After several weeks of range-bound movement, shares in Exxon Mobil Corporation could enter into a new clear trend. The exit out of the current trading range could be the signal for a return of volatility.
Summary
● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Strengths
● Analyst opinion has improved significantly over the past four months.
● Over the past twelve months, analysts' opinions have been strongly revised upwards.
Weaknesses
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
● Revenue estimates are regularly revised downwards for the current and coming years.
● 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 (85.8% of net sales): 5.5 million barrels of oil products (diesel fuel, gasoline, fuel oil, lubricants, motor oils, etc.) sold per day in 2023;
- exploration and production of hydrocarbons (7.6%; worldwide leader): 2.4 million barrels of oil produced per day and 219.1 million m3 of natural gas produced per day;
- petrochemical (6.6%): primarily oils, aromas, alcohols, ethylene, elastomers, propylene, and polymers (19.4 Mt sold in 2023) for the pharmaceutical, cosmetic, textile, electrical, etc.
Net sales are distributed geographically as follows: the United States (38%), Canada (8.7%), the United Kingdom (7%), Singapore (4.6%), France (4.4%), Australia (3%), Belgium (2.9 %), Germany (2.8%) and other (28.6%).
EXXON MOBIL CORPORATION 
