Media coverage about Exxon Mobil (NYSE:XOM) has been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Exxon Mobil earned a media sentiment score of 1.77 on their scale. InfoTrie also assigned media headlines about the oil and gas company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Exxon Mobil’s score:
- Stocks – J&J Tumbles Premarket; American Outdoor Brands, Exxon Mobil Rise (finance.yahoo.com)
- Cisco, Exxon Mobil share gains contribute to Dow’s 170-point jump (marketwatch.com)
- BRIEF-Exxon Weighs Sale Of Malaysian Offshore Assets – Bloomberg, Citing Sources (sg.news.yahoo.com)
- Exxon Mobil considers sale of Malaysian offshore assets for up to $3 billion: Bloomberg (finance.yahoo.com)
- UPDATE 1-Exxon Mobil considers sale of Malaysian offshore assets for up to $3 bln – Bloomberg (sg.news.yahoo.com)
Shares of NYSE:XOM traded up $0.78 during midday trading on Wednesday, reaching $67.48. The company’s stock had a trading volume of 3,262,829 shares, compared to its average volume of 11,486,186. The firm has a market capitalization of $291.82 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 2.02 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.47 and a current ratio of 0.74. The firm has a 50 day moving average price of $70.11 and a two-hundred day moving average price of $74.85. Exxon Mobil has a fifty-two week low of $64.65 and a fifty-two week high of $86.88.
Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The company had revenue of $69.09 billion for the quarter, compared to the consensus estimate of $64.47 billion. Exxon Mobil had a return on equity of 9.16% and a net margin of 6.30%. The firm’s revenue was down 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 EPS. As a group, research analysts anticipate that Exxon Mobil will post 3.11 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 13th were paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date of this dividend was Monday, August 12th. Exxon Mobil’s dividend payout ratio is 70.59%.
Several research analysts have commented on the company. Berenberg Bank cut their target price on Exxon Mobil from $73.00 to $63.00 and set a “hold” rating on the stock in a report on Monday. Credit Suisse Group set a $74.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a report on Friday, August 2nd. DZ Bank raised Exxon Mobil from a “sell” rating to a “hold” rating and cut their target price for the stock from $72.00 to $70.00 in a report on Tuesday, August 6th. Barclays assumed coverage on Exxon Mobil in a report on Monday, August 19th. They set an “equal weight” rating and a $73.00 target price on the stock. Finally, BMO Capital Markets assumed coverage on Exxon Mobil in a report on Tuesday, August 20th. They set a “market perform” rating and a $86.00 target price on the stock. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $80.52.
In other news, VP Robert N. Schleckser sold 9,345 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $70.84, for a total value of $661,999.80. Following the transaction, the vice president now directly owns 189,800 shares of the company’s stock, valued at approximately $13,445,432. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is owned by insiders.
About Exxon Mobil
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.
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