Is Exxon Stock a Good Investment?

Exxon Investment Advice

XOM

To provide specific investment advice or recommendations on Exxon Mobil Corp stock, we recommend investors consider the following general factors when evaluating Exxon Mobil Corp. This will help you to make an informed decision on whether to include Exxon in one of your diversified portfolios:

Examine Exxon's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Exxon's leadership team and their track record. Good management can help Exxon navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Exxon's business and its evolving consumer preferences.
Compare Exxon's performance and market position to its competitors. Analyze how Exxon is positioned in terms of product offerings, innovation, and market share.
Check if Exxon pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Exxon's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Exxon Mobil Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Exxon Mobil Corp is a good investment.

Sell

Buy

Strong Hold

Macroaxis provides advice on Exxon Mobil Corp to complement and cross-verify current analyst consensus on Exxon Mobil Corp. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Exxon is not overpriced, please confirm all Exxon Mobil Corp fundamentals, including its short ratio, and the relationship between the cash per share and market capitalization . Given that Exxon Mobil Corp has a price to earning of 9.24 X, we urge you to verify Exxon Mobil Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Solid	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Moves indifferently to market moves	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Exxon Stock

Researching Exxon's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 63.0% of the company outstanding shares are owned by institutional investors. The book value of Exxon was at this time reported as 51.57. The company recorded earning per share (EPS) of 8.89. Exxon Mobil Corp last dividend was issued on the 13th of February 2024. The entity had 2:1 split on the 19th of July 2001.

To determine if Exxon is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Exxon's research are outlined below:

	About 63.0% of the company outstanding shares are owned by institutional investors
	On 11th of March 2024 Exxon paid $ 0.95 per share dividend to its current shareholders
	Latest headline from seekingalpha.com: Exxon leads industry fight against UN talks seeking cap on plastic production

Exxon Quarterly Gross Profit

17.56 Billion

Exxon uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Exxon Mobil Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Exxon's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	26th of April 2024 Upcoming Quarterly Report	View
	26th of July 2024 Next Financial Report	View
	31st of March 2024 Next Fiscal Quarter End	View
	7th of February 2025 Next Fiscal Year End	View
	31st of December 2023 Last Quarter Report	View
	31st of December 2023 Last Financial Announcement	View

Earnings surprises can significantly impact Exxon's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Exxon's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2021-02-02	2020-12-31	0.01	0.03	0.02	200
1998-04-21	1998-03-31	0.34	0.38	0.04	11
1997-01-21	1996-12-31	0.38	0.42	0.04	10
1997-07-21	1997-06-30	0.35	0.4	0.05	14
2021-04-30	2021-03-31	0.59	0.65	0.06	10
2003-07-31	2003-06-30	0.56	0.62	0.06	10
2003-01-30	2002-12-31	0.5	0.56	0.06	12
2000-07-25	2000-06-30	0.53	0.59	0.06	11

Know Exxon's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Exxon is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Exxon Mobil Corp backward and forwards among themselves. Exxon's institutional investor refers to the entity that pools money to purchase Exxon's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Bank Of New York Mellon Corp	2023-12-31	40.1 M
Goldman Sachs Group Inc	2023-12-31	38.6 M
Dimensional Fund Advisors, Inc.	2023-12-31	32.9 M
State Farm Mutual Automobile Ins Co	2023-12-31	30.5 M
Legal & General Group Plc	2023-12-31	27.9 M
Charles Schwab Investment Management Inc	2023-12-31	27 M
Nuveen Asset Management, Llc	2023-12-31	23 M
Capital Research & Mgmt Co - Division 3	2023-12-31	22 M
Ameriprise Financial Inc	2023-12-31	20.9 M
Vanguard Group Inc	2023-12-31	388.5 M
Blackrock Inc	2023-12-31	272.5 M

Note, although Exxon's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Exxon's market capitalization trends

The company currently falls under 'Mega-Cap' category with a total capitalization of 479.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Exxon's market, we take the total number of its shares issued and multiply it by Exxon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

