Exxon Mobil Corp. Stock Price and Quote (2024)

FAQs

What is the prediction for Exxon stock? ›

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 132.94, with a low estimate of 110 and a high estimate of 152. The average target predicts an increase of 20.03% from the current stock price of 110.76.

Exxon Mobil has a consensus rating of Moderate Buy which is based on 10 buy ratings, 5 hold ratings and 0 sell ratings. The average price target for Exxon Mobil is $135.40. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

The Exxon 52-week high stock price is 123.75, which is 13.1% above the current share price.

Will Exxon stock ever split? ExxonMobil last split its stock in 2001. As of mid-2023, the oil giant hadn't declared an upcoming stock split. While it's possible the company will split its stock again, it's unclear when or if that will occur.

The Corporation declared a second-quarter dividend of $0.95 per share, payable on June 10, 2024, to shareholders of record of Common Stock at the close of business on May 15, 2024.

Zacks analysts also rate Exxon Mobil as financially stable and potentially undervalued, making it a strong buy for long-term income investors. The company is a dividend aristocrat, having increased its annual dividend payments for the last 42 years.

With oil prices up so far in 2024, energy stocks regained some momentum in recent months. This is contrasts with 2023, when S&P 500 energy stocks produced a narrowly negative return, while the broad S&P 500 gained more than 26%. Investors appear to see greater value in energy holdings this year.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.55 to $9.70 per share. XOM boasts an average earnings surprise of 3.1%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, XOM should be on investors' short list.

Exxon Mobil stock fell Friday as the company's profits came under pressure from declining refining margins and a collapse in natural gas prices.

Exxon announced its merger with Pioneer in October, designating it as an all-stock transaction valued at $59.5 billion, or $253 per share, based on Exxon's closing stock price on Oct. 5.

Should I buy Exxon stock today? ›

Out of 13 analysts, 8 (61.54%) are recommending XOM as a Strong Buy, 0 (0%) are recommending XOM as a Buy, 5 (38.46%) are recommending XOM as a Hold, 0 (0%) are recommending XOM as a Sell, and 0 (0%) are recommending XOM as a Strong Sell. If you're new to stock investing, here's how to buy Exxon Mobil stock.

ExxonMobil sold nearly 5.2 million barrels of petroleum other energy products per day in 2023.