XOM Stock Price Exxon Mobil Corp Stock Quote U.S.: NYSE

However, I think it would be prudent to wait for confirmation that this is not a false breakout. DotBig Simple chart here that makes a likely case for a downward directional trade.

• There have also been decreased refining and chemicals margins this quarter compared to Q2.
• MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
• To see all exchange delays and terms of use please see Barchart’s disclaimer.
• Meanwhile, the drop in prices for oil and other liquids, such as ethane and propane, is expected to result in a loss of $1.4 billion-$1.8 billion in those segments.
• ExxonMobil is committed to producing the energy and chemical products that are essential to modern life, economic development and improved standards of living.

Exxon Mobil has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Learn about our Group II/II+ EHC™ base stocks, designed to meet a wide spectrum of customer performance objectives Exxon Mobil stock and evolving industry requirements. Learn about our CORE™ and specialty Group I base stocks, designed to offer broad blending coverage with performance capabilities in applications ranging from engine oils to industrial and marine lubricant.

Amazon, Apple, and Other Hot Names Investors Are Watching

Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. To further protect the integrity of our editorial Exxon Mobil stock content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

In the past three months, Exxon Mobil insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $276,175.00 in company https://dotbig.com/markets/stocks/XOM/ stock. Based on earnings estimates, Exxon Mobil will have a dividend payout ratio of 32.71% next year. This indicates that Exxon Mobil will be able to sustain or increase its dividend.

Overall MarketRank™

MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. The most recent change in the company’s dividend was an increase of $0.03 on Thursday, October DotBig 27, 2022. Over the past three years, the company’s dividend has grown by an average of 2.61% per year. This chart shows that recently XOM reached an all time high price in what could be a breakout from a very long term channel.

Verify your identity, personalize the content you receive, or create and administer your account. One share of XOM stock can currently be purchased for approximately $113.87. 169 people have added Exxon Mobil to their MarketBeat watchlist in the last 30 days. This is an increase of 34% compared Exxon Mobil stock price today to the previous 30 days. 408 people have searched for XOM on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days. Short interest in Exxon Mobil has recently increased by 17.84%, indicating that investor sentiment is decreasing significantly.

Timeline

The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. Billions could be poured into exploration companies searching https://dotbig.com/markets/stocks/XOM/ for new U.S. deposits. Even as global production of Group II base oils increases, the need for Group I base oils remains strong due to their unique properties. Learn more in a Lubes’n’Greases magazine article featuring ExxonMobil Product Development Advisor, Tim Nadasdi.

Product Solutions consolidates the world’s largest integrated chemicals, fuels and lubricants company. The new business is focused on growing high-value products, improving competitiveness and leading in sustainability. ExxonMobil is committed to producing the energy and chemical products that are essential to modern life, economic development and improved standards of living. In doing this, we are also committed to protecting our people, the environment and the well-being of communities where we operate. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more. Other than a brief dip around September 2015, when XOM stock price price descended to $70 per share, Exxon Mobil stock price continues to rise.

Product Solutions Company

Exxon Mobil stock surged Wednesday after it signaled natural gas prices would support already strong third-quarter expectations. Despite steep growth estimates, the energy giant projects it will not match its record profits from Q2 as oil prices have retreated along with refining and chemical segment profits. 20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" XOM shares.

These products and services are usually sold through license agreements or subscriptions. Our investment management DotBig business generates asset-based fees, which are calculated as a percentage of assets under management.

However, the earnings preview showed Exxon’s natural gas segment bolstered by rising prices during the third quarter. In August, U.S. natural gas futures hit 14-year highs, topping $10 per million British thermal units . Exxon expects natural gas price strength to lead to a segment gain of $1.8 billion to $2.2 billion in Q3. The company’s average rating score is 2.65, and is based on 13 buy ratings, 7 hold ratings, and no sell ratings. The Product Solutions Company will engineer, manufacture and deliver products needed by modern society at an industry-leading scale, serving multiple segments, products and markets.

Yellow arrow mark major tops which also line up with RSI over 70 and directional movement peaks. Directional movement is a less popular volume indicator, but it has saved me many times on a 5m chart from… XOM is back to 100$, last time being there when crude was above 110$ a barrel. A great https://dotbig.com/ short covering, along with confluence of multiple trend lines makes this a great short opportunity. The benchmark Crude WTI is down 1.61% to $88.55 today at 5.30 a.m. In sync with the broader markets across the globe turning lower after a fourth consecutive rate hike by the Federal Reserve.