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How to Buy Exxon Mobil Stock

Exxon Mobil Corp

Exxon Mobil is a oil & gas integrated company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker XOM on the NYSE exchange.

Exxon Mobil stock last closed at $102.74, up 0.39% from the previous day, and has decreased 7.72% in one year. It has overperformed other stocks in the Oil & Gas Integrated industry by 0 percentage points. Exxon Mobil stock is currently +4.82% from its 52-week low of $98.02, and -14.88% from its 52-week high of $120.70.

At the moment, there are 3.96B XOM shares outstanding. The market capitalization of XOM is $407.15B. In the last 24 hours, 29.25M XOM shares were traded.

How to Buy Exxon Mobil Stock

Not sure how to invest in Exxon Mobil stock? Here's how.
  1. Figure out where to buy Exxon Mobil stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Exxon Mobil stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your information.
  4. Analyze Exxon Mobil stock: The Exxon Mobil ticker symbol is XOM. Is Exxon Mobil stock a good investment? Should you buy shares of XOM? How do XOM's underlying business fundamentals look? Do top analysts think Exxon Mobil is a good buy? Why has XOM's stock price moved recently? (Hint: Our stock analysis website can help you decide if XOM is a good stock to buy).
  5. Execute your XOM purchase: Decide if you will purchase XOM shares at the current market price or use a limit order to purchase XOM stock at a particular price.
  6. Keep tabs on your XOM position: Create a watchlist to keep track of your position in Exxon Mobil shares.

Step 1: Figure out where to buy Exxon Mobil stock

You need an online brokerage account in order to access the NYSE market and buy XOM stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy XOM today.

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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the best free stock trading app, you need to deposit funds:

Watch the tutorial below if you need help depositing money into your new brokerage account.

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Step 4: Analyze Exxon Mobil stock

Once you have decided on the best place to buy Exxon Mobil stock, it's absolutely critical to analyze their stock before you buy, so you truly understand the risk as well as the upside.

Overview of key XOM info

XOM Price
$102.74
1w %
-1.75%
1y %
-7.72%
5y %
29.23%
P/E
10.2x
P/B
2.04x
P/S
1.14x
PEG
N/A
Revenue
$355.67B
Earnings
$41.13B
Fore. Rev. Growth
2.7%
Fore. Earn. Growth
-0.65%
Market Cap
$407.15B
Next Earnings
Jan 29, 2024
Next Dividend
Dec 11, 2023

Fundamentals of XOM

WallStreetZen was built to help average investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on XOM's stock page.

Is XOM stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge XOM's fair value.

Using relative valuations ratios:

  • XOM could be overvalued based on its P/E ratio of 10.2x, relative to Oil & Gas Integrated industry P/E ratio of 7.72x
  • XOM may be overvalued based on its P/B ratio of 2.04x, relative to Oil & Gas Integrated industry P/B ratio of 1.54x

You can do additional valuation analysis on XOM's stock here.

Is XOM a healthy company?

Pros:

  • XOM earnings of $60.52B is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the XOM balance sheet.
  • Total XOM debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the XOM balance sheet.
  • XOM's operating cash flow of $59.31B allows it to safely service it's debt of $41.25B.

Cons:

  • XOM profit margin has gone down from 12.9% to 11.6% in the past year.
  • XOM has a relatively high debt to equity ratio of 0.83.

Do Wall Street analysts think it's a good time to buy XOM stock

Out of 12 sell side analysts who give ratings on XOM, the consensus analyst rating on Exxon Mobil is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest XOM Analyst Upgrades/Downgrades

Biraj Borkhataria, a top 36% analyst from RBC Capital reiterates XOM with a hold rating and maintains their XOM price target from $120.00 to $120.00, on Oct 12, 2023.

Neal Dingmann, a top 1% analyst from Truist Securities upgrades XOM to a strong buy rating and raises their XOM price target from $110.00 to $131.00, on Oct 12, 2023.

