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Exxon Mobil

NYSE:XOM
Snowflake Description

6 star dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XOM
NYSE
$320B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

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. The last earnings update was 40 days ago. More info.


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XOM Share Price and Events
7 Day Returns
-3.3%
NYSE:XOM
-2.9%
US Oil and Gas
-1.5%
US Market
1 Year Returns
-10.7%
NYSE:XOM
-9.2%
US Oil and Gas
-4.2%
US Market
XOM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Exxon Mobil (XOM) -3.3% -6.2% -11.5% -10.7% -4.2% -24.8%
US Oil and Gas -2.9% -7.9% -17% -9.2% 9.3% -28.8%
US Market -1.5% -5.2% -11.2% -4.2% 27.3% 35.3%
1 Year Return vs Industry and Market
  • XOM underperformed the Oil and Gas industry which returned -9.2% over the past year.
  • XOM underperformed the Market in United States of America which returned -4.2% over the past year.
Price Volatility
XOM
Industry
5yr Volatility vs Market

Value

 Is Exxon Mobil undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Exxon Mobil to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Exxon Mobil.

NYSE:XOM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:XOM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.88
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.885 (1 + (1- 21%) (12.51%))
0.972
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (0.972 * 7.05%)
9.8%

Discounted Cash Flow Calculation for NYSE:XOM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Exxon Mobil is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:XOM DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 18,313.04 20,386.11 17,763.68 15,478.60 13,487.46
Source Analyst x9 Analyst x5 Est @ -12.86% Est @ -12.86% Est @ -12.86%
Present Value
Discounted (@ 9.8%)
16,677.95 16,908.24 13,417.73 10,647.80 8,449.68
Present value of next 5 years cash flows $66,101.40
NYSE:XOM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $13,487.46 × (1 + 2.95%) ÷ (9.8% – 2.95%)
$202,588.93
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $202,588.93 ÷ (1 + 9.8%)5
$126,918.78
NYSE:XOM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $66,101.40 + $126,918.78
$193,020.17
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $193,020.17 / 4,233.81
$45.59
NYSE:XOM Discount to Share Price
Calculation Result
Value per share (USD) From above. $45.59
Current discount Discount to share price of $74.04
= -1 x ($74.04 - $45.59) / $45.59
-62.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Exxon Mobil is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Exxon Mobil's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Exxon Mobil's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:XOM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $5.44
NYSE:XOM Share Price ** NYSE (2018-12-17) in USD $74.04
United States of America Oil and Gas Industry PE Ratio Median Figure of 89 Publicly-Listed Oil and Gas Companies 11.01x
United States of America Market PE Ratio Median Figure of 3,017 Publicly-Listed Companies 16.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Exxon Mobil.

NYSE:XOM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:XOM Share Price ÷ EPS (both in USD)

= 74.04 ÷ 5.44

13.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exxon Mobil is overvalued based on earnings compared to the US Oil and Gas industry average.
  • Exxon Mobil is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Exxon Mobil's expected growth come at a high price?
Raw Data
NYSE:XOM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
2.8%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 64 Publicly-Listed Oil and Gas Companies 0.37x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

NYSE:XOM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.62x ÷ 2.8%

4.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exxon Mobil is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Exxon Mobil's assets?
Raw Data
NYSE:XOM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $44.96
NYSE:XOM Share Price * NYSE (2018-12-17) in USD $74.04
United States of America Oil and Gas Industry PB Ratio Median Figure of 194 Publicly-Listed Oil and Gas Companies 1.06x
United States of America Market PB Ratio Median Figure of 5,082 Publicly-Listed Companies 1.7x
NYSE:XOM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:XOM Share Price ÷ Book Value per Share (both in USD)

