks data, approximately 27.21% of the company's stock is held by institutional investors, 0.72% is held by insiders, and 53.01% is held by retail investors. Vanguard owns the most shares of Exxon Mobil (XOM).

Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Exxon is rated Zacks Rank #3 (Hold).

CVX Stock Forecast FAQ

Chevron Corp has 12.07% upside potential, based on the analysts' average price target. Is CVX a Buy, Sell or Hold? Chevron Corp has a conensus rating of Strong Buy which is based on 13 buy ratings, 3 hold ratings and 0 sell ratings.