Professional
Added to YB: 2024-04-26
Pitch date: 2024-04-11
XOM [bullish]
Exxon Mobil Corporation
+2.65%
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
$501.1B
Pitch Price
$115.75
Price Target
N/A
Dividend
3.47%
EV/EBITDA
7.54
P/E
17.25
EV/Sales
1.65
Sector
Oil, Gas and Consumable Fuels
Category
value
Madison Dividend Income Fund New Portfolio Holding: Exxon Mobil Corporation
XOM: Acquired Pioneer, doubling Permian output to 2M bpd by 2027. $20-25B capex thru 2027 allows for $35B buyback & consistent div hikes (41 yrs straight). Earnings & FCF growth at $60+ oil. 3.3% yield (2.4x S&P500), AA-rated, Dividend Aristocrat. Bought at $111 in Mar '24.
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