Exxon Mobil Corp.

Exxon Mobil Corp.

XOM

Market Cap$510.7B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Exxon Mobil Corp.Exxon Mobil Corp.13.83.31%12%-0.3

Earnings Call Q3 2024

November 1, 2024 - AI Summary

**Strong Earnings Growth**: ExxonMobil announced earnings of $8.6 billion for Q3 2024, marking one of the best third quarters in a decade. Year-to-date earnings for 2024 are approximately double those from the same period in 2019 on a constant margin basis, reflecting effective cost management and higher-return investments.
**Refining Business Success**: The refining segment has shown marked improvement through strategic divestments and optimization efforts. The number of refineries has been reduced from 22 in 2017 to 15 by the end of 2024, with overall costs cut by $5 billion since 2019. This restructuring has led to a 24% reduction in turnaround costs in 2024 and demonstrates a commitment to maximizing profitability.
**Dividend Announcements and Shareholder Returns**: ExxonMobil raised its quarterly dividend by 4% to $0.99 per share, marking the 42nd consecutive year of annual dividend increases. The company aims to maintain a sustainable and growing dividend, emphasizing total shareholder return, which stands at 20% year-to-date in 2024, leading all International Oil Companies (IOCs).

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$129.56

Target Price by Analysts

12.7% upsideExxon Mobil Target Price DetailsTarget Price
$172.79

Current Fair Value

50.3% upside

Undervalued by 50.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$510.70 Billion
Enterprise Value$553.93 Billion
Dividend Yield$3.8 (3.30578512396694%)
Earnings per Share$8.89
Beta0.88
Outstanding Shares0

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio13.78
PEG79.85
Price to Sales-
Price to Book Ratio-
Enterprise Value to Revenue1.61
Enterprise Value to EBIT12.67
Enterprise Value to Net Income16
Total Debt to Enterprise0.13
Debt to Equity0.25

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Exxon Mobil Corp.

74,900 employees
CEO: Darren Woods

ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world's growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the large...