ExxonMobil (XOM)

[helios]

Exxon Mobil Second-Quarter Profit Climbs After Oil Prices Rise

Exxon Mobil Corp. posted its biggest profit increase since 2003, exceeding analyst estimates, as rising production helped the largest U.S. oil company take advantage of gains in energy prices.

Second-quarter net income jumped 91 percent to $7.56 billion, or $1.60 a share, from $3.95 billion, or 81 cents, a year earlier, Irving, Texas-based Exxon said today in a statement. Per-share profit was 15 cents higher than the average of 17 analyst estimates compiled by Bloomberg.

Source: Bloomberg.com

[iam802]

Exxon Mobil (XOM) is breaking through its resistance at around 65.54

Looking at the slope of the Tenkan sen and Kijun sen, XOM is making a fairly strong bullish move.

Next target is around $69.50 which was formed back in April

[winston]

Exxon Mobil Corp <XOM.N> gained 2.1 percent to $80.68 after the world's largest publicly traded oil company reported a 53 percent increase in quarterly profit.

Its shares closed up at $80.68 after earlier in the day hitting a two-year high of $80.82.

Source: Reuters

[winston]

Exxon Profit Rises 41 Percent, Shares Rise

(Reuters) - Exxon Mobil Corp’s profit rose 41 percent in the third quarter, slightly ahead of Wall Street estimates, as gains in crude oil prices and higher refining margins boosted results.

http://www.newsmeat.com/news/meat.php?a ... &buid=3281

[winston]

I've Found the Market's Newest Timing Indicator By Jeff Clark
Tuesday, November 8, 2011

Move over Goldman Sachs. There's a new canary in the coal mine.

Ever since Bank of America gobbled up Merrill Lynch (or was forced by the Feds to stomach it), I've been searching for a new leading indicator for the short-term direction of the stock market.

For nearly 20 years, I used shares of Merrill Lynch as the proverbial canary in the coal mine.

Merrill was a wonderful market timing indicator. If the market was going to rally, shares of Merrill Lynch rallied first.

If stocks were due for a drop, Merrill would signal it ahead of time. I often wrote about Merrill's canary-like attributes (here, here, and here).

And I mourned the day the shares stopped trading in September 2008.

Ever since then, I've been in search of a new canary. At first, the banking index fund (BKX) looked like a good candidate. But I found it moved with the market, rather than ahead of it.

Then I started using Goldman Sachs (GS). That worked OK for a while… But Goldman is not a true canary. It's a blood-sucking vampire squid, as Rolling Stone's Matt Taibbi once famously called it.

And its performance as a leading timing indicator has been disappointing.

So I kept searching for a new canary… And I finally found it.

ExxonMobil (XOM) – the oil industry behemoth – is a leading market-timing indicator, and the market's new canary.

I've been following the minute-to-minute action in XOM shares for several months. The action is remarkably similar to the way shares of Merrill Lynch used to trade.

If the market is rallying and shares of XOM start to pull back, sure enough, the stock market pulls back moments later. If stocks are falling and XOM begins to bounce, the market bounces, too.

So if you want to profit off the short-term direction in stock prices, pay attention to the action in XOM. It'll give you an early clue as to where things are headed.

I don't know exactly why it works this way. Likewise, I never exactly understood why Merrill worked so well as a leading timing indicator.

But you don't have to know why something works to profit off it.

Merrill Lynch was a profitable canary for more than 20 years. I'm looking forward to a long, prosperous relationship with ExxonMobil.

Source: Growth Stock Wire

[winston]

not vested

Best Dividend Stocks Shelling Out for 100-Plus Years: Exxon Mobil Corporation (XOM)
Dividend Yield: 3.1%
Dividends Paid Since: 1882

Last but not least, Exxon Mobil Corporation (NYSE:XOM) goes down as one of the best dividend stocks on Wall Street today. After all, it literally has the longest-tenured dividend payment on today’s list; you can’t ask for much more than 133 straight years of dividends (and it has raised the payout annually for the last 32).

Sure oil prices have been on the downturn for the last year, but they’ve started to rebound a bit of late. Part of that’s due to the pullback in the dollar, which could be one of Exxon’s biggest tailwinds going forward.

Even when oil prices are low, XOM, like Chevron, has both upstream and downstream operations, helping it to make money in its refinery operations while it loses money in drilling.

