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 of 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 Q4 regulatory filings by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 427 | Existing positions closed: 122
20% more call options, than puts
Call options by funds: $5.54B | Put options by funds: $4.6B
3% more funds holding
Funds holding: 3,865 [Q3] → 3,966 (+101) [Q4]
0.03% more ownership
Funds ownership: 63.95% [Q3] → 63.98% (+0.03%) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 1,578 | Existing positions reduced: 1,597
8% less capital invested
Capital invested by funds: $337B [Q3] → $309B (-$28.3B) [Q4]
18% less funds holding in top 10
Funds holding in top 10: 239 [Q3] → 197 (-42) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
RBC Capital Biraj Borkhataria 80% 1-year accuracy 4 / 5 met price target | 4%upside $115 | Sector Perform Reiterated | 3 Feb 2025 |
Wells Fargo Roger Read 39% 1-year accuracy 43 / 109 met price target | 22%upside $135 | Overweight Maintained | 3 Feb 2025 |
Truist Securities Neal Dingmann 41% 1-year accuracy 63 / 153 met price target | 8%upside $119 | Hold Maintained | 13 Jan 2025 |
Piper Sandler Ryan Todd 25% 1-year accuracy 9 / 36 met price target | 15%upside $127 | Overweight Maintained | 19 Dec 2024 |
JP Morgan John Royall 31% 1-year accuracy 5 / 16 met price target | 13%upside $125 | Overweight Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 74 articles about XOM published over the past 30 days
