Exxon MobilXOM
About: ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Employees: 61,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
127% more repeat investments, than reductions
Existing positions increased: 2,246 | Existing positions reduced: 991
83% more first-time investments, than exits
New positions opened: 253 | Existing positions closed: 138
33% more call options, than puts
Call options by funds: $6.01B | Put options by funds: $4.52B
13% more capital invested
Capital invested by funds: $290B [Q1] → $328B (+$37.5B) [Q2]
4% more funds holding in top 10
Funds holding in top 10: 266 [Q1] → 276 (+10) [Q2]
3% more funds holding
Funds holding: 3,710 [Q1] → 3,825 (+115) [Q2]
0.06% more ownership
Funds ownership: 63.19% [Q1] → 63.25% (+0.06%) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Scotiabank Paul Cheng 8% 1-year accuracy 3 / 36 met price target | 17%upside $145 | Sector Outperform Upgraded | 10 Oct 2024 |
Exane BNP Paribas Lucas Herrmann 0 / 0 met price target | 15%downside $105 | Underperform Downgraded | 9 Oct 2024 |
RBC Capital Biraj Borkhataria 20% 1-year accuracy 1 / 5 met price target | 3%downside $120 | Sector Perform Reiterated | 8 Oct 2024 |
BMO Capital Phillip Jungwirth 6% 1-year accuracy 1 / 16 met price target | 5%upside $130 | Market Perform Maintained | 4 Oct 2024 |
Barclays Betty Jiang 43% 1-year accuracy 9 / 21 met price target | 11%upside $137 | Overweight Maintained | 3 Oct 2024 |
Financial journalist opinion
Based on 99 articles about XOM published over the past 30 days