= 74.04 ÷ 44.96

1.65x

* Primary Listing of Exxon Mobil.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exxon Mobil is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Exxon Mobil's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Exxon Mobil has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Exxon Mobil expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Exxon Mobil expected to grow at an attractive rate?
  • Exxon Mobil's earnings growth is positive but not above the low risk savings rate of 3%.
Growth vs Market Checks
  • Exxon Mobil's earnings growth is positive but not above the United States of America market average.
  • Exxon Mobil's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:XOM Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:XOM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 2.8%
NYSE:XOM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 3.2%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:XOM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:XOM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 19,700
2020-12-31 320,538 43,819 23,046 5
2019-12-31 331,958 43,105 24,230 9
2018-12-31 308,834 38,500 20,546 7
NYSE:XOM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 278,412 34,818 23,220
2018-06-30 263,395 31,245 20,950
2018-03-31 248,391 30,412 20,350
2017-12-31 238,883 30,066 19,710
2017-09-30 229,088 30,051 13,010
2017-06-30 221,597 27,871 11,690
2017-03-31 216,297 25,443 10,040
2016-12-31 201,626 22,082 7,840
2016-09-30 198,234 19,066 8,940
2016-06-30 205,963 22,885 10,530
2016-03-31 219,872 27,158 13,020
2015-12-31 241,406 30,344 16,150

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Exxon Mobil's earnings are expected to grow by 2.8% yearly, however this is not considered high growth (20% yearly).
  • Exxon Mobil's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:XOM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Exxon Mobil Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:XOM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 4.79 4.80 4.78 2.00
2020-12-31 6.46 8.88 4.64 8.00
2019-12-31 5.55 7.04 3.66 14.00
2018-12-31 4.76 5.05 4.45 14.00
NYSE:XOM Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 5.44
2018-06-30 4.91
2018-03-31 4.77
2017-12-31 4.63
2017-09-30 3.07
2017-06-30 2.78
2017-03-31 2.40
2016-12-31 1.88
2016-09-30 2.14
2016-06-30 2.52
2016-03-31 3.11
2015-12-31 3.85

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Exxon Mobil is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Exxon Mobil's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Exxon Mobil has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Exxon Mobil performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Exxon Mobil's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Exxon Mobil's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Exxon Mobil's 1-year earnings growth exceeds its 5-year average (78.5% vs -19.3%)
  • Exxon Mobil's earnings growth has not exceeded the US Oil and Gas industry average in the past year (78.5% vs 118.6%).
Earnings and Revenue History
Exxon Mobil's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Exxon Mobil Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:XOM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 278,412.00 23,220.00 12,693.00
2018-06-30 263,395.00 20,950.00 12,593.00
2018-03-31 248,391.00 20,350.00 12,449.00
2017-12-31 238,883.00 19,710.00 12,245.00
2017-09-30 229,088.00 13,010.00 12,716.00
2017-06-30 221,597.00 11,690.00 12,388.00
2017-03-31 216,297.00 10,040.00 11,990.00
2016-12-31 201,626.00 7,840.00 11,771.00
2016-09-30 198,234.00 8,940.00 12,070.00
2016-06-30 205,963.00 10,530.00 12,298.00
2016-03-31 219,872.00 13,020.00 12,408.00
2015-12-31 241,406.00 16,150.00 12,484.00
2015-09-30 261,821.00 19,940.00 12,585.00
2015-06-30 297,642.00 23,770.00 12,782.00
2015-03-31 330,095.00 28,360.00 13,246.00
2014-12-31 364,763.00 32,520.00 13,671.00
2014-09-30 385,786.00 34,300.00 13,868.00
2014-06-30 390,607.00 34,100.00 14,016.00
2014-03-31 388,257.00 32,180.00 14,073.00
2013-12-31 390,247.00 32,580.00 14,187.00
2013-09-30 393,301.00 34,180.00 13,946.00
2013-06-30 395,645.00 35,880.00 14,272.00
2013-03-31 404,290.00 44,930.00 14,408.00
2012-12-31 419,100.00 44,880.00 14,968.00
2012-09-30 425,110.00 44,330.00 15,477.00
2012-06-30 434,249.00 45,090.00 16,007.00
2012-03-31 442,887.00 39,860.00 16,422.00
2011-12-31 433,526.00 41,060.00 16,260.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Exxon Mobil has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Exxon Mobil used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Exxon Mobil has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Exxon Mobil's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Exxon Mobil has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Exxon Mobil's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Exxon Mobil's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Exxon Mobil's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Exxon Mobil's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Exxon Mobil's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Exxon Mobil Company Filings, last reported 2 months ago.

