Exxon Mobil (NYSE:XOM) will continue to raise its dividend payout, long term. The energy company reported robust financial results for the quarter ending September, which saw profit growth in both upstream and downstream segments.
I initiated Exxon Mobil with a BUY rating in September, and since then, the stock has risen 5%. I keep a close eye on all companies I rate for my followers, and timely earnings updates are a major part of my fundamental analysis.
(Source: Exxon Mobil Corp. Q3 2017 Investor Presentation; the emphasis by ZEA). It is important to note that Upstream, the Oil Major's largest source of operating cash flow, was not the driver of the sequential increase, as both production volumes and ...
Exxon Mobil Corporation (NYSE:XOM) market capitalization at present is $345.00B at the rate of $81.10 a share. The firm's price-to-sales ratio was noted 1.40 in contrast with an overall industry average of 1.33.
Exxon Mobil Corporation logo Arrow Financial Corp lifted its stake in Exxon Mobil Corporation (NYSE:XOM) by 2.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.