Exxon Mobil Corporation: Back on the support level
Published on 09/05/2024
at 09:41 am EDT
Share
BUY
Stop-loss triggered
Entry price
Target
Stop-loss
Potential
$115.07
$122.2
$110.15
+6.2%
The fact that share price is returning to the lower bounds of the trading range offers a good timing to enter into new long positions in Exxon Mobil Corporation.
Summary
● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Strengths
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
Weaknesses
● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● The company's earnings growth outlook lacks momentum and is a weakness.
● For the last few months, analysts have been revising downwards their earnings forecast.
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Exxon Mobil Corporation is an oil group organized around 3 areas of activity:
- refining and distribution (75.5% of net sales): 5.6 million barrels of oil products (diesel fuel, gasoline, fuel oil, lubricants, motor oils, etc.) sold per day in 2025;
- petrochemical (12.3%): primarily oils, aromas, alcohols, ethylene, elastomers, propylene, and polymers (21.3 Mt sold in 2025) for the pharmaceutical, cosmetic, textile, electrical, etc.
- exploration and production of hydrocarbons (12.2%; worldwide leader): 3.3 million barrels of oil produced per day and 239.1 million m3 of natural gas produced per day.
Net sales are distributed geographically as follows: the United States (42.5%), Canada (8.4%) and other (49.1%).
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
