XOM - Exxon Mobil

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Apr 1, 2016.

  1. Stockaholic

    Stockaholic Content Manager

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    Exxon Mobil Corp. (XOM) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly Standard Oil Company of New Jersey) and Mobil(formerly the Standard Oil Company of New York).

    The world's 8th largest company by revenue, ExxonMobil is also the third largest publicly traded company by market capitalization. The company was ranked No. 6 globally in Forbes Global 2000 list in 2014. ExxonMobil was the second most profitable company in the Fortune 500 in 2014.

    ExxonMobil is the largest of the world's super majors with daily production of 3.921 million BOE. In 2008, this was approximately 3 percent of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves, it is 14th in the world—with less than 1 percent of the total. ExxonMobil's reserves were 25.2 billion BOE (barrels of oil equivalent) at the end of 2013 and the 2007 rates of production were expected to last more than 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), ExxonMobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.

    ExxonMobil has been criticized for its slow response to cleanup efforts after the 1989 Exxon Valdez oil spill in Alaska, widely considered to be one of the world's worst oil spills in terms of damage to the environment. ExxonMobil has a history of lobbying for climate change denial and against the idea that global warming is caused by the burning of fossil fuels. The company has also been the target of accusations of improperly dealing with human rights issues, influence on American foreign policy, and its impact on the future of nations.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (4/29/16)
    Earnings: EPS $0.43 Revenue $48.71B
    Estimates: EPS $0.31 Revenue $48.14B

    Up 0.03% in pre-market
     
  3. fidelgeorge

    fidelgeorge Well-Known Member

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    You can buy with your eyes closed. Dividend increase every year, great fundamentals, institutions with you; Nothing can go wrong...
     
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  4. LloydWCoutee

    LloydWCoutee Active Member

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    #1 natural gas producer $XOM closing at 52 week highs. #2 producer $CHK down 29% in 5 days. Ditch the sloppy seconds. Go with quality.
     
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  5. StockJock-e

    StockJock-e Brew Master
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    Hey! New 52wk highs!
     
  6. Jenny Rebekka

    Jenny Rebekka New Member

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    Exxon Mobil Corporation (NYSE:XOM) is likely signaling a near term bounce based off very simple signals. First, take note that crude oil is down sharply again today, trading at $43.31, -1.39 (-3.11%). This is the second day in a row that oil is down over 3%. Now compare that to the price action on Exxon Mobil. Yesterday, Exxon fell early only to recover, barely negative on the day. Today, Exxon is trading at $86.35, -0.79 (-0.91%). While oil is trading sharply lower, taking out yesterday's lows but a substantial margin, Exxon Mobil is barely lower, and not below yesterday's lows. This is a positive divergence in Exxon and tells us that big money is starting to accumulate the stock. I am going with big money and buying in this range.

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    Jenny Rebekka
     
  7. T0rm3nted

    T0rm3nted Moderator
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    Upcoming dividend information:

    Ex-Div-Date
    : 11/8/16
    Payment Date: 12/9/16
    Dividend: $0.75
    Current Price: $84.78
    Annual Yield: 3.54%
     
  8. Tiptopptrader

    Tiptopptrader Well-Known Member

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    XOM up on oil pop this morning

    upload_2016-12-12_7-16-52.png
     
  9. Gambit

    Gambit Active Member

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    Bank of Trump says sell Boeing and Lockheed and buy Exxon
     
  10. Gambit

    Gambit Active Member

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  11. LloydWCoutee

    LloydWCoutee Active Member

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    $XOM remember the bush years, the oil years, the deals u never saw? its all happening
     
  12. fidelgeorge

    fidelgeorge Well-Known Member

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    Positive day in bad month! Long term trend looks to be down and my internal ALGO suggests there is a 75% chance XOM hits $89.13 near term.
     
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  13. Charles Noble

    Charles Noble Well-Known Member

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    Strong cases popping up here and there for $60 crude EOY. I'm a believer, so XOM is on my buy list at this price
     
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  14. Stockaholic

    Stockaholic Content Manager

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    Exxon Mobil shares slide 3% as oil giant's fourth-quarter earnings fall short
    Exxon Mobil on Friday reported adjusted quarterly profits that fell far short of Wall Street estimates, though the oil giant posted its strongest annual earnings since 2014.

    Shares of Exxon were down about 3 percent at $86.40 in premarket trading.

    The Irving, Texas-based company reported fourth-quarter earnings of 88 cents a share, excluding the impacts of U.S. tax reform and impairments. Analysts had expected earnings of $1.04 a share.

    "The impact of tax reform on our earnings reflects the magnitude of our historic investment in the U.S. and strengthens our commitment to further grow our business here," Chairman and CEO Darren Woods said in a statement.

    "We're planning to invest over $50 billion in the U.S. over the next five years to increase production of profitable volumes and enhance our integrated portfolio, which is supported by the improved business climate created by tax reform."

    The company saw corporate and financing expenses rise by $3 billion, mostly due to "unfavorable impacts" of $2.1 billion from U.S. tax reform.

    Exxon's revenues came in at $66.52 billion, also missing estimates for $74.31 billion in sales.

    In the year-earlier period, Exxon earned 90 cents per share, excluding a $2 billion charge, on $61.02 billion in revenues.

    For the full year, Exxon reported profits of $19.71 billion, its highest annual earnings since the start of an oil price slide in 2014, when it earned $32.52 billion.

    Cash flow from operations — a key metric of financial health in the oil industry — came in at $7.4 billion for the quarter, matching the year-earlier period.

    Earnings from Exxon's upstream segment, which explores for and produces oil and natural gas, rose $9 billion from a year earlier. Production of fossil fuels was down about 130,000 barrels a day during the period.

    Fourth-quarter profits in Exxon's downstream sector, which is focused on refining crude oil into fuels like gasoline, also rose $323 million from a year earlier.

    The chemicals business earned $1.3 billion, up $398 million from a year earlier.

    Exxon Mobil on Wednesday announced it would leave its quarterly dividend unchanged at 77 cents per share.

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  15. StockJock-e

    StockJock-e Brew Master
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    This is probably one of the worst hit names in the sector.

    Failing to get a bounce here , close to 52 wk lows
     
  16. fireopal

    fireopal Well-Known Member

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    wasn't sure how this (tues) morning was gonna go so had it on my list as one that might give me something but was downgraded so went to next one on list lol
     
  17. StockJock-e

    StockJock-e Brew Master
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    Nice move here, completing a U shaped bottom
     
  18. KyleLennon

    KyleLennon Member

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    Exxon is the highest-quality integrated oil overall (operating and assets) and that its downstream and chemicals segments are key differentiators. So it stands to reason that it should invest to maximize those advantages. However, integrated oils have a spotty record of delivering on long-dated volume and return targets.
     
  19. StockJock-e

    StockJock-e Brew Master
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    XOM and related oil stocks lifting the markets
     
  20. TomB16

    TomB16 Well-Known Member

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    Exxon dropped from the Dow Jones Industrial Average.
     

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