Truist Securities's Neal Dingmann upgraded their rating on Exxon Mobil (NYSE: XOM) from Hold to Strong Buy on 2023/10/12. The analyst also raised their price target by 19.1% from $110 to $131.

The company's recent acquisition of Pioneer Natural Resources, announced on 2023/10/11, will pay off in the long run, Dingmann said.

Although it will not yield any material accretion in the near future, investors "should see a more sizable benefit" in upcoming years, the analyst detailed.

The pro-forma company deserves a premium multiple and cash-flow yield given its scale and likely well productivity that is "second to none," Dingmann praised.

Devin McDermott, a top 2% analyst from Morgan Stanley maintains XOM with a strong buy rating and raises their XOM price target from $131.00 to $134.00, on Oct 2, 2023.

Roger Read, a top 2% analyst from Wells Fargo maintains XOM with a strong buy rating and raises their XOM price target from $127.00 to $130.00, on Sep 22, 2023.

Peter Low, a top 40% analyst from Redburn Partners upgrades XOM to a hold rating and announces their XOM price target of $105.00, on Aug 31, 2023.

You can dig deeper into what analysts are forecasting on the Exxon Mobil stock forecast page.

XOM Momentum

SMA10
103.79
SMA20
104.37
SMA50
108.51
SMA100
108.85
SMA200
108.76
MACD
-1.37
MACD Signal
-1.48
MACD Histogram
0.11
RSI
39.49
Stochastic %K
38.97
Stochastic %D
47.24
StochRSI %K
47.31
StochRSI %D
63.2

How is XOM performing as a company?

Last year, XOM earnings were $41.13B. In the past 5 year, XOM's earnings have increased by 13.11% per year. This was slower than the Oil & Gas Integrated industry average of 24.38%.

Last year, XOM revenue was $355.67B. In the last five year, XOM's revenue has grown by 4.54% per year. This was slower than the Oil & Gas Integrated industry average of 6.25%.

You can research XOM's earnings and revenue performance here.

Who is buying/selling XOM?

In the past 12 months, insiders at XOM have bought more shares than they have sold.

Leonard M. Fox, Vice President and Controller of XOM, was the latest XOM insider to sell. They sold $443,908.08 worth of XOM stock on Nov 27, 2023.

Learn more about who owns XOM shares here.

Can I rely on XOM as an income stream?

Exxon Mobil pays a dividend of 3.58%, compared to the Oil & Gas Integrated industry's average dividend yield of 5.22%. If you owned $1,000 worth of XOM stock, you would have received $35.82 in the past 12 months.

Exxon Mobil dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about Exxon Mobil dividend yield and history here.

XOM Social Trading Data

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Step 5: Execute your XOM purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Keep tabs on your XOM position

Now that you own some XOM stock, you'll want to keep up with your investment.

Create a watchlist to monitor your XOM stock.

XOM Feed

How to Buy Stock in Exxon Mobil

To reiterate, here are the 6 steps for buying Exxon Mobil stock:

  1. Figure out where to buy Exxon Mobil stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Exxon Mobil stock
  5. Execute your XOM purchase
  6. Keep tabs on your XOM position

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Exxon Mobil, click the button below.

NYSE: XOM
$102.74+0.40 (+0.39%)
Updated Nov 30, 2023
Open eToro Account
NYSE: XOM
$102.74+0.40 (+0.39%)
Updated Nov 30, 2023
Open eToro Account

FAQ

How much does it cost to buy one Exxon Mobil share?

As of Nov 30, 2023, it costs $102.74 to buy one share of Exxon Mobil stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.097 shares of XOM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Exxon Mobil stock?

According to 12 Wall Street analysts who monitor Exxon Mobil, their consensus recommendation is to buy Exxon Mobil stock.

What is the best way to buy Exxon Mobil stock?

One way to place an order for Exxon Mobil stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.