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.
You need an online brokerage account in order to access the NYSE market and buy XOM stock.
Based on our analysis, eToro is the best stock brokerage. Here's why:
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountNow that you've picked the best brokerage, it's time to fill out some personal information so you can buy XOM today.
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.
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.
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.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge XOM's fair value.
Using relative valuations ratios:
You can do additional valuation analysis on XOM's stock here.
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.
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.
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.
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.
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.
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
There are two primary order types:
Press the Open Trade button and your broker will execute the order.
If you need additional help with investing in stocks on eToro, click the how to video below:
Now that you own some XOM stock, you'll want to keep up with your investment.
Create a watchlist to monitor your XOM stock.
To reiterate, here are the 6 steps for buying Exxon Mobil stock:
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Exxon Mobil, click the button below.