NYSE:XOM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 196,831.00 40,037.00 5,669.00
2018-06-30 193,533.00 41,220.00 3,430.00
2018-03-31 194,911.00 40,617.00 4,125.00
2017-12-31 194,500.00 42,336.00 3,177.00
2017-09-30 189,198.00 40,610.00 4,266.00
2017-06-30 185,838.00 41,935.00 4,042.00
2017-03-31 183,771.00 43,607.00 4,897.00
2016-12-31 173,830.00 42,762.00 3,657.00
2016-09-30 177,010.00 46,155.00 5,093.00
2016-06-30 176,875.00 44,471.00 4,358.00
2016-03-31 178,498.00 43,108.00 4,846.00
2015-12-31 176,810.00 38,687.00 3,705.00
2015-09-30 176,839.00 34,312.00 4,296.00
2015-06-30 178,998.00 33,840.00 4,343.00
2015-03-31 177,446.00 32,771.00 5,184.00
2014-12-31 181,064.00 29,121.00 4,616.00
2014-09-30 187,495.00 21,834.00 4,962.00
2014-06-30 188,131.00 21,765.00 6,083.00
2014-03-31 182,891.00 21,367.00 5,601.00
2013-12-31 180,495.00 22,699.00 4,644.00
2013-09-30 175,478.00 21,293.00 5,310.00
2013-06-30 171,588.00 19,357.00 4,609.00
2013-03-31 173,077.00 13,412.00 6,214.00
2012-12-31 171,660.00 11,581.00 9,582.00
2012-09-30 172,355.00 12,424.00 13,055.00
2012-06-30 167,985.00 15,581.00 17,802.00
2012-03-31 164,117.00 15,650.00 18,670.00
2011-12-31 160,744.00 17,033.00 12,664.00
  • Exxon Mobil's level of debt (20.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (12.1% vs 20.3% today).
  • Debt is well covered by operating cash flow (87%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 29.4x coverage).
X
Financial health checks
We assess Exxon Mobil's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Exxon Mobil has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Exxon Mobil's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.43%
Current annual income from Exxon Mobil dividends. Estimated to be 4.57% next year.
If you bought $2,000 of Exxon Mobil shares you are expected to receive $89 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Exxon Mobil's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).
  • Exxon Mobil's dividend is above the markets top 25% of dividend payers in United States of America (3.77%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:XOM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 3.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1983 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:XOM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 3.78 3.00
2020-12-31 3.51 17.00
2019-12-31 3.38 20.00
2018-12-31 3.23 20.00
NYSE:XOM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-10-31 3.280 4.165
2018-07-25 3.280 4.019
2018-04-25 3.280 4.046
2018-01-31 3.080 4.026
2017-10-25 3.080 3.660
2017-07-26 3.080 3.855
2017-04-26 3.080 3.781
2017-01-25 3.000 3.646
2016-10-26 3.000 3.436
2016-07-27 3.000 3.454
2016-04-27 3.000 3.302
2016-01-27 2.920 3.540
2015-10-28 2.920 3.707
2015-07-29 2.920 3.827
2015-04-29 2.920 3.451
2015-01-28 2.760 3.163
2014-10-29 2.760 2.979
2014-07-30 2.760 2.866
2014-04-30 2.760 2.701
2014-01-29 2.520 2.638
2013-10-30 2.520 2.624
2013-07-31 2.520 2.862
2013-04-24 2.520 2.758
2013-01-30 2.280 2.563
2012-10-31 2.280 2.572
2012-07-25 2.280 2.543
2012-04-25 2.280 2.740
2012-01-25 1.880 2.197
2011-10-26 1.880 2.313
2011-07-27 1.880 2.534
2011-04-27 1.880 2.296
2011-01-26 1.760 2.102
2010-10-27 1.760 2.437
2010-07-28 1.760 2.842
2010-04-28 1.760 2.879
2010-01-27 1.680 2.518
2009-10-28 1.680 2.362
2009-07-29 1.680 2.400
2009-04-29 1.680 2.406
2009-01-28 1.600 2.294
2008-12-18 1.600 2.055

