Should I hold or sell Exxon stock? (2024)

Should I hold or sell Exxon stock?

Exxon Mobil has a conensus rating of Moderate Buy which is based on 11 buy ratings, 6 hold ratings and 0 sell ratings. The average price target for Exxon Mobil is $125.31. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

What is the prediction for Exxon stock?

Exxon Mobil Stock Forecast

The 18 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 132.33, with a low estimate of 110 and a high estimate of 150. The average target predicts an increase of 10.39% from the current stock price of 119.88.

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. While it's possible the company will split its stock again, it's unclear when or if that will occur.

Will XOM stock go up 2024?

ExxonMobil could hit a half-trillion-dollar market cap in 2024. ExxonMobil (XOM -0.57%) and the broader energy sector have been on a tear the last month, crushing the S&P 500's 3.6% gain. A big part of the run-up is due to rising crude oil prices.

Where will XOM stock be in 5 years?

Exxon Mobil stock price stood at $119.88

According to the latest long-term forecast, Exxon Mobil price will hit $125 by the middle of 2024 and then $150 by the middle of 2025. Exxon Mobil will rise to $200 within the year of 2029 and $250 in 2033.

Is it time to sell Exxon stock?

Based on analyst ratings, Exxon Mobil's 12-month average price target is $125.31. Exxon Mobil has 12.62% upside potential, based on the analysts' average price target. Exxon Mobil has a conensus rating of Moderate Buy which is based on 11 buy ratings, 6 hold ratings and 0 sell ratings.

Is Exxon a good buy right now?

Experts are largely positive about Exxon Mobil's future prospects, emphasizing the company's strong dividend, potential for growth from recent acquisitions, and resilience in the face of fluctuating oil prices. They also highlight the company's strategic investments and the potential for a rebound in oil prices.

What is the highest Exxon stock has ever been?

Why is Exxon stock dropping?

Exxon's Stock Follows Oil Prices

As with other oil stocks, Exxon will rise and fall with crude oil prices. So even when Exxon looks good based on fundamentals, crude oil prices may suddenly plunge, taking XOM stock down, too. On the other hand, a rise in oil prices may help lift the stock.

What is the next Exxon dividend?

What is the forecast for Exxon Mobil in 2024?

Exxon Mobil reported plans for a less-than-2% production increase for average net production of about 3.8 million barrels of oil equivalent per day in 2024, vs. 3.74 million barrels of oil equivalent per day in 2023.

What is the outlook for Exxon in 2024?

We have raised our forecasts for XOM's oil and gas volumes available for sale due to the expectations of rising demand in the key regions for the company. We are cutting the forecast for Exxon Mobil's gross costs from 55.7% of revenue to 54.1% for 2024, and from 56.1% of revenue to 55.2% for 2025.

What will Exxon stock price be in 2025?

Exxon Mobil stock forecast for 2025: $ 125.05 (4.39%) Exxon Mobil stock prediction for 2030: $ 155.05 (29.43%)

Why should I invest in Exxon Mobil Corp?

2, ExxonMobil (XOM -0.09%) reported its second-highest year of earnings over the last decade. And there could be even more growth to come in the years ahead. Exxon's record earnings in 2022 were a bit of an outlier. Oil prices surged in response to Russia's invasion of Ukraine, geopolitical tensions, and strong demand.

Is Exxon Mobil undervalued?

In addition to the earnings-based intrinsic value measures, Exxon is also shown to be undervalued using a dividend discount model. The convergence of the free cash flow and dividend-based intrinsic value measures both suggest comparable upside.

When did Exxon pay its last dividend?

When is Exxon Mobil Corporation's ex-dividend date? Exxon Mobil Corporation's latest ex-dividend date was on February 13, 2024 . The XOM stock shareholders received the last dividend payment of $0.95 per share on March 11, 2024 . Exxon Mobil Corporation's next dividend payment has not been announced at this time.

Is ExxonMobil a risky stock?

Exxon Mobil Corporation shows a Risk Score of 9.00. The Risk Score for Exxon Mobil Corporation is significantly higher than its peer group's.

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 3.17%. The dividend is paid every three months and the last ex-dividend date was Feb 13, 2024.

Is Exxon stock overvalued?

XOM's 12-month-forward PE to Growth (PEG) ratio of 3.74 is considered a poor value as the market is overvaluing XOM in relation to the company's projected earnings growth due. XOM's PEG comes from its forward price to earnings ratio being divided by its growth rate.

Is Chevron a buy sell or hold?

Chevron Corp has a conensus rating of Moderate Buy which is based on 9 buy ratings, 5 hold ratings and 0 sell ratings. The average price target for Chevron Corp is $176.54. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Apple a buy or sell?

What do analysts say about Apple? Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 28 Wall Streets Analysts.

Is Coca Cola a buy or sell?

Is Coca-Cola stock a Buy, Sell or Hold? Coca-Cola stock has received a consensus rating of buy. The average rating score is A1 and is based on 38 buy ratings, 9 hold ratings, and 0 sell ratings.

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, Jpmorgan Chase & Co, and Bank Of America ...

When did Warren Buffett buy Exxon?

Berkshire Hathaway's Exxon Mobil Stake

The first Exxon Mobil trade was made in Q2 2009. Since then Warren Buffett bought shares five more times and sold shares on four occasions. The investor sold all their shares in Q4 2014 and doesn't own any shares in Exxon Mobil anymore.

Who did Exxon merge with?

1999. On November 30, 1999, Exxon and Mobil join to form Exxon Mobil Corporation.