Where will XOM stock be in 5 years?
According to analytical forecasts, the price of XOM stocks may reach $119.00 by the end of 2024, and it is expected to be - $196.58 by the end of 2029.
Exxon Mobil Stock Forecast
The 16 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 127.31, with a low estimate of 110 and a high estimate of 145. The average target predicts an increase of 24.55% from the current stock price of 102.22.
Valuation metrics show that Exxon Mobil Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of XOM, demonstrate its potential to outperform the market. It currently has a Growth Score of C.
As of early 2023, ExxonMobil had not announced an upcoming stock split.
According to the Traders Union long-term price forecast Exxon Mobil (XONA) can reach 119.03 USD by 2025, 196.62 USD by 2030, 293.78 USD by 2034.
The forecasted Exxon Mobil price at the end of 2024 is $107.64 - and the year to year change +8%. The rise from today to year-end: +11%.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Fmr Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, XLE - The Energy Select Sector SPDR Fund, Geode Capital Management, Llc, Bank Of America Corp /de/, and Morgan ...
Exxon Mobil Corporation shows a Risk Score of 9.00. The Risk Score for Exxon Mobil Corporation is significantly higher than its peer group's.
The company spent $14.9 billion on dividends in 2023 and another $17.4 billion on buybacks, equaling nearly all of its free cash flow. Those figures will be even higher going forward, given Exxon's announcement of a 4% dividend hike and $20 billion annual buyback target late last year.
The Exxon stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Exxon a buy sell or hold?
Exxon Mobil has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 8 hold ratings, and no sell ratings.
Stock Price Forecast
The 24 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 124.33, with a high estimate of 149.00 and a low estimate of 105.00. The median estimate represents a +20.54% increase from the last price of 103.14.
Exxon Mobil's upcoming ex-dividend date is on Feb 13, 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 Mar 11, 2024. Add XOM to your watchlist to be reminded before Exxon Mobil's ex-dividend date.
Relative to the current share price of US$103, the company appears a touch undervalued at a 29% discount to where the stock price trades currently.
Exxon Mobil Corporation shares could rise if crude oil prices continue to increase, with a potential 3 million barrel per day shortage predicted next quarter. Analysts have been increasing earnings estimates for Exxon in 2023 and 2024, indicating a positive outlook for the company.
End of 2030: Apple could reach a market cap of $8 trillion by 2030, representing a share price of $510. That is a 181% gain from today's price. Strong Buy Rating: Based on our Apple stock price forecast, we believe AAPL shares are a strong buy.
Let's take a look at what the future price of natural gas could be. Fitch Rating's long-term natural gas price forecast on 5 December expected Henry Hub to average $2.75 per 1,000 cubic feet (Mcf) and Dutch TTF to average $5.0/Mcf in 2026 and beyond, dropping from $3/MMBtu and $10/MMBtu in 2025 respectively.
AMZN Stock 12 Months Forecast
Based on 39 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $208.58 with a high forecast of $230.00 and a low forecast of $175.00. The average price target represents a 22.47% change from the last price of $170.31.
Yet Exxon made high profits even in the aftermath of the most expensive oil spill in history. They made $3.8 billion profit in 1989 and $5 billion in 1990.
Exxon Mobil stock (symbol: XOM) underwent a total of 5 stock splits.
How much did Exxon buy Mobil for?
Exxon Corp. and Mobil Corp. agreed Tuesday to a record $75.3-billion merger that will change the oil industry as much as the companies themselves and will face a rigorous regulatory review that is likely to force the sale of assets. The marriage of Exxon and Mobil, the No.
Berkshire also owns 92% of Berkshire Hathaway Energy, a stake worth more than its Chevron and Occidental positions combined. It's safe to say that Berkshire likes the energy sector. But it doesn't own the most valuable U.S.-based oil and gas company, ExxonMobil (XOM -1.01%).
ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction.
The majority of locations will be rebranded as 7-Eleven stores, although they will retain the Exxon gasoline brand. "This acquisition fits well with our aggressive growth strategy," said Robbie Radant, 7-Eleven's new vice president of mergers and acquisitions.
This all strengthened the case that the oil market will be balanced in 2024, analysts at Haitong Futures said in a note, adding that oil prices should remain in a $10 range around current levels.
