79.50 +0.08 (0.10%)
After hours: 7:49PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||78.81 - 79.82|
|52-week range||72.16 - 89.30|
|PE ratio (TTM)||17.15|
|Earnings date||27 Apr 2018|
|Forward dividend & yield||3.08 (3.92%)|
|1y target est||85.98|
The same day Linn Energy Inc. exited bankruptcy, it awarded Chief Executive Officer Mark Ellis a $60 million compensation package, more than three times the amount Exxon Mobil Corp. paid its CEO.
In this series, we’ve examined ExxonMobil’s (XOM) 1Q18 estimates, segmental earnings outlook, and stock performance. Now, we’ll examine analyst ratings for ExxonMobil. ExxonMobil (XOM) is a financially strong company with comfortable leverage and a good liquidity position.
In this part, we’ll look at ExxonMobil’s (XOM) stock price forecast range based on its implied volatility for the 14-day period until its earnings. ExxonMobil is expected to post its 1Q18 earnings on April 27, 2018.
ExxonMobil (XOM) posted better-than-expected 1Q17 earnings, which paused the downtrend witnessed in the previous quarter. But XOM’s 50-day moving average (or DMA) stayed below its 200 DMA in 2Q17 and 3Q17. However, in 4Q17, as WTI started rising, XOM stock began surging. Plus, tax reforms were announced in the US, pushing up the stock. Led by the stock upsurge, XOM’s 50-day moving average rose steeply, ultimately crossing over its 200-day moving average in 4Q17.
In the previous part, we examined ExxonMobil’s (XOM) segment-wise outlook for 1Q18. Now, we’ll review ExxonMobil’s stock performance before its 1Q18 results. ExxonMobil stock has provided negative returns since January 2, 2018.
Before we proceed with the 1Q18 segmental outlook, let’s look at ExxonMobil’s (XOM) 4Q17 segmental performance. ExxonMobil’s (XOM) adjusted upstream earnings increased from $1,493 million in 4Q16 to $2,518 million in 4Q17. The rise in upstream earnings was due to a surge in crude oil prices in 4Q17 over 4Q16. Brent prices, which averaged $50 per barrel in 4Q16, increased to $61 per barrel in 4Q17.
Powered by a surge in the price of oil, shares in ExxonMobil seem poised for a comeback. That could pave the way for further gains not just for the stock but for the energy sector more broadly, according ...
Liberian President George Weah ordered a probe into Exxon Mobil Corp.’s 2013 deal for drilling rights off the coast of the West African nation, according to his office.
Most cities suing oil companies over the impact of climate change want help paying for walls to protect against rising sea levels. And then there’s Boulder, Colorado.
In the previous part of this series, we considered Chevron’s (CVX) segmental outlook for 1Q18. Now, we’ll examine Chevron’s stock performance before its 1Q18 results. Chevron stock has fallen 6.5% since January 2. Oil prices as well as markets impact integrated energy stocks like Chevron, so let’s have a look at their performance in 2018.
Australia's biggest union mobilisation in more than two decades has kicked off in Melbourne amid claims of a national workplace emergency. More than 2000 delegates met at the city's Town Hall on Tuesday calling for stronger job security and pay, before hundreds took to the streets. Town Hall's 1600 seats filled quickly, with standing-room spilling outside, as a thunderous chant began "stand up, fight back".
Before we proceed with Chevron’s (CVX) 1Q18 segmental outlook, let’s briefly look at the company’s 4Q17 segmental performance.
Chevron (CVX) is expected to post its 1Q18 results on April 27. Before we proceed with the 1Q18 estimates, let’s recap Chevron’s 4Q17 performance versus estimates.
NEW YORK, April 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Saudi Arabia’s Aramco has managed to hide some crucial information from investors, but now insider source have revealed some of the most interesting data
Exxon Mobil must hand over documents related to a state investigation into whether the company misled investors and consumers about what it knew about the link between fossil fuels and climate change, ...
Exxon Mobil suffered another legal defeat in its attempt to dodge state investigations into whether the company’s public comments about climate change misled investors for years.