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Added to YB: 2024-02-16

Pitch date: 2024-02-15

XOM [bullish]

Exxon Mobil Corporation

+21.34%

current return

Author Info

No bio for this author

Company Info

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States, Guyana, Canada, the United Kingdom, Singapore, France, and internationally.

Market Cap

$504.1B

Pitch Price

$97.92

Price Target

158.00 (+33%)

Dividend

3.45%

EV/EBITDA

7.58

P/E

17.36

EV/Sales

1.66

Sector

Oil, Gas and Consumable Fuels

Category

growth

Show full summary:
Exxon Mobil: Raising Price Target On Strong 2023 And Pioneer Deal

XOM top pick: Strong execution, Pioneer deal. FY23: $36B earnings (+40% vs 2019), >15% OCF CAGR. Downstream 42% of earnings. $15B dividends, $17.5B buybacks, $40B planned by 2025. Permian, Guyana growth + Pioneer boost. 56% upside seen.

Read full article (6 min)