Now trading at a price of $112.39, Exxon Mobil has moved 0.1% so far today.
Exxon Mobil returned losses of -6.5% last year, with its stock price reaching a high of $123.21 and a low of $97.8. Over the same period, the stock underperformed the S&P 500 index by -20.4%. AThe company's 50-day average price was $111.67. Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States, Guyana, Canada, the United Kingdom, Singapore, France, and internationally. Based in Spring, TX, the Large-Cap Energy company has 61,000 full time employees. Exxon Mobil has offered a 3.5% dividend yield over the last 12 months.
Growing Revenues but an Average Current Ratio:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $264,938 | $181,502 | $285,640 | $413,680 | $344,582 | $349,585 |
| Operating Margins | 8% | -16% | 11% | 19% | 15% | 14% |
| Net Margins | 5% | -12% | 8% | 13% | 10% | 10% |
| Net Income (M) | $14,340 | -$22,440 | $23,040 | $55,740 | $36,010 | $33,680 |
| Net Interest Expense (M) | $830 | $1,158 | $947 | $798 | $849 | $996 |
| Depreciation & Amort. (M) | $18,998 | $46,009 | $20,607 | $24,040 | $20,641 | $23,442 |
| Diluted Shares (M) | 4,235 | 4,232 | 4,233 | 4,234 | 4,071 | 3,968 |
| Earnings Per Share | $3.36 | -$5.25 | $5.39 | $13.26 | $8.89 | $7.84 |
| EPS Growth | n/a | -256.25% | 202.67% | 146.01% | -32.96% | -11.81% |
| Avg. Price | $59.44 | $38.01 | $53.43 | $80.54 | $99.98 | $112.24 |
| P/E Ratio | 17.69 | -7.24 | 9.91 | 6.07 | 11.25 | 14.32 |
| Free Cash Flow (M) | $5,355 | -$2,614 | $36,053 | $58,390 | $33,450 | $30,716 |
| CAPEX (M) | $24,361 | $17,282 | $12,076 | $18,407 | $21,919 | $24,306 |
| EV / EBITDA | 7.57 | 13.09 | 5.15 | 3.46 | 5.68 | 6.42 |
| Total Debt (M) | $46,920 | $67,640 | $47,704 | $41,193 | $41,573 | $41,710 |
| Net Debt / EBITDA | 1.12 | 3.69 | 0.79 | 0.11 | 0.14 | 0.26 |
| Current Ratio | 0.78 | 0.8 | 1.04 | 1.41 | 1.48 | 1.31 |
Exxon Mobil benefits from growing revenues and increasing reinvestment in the business, generally positive cash flows, and decent operating margins with a positive growth rate. The company's financial statements show a strong EPS growth trend and healthy leverage levels. Furthermore, Exxon Mobil has just enough current assets to cover current liabilities, as shown by its current ratio of 1.31.
Exxon Mobil Is Fairly Priced at Current Levels:
Exxon Mobil has a trailing twelve month P/E ratio of 15.9, compared to an average of 18.35 for the Energy sector. Based on its EPS guidance of $7.87, the company has a forward P/E ratio of 14.2. The 12.9% compound average growth rate of Exxon Mobil's historical and projected earnings per share yields a PEG ratio of 1.23. This implies that the shares are fairly valued. In contrast, Exxon Mobil is likely overvalued compared to the book value of its equity, since its P/B ratio of 1.82 is higher than the sector average of 1.6. The company's shares are currently trading 3.8% below their Graham number.
Exxon Mobil Has an Analyst Consensus of Some Upside Potential:
The 26 analysts following Exxon Mobil have set target prices ranging from $105.0 to $156.0 per share, for an average of $126.16 with a buy rating. The company is trading -10.9% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Exxon Mobil has a very low short interest because 1.0% of the company's shares are sold short. Institutions own 66.6% of the company's shares, and the insider ownership rate stands at 0.07%, suggesting a small amount of insider investors. The largest shareholder is Vanguard Group Inc, whose 10% stake in the company is worth $48,448,860,808.
