Exxon Mobil's (XOM) Focus List Rating Reaffirmed at Argus

Owen Stevens
May 20, 2017

The average analysts gave this company a mean recommendation of 3.00. The stock decreased 0.68% or $0.56 during the last trading session, reaching $81.99. By our calculations, the projected P/E ratio on 2017 earnings is 30.7, well above the market multiple of 18.2 given the challenging sector earnings outlook. The oil and gas company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.10. As per Thursday, September 3, the company rating was maintained by RBC Capital Markets.

ExxonMobil has maintained a presence in Mexico for more than 130 years with other businesses and sales in the country, including chemicals and Mobil-branded lubricants, as well as interest in oil and gas exploration, where we anticipate continued growth. During the same period in the prior year, the business posted $0.43 earnings per share. The company reported its last quarter on 3/30/2017. Its down 5.77% from 19.41M shares previously.

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Intersect Ltd Llc has invested 0.38% in Exxon Mobil Corporation (NYSE:XOM). It is now trading 10.44% off that level.

After a look at recent stock performance, Exxon Mobil Corporation (NYSE:XOM) shares have traded $-0.22 off of the 50-day moving average of $82.08 and $-2.59 off of the 200-day moving average of $84.45. The stock carved out a 52-week low down at $79.55.

Exxon Mobil shares were up 0.55% premarket Friday. Ltd. now owns 7,221,961 shares of the oil and gas company's stock worth $651,912,000 after buying an additional 6,440,709 shares during the last quarter.

The stock decreased 0.24% or GBX 0.25 on May 18, reaching GBX 102.36. That suggests something of the likelihood of a short squeeze in shares of XOM. The original version of this piece of content can be read at https://transcriptdaily.com/2017/05/19/simmons-reaffirms-neutral-rating-for-exxon-mobil-co-xom-updated-updated-updated.html. It is negative, as 58 investors sold XOM shares while 851 reduced holdings. The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Neutral" rating by Bank of America on Thursday, June 2. HSBC Holdings plc lowered their price objective on shares of Exxon Mobil from $90.00 to $85.00 and set a "hold" rating for the company in a research note on Wednesday, March 8th. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Texas Yale Corp stated it has 0.51% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Over the past week, shares are -3.67%. Marathon Cap Management owns 8,178 shares or 0.35% of their U.S. portfolio. Rosenthal David S had sold 8,220 shares worth $719,817. Madison Investment invested in 404,001 shares. Gemmer Asset Management Lc reported 183 shares stake. Shaker Financial Services Llc owns 132,967 shares or 0.37% of their United States portfolio. Vanguard Group Inc. raised its position in Exxon Mobil by 3.6% in the first quarter. Empirical Finance LLC purchased a new stake in Exxon Mobil during the fourth quarter valued at about $172,000.

Exxon Mobil Corporation (NYSE:XOM) yearly performance is -5.17% and net profit margin is 4.30%. Rockefeller Fincl Serv has invested 1.83% in Exxon Mobil Corporation (NYSE:XOM). The stock is expected to report revenue as high as $70.19B and as low as $61.16B per share. The stock has "Neutral" rating by Credit Suisse on Thursday, March 2. The return on invested capital at 0.6%, which is good, compared to its peers. Fuller Thaler Asset Mngmt has invested 0.03% in Exxon Mobil Corporation (NYSE:XOM). Norris Perne & French Llp Mi holds 77,603 shares or 1.38% of its portfolio. Shares for $454,384 were sold by Ortwein Sara N on Thursday, December 15. Metropolitan Life Insurance Communication Ny invested 0% in Endologix, Inc. Beech Hill Advsr Incorporated accumulated 2,600 shares. 5,339 shares were sold by Schleckser Robert N, worth $463,892 on Monday, November 28.

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