Media coverage about Exxon Mobil (NYSE:XOM) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Exxon Mobil earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 45.3175399809001 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
- The Math Shows SPYD Can Go To $41 – Nasdaq (nasdaq.com)
- Debating The Permanence Of The Permian Shale Boom (finance.yahoo.com)
- Share Buybacks Work Better in Theory Than in Practice (finance.yahoo.com)
- Three Oil Majors Grapple With How to Spend It (finance.yahoo.com)
- Chevron Phillips Chemical starts up Baytown ethane cracker (finance.yahoo.com)
A number of research analysts recently weighed in on the stock. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $82.00 target price (down previously from $87.00) on shares of Exxon Mobil in a research report on Thursday. Royal Bank of Canada set a $90.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $83.00 target price on shares of Exxon Mobil in a research report on Thursday. Citigroup reaffirmed a “neutral” rating and issued a $81.00 target price (down previously from $84.00) on shares of Exxon Mobil in a research report on Thursday. Finally, Bank of America set a $100.00 target price on shares of Exxon Mobil and gave the company a “buy” rating in a research report on Wednesday, March 7th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $86.37.
Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). The company had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. Exxon Mobil had a return on equity of 8.00% and a net margin of 7.61%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 EPS. equities analysts anticipate that Exxon Mobil will post 4.81 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Monday, February 12th were paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date was Friday, February 9th. Exxon Mobil’s dividend payout ratio is presently 95.36%.
In other news, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the sale, the vice president now owns 291,385 shares in the company, valued at approximately $24,199,524.25. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.08% of the company’s stock.
Exxon Mobil Company Profile
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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