For the disciplined long-term investor, both XOM and CVX are stocks I’d strongly consider setting up a dividend reinvestment plan, or DRIP, with, only to promptly forget about them. Check back in 30 years, and you probably won’t be disappointed with what you accumulated.

Source: InvestorPlace

[winston]

not vested

Apr 15, 2015

Best Stocks for the Next 10 Years: Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (NYSE:XOM) might get a few raised eyebrows given its performance over the past nine months. The collapsing price of crude oil has hit the share prices of the oil majors like a Louisville Slugger to the knee caps.

But Big Oil is anything if not resilient, and for the first time in a very long time, I can credibly say that XOM is cheap.

Yes, I understand that falling oil prices will take a bite out of profits. But Exxon Mobil’s dividend payout ratio is a very conservative 36% (currently — it will go up amid this year’s profit dip, but is expected to dip back down again once earnings recover), and the company has raised its dividend for 32 consecutive years.

If XOM could survive and prosper during the 1980s and 1990s, when the price of crude oil actually dipped below $10 per barrel, then it can survive whatever comes its way over the next decade.

Over the very long term, Exxon Mobil and the rest of Big Oil face strategic threats from renewable energy and battery-powered cars such as those made by Tesla Motors Inc (NASDAQ:TSLA). But I see these as threats 20 years or more into the future rather than 10.

In the meantime, enjoy one of the strongest companies in the world trading for just 11 times earnings and sporting a dividend yield of 3.3%.

Source: InvestorPlace

[winston]

not vested

ExxonMobil (XOM) is the largest oil corporation in the world. The company has a market cap of $365 billion. ExxonMobil's market cap makes it the 4th-largest publicly TRADED corporation in the United States.

The stock price has declined by more than 10% in the last 12 months and is currently TRADING for a price-to-earnings ratio of just 13.1. The company appears to be significantly undervalued at this time.

ExxonMobil's current dividend yield of 3.3% is near the highest level it has been since the 1990's. Simply put, now is one of the best times to buy ExxonMobil stock in the past 25 years.

ExxonMobil is more than just a value stock. The company is among the highest-quality "blue chip" publicly-traded dividend STOCKS. ExxonMobil is a Dividend Aristocrat thanks to its 32 consecutive years of dividend increases. The company's ability to steadily raise dividends despite fluctuating oil prices shows it has excellent earnings power.

One of the largest and most profitable companies in the world, ExxonMobil very clearly has a competitive advantage. It generates more than 80% of its profits from its upstream drilling and exploration business. ExxonMobil's industry-leading size and excellent connections around the world give it global access to profitable exploration opportunities.

In the short-run, the company's profits are dependent on the price of OIL. When OIL prices hit lows near $30 a barrel in 2009, ExxonMobil still made over $19 billion in profits on the year.

Generating $19 billion of profits in one year would be considered a huge success for all but a few businesses. Low oil prices reduce earnings, but ExxonMobil still generates significant earnings even during periods of low oil prices.

The company's long-term growth potential is dependent upon rising energy demand. The growing middle class in developing economies like China and India is causing global energy demand to increase. This trend will benefit ExxonMobil as it continues to supply oil for the world.

Source: The Street

[winston]

not vested

Should You Buy Exxon Mobil (XOM)? 3 Pros, 3 Cons

Depressed energy prices may be a buying opportunity for long-term investors

By Tom Taulli

Source: InvestorPlace

http://investorplace.com/2015/05/xom-st ... WgAVtKqqko

[winston]

not vested

7 Blue-Chip Busts That Could Use a Spark: Exxon (XOM)

It goes without saying that the energy markets are upside down.

No one could have guessed this time last year that as West Texas Intermediate crude was over $100 a barrel it would be trading at $61 a barrel today.

There are a combination of factors involved. Saudi Arabia and OPEC decided to teach the new U.S. producers a lesson and boost production to run them into the ground. You see, OPEC can produce oil much more cheaply than U.S. shale producers can and OPEC is therefore better hedged if prices drop.

Asia’s slowdown also hurt global demand and the slow recovery in the US has hurt domestic demand as well.

While this has certainly hurt exploration and production operations, it has also hurt blue-chip players like Exxon (XOM) because it is exposed to energy at every level. And no level is doing well when there’s a supply glut.

XOM stock is off 16% in the past year, so its 3.4% dividend is a moot point.

Stay away from energy until there are some real green shoots of global growth because a company the size of XOM can’t rely on regional blips of positivity.

Source: investor Place