ExxonMobil’s profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts. The company earned $7.9 billion, or $1.94 a share, down 56% from a year earlier. Analysts surveyed by... — read more
I generally want to invest in a major oil company long term. After much thinking 3 companies made my shortlist ExxonMobil, Chevron and Shell. A-s of today ExxonMobil sits at 105 USD Chevron sits at 163 USD Shell sits at 63 USD What is a... — read more
It's undeniable that XOM dominates the industry right now. You gotta get into it to grab a piece of the pie.
I’m thinking of putting in about 10.000 dollars into XOM. It looks stable enough to me. My plan is to gather the dividend money and reinvest it into new XOM shares. I know the market is tough to predict, and I know this strategy takes a long time to... — read more
I think this is a good time to buy.
What I just said. People always complain about XOM. Look at it. It's perfect.
I was hoping to get some tips on good dividend stocks with which I could replace XOM in my portfolio. To be more precise, I am looking for alternatives outside the O&G industry. I figure things could get bumpy in this sector in the years that follow... — read more
Some analysts advocate this stock even though it continues to act poorly. They base their position on predictions that supply imbalances caused by production cuts from OPEC and a recovering Asia Pacific economy will probably remain stagnant for... — read more
Exxon Mobil posted a $56bn profit for 2022, the company said on Tuesday, taking home about $6.3m an hour last year, and setting not only a company record but a historic high for the western oil... — read more
I like the direction XOM is heading and it'll be interesting to see how high it'll go. I have no intention of selling even if it dips again as it did during the early pandemic years, but something tells me I don't have anything to worry about. This... — read more
I think the O&G sector is out of the woods and that better times are coming. With that in mind, I want to invest in an O&G company. XOM looks good to me but it is too expensive for me at 109 dollars where it sits today. Can anyone suggest a cheaper... — read more
Without going into much detail things look like this to me: Chevron seems to have reached its peak for now,while XOM has a great momentum at this moment and has a good potential to provide a significant rise in value in a relatively short amount of... — read more
If we look at the last few years, the rate of dividends increase has gone down. I don't like that at all. What will happen in the coming years? Will the growth rate fall even more? I like this stock, but I would also like to see the dividend... — read more
I’m reading in the media these days that XOM now ranks as the third biggest generator of free cash flow on th S&P 500 index, trailing only behind Alphabet and Apple. The Oil prices are looking good and the company's business numbers seem to b e... — read more
Even with oil prices going down there's little doubt that XOM is going to continue to deliver. Yes, it was better to buy before the stock rose to nearly $100 again but I believe it is still a good investment even at this price. This and CVX are my... — read more
I am glad that I was wise enough to buy XOm when it took a dive in 2020. Thought that I would hold on to this stock for a long time, or at least that was my plan at the moment. Now, in these strange times, and even though the XOm stock is doing... — read more
Excellent results from XOM, which is turning out to be a great source of positive surprises for me. For a while, I was worried about its debt being a problem, but the company has proven once and for all that it is more than capable of managing it... — read more
I understand that most people who buy XOM buy it to be a long time part of their portfolio, but if there was a time not to buy that time is now. Even though the oil prices are good, it didn’t take more that a few days of the Russian-Ukrainian... — read more
The two things that I like to see a company do to show that it is confident about its future are raising its dividend and initiating share buybacks. XOM, which has been on the rise in the past few months, has done both of those things, which makes me... — read more
The current political climate is not good for O&G companies and taking into account the several recent incidents considering EM specifically, I'd say the stock's prospects don't look good. If you're brave I guess you can continue to hold and hope... — read more
That’s the thought that keeps crossing my mind more and more lately. I have a substantial amount of XOM shares in my portfolio which I bought in early 2020. I was planning to hold on to it for a while, given that at the time I was under the... — read more
A drop from to $52... To some extent I expected that to happen, with new Covid outbreaks combined with a strengthening U.S. dollar and oil price collapse. However, some believe that the price of this stock is not directly tied to the price of WTI. I... — read more
I held some XOM already, and when the stock dropped in September I decided to increase my stake. It was a calculated risk on my part and it paid off. The stock has rallied and I'm very happy with how my portfolio looks currently. I'm even considering... — read more
If you're fearful of taking on a stock like XOM due to the company's "uncertain" future, I understand. I get it. I really do. You're being careful and that's smart but in my view, XOM is a "hidden" gem. I hold it for the dividend, for example, but in... — read more
I think it is more important to reduce debt
Not bad at all, it's the same as the previous quarter and I anticipate that it will grow... Not too shabby at all...
I’ve picked up some XOM shares at the beginning of February. I figured that the demand for oil should spike during the summer and as we are getting out of the pandemic, so I thought that this was a good enough reason for the price to rise. What... — read more
As a shareholder I certainly appreciate Exxon’s determination to maintain its dividend but to a certain point. When that determination starts causing downgrades and affecting the stock price, then it might be time to reconsider. The debt is getting... — read more
Is XOM in the mid $50 still a pretty good buy?
I’ve been holding onto XOM hoping it’ll pick up once again but I’m starting to worry this stock is doomed and I should just sell at a loss. I can understand the market-crash loss but it’s had plenty of time to recover since then and it hasn’t. I just... — read more