Exxon Mobil Plans to Invest $20 Billion on US Gulf Coast Project

Exxon Mobil Corporation (XOM) recently recorded -1.01 percent change and now at $82.46 is 5.5 percent away from its 52-week low and down -11.39 percent versus its peak. On an adjusted basis, the Company reported a net loss for the fourth quarter 2016 of $59 million, or $0.71 per diluted share, compared with adjusted net loss of $25 million, or $0.29 per diluted share, for the same period past year.

In this Wednesday, March 1, 2017, photo, Exxon Mobil Chairman & CEO Darren Woods sits for an interview on the floor of the New York Stock Exchange. These analysts have also projected a Low Estimate of $0.4/share and a High Estimate of $1.12/share.

Woods, 52, joined Exxon in 1992 and has spent most of his career in chemicals and refining, the so-called downstream part of the business.

The 24 analysts offering 12-month price forecasts for Exxon Mobil have a median target of 90.00, with a high estimate of 105.00 and a low estimate of 72.00. (MRK) are forecasted by the analysts to move at $0.84 in current quarter, from $0.89 a year-ago quarter. They are projecting Next Quarter growth of 146.3%. Exxon Mobil Corporation’s quarterly revenue was up 2.0% on a year-over-year basis. Jefferies Group now has a “Neutral” rating and a $92.00 target price on the stock. In any case, you can mark this one down as an embarrassing mixture of laziness and a suck-up mentality, albeit one that looks more conspicuous when you realize that the former head of ExxonMobil is now the secretary of state. Trial started today for Exxon Mobil’s Corp’s Baytown complex in regards to accidental releases of harmful emission.

Exxon Mobil Corporation Gross Margin percentage stands at 28.1% while its Operating Margin for trailing twelve month is 0.4 percent and Profit margin (ttm) is 3.6 Percent. But while the market may choose to remain skeptical on Exxon stock, opportunistic investors should buy in now. It’s now trading about -11.39% below its 52-week high. In an uptrend a 50-day, 100-day or 200-day moving average may act as a support level, as shown in the figure below.This is because the average acts like a floor (support), so the price bounces up off of it. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 44.13. While it’s Return on Investment (ROI) value is 0.6%. The stock is down over 8% for the year. Likewise, the negative performance for the quarter was recorded as -4.19% and for the year was 4.22%, while the YTD performance remained at -7.39%. The stock was sold at an average price of $87.00, for a total transaction of $1,392,000.00.