Exxon Mobil reports Q4 numbers January 31
- Author: Latoya Cobb Feb 02, 2017,
Feb 02, 2017, 0:09
Exxon Mobil Corporation (NYSE:XOM) last posted its quarterly earnings data on Tuesday, January 31st.
Production fell 3 percent to 4.1 million barrels of oil equivalent per day.
Exxon's capital budget dropped 35 percent in the quarter to $4.83 billion. The firm has a market capitalization of $342.99 billion, a PE ratio of 38.724 and a beta of 0.89. The stock exchanged hands with 19.13 million shares contrast to its average daily volume of 10.97 million shares.
For the full year, Exxon Mobil collected $7.8 billion in profits, down 51 percent from 2015.
During last 5 trades the stock sticks nearly -0.44%. Moving toward ratio analysis, it has current ratio of 0.90 and quick ratio was calculated as 0.60. The EPS growth rate is projected at 8.06%.
United States of America based company, Exxon Mobil Corporation's (XOM)'s latest closing price distance was -2.06% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -2.74% and -2.08% compared with the 20 Day Moving Average. In true Exxon fashion, the company didn't offer specifics about its future investments, saying it was saving details for its analyst day in March. After a recent look, the stock has been seen trading $-0.12 off of the 50-day moving average of $2.64 and $-0.26 separated from the 200-day moving average of $2.78. Highest potential price target is expected at $105.00 however minimum price target advised by analysts is $73.00. The consensus analyst PT for this stock has now been moved to $153.72.
The company said in its Q4 report that it plans to start five major projects this year and next year, which include Hebron, offshore Canada; Sakhalin-1 Odoptu Stage 2, offshore Russia; Upper Zakum 750, offshore Abu Dhabi; Kaombo Split Hub, offshore Angola; and Barzan, offshore Qatar. Post opening the session at $85.04, the shares hit an intraday low of $83.13 and an intraday high of $85.07 and the price was in this range throughout the day.
When it comes to the Analysis of a Stock, Price Target plays a vital role. In the same quarter a year previously, the oil giant reported $59.8 billion in revenue and 67 cents per share in earnings.
To accommodate long-term intention, the firm has diverse dividend or yield record, SM has Dividend Yield of 0.33% and experts calculate Return on Investment of -7.30%.
Shares of Exxon rebounded to trade slightly positive after edging lower ahead of market open Tuesday. The stock recovered 396.29 since its low point and has performed -0.91 year-to-date.
The gas field write-off is partly a response to pressure from the U.S. authorities at the Securities and Exchange Commission (SEC).
Exxon Mobil Corporation is an energy company.
In other Exxon Mobil Corporation news, insider James M. Spellings, Jr. sold 15,678 shares of the stock in a transaction on Tuesday, December 6th. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.