Exxon Mobil (NYSE: XOM) – Piper Research's Jaffray companies lowered the first quarter 2019 earnings estimates for Exxon Mobil shares in a report released Wednesday, November 14. Analyst Piper J. Piper, an analyst at Piper J & Perry expects the oil and gas company to post earnings per share of $ 0.94 per share, compared to the previous estimate of $ 1.35, while Piper's shares have a "neutral" rating on the stock. $ 1.09 per share in the third quarter of 2019, a profit of $ 1.15 per share in the first quarter of 2010, $ 1.13 per share, $ 1.13 per share, FY2019 earnings in the fourth quarter of 2010, Q1 2020 profits at 1.1 $ 1 per share and FY2020 earnings at $ 4.75 per share.
Exxon Mobil (Nasdaq: XOM) recently released its quarterly earnings data on Friday, November 2nd. The oil and gas company reported earnings of $ 1.46 a share for the quarter, hitting the Thomson Reuters consensus estimate at $ 1.21 by $ 0.25. The company had revenues of $ 76.61 billion in the quarter, compared with analysts' estimates of $ 72.91 billion. Exxon Mobil recorded a net margin of 8.15% and a return on equity of 9.53%. Revenue rose 25.4% year on year. In the same period last year, the company posted a profit of $ 0.93 per share.
Other stocks Analysts have also published reports on the stock. The Royal Bank of Canada re-issued a "buy" rating and issued a target of $ 105 per share on Exxon Mobil shares in a research report on Wednesday, August 8. Societe Generale set a target price of $ 92 for Exxon Mobil shares and gave the company a " "In a research report conducted on Monday, 6 August. Morningstar set a target of $ 90 per share on ExxonMobil shares and gave the company a Buy rating in a research report on Wednesday, September 5. HSBC re-issued a "Buy" rating and raised a $ 96 target for ExxonMobil Wednesday, September 12. Ultimately, Zax Investments raised shares of ExxonMobil from a "hold" rating to a "buy" rating and set a $ 96.00 price target price on the stock research report on Monday, October 1st. Four analysts rated the shares with a sale rating, fourteen assigned a strong rating, six assigned a purchase rating and one gave a strong buy-to-stock rating. Exxon Mobil currently has a consensus rating of "Hold" and an average price target of $ 87.27.
XOM shares opened at $ 78.96 on Friday. The stock has a market value of $ 327.94 billion, a PE ratio of 21.99, a P / E / G ratio of 2.20 and a beta of 0.86. Axon leads to $ 52 to a low of $ 72.15, and fifty-two weeks of $ 89.30. The company has a debt to equity ratio of 0.10, a fast ratio of 0.54 and a current ratio of 0.83.
The Ministry also recently announced a quarterly dividend, which will be paid on Monday, December 10. Investors listed on Tuesday, November 13 will receive a dividend of $ 0.82 per share. This represents a dividend of $ 3.28 on an annual basis and a yield of 4.15%. The date of the former dividend of this dividend is Friday, November 9, Exxon Mobil's dividend ratio is 91.36%.
In related news, Vice President Bradley W. Corson sold 15,000 shares of the company in a transaction on Wednesday, September 19. The shares were sold at an average price of $ 84.02 for a total transaction of $ 1,260,300.00, following which the company's president currently holds 214,774 Shares of the company, valued at $ 18,045,311.48 The transaction was filed in a lawsuit filed with the SEC, which is available through this link, and 0.08% of the shares are currently owned by the company.
A number of institutional investors have recently made changes to their roles in XOM. Capital World raised its holdings in Exxon Mobil in 938.8% in the third quarter. Capital World is now investing 11,946,373 shares of the oil and gas company at $ 1,015,681,000 after buying 10,796,373 additional shares in the last quarter. FMR LLC increased its stake in Exxon Mobil by 37.8% in the second quarter. FMR LLC currently holds 33,955,341 shares of the oil and gas company at a value of $ 2,809,126,000 after acquiring 9,318,782 additional shares in the last quarter. Capital International acquired a new stake in Exxon Mobil in the third quarter at $ 566,667,000. Charles Schwab Investments Advisory Inc. acquired a new AxonMobil share during the second quarter valued at approximately $ 394,412,000, and Standard Life Aberdeen plc increased its stake in Exxon by 145.3% during the second quarter. Now has 7,858,127 shares of the oil and gas company valued at $ 650,889,000 after the acquisition of 4,654,288 additional shares in the last quarter Hedge funds and other institutional investors hold 52.46% of the company's shares.
About Exxon Mobil
ExxonMobil Corporation explores and produces crude oil and natural gas in the United States, Canada / other countries, Europe, Africa, Asia and Australia / Oceania. It operates through Upstream, Downstream, and Chemical Sectors. The Company also produces oil products; Manufactures and markets petrochemicals of commodities, including olefins, aromatics, polyethylene and polypropylene, as well as various unique products; And transports and sells crude oil, natural gas and petroleum products.
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