Somewhat Favorable Media Coverage Very Unlikely to Impact Exxon Mobil (XOM) Share Price

News articles about Exxon Mobil (NYSE:XOM) have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Exxon Mobil earned a media sentiment score of 1.22 on their scale. InfoTrie also assigned news articles about the oil and gas company an news buzz score of 2 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news articles that may have effected Exxon Mobil’s score:

Shares of XOM stock opened at $77.64 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.54 and a debt-to-equity ratio of 0.10. Exxon Mobil has a 12 month low of $72.15 and a 12 month high of $89.30. The stock has a market cap of $336.58 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 2.20 and a beta of 0.84.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, November 2nd. The oil and gas company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.25. The business had revenue of $76.61 billion for the quarter, compared to the consensus estimate of $72.91 billion. Exxon Mobil had a net margin of 8.15% and a return on equity of 9.53%. The business’s revenue was up 25.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 EPS. On average, research analysts anticipate that Exxon Mobil will post 4.84 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Stockholders of record on Tuesday, November 13th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend is Friday, November 9th. Exxon Mobil’s dividend payout ratio (DPR) is 91.36%.

XOM has been the topic of a number of recent research reports. Jefferies Financial Group restated a “neutral” rating and set a $87.00 price target on shares of Exxon Mobil in a research report on Wednesday, August 15th. Societe Generale set a $92.00 price target on shares of Exxon Mobil and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. BNP Paribas set a $85.00 price target on shares of Exxon Mobil and gave the stock a “sell” rating in a research report on Tuesday, August 28th. Credit Suisse Group set a $80.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a research report on Tuesday, August 28th. Finally, Macquarie restated a “sell” rating and set a $70.00 price target on shares of Exxon Mobil in a research report on Thursday, August 30th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $86.82.

In other news, insider James M. Spellings, Jr. sold 9,522 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $78.41, for a total value of $746,620.02. Following the sale, the insider now directly owns 249,122 shares of the company’s stock, valued at approximately $19,533,656.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert N. Schleckser sold 7,855 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $78.91, for a total transaction of $619,838.05. Following the completion of the sale, the vice president now directly owns 207,940 shares in the company, valued at $16,408,545.40. The disclosure for this sale can be found here. Insiders sold a total of 39,939 shares of company stock worth $3,241,095 over the last three months. Insiders own 0.08% of the company’s stock.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; produces transportation fuels, such as marine gasoil and diesel; and transports and sells crude oil, natural gas, and petroleum products.

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