News stories about Exxon Mobil Corporation (NYSE:XOM) have been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Exxon Mobil Corporation earned a news impact score of 0.17 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 44.0237894967954 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Exxon Mobil Corporation (XOM) Stock Is a Buy Despite Hurricane Mayhem (investorplace.com)
- Dow Analyst Moves: XOM (nasdaq.com)
- Will You Buy or Sell? Exxon Mobil Corporation (XOM) (newstrendstoday.com)
- Ausdal Financial Partners Inc. Has $1434000 Holdings in Exxon Mobil Corporation (XOM) (famososartistas.com)
- Exxon Must Disclose Accounting Details in N.Y. Climate Probe (finance.yahoo.com)
A number of analysts have recently weighed in on XOM shares. Vetr downgraded shares of Exxon Mobil Corporation from a “strong-buy” rating to a “buy” rating and set a $89.71 price target for the company. in a report on Tuesday, June 6th. Scotiabank set a $86.00 price objective on shares of Exxon Mobil Corporation and gave the stock a “buy” rating in a research report on Saturday, June 17th. Royal Bank Of Canada reiterated a “buy” rating and set a $96.00 price objective on shares of Exxon Mobil Corporation in a research report on Thursday, June 15th. Societe Generale set a $95.00 price target on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a research report on Friday, July 14th. Finally, Barclays PLC set a $94.00 price target on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a research report on Monday, August 21st. Seven equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $84.44.
Exxon Mobil Corporation (XOM) traded up 0.30% during trading on Wednesday, hitting $79.74. 6,087,546 shares of the stock were exchanged. Exxon Mobil Corporation has a 1-year low of $76.05 and a 1-year high of $93.22. The firm has a market capitalization of $337.87 billion, a price-to-earnings ratio of 28.75 and a beta of 0.82. The company has a 50-day moving average price of $78.40 and a 200 day moving average price of $80.86.
Exxon Mobil Corporation (NYSE:XOM) last released its earnings results on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.05). Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The firm had revenue of $62.88 billion for the quarter, compared to analyst estimates of $61.35 billion. During the same period last year, the firm earned $0.41 EPS. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities analysts predict that Exxon Mobil Corporation will post $3.43 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Monday, August 14th were issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date was Thursday, August 10th. Exxon Mobil Corporation’s payout ratio is presently 111.19%.
In other news, Director Steven Reinemund sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the sale, the director now directly owns 43,125 shares in the company, valued at $3,459,918.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.08% of the company’s stock.
Exxon Mobil Corporation Company Profile
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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