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Exxon Mobil's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Exxon Mobil's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Exxon Mobil afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Exxon Mobil has a total score of 6/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Exxon Mobil's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Woods
COMPENSATION $17,466,130
AGE 53
TENURE AS CEO 1.9 years
CEO Bio

Mr. Darren W. Woods has been the Chairman and Chief Executive Officer at Exxon Mobil Corporation since January 1, 2017. Mr. Woods served as President of Exxon Mobil Corporation since January 1, 2016. He served as Senior Vice President of Exxon Mobil Corporation since June 1, 2014 until January 1, 2016. Mr. Woods served as a Vice President of Exxon Mobil Corporation from August 1, 2012 to May 31, 2014. He served as the President of ExxonMobil Refining & Supply Company from August 1, 2012 to July 31, 2014. He served as Vice President of Supply & Transportation at ExxonMobil Refining & Supply Company from 2010 to July 2012. Mr. Woods served as Vice President of Adhesion Industry Global Business Unit at ExxonMobil Chemical Company, Inc. since 2005 and its vice president for Specialty Elastomers since 2007. He joined Exxon Company International in 1992 and had assignments in planning, supply and new business development at Exxon Company International headquarters in New Jersey before moving to the United Kingdom in 1995, where he held positions in refinery operations, retail and supply and distribution. In 2001, he became manager of Investor Relations atExxon Mobil Corporation and in 2002 became manager of Joliet refinery outside Chicago, IL. He was appointed as director of refining for Europe, Africa and the Middle East for ExxonMobil Refining & Supply Company in 2008. He has been an Executive Director of Exxon Mobil Corporation since January 1, 2016. Mr. Woods served as a Non-Independent Director of Imperial Oil Ltd. since April 25, 2013 until July 29, 2014. Mr. Woods served as a Director of Saudi Aramco Mobil Refinery Company Ltd. Mr. Woods holds a Bachelor's Degree in Electrical Engineering from Texas A&M University and an Master's Degree in Business Administration from Northwestern University's Kellogg School of Management.

CEO Compensation
  • Darren's compensation has been consistent with company performance over the past year.
  • Darren's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Exxon Mobil management team in years:

1.9
Average Tenure
61
Average Age
  • The average tenure for the Exxon Mobil management team is less than 2 years, this suggests a new team.
Management Team

Darren Woods

TITLE
Chairman & CEO
COMPENSATION
$17M
AGE
53
TENURE
1.9 yrs

Andy Swiger

TITLE
Senior VP & Principal Financial Officer
COMPENSATION
$11M
AGE
61
TENURE
5.9 yrs

Neil Duffin

TITLE
Vice President
COMPENSATION
$8M
AGE
61
TENURE
1.9 yrs

David Rosenthal

TITLE
Principal Accounting Officer
AGE
61

Neil Hansen

TITLE
VP of Investor Relations & Secretary
TENURE
0.4 yrs

Randall Ebner

TITLE
VP & General Counsel
AGE
62
TENURE
2.1 yrs

Tracey Gunnlaugsson

TITLE
Vice President of Human Resources
TENURE
0.3 yrs

Neil Chapman

TITLE
Senior Vice President
AGE
56
TENURE
0.9 yrs

Jack Williams

TITLE
Senior Vice President
AGE
54
TENURE
4.5 yrs

Emma Cochrane

TITLE
Senior Vice President
Board of Directors Tenure

Average tenure and age of the Exxon Mobil board of directors in years:

4.6
Average Tenure
65.5
Average Age
  • The tenure for the Exxon Mobil board of directors is about average.
Board of Directors

Darren Woods

TITLE
Chairman & CEO
COMPENSATION
$17M
AGE
53
TENURE
1.9 yrs

Michael Boskin

TITLE
Independent Non-Executive Director
COMPENSATION
$337K
AGE
72
TENURE
22.9 yrs

