Should I invest in Exxon right now? (2024)

Should I invest in Exxon right now?

Exxon Mobil Corporation - Hold

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.

What is the prediction for Exxon stock?

Stock Price 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 24.51% from the current stock price of 102.25.

What will Exxon stock be in 5 years?

What will the XONA price be in 5 years and 10 years – forecast by years
YearPrice in the middle of the yearPrice at the end of the year
2024113.06 USD119.03 USD
2025125 USD131.6 USD
2026138.2 USD145.5 USD
2027152.79 USD160.86 USD
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Is XOM going to split soon?

Will Exxon stock ever split? ExxonMobil last split its stock in 2001. As of mid-2023, the oil giant hadn't declared an upcoming stock split.

What is the best oil stock to buy right now?

Comparison Results
NamePricePrice Change
XOM Exxon Mobil$102.25$0.7 (0.69%) Pre 0.38%
CVX Chevron$152.35$0.02 (0.01%) Pre 0.39%
COP Conocophillips$111.52$1.55 (1.41%) Pre 0%
EOG EOG Resources$111.88$2.23 (2.03%) Pre 0.69%
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What is the long term outlook for Exxon Mobil?

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.

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.

Why is Exxon stock down?

The biggest reason that Exxon stock remains down from its 2023 peak is oil prices have been relatively weak lately, because of a global oversupply of oil. But investors might also be choosing to invest in other oil companies because Exxon's dividend yield is now the lowest of the five oil majors.

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.

How many times a year does Exxon pay dividends?

Exxon Mobil Dividend Information

Exxon Mobil has an annual dividend of $3.80 per share, with a forward yield of 3.74%. The dividend is paid every three months and the next ex-dividend date is Feb 13, 2024.

How to invest in Exxon Mobil stock?

How to buy XOM stock on Public
  1. Sign up for a brokerage account on Public. It's easy to get started.
  2. Add funds to your Public account. ...
  3. Choose how much you'd like to invest in XOM stock. ...
  4. Manage your investments in one place.

What is the highest Exxon stock has ever been?

Exxon - 54 Year Stock Price History | XOM
  • The all-time high Exxon stock closing price was 119.11 on September 27, 2023.
  • The Exxon 52-week high stock price is 120.70, which is 18.9% above the current share price.
  • The Exxon 52-week low stock price is 95.77, which is 5.7% below the current share price.

Will Exxon pay its dividend?

Exxon Mobil Corporation ( XOM ) pays dividends on a quarterly basis. The next dividend payment is planned on March 11, 2024 . Exxon Mobil Corporation ( XOM ) has increased its dividends for 42 consecutive years.

Will Exxon raise its dividend in 2023?

The Corporation declared a fourth-quarter dividend of $0.95 per share, payable on Dec. 11, 2023, to shareholders of record of Common Stock at the close of business on Nov. 15, 2023. The company has increased its annual dividend for 41 consecutive years, including this increase of $0.04 per share, or 4 percent.

Why should I invest in oil right now?

Investors continue to find more opportunities in the fossil fuel marketplace compared to renewable energy companies. Despite increasing geopolitical issues that could potentially upset world energy markets, oil prices remain relatively stable.

What stocks go up in a recession?

7 Stocks That Outperform in a Recession
StockImplied upside from Nov. 27 Closing Price
Accenture PLC (ACN)2.6%
T-Mobile US Inc. (TMUS)17.6%
Walt Disney Co. (DIS)10.3%
Netflix Inc. (NFLX)10.6%
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What is the best gas company to invest in?

Some best energy stocks include Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), Shell plc (NYSE:SHEL), TotalEnergies SE (NYSE:TTE), BP p.l.c. (NYSE:BP), and others. Don't miss: 12 Best Crude Oil Stocks To Buy As Tensions Rise and 12 Best Performing Energy Stocks in 2023.

Is ExxonMobil in debt?

Total debt on the balance sheet as of September 2023 : $41.25 B. According to Exxon Mobil's latest financial reports the company's total debt is $41.25 B. A company's total debt is the sum of all current and non-current debts.

What is the ranking of ExxonMobil?

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. As of 2023, in the most recent rankings released in the Fortune 500, ExxonMobil was ranked third, and twelfth on the Fortune Global 500.

What will XOM stock price be in 2030?

Long-Term Exxon Mobil Stock Price Predictions
YearPredictionChange
2027$ 116.0113.77%
2028$ 121.1118.77%
2029$ 126.4323.99%
2030$ 131.9829.43%
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Who holds Exxon stock?

Top 10 Owners of Exxon Mobil Corp
StockholderStakeTotal value ($)
The Vanguard Group, Inc.9.35%37,443,174,767
SSgA Funds Management, Inc.5.24%20,999,642,231
BlackRock Fund Advisors4.93%19,733,892,232
Fidelity Management & Research Co...2.60%10,417,066,970
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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 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.

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.

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