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Exxon Mobil stock may provide some protection in the event of a stock market crash. The author holds a long position in XOM and emphasizes that the opinions expressed are personal and not investment recommendations. Investors are advised to consult a qualified advisor before making trades, as past performance does not guarantee future results.
POM Investment Strategies LLC now holds 377 shares of Exxon Mobil, valued at $43,000, after acquiring 340 additional shares. Hershey Financial Advisers LLC also entered a new position worth approximately $46,000. Analysts have mixed ratings on the stock, with a "Moderate Buy" consensus and a price target averaging $129.84. Recently, Exxon Mobil reported a quarterly EPS of $1.92, slightly beating estimates, but revenue fell 0.8% year-over-year.
POM Investment Strategies LLC now holds 377 shares of Exxon Mobil valued at $43,000 after acquiring 340 additional shares. Hershey Financial Advisers LLC also entered a new position worth approximately $46,000. Analysts have mixed ratings on the stock, with a "Moderate Buy" consensus and a price target averaging $129.84. Recently, UBS Group lowered its price target to $147.00, indicating a potential upside of 31.99%.
Exxon Mobil Corporation operates primarily in refining and distribution, hydrocarbon exploration and production, and petrochemicals. In 2023, it sold 5.5 million barrels of petroleum products daily, produced 2.4 million barrels of oil, and 219.1 million m³ of natural gas. The company's net sales are geographically distributed with the U.S. accounting for 38%.
Exxon Mobil Corporation operates primarily in refining and distribution (85.8% of net sales), producing 5.5 million barrels of oil products daily. It is a world leader in exploration and production, generating 2.4 million barrels of oil and 219.1 million m³ of natural gas per day. The company also engages in petrochemicals, contributing 6.6% to net sales, with a diverse geographical distribution of revenue, including the United States (38%) and Canada (8.7%).
Exxon Mobil Corporation operates primarily in refining and distribution, exploration and production of hydrocarbons, and petrochemicals. In 2023, it sold 5.5 million barrels of petroleum products daily, produced 2.4 million barrels of oil, and 219.1 million m³ of natural gas. The company generates 38% of its sales in the United States, with significant contributions from Canada, the UK, and other regions.
In a recent analysis, Lumen Technologies is advised to be avoided due to its inflated stock price, while BlackRock is seen as a solid long-term investment despite short-term fluctuations. Exxon Mobil is considered overvalued compared to Chevron, and ON Semiconductor is expected to decline further. Conversely, LyondellBasell and Applied Industrial Technologies are viewed positively, with the latter being a favored company in the current market.
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, potentially raising up to $3 billion by selling up to 49%. This move is part of CEO Murray Auchincloss's strategy to reduce the company's rising debt, which reached $24.3 billion in September. Amid investor pressure and a declining share price, BP is also looking to divest from its solar and wind operations.
Chevron plans to take up to $1.5 billion in fourth-quarter charges for restructuring, asset impairments, and property sales costs, primarily due to job cuts and relocations over the next two years. The company aims to reduce costs by up to $3 billion through 2026, with a $2 billion cut in 2025 project spending. Despite these challenges, Chevron's projected fourth-quarter profit is $4.35 billion, down from $6.45 billion a year ago.
Exxon Mobil Corp. is reportedly considering the sale of its gas stations in Singapore, a move that could generate approximately $1 billion. The company is collaborating with financial advisers for this potential disposal, which has attracted preliminary interest from other industry players and investment funds.

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