Sam Palmisano

TITLE
Independent Non-Executive Director
COMPENSATION
$347K
AGE
67
TENURE
12.9 yrs

Ken Frazier

TITLE
Independent Non-Executive Director
COMPENSATION
$337K
AGE
63
TENURE
9.6 yrs

Bray Braly

TITLE
Director
COMPENSATION
$337K
AGE
57
TENURE
2.6 yrs

Steve Reinemund

TITLE
Presiding Director
COMPENSATION
$347K
AGE
70
TENURE
2.9 yrs

Ursula Burns

TITLE
Independent Non-Executive Director
COMPENSATION
$343K
AGE
59
TENURE
6.1 yrs

William Weldon

TITLE
Independent Non-Executive Director
COMPENSATION
$337K
AGE
69
TENURE
5.6 yrs

Doug Oberhelman

TITLE
Independent Non-Executive Director
COMPENSATION
$337K
AGE
64
TENURE
3.6 yrs

Susan Avery

TITLE
Director
COMPENSATION
$767K
AGE
68
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • Exxon Mobil insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Dec 18 Sell Neil Hansen Individual 14. Dec 18 14. Dec 18 -2,798 $76.81 $-214,914
12. Dec 18 Sell John Verity Individual 11. Dec 18 11. Dec 18 -15,850 $76.94 $-1,219,559
06. Dec 18 Sell David Rosenthal Individual 04. Dec 18 04. Dec 18 -7,562 $81.24 $-614,337
30. Nov 18 Sell Theodore Wojnar Individual 30. Nov 18 30. Nov 18 -9,658 $78.41 $-757,284
30. Nov 18 Sell Robert Schleckser Individual 30. Nov 18 30. Nov 18 -7,855 $78.91 $-619,861
30. Nov 18 Sell James Spellings Individual 30. Nov 18 30. Nov 18 -9,522 $78.41 $-746,620
21. Sep 18 Sell Bradley Corson Individual 19. Sep 18 19. Sep 18 -15,000 $84.02 $-1,260,344
18. Dec 17 Sell Dennis Wascom Individual 15. Dec 17 15. Dec 17 -2,412 $83.04 $-200,293
X
Management checks
We assess Exxon Mobil's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Exxon Mobil has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

Can We See Significant Institutional Ownership On The Exxon Mobil Corporation (NYSE:XOM) Share Register?

If you want to know who really controls Exxon Mobil Corporation (NYSE:XOM), then you'll have to look at the makeup of its share registry. … With a market capitalization of US$329b, Exxon Mobil is rather large. … Check out our latest analysis for Exxon Mobil

Simply Wall St -

How Much Are Exxon Mobil Corporation (NYSE:XOM) Insiders Taking Off The Table?

We often see insiders buying up shares in companies that perform well over the long term. … So shareholders might well want to know whether insiders have been buying or selling shares in Exxon Mobil Corporation (NYSE:XOM). … Exxon Mobil Insider Transactions Over The Last Year.

Simply Wall St -

Exxon Mobil Corporation (NYSE:XOM) Has A ROE Of 12%

Our data shows Exxon Mobil has a return on equity of 12% for the last year. … That means that for every $1 worth of shareholders' equity, it generated $0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Interested In Exxon Mobil Corporation (NYSE:XOM)’s Upcoming US$0.82 Dividend? You Have 4 Days Left

If you are interested in cashing in on Exxon Mobil Corporation's (NYSE:XOM) upcoming dividend of US$0.82 per share, you only have 4 days left to buy the shares before its ex-dividend date, 09 November 2018, in time for dividends payable on the 10 December 2018. … Is this future income stream a compelling catalyst for dividend investors to think about the stock as an investment today? … Let's take a look at Exxon Mobil's most recent financial data to examine its dividend characteristics in more detail.

Simply Wall St -

Why Exxon Mobil Corporation (NYSE:XOM) Is A Financially Healthy Company

Most investors favour these big stocks due to their strong balance sheet and high market liquidity, meaning there are an abundance of stock in the public market available for trading. … These companies are resilient in times of low liquidity and are not as strongly impacted by interest rate hikes as companies with lots of debt. … Using the most recent data for XOM, I will determine its financial status based on its solvency and liquidity, and assess whether the stock is a safe investment.

