In Tuesday’s Wall Street session, Exxon Mobil Corp (NYSE:XOM) shares traded at $107.54, down -0.20% from the previous session.
XOM stock price is now -1.16% away from the 50-day moving average and -6.04% away from the 200-day moving average. The market capitalization of the company currently stands at $466.63B.
With the price target reduced from $132 to $128, TD Cowen maintained Buy rating for Exxon Mobil Corp (NYSE: XOM). On November 19, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $127 to quote $132, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Talley Darrin L, VP – Corp Strategic Planning sold 2,100 shares of the company’s stock on Feb 04 ’25. The stock was sold for $231,000 at an average price of $110.00. Upon completion of the transaction, the VP – Corp Strategic Planning now directly owns 18,087 shares in the company, valued at $1.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 17 ’24, Director Dreyfus Maria S. bought 18,310 shares of the business’s stock. A total of $2,000,386 was incurred on buying the stock at an average price of $109.25. This leaves the insider owning 35,757 shares of the company worth $3.85 million. A total of 0.18% of the company’s stock is owned by insiders.
During the past 12 months, Exxon Mobil Corp has had a low of $104.03 and a high of $126.34. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 1.31, and a quick ratio of 0.97.
The net profit margin was 9.91% and return on equity was 14.38% for XOM. The company reported revenue of $83.43 billion for the quarter, compared to $84.34 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.09 percent.