179.48 Billion

Exxon's profitablity analysis

Exxon's profitability indicators refer to fundamental financial ratios that showcase Exxon's ability to generate income relative to its revenue or operating costs. If, let's say, Exxon is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Exxon's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Exxon's profitability requires more research than a typical breakdown of Exxon's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.1	0.07
Return On Capital Employed	0.14	0.15
Return On Assets	0.1	0.07
Return On Equity	0.18	0.20

The company has Net Profit Margin of 0.11 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.15 %, which entails that for every 100 dollars of revenue, it generated $0.15 of operating income.

Determining Exxon's profitability involves analyzing its financial statements and using various financial metrics to determine if Exxon is a good buy. For example, gross profit margin measures Exxon's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Exxon's profitability and make more informed investment decisions.

The data published in Exxon's official financial statements usually reflect Exxon's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Exxon Mobil Corp. For example, before you start analyzing numbers published by Exxon accountants, it's critical to develop an understanding of what Exxon's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.

Please note, the presentation of Exxon's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Exxon's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Exxon's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Exxon Mobil Corp. Please utilize our Beneish M Score to check the likelihood of Exxon's management manipulating its earnings.

Evaluate Exxon's management efficiency

Exxon Mobil Corp has Return on Asset of 0.0849 % which means that on every $100 spent on assets, it made $0.0849 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.18 %, implying that it generated $0.18 on every 100 dollars invested. Exxon's management efficiency ratios could be used to measure how well Exxon manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Exxon's Return On Capital Employed is very stable compared to the past year. As of the 26th of April 2024, Return On Equity is likely to grow to 0.20, while Return On Tangible Assets are likely to drop 0.07. At this time, Exxon's Asset Turnover is very stable compared to the past year.

	Last Reported	Projected for Next Year
Book Value Per Share	50.54	53.07
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	52.45	55.08
Enterprise Value Over EBITDA	6.58	6.70
Price Book Value Ratio	1.98	2.83
Enterprise Value Multiple	6.58	6.70
Price Fair Value	1.98	2.83
Enterprise Value	374 B	392.7 B

The analysis of Exxon's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Exxon's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Exxon Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0314

Forward Dividend Yield

0.0314

Forward Dividend Rate

3.8

Beta

0.964

Basic technical analysis of Exxon Stock

As of the 26th of April, Exxon shows the Coefficient Of Variation of 278.73, mean deviation of 0.7907, and Downside Deviation of 0.87. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Exxon, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Exxon Mobil Corp, which can be compared to its peers. Please confirm Exxon Mobil Corp market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Exxon Mobil Corp is priced favorably, providing market reflects its regular price of 121.33 per share. Given that Exxon has jensen alpha of 0.3508, we urge you to verify Exxon Mobil Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Exxon's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Exxon insiders, such as employees or executives, is commonly permitted as long as it does not rely on Exxon's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Exxon insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Darren Woods over six months ago Exxon exotic insider transaction detected
		Darren Woods over six months ago Payment of 25971 shares by Darren Woods of Exxon subject to Rule 16b-3

Exxon's Outstanding Corporate Bonds

Exxon issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Exxon Mobil Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Exxon bonds can be classified according to their maturity, which is the date when Exxon Mobil Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	EXXON MOBIL P Corp Bond US30231GAN25	View
	EXXON MOBIL P Corp Bond US30231GAF90	View
	EXXON MOBIL P Corp Bond US30231GBK76	View
	EXXON MOBIL P Corp Bond US30231GBN16	View
	EXXON MOBIL P Corp Bond US30231GBM33	View
	EXXON MOBIL P Corp Bond US30231GBG64	View
	EXXON MOBIL P Corp Bond US30231GBF81	View
	EXXON MOBIL P Corp Bond US30231GBJ04	View

