[at Motley Fool] – While Chevron and Exxon continue to suffer from poor refining results, one of their peers is performing much better thanks to spinning off its refining unit.
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Exxon Mobil Corporation (XOM), valued at $398.08B, started the session at $90.00.
Looking at the equity, the company’s one day range is $90.00 to $91.15 with a one year range of $84.70 to $95.49.
XOM shares are currently priced at 11.86x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 12.09x earnings multiple for the same period.
The company pays shareholders $2.52 per share annually in dividends, yielding 2.80%.
According to a consensus of 20 analysts, the earnings estimate of $1.98 per share would be $0.22 worse than the year-ago quarter and a $0.03 sequential increase. Investors should also note that the full-year EPS estimate of $7.49 is a $0.58 setback when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $110.79 Billion. If reported, that would be a 3.80% decrease over the year-ago quarter.
More recently, Oppenheimer downgraded XOM from Outperform to Perform (Apr 2, 2013). Previously, Dahlman Rose Initiated XOM at to Buy.
Investors should keep in mind is that the average price target is $95.57, which is 6.19% above where the stock opened this morning.
Exxon Mobil Corporation (NYSE:XOM), engages in the exploration and production of crude oil and natural gas and manufacture of petroleum products. The company also transports and sells crude oil, natural gas and petroleum products.
Tag Helper ~ Stock Code: XOM | Common Company name: Exxon | Full Company name: Exxon Mobil Corporation (NYSE:XOM) .
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