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XOM / Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump

Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump
Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer Natural Resources raises concerns about focusing on non-organic growth and shifts focus away from the energy transition. Exxon Mobil stock is expensive at 12x EPS run rate, with the risk of lower oil prices apparently not factored into the stock price. Read More
Posted: Oct 27 2023, 16:26
Author Name: Seeking Alpha
Views: 112155

XOM News  

Why ExxonMobil Stock Crushed the Market on Thursday

By The Motley Fool
November 2, 2023

Why ExxonMobil Stock Crushed the Market on Thursday

A large competitor boosted the amount of its share repurchase program. This reflected the generally robust health of the oil and gas industry. more_horizontal

Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock

By Zacks Investment Research
October 31, 2023

Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock

Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. more_horizontal

XOM Stock Buy Alert: Jump On This Generational Energy Opportunity

By InvestorPlace
October 31, 2023

XOM Stock Buy Alert: Jump On This Generational Energy Opportunity

It was only a few weeks ago when Exxon Mobil (NYSE: XOM ) agreed to acquire shale oil driller Pioneer Natural Resources (NYSE: PXD ). With that, Exxon more_horizontal

ExxonMobil Is Cashing In on Higher Crude Oil Prices

By The Motley Fool
October 29, 2023

ExxonMobil Is Cashing In on Higher Crude Oil Prices

Higher oil prices provided a big boost to Exxon's third-quarter earnings and free cash flow. The company's strong and growing free cash flow enabled i more_horizontal

Exxon Mobil: Why This Dividend Zombie Deserves A Look

By Seeking Alpha
October 28, 2023

Exxon Mobil: Why This Dividend Zombie Deserves A Look

Exxon Mobil is a dividend zombie, having paid uninterrupted dividends for 141 years. Despite missing Q3 earnings estimates, Exxon Mobil's share price more_horizontal

Exxon restarts coker at Baton Rouge, Louisiana refinery -sources

By Reuters
October 27, 2023

Exxon restarts coker at Baton Rouge, Louisiana refinery -sources

ExxonMobil restarted the coker on Thursday night at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana refinery, people familiar with plant opera more_horizontal

Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump

By Seeking Alpha
October 27, 2023

Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump

Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer more_horizontal

Oil slide hits Exxon Mobil profits

By Fox Business
October 27, 2023

Oil slide hits Exxon Mobil profits

Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retre more_horizontal


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