How high will Exxon stock go? (2024)

How high will Exxon stock go?

Exxon Mobil Stock Forecast

Where will XOM stock be in 5 years?

Exxon Mobil stock price stood at $102.25

According to the latest long-term forecast, Exxon Mobil price will hit $110 by the end of 2024 and then $125 by the middle of 2026. Exxon Mobil will rise to $150 within the year of 2028 and $200 in 2033.

What is the prediction for Exxon stock?

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.

Will XOM split soon?

As of early 2023, ExxonMobil had not announced an upcoming stock split.

Is Exxon a good buy right now?

Exxon Mobil has a conensus rating of Moderate Buy which is based on 10 buy ratings, 6 hold ratings and 0 sell ratings. What is Exxon Mobil's price target? The average price target for Exxon Mobil is $125.73. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Should I hold or sell Exxon stock?

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.

Why is Exxon a good buy?

Exxon is an industry giant

Exxon has an over $400 billion market cap. That makes it larger than Chevron, Shell, TotalEnergies, and BP, its closest peers. In fact, the second-largest integrated energy company on this list is Chevron, with just a $285 billion or so market cap.

What makes Exxon stock go up?

Exxon's Stock Follows Oil Prices

As with other oil stocks, Exxon will rise and fall with crude oil prices.

What is the forecast for Exxon Mobil in 2030?

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.

When did XOM pay its last dividend?

The XOM stock shareholders received the last dividend payment of $0.95 per share on December 11, 2023 . Exxon Mobil Corporation's next dividend payment has not been announced at this time.

Who owns most of Exxon stock?

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 ...

How much did Exxon profit in 1989?

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.

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.

Will Exxon raise its dividend in 2023?

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.

What is the next Exxon dividend?

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.

Is Chevron a buy sell or hold?

Is Chevron stock a Buy, Sell or Hold? Chevron stock has received a consensus rating of buy.

Is Exxon a good gas brand?

Quality you can depend on

When you fill up at an Exxon™ or Mobil™ station, you can be confident you're getting high quality gasoline every time.

Is Amazon a buy or sell?

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 39 Wall Streets Analysts.

How long is best to hold a stock?

Though there is no ideal time for holding stock, you should stay invested for at least 1-1.5 years. If you see the stock price of your share booming, you will have the question of how long do you have to hold stock?

How real is Exxon Mobil?

ExxonMobil is one of the world's largest and most powerful companies. Since its merger, the company has varied from the first to tenth largest publicly traded company by revenue, and has one of the largest market capitalizations out of any company.

Should I just buy and hold stocks?

The Bottom Line. Buy and hold remains one of the most popular and proven ways to invest in the stock market. The practitioners of this strategy often do not have to worry about timing the market or basing their decisions on subjective patterns and analysis.

Is Exxon stock undervalued?

This means that XOM stock is severely undervalued. For example, using an 8% FCF yield metric, we can estimate that its market cap could rise to $562 billion (i.e., $45b/0.08=$562.5 billion). That is $162.5 billion higher than its present $400 billion market capitalization, or 40.6% higher.

Is Exxon a good dividend stock?

Exxon Mobil tops our list of the best dividend stocks to buy.

Is Exxon in debt?

How Much Debt Does Exxon Mobil Carry? As you can see below, Exxon Mobil had US$39.5b of debt at September 2023, down from US$45.4b a year prior.

Will Exxon Mobil stock recover?

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.

You might also like
Popular posts
Latest Posts
Article information

Author: Dan Stracke

Last Updated: 04/03/2024

Views: 6415

Rating: 4.2 / 5 (43 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Dan Stracke

Birthday: 1992-08-25

Address: 2253 Brown Springs, East Alla, OH 38634-0309

Phone: +398735162064

Job: Investor Government Associate

Hobby: Shopping, LARPing, Scrapbooking, Surfing, Slacklining, Dance, Glassblowing

Introduction: My name is Dan Stracke, I am a homely, gleaming, glamorous, inquisitive, homely, gorgeous, light person who loves writing and wants to share my knowledge and understanding with you.