Exxon Mobil Stock Buy or Sell? XOM Stocks Forecast

Market Capitalization: 458 208 346 000 $
EBITDA: 83 739 001 000 $
Price to Earnings: 9.2
Quarterly Earnings Growth YOY: -0.54
Quarterly Revenue Growth YOY: -0.272
Trailing PE: 9.2
Forward PE: 9.08
Shares Outstanding: 3986500000

Exxon Mobil Stock Buy or Sell? XOM Stocks Analytic Forecasts

September 27, 2023 (20:12)

Exxon Mobil Corp. (XOM) Sector: Energy

We present you the most up-to-date and complete review of analytical trend forecasts and views on the XOM stock market. Experts share their opinions on what to expect from the Exxon Mobil Corp. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Exxon Mobil stocks.

Exxon Mobil Corp. Stock Market Experts’ Analysis and Forecasting – Sell or Buy XOM Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of UFD Capital and is titled

“Exxon Mobil: The Best Buy In Energy”

is published on September 25 (2023) and has 2 likes. The review predicts Bullish market trend.

It summarize the following theses:

  • Exxon Mobil is a buy regardless of short-term oil price fluctuations due to its strong earnings prospects and rapidly diversifying business.
  • Structural factors suggest that oil prices will trend higher over the long-term, even if demand peaks soon.
  • Exxon has a de-risked balance sheet, multiple growth catalysts, and the ability to use their massive free cash flow to transition towards renewables.
  • We believe that Exxon is trading at an attractive valuation and represents the best buy in energy.

The author starts his analytic review with the following:

Thesis Exxon Mobil (NYSE:XOM) is generating massive amounts of free cash flow. They have done a lot of deleveraging over the past few years and currently have a pristine balance sheet. The company is focused on diversifying their business and has multiple growth catalysts. Management has implemented a robust capital return plan. For these reasons, Exxon Mobil is a buy regardless of where the price of oil goes in the short-term.

UFD Capital has already 1213 followers,
which shows, he is the one who cares for his words. UFD Capital has 87 works published.
The contributor of experts community since 2022

One more noteworthy article is written by Mott Capital Management under the title

“Exxon Mobil Stock May Be Heading To All-Time High”

on September 22 (2023) and has 2 likes. The expert reflects trend of the market.

Нis theses make you think about whether to add XOM stocks to your investment portfolio or not, and helps to work out your own Exxon Mobil stock selling strategies:

  • Exxon Mobil Corporation shares could rise if crude oil prices continue to increase, with a potential 3 million barrel per day shortage predicted next quarter.
  • Analysts have been increasing earnings estimates for Exxon in 2023 and 2024, indicating a positive outlook for the company.
  • An options trader is betting on Exxon’s stock to rise to $130 or higher, potentially reaching a new all-time high.

Mott Capital Management starts analysis with such words:

Exxon Mobil Corporation (NYSE:XOM) shares could be heading higher, which could be the case if crude oil prices (CL1:COM) keep rising. Certainly, Saudi Arabia and Russia have been playing their part in raising oil prices by cutting back on production. Meanwhile, OPEC oil Bloomberg suggests there could be as much as a 3 million barrel per day shortage next quarter – the most significant deficit in a decade.

This author is very popular among the auditory. He has 35532 followers

Mott Capital Management is the contributor of experts community since 2014. Has published at least 1000 articles.

Another analysis presented by Daniel Jones came out on September 22 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for XOM stocks. It sounds like

“Exxon Mobil: A Massive Undertaking”

Article has got 0 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the Exxon Mobil Corp., the expert says the following:

  • Exxon Mobil has unveiled an ambitious plan to triple the earnings potential of its Product Solutions business by 2027.
  • The plan includes strategic projects, cost reductions, and performance improvements that could generate $10 billion in extra annual earnings.
  • However, the volatile nature of the industry means that financial performance may still be unpredictable, and the $10 billion improvement figure should not be taken for granted.

And here, what comes first:

On September 20th, the management team at energy behemoth Exxon Mobil (NYSE:XOM) revealed a rather detailed and ambitious plan that they believe will result in significant value creation for the company and, in turn, its shareholders, between now and 2027. At first glance, this strategy looks awfully appealing. The fact of the matter is that management likely does have an avenue that it can take in order to significantly improve operations from a cost perspective and a revenue perspective. But when you dig deeper into what the data says, it does become clear that this is not some panacea for the parties involved.

This author is very popular among the auditory. He has 28578 followers.

Daniel Jones is the contributor of experts community since 2014 and has at least 4028 analytic reviews published.

The Share Price of Exxon Mobil Corp. (XOM) for now

What analysts predict: $123.62
52-week high/low: $118.84 / $81.19

50/200 Day Moving Average: $109.35 / $109.26

The average stock price over the previous 50/200 days. For Exxon Mobil stocks, the 50-day moving average is the resistance level for now. For XOM stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for XOM stock with charts and tables

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