In recent trading session, Exxon Mobil Corp. (NYSE:XOM) saw 2.61 million shares changing hands at last check today with its beta currently measuring 0.95. Company’s recent per share price level of $112.99 trading at -$0.5 or -0.44% at last check today assigns it a market valuation of $448.33B. That most recent trading price of XOM’s stock is at a discount of -6.82% from its 52-week high price of $120.70 and is indicating a premium of 15.24% from its 52-week low price of $95.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 18.9 million shares which gives us an average trading volume of 18.59 million if we extend that period to 3-months.
Exxon Mobil Corp. (NYSE:XOM) trade information
Upright in the red during last session for losing -0.44%, in the last five days XOM remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $112.99 price level, adding 0.81% to its value on the day. Exxon Mobil Corp.’s shares saw a change of 13.01% in year-to-date performance and have moved 1.55% in past 5-day. Exxon Mobil Corp. (NYSE:XOM) showed a performance of 7.86% in past 30-days. Number of shares sold short was 106.45 million shares which calculate 5.81 days to cover the short interests.
Exxon Mobil Corp. (XOM) estimates and forecasts
Statistics highlight that Exxon Mobil Corp. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -1.54% of value to its shares in past 6 months, showing an annual growth rate of -4.31% while that of industry is 0.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -25.10% in the current quarter and calculating 12.90% increase in the next quarter. This year revenue growth is estimated to fall -3.70% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $80.2 billion for the same. And 7 analysts are in estimates of company making revenue of $82.69 billion in the next quarter that will end on Jun 2024. Company posted $86.56 billion and $82.91 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -7.40% while estimating it to be -0.30% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 12.74% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.35% while estimates for its earnings growth in next 5 years are of -2.00%.
XOM Dividends
Exxon Mobil Corp. is more likely to be releasing its next quarterly report on April 03 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Exxon Mobil Corp. (NYSE:XOM)’s Major holders
Insiders are in possession of 0.06% of company’s total shares while institution are holding 62.89 percent of that, with stock having share float percentage of 62.93%. Investors also watch the number of corporate investors in a company very closely, which is 62.89% institutions for Exxon Mobil Corp. that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at XOM for having 388.54 million shares of worth $43.92 billion. And as of Dec 30, 2023, it was holding 9.79% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 272.51 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 6.87% of outstanding shares, having a total worth of $30.8 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 125.73 million shares of worth $14.21 billion or 3.17% of the total outstanding shares. The later fund manager was in possession of 97.85 million shares on Dec 30, 2023, making its stake of worth around $11.06 billion in the company or a holder of 2.47% of company’s stock.
