Exxon Mobil Corporation (XOM)
ExxonMobil After Q4 Earnings: Should You Hold the Stock or Sell it?
In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major component in electric vehicle batteries.
Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
ExxonMobil Has Built a Juggernaut in the Oil Patch
ExxonMobil (XOM 0.24%) has built a premier oil company. The energy giant has an unrivaled asset base.
Exxon Enters the Electricity Business, Takes a Swipe at Nuclear
Exxon says it can compete with nuclear, because the gas power plants it intends to build would capture carbon emissions.
Exxon (XOM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Exxon (XOM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ExxonMobil Expands Guyana Oil Output, Eyes 2.3M BPD by 2030
XOM is ramping up oil production in Guyana. It aims to reach 2.3 million barrels per day by 2030 as it taps into 40 reservoirs in the Stabroek Block.
Exxon Mobil Is A Bet On The Growth Story
Exxon Mobil's strong 2024 performance includes 4.3 million barrels/day production, $34 billion GAAP earnings, and a 3.7% dividend yield, supporting long-term shareholder returns. The company's capital allocation strategy involves $10s of billions in projects starting in 2025, including CCS, LNG, and deepwater oil, driving diversified growth. Exxon Mobil plans 20% production growth by 2030, with substantial cost savings and cash flow increases, ensuring robust shareholder returns.
Exxon Mobil: Not The Place To Be If You Are 'Seeking Alpha'
Exxon Mobil's Q4 earnings slightly exceeded estimates, but the stock remains expensive with a low FCF yield, making share buybacks a poor use of capital. Despite operational achievements in Guyana and the Permian, XOM's stock performance has lagged, up only 2% in 18 months versus the S&P 500's 37%. Alternative investments in my "DIY Supermajor" comprised of Diamondback Energy, Devon Energy, Marathon Petroleum, and Phillips 66 have shown superior returns compared to XOM.
ExxonMobil Dominated Last Year, Delivering 1 of Its Best Performances of the Past 10 Years
ExxonMobil (XOM -2.50%) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance last year, producing over $33 billion in earnings and $55 billion in cash flow from operations.
Exxon Mobil Q4 Earnings: Patience Pays Off With A Reiteration Of A Strong Buy
Exxon Mobil's efficiency drive has resulted in a strong financial performance. CEO Darren Woods highlighted the company's unmatched value delivery of dividends, stock price appreciation, and share repurchases. The company's return on capital employed remained robust, justifying a premium valuation even in challenging times.
Exxon Mobil Corporation (XOM) Q4 2024 Earnings Call Transcript
Exxon Mobil Corporation (NYSE:XOM ) Q4 2024 Earnings Conference Call January 31, 2024 9:30 AM ET Corporate Participants Jim Chapman - Treasurer, and Vice President of Investor Relations Darren Woods - Chairman, and Chief Executive Officer Kathy Mikells - Senior Vice President, and Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs John Royall - JPMorgan Betty Jiang - Barclays Capital Devin McDermott - Morgan Stanley Doug Leggett - Wolfe Research Steve Richardson - Evercore ISI Jean Ann Salisbury - Bank of America Bob Brackett - Bernstein Research Neal Dingmann - Truist Securities Roger Read - Wells Fargo Paul Cheng - Scotiabank Ryan Todd - Piper Sandler Biraj Borkhataria - Royal Bank of Canada Jason Gabelman - TD Cowen Jim Chapman Good morning, everyone. Welcome to ExxonMobil's fourth quarter 2024 earnings call.
ExxonMobil's Profits Top Estimates on Highest Production in a Decade
ExxonMobil's profits topped analyst estimates despite lower revenue than expected for the fourth quarter as the oil and gas giant said its production in 2024 hit its highest level in over a decade.
