Company Of The Day: Exxon Mobil

-14.56%
Downside
94.40
Market
80.66
Trefis
XOM: Exxon Mobil logo
XOM
Exxon Mobil

What?

Exxon Mobil (NYSE:XOM) has indicated in a regulatory filing that its Q4 2021 earnings could rise by as much as $1.9 billion versus Q3.

Why?

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Higher natural gas prices are likely to boost Q4 earnings by between $700 million to $1.1 billion, compared to Q3 while the changes in liquids prices will boost earnings by between $400 million to $800 million.

So What?

Exxon stock has had a solid year, driven by rising hydrocarbon prices. We think the stock has a little more room to run. We value XOM at about $65 per share, about 10% ahead of the current market price.

See Our Complete Analysis For Exxon Mobil

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Dec 2021
MTD [1]
2021
YTD [1]
2017-21
Total [2]
 XOM Return 2% 47% -33%
 S&P 500 Return 5% 27% 113%
 Trefis MS Portfolio Return 2% 47% 297%

[1] Month-to-date and year-to-date as of 12/30/2021
[2] Cumulative total returns since 2017

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