Simply Wall St -

Why Exxon Mobil Corporation (NYSE:XOM) Is A Dividend Rockstar

There is a lot to be liked about Exxon Mobil Corporation (NYSE:XOM) as an income stock. … The stock currently pays out a dividend yield of 4.2%, and has a market cap of US$328.2b. … Let's take a look at Exxon Mobil in more detail.

Simply Wall St -

Shareholders Should Check If Insiders Own Shares In Exxon Mobil Corporation (NYSE:XOM)

I am going to take a deep dive into Exxon Mobil Corporation’s (NYSE:XOM) most recent ownership structure, not a frequent subject of discussion among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … NYSE:XOM Ownership Summary August 30th 18

Simply Wall St -

How Do Analysts See Exxon Mobil Corporation (NYSE:XOM) Performing Over The Next Year?

Looking at Exxon Mobil Corporation's (NYSE:XOM) earnings update in June 2018,. … the past 5-year average growth rate of -20.0%

Simply Wall St -

How Did Exxon Mobil Corporation's (NYSE:XOM) 10.54% ROE Fare Against The Industry?

I am writing today to help inform people who are new to the stock market. … and want a simplistic look at the return on Exxon Mobil Corporation (NYSE:XOM) stock. … Exxon Mobil Corporation (NYSE:XOM) delivered an ROE of 10.54% over the past 12 months, which is relatively in-line with its industry average of 11.20% during the same period.

Simply Wall St -

Does Exxon Mobil Corporation's (NYSE:XOM) PE Ratio Warrant A Sell?

However, a static multiple such as PE is never conclusive on its own. … This is because there are many company-specific factors like future prospects and capital structure, which are unaccounted for … Below, I will lay out some important considerations to help determine which multiple best suits

Simply Wall St -

Company Info

Map
Description

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. As of December 31, 2017, it had approximately 25,827 net operated wells with proved reserves of 21.2 billion oil-equivalent barrels. The company has collaboration agreements with MagnaBond, LLC to develop technologies that enhances evaluation of well cementing, casing, and tubing. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

Details
Name: Exxon Mobil Corporation
XOM
Exchange: NYSE
Founded: 1870
$319,991,145,908
4,233,807,170
Website: http://corporate.exxonmobil.com
Address: Exxon Mobil Corporation
5959 Las Colinas Boulevard,
Irving,
Texas, 75039,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE XOM Common Shares New York Stock Exchange US USD 02. Jan 1968
DB XONA Common Shares Deutsche Boerse AG DE EUR 02. Jan 1968
XTRA XONA Common Shares XETRA Trading Platform DE EUR 02. Jan 1968
LSE 0R1M Common Shares London Stock Exchange GB USD 02. Jan 1968
SWX XOM Common Shares SIX Swiss Exchange CH CHF 02. Jan 1968
WBAG XOM Common Shares Wiener Boerse AG AT EUR 02. Jan 1968
SNSE XOM Common Shares Santiago Stock Exchange CL USD 02. Jan 1968
BVC XOM Common Shares Bolsa de Valores de Colombia CO COP 02. Jan 1968
BMV XOM * Common Shares Bolsa Mexicana de Valores MX MXN 02. Jan 1968
BVL XOM Common Shares Bolsa de Valores de Lima PE USD 02. Jan 1968
BOVESPA EXXO34 BDR EACH REPR 1/4 COM NPV Bolsa de Valores de Sao Paulo BR BRL 29. Dec 2011
BASE XOM CEDEAR EACH 5 REP 1 CAP NPV Buenos Aires Stock Exchange AR ARS 11. Jan 2001
Number of employees
Current staff
Staff numbers
69,600
Exxon Mobil employees.
Industry
Integrated Oil and Gas
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/17 23:35
End of day share price update: 2018/12/17 00:00
Last estimates confirmation: 2018/12/13
Last earnings filing: 2018/11/07
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.