Is XOM Stock A Good Buy?

by | Last updated on January 24, 2024

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In short, ExxonMobil reported

very strong Q2 results

, capping a very good first half of 2021. However, the market has not responded favorably to its Q2 performance, as its share price has slipped slightly since the news was released. … ExxonMobil, like all energy companies, is still dealing with the pandemic.

Is XOM a buy hold or sell?

Exxon Mobil has received a

consensus rating of Hold

. The company’s average rating score is 2.32, and is based on 6 buy ratings, 14 hold ratings, and 1 sell rating.

Who is buying XOM stock?


BP

sold 186,205 Microsoft shares to end the quarter with 524,975 shares. The energy giant bought 178,852 additional Exxon shares to end June with 315,118 shares. Exxon stock rocketed 53% in the first half, and so far in the third quarter it has slipped 10%.

Is XOM a safe buy?

Exxon Mobil has been named

to the Dividend Channel ”S.A.F.E.

… According to the ETF Finder at ETF Channel, Exxon Mobil is a member of the iShares S&P 1500 Index ETF, and is also an underlying holding representing 2.55% of the SPDR S&P Dividend ETF, which holds $503,351,692 worth of XOM shares.

Is XOM a good long term stock?

The company has $63.3 billion in net debt and managed to use excess 1Q cash flow to pay down $4 billion in debt. … That’s a 13% cash flow yield can be used to pay down debt, share buybacks, or other rewards. All of this makes Exxon Mobil

a valuable long-term investment for shareholders

.

Is Exxon undervalued?

Exxon Mobil (NYSE:XOM) stock looks like

it is significantly undervalued at today’s price

. … Oil and gas prices have been on the rise in the past year, especially as world economic growth has been gaining steam. Moreover, analysts expect earnings per share (EPS) to reach $3.87 this year, according to Yahoo!

What dividend does ExxonMobil pay?

2021 2020 2nd Quarter $0.87 $0.87 3rd Quarter $0.87 $0.87 4th Quarter — $0.87 Total

$2.61


$3.48

Is CVX stock a buy or sell?

Bottom line:

Chevron stock is not a buy

. Investors looking for more stocks to buy can find companies with stronger, more consistent earnings growth and better stock technicals.

Is BP stock a buy or sell?

There are currently 2 sell ratings, 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should

“hold” BP stock

.

Is cop stock a buy?

There are currently 1 hold rating, 17 buy ratings and

1 strong buy rating

for the stock. The consensus among Wall Street research analysts is that investors should “buy” ConocoPhillips stock.

Can you still buy Exxon stock?

The good news is that unlike back in the days,

today you can buy shares in companies like Exxon Mobil fully online

. While we do not specifically advise to buy Exxon Mobil shares, this article explains in layman’s terms how you can buy shares in companies in general, taking Exxon Mobil as an example.

How high will Chevron stock go?

The 26 analysts offering 12-month price forecasts for Chevron Corp have a median target of 124.00, with a

high estimate of 155.00

and a low estimate of 105.00.

Is XOM dividend at risk?

We’re maintaining our $74 fair value estimate and narrow moat rating. It expects to be at the lower end of the range in 2021, which, along with the dividend, should be covered with operating cash flow at about $45/bbl, assuming continued poor downstream and chemical margins. …

Will Exxon Mobil continue to pay dividends?


Exxon Mobil Will Keep Paying Its Dividend

, And May Be Worth 30% More. Exxon Mobil Corp. (NYSE:XOM) is not going to lower its dividend no matter what it costs the company. That point came out loud and clear from the company’s latest earnings conference call.

Is now a good time to invest in oil?


Yes

, it is time to buy oil

In October 2020, the International Energy Agency (IEA) stated that growth in oil demand is likely to end by 2030 and then flatline. … So sticking with large, financially strong oil companies with diversified businesses is probably the best call for most investors.

How often are Exxon dividends paid?

In other words, investors can purchase Exxon Mobil’s shares before the 12th of August in order to be eligible for the dividend, which will be paid

on the 10th of September

. The company’s next dividend payment will be US$0.87 per share, on the back of last year when the company paid a total of US$3.48 to shareholders.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.