View All Exxon Corporate Bonds

Understand Exxon's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Exxon's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.2276
	Market Risk Adjusted Performance	(5.05)
	Mean Deviation	0.7907
	Semi Deviation	0.4503
	Downside Deviation	0.87
	Coefficient Of Variation	278.73
	Standard Deviation	0.991
	Variance	0.982
	Information Ratio	0.2701
	Jensen Alpha	0.3508
	Total Risk Alpha	0.2219
	Sortino Ratio	0.3077
	Treynor Ratio	(5.06)
	Maximum Drawdown	4.66
	Value At Risk	(1.17)
	Potential Upside	1.96
	Downside Variance	0.7569
	Semi Variance	0.2028
	Expected Short fall	(1.00)
	Skewness	(0.02)
	Kurtosis	0.1779

	Risk Adjusted Performance	0.2276
	Market Risk Adjusted Performance	(5.05)
	Mean Deviation	0.7907
	Semi Deviation	0.4503
	Downside Deviation	0.87
	Coefficient Of Variation	278.73
	Standard Deviation	0.991
	Variance	0.982
	Information Ratio	0.2701
	Jensen Alpha	0.3508
	Total Risk Alpha	0.2219
	Sortino Ratio	0.3077
	Treynor Ratio	(5.06)
	Maximum Drawdown	4.66
	Value At Risk	(1.17)
	Potential Upside	1.96
	Downside Variance	0.7569
	Semi Variance	0.2028
	Expected Short fall	(1.00)
	Skewness	(0.02)
	Kurtosis	0.1779

Consider Exxon's intraday indicators

Exxon intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Exxon stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	309688.0
	Daily Balance Of Power	0.1186
	Rate Of Daily Change	1.0
	Day Median Price	120.58
	Day Typical Price	120.83
	Price Action Indicator	0.89
	Period Momentum Indicator	0.28

Exxon Corporate Filings

	22nd of April 2024 Other Reports	View Verify
	11th of April 2024 Other Reports	View Verify
8K	3rd of April 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify

Exxon time-series forecasting models is one of many Exxon's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Exxon's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Exxon Stock media impact

Far too much social signal, news, headlines, and media speculation about Exxon that are available to investors today. That information is available publicly through Exxon media outlets and privately through word of mouth or via Exxon internal channels. However, regardless of the origin, that massive amount of Exxon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Exxon news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Exxon relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Exxon's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Exxon alpha.

Exxon Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Exxon can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Exxon Mobil Corp Historical Investor Sentiment

Investor biases related to Exxon's public news can be used to forecast risks associated with an investment in Exxon. The trend in average sentiment can be used to explain how an investor holding Exxon can time the market purely based on public headlines and social activities around Exxon Mobil Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Exxon's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Exxon and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Exxon news discussions. The higher the estimate score, the more favorable the investor's outlook on Exxon.

Exxon Maximum Pain Price across 2024-04-26 Option Contracts

Exxon's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Exxon close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Exxon's options.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Exxon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Exxon Corporate Directors

Exxon corporate directors refer to members of an Exxon board of directors. The board of directors generally takes responsibility for the Exxon's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Exxon's board members must vote for the resolution. The Exxon board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Steven Reinemund	Presiding Independent Director	Profile
Samuel Palmisano	Presiding Independent Director	Profile
William Weldon	Independent Director	Profile
Henrietta Fore	Independent Director	Profile

How to buy Exxon Stock?

Examine Exxon's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Exxon's leadership team and their track record. Good management can help Exxon navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Exxon's business and its evolving consumer preferences.
Compare Exxon's performance and market position to its competitors. Analyze how Exxon is positioned in terms of product offerings, innovation, and market share.
Check if Exxon pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Exxon's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in Exxon Mobil Corp?

The danger of trading Exxon Mobil Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Exxon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Exxon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Exxon Mobil Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Exxon Mobil Corp is a strong investment it is important to analyze Exxon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exxon's future performance. For an informed investment choice regarding Exxon Stock, refer to the following important reports: