Exxon Mobil (XOM) Getting Somewhat Positive News Coverage, Analysis Shows
News headlines about Exxon Mobil (NYSE:XOM) have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Exxon Mobil earned a media sentiment score of 0.92 on their scale. InfoTrie also gave headlines about the oil and gas company an news buzz score of 2 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Exxon Mobil’s ranking:
- Notable ETF Inflow Detected – IWD, JPM, XOM, JNJ (nasdaq.com)
- Several Houston energy cos. among 17 forming $100M Permian Strategic Partnership (finance.yahoo.com)
- XOM, CVX, Shell, and BP: Do Moving Averages Suggest Caution? (finance.yahoo.com)
- Stock Price Forecast: XOM, CVX, RDS.A, and BP until December 31 (finance.yahoo.com)
- Macquarie Analysts Give Exxon Mobil (XOM) a $70.00 Price Target (americanbankingnews.com)
A number of equities analysts recently issued reports on the company. Societe Generale set a $92.00 target price on Exxon Mobil and gave the stock a “buy” rating in a research note on Monday, August 6th. Credit Suisse Group restated a “neutral” rating and issued a $80.00 target price on shares of Exxon Mobil in a research note on Tuesday, October 2nd. Macquarie restated a “sell” rating and issued a $70.00 target price on shares of Exxon Mobil in a research note on Thursday, August 30th. HSBC restated a “buy” rating and issued a $95.00 target price on shares of Exxon Mobil in a research note on Tuesday, November 6th. Finally, Zacks Investment Research restated a “hold” rating on shares of Exxon Mobil in a research note on Saturday. Four investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $87.22.
Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, November 2nd. The oil and gas company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.25. The company had revenue of $76.61 billion for the quarter, compared to the consensus estimate of $72.91 billion. Exxon Mobil had a return on equity of 9.53% and a net margin of 8.15%. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period last year, the firm earned $0.93 EPS. On average, analysts expect that Exxon Mobil will post 4.71 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Tuesday, November 13th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 4.14%. The ex-dividend date is Friday, November 9th. Exxon Mobil’s dividend payout ratio is currently 91.36%.
In other news, VP Bradley W. Corson sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $84.02, for a total transaction of $1,260,300.00. Following the sale, the vice president now directly owns 214,774 shares in the company, valued at approximately $18,045,311.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.08% of the stock is currently owned by company insiders.
Exxon Mobil Company Profile
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.
Featured Article: Short Selling
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.