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XOM
Exxon Mobil Corporation - NYSE

4/23/2014, 8:15 AM ET
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  • Exxon Mobil: Black Gold Or A Lump Of Coal?
    Sure Dividend Thu, Apr. 10 19 Comments

    Summary

    • Exxon Mobil offers shareholders a CAGR of around 9% from growth (4%), dividends (2.5%) and share repurchases (2.75%).
    • Exxon Mobil's profits are primarily from its upstream business.
    • Exxon Mobil is a highly profitable shareholder friendly corporation suitable for long-horizon dividend investors.
  • Round Two: Exxon Mobil Discloses Fracking Risk
    Don Dion Mon, Apr. 7 8 Comments

    Summary

    • ExxonMobil has agreed to disclose environmental risks associated with hydraulic fracturing.
    • This report follows an agreement to disclose a Carbon Asset Risk report last month.
    • Investors should take these decisions by ExxonMobil as positive indicators of the company’s consideration of shareholders and forward-looking mentality to securing its operations.
  • Exxon Mobil: Ready To Crush $100?
    Achilles Research Tue, Apr. 1 7 Comments

    Summary

    • Exxon Mobil is an outstanding bet on secular demand growth for fossil fuels.
    • The company has attractive capital appreciation and income prospects as world energy demand grows.
    • The oil giant recently found the endorsement of renowned value investor Warren Buffett.
  • Exxon Mobil - Making Smart Moves
    Alpha Strategist Thu, Mar. 27 9 Comments

    Summary

    • Exxon expects production from ten plants this year while more projects are in line to start up between 2015 and 2017, bringing Exxon’s production capacity to 1,000,000 barrels per day.
    • Minus the acquisition costs, Exxon hopes to bring down its annual capex to around $37 billion between 2015 and 2017. This is intended to enhance its ROIC ratio.
    • The company is not only strengthening its core business segments but is also exploring non-fuel markets to diversify its revenue base.
    • The company is decreasing gas production in the US region and shifting its focus on drilling activities as they indicate more promising returns.
  • In A Strategic Move, ExxonMobil Discloses Carbon Risks
    Don Dion Tue, Mar. 25 33 Comments

    Summary

    • ExxonMobil agreed to disclose risks and opportunities associated with low-carbon scenarios, along with plans for managing said risks, after pressure by shareholder advocacy groups.
    • The disclosure is a positive, strategic move for Exxon Mobil, signaling to shareholders its commitment to lasting prosperity.
    • The day following the disclosure showed a sharp increase in both price and volume of XOM stock, suggesting this issue resonated positively with investors.
  • Exxon In 2014: What's New? Not Much
    Casey Hoerth Mon, Mar. 24 12 Comments

    Summary

    • Production growth of 2-3% between 2015-2017.
    • Shale liquids will continue to be just a "piece in the puzzle".
    • Despite impressive growth in Bakken, Exxon will remain a widely-diversified, international energy company.
  • Exxon Mobil: Analyst Day Fails To Ease Near-Term Concern
    Stock Gamer Thu, Mar. 20 12 Comments

    Summary

    • The expected production volume decline and capex increase in 2014 would weigh on near-term share price performance.
    • The company is likely to rely on additional borrowings to fund its dividend and share buyback programs in the coming years, putting pressure on shareholder value.
    • Given Exxon's premium valuation relative to its peers and that there is a lack of visibility into future production growth, the risk is to the downside.
  • Exxon Mobil: High-Profit, High-Tech IP Company
    YCharts Thu, Mar. 20 14 Comments

    Summary

    • Exxon Mobil screens as undervalued relative to other stocks in the market using YCharts' quantitative valuation metric, the Value Score.
    • Exxon Mobil is a highly profitable, high-tech firm masquerading as a low-profit commodity producer.
    • We investigate the interplay of each of these segments in influencing the three fundamental drivers of corporate valuation: revenue growth, profitability, and investment efficacy.
  • Exxon Mobil: A View Of The Company's Economic Characteristics
    Tom Armistead Tue, Mar. 18 27 Comments

    Summary

    • $34.6 billion of deferred tax liabilities is a low-cost, non-perilous source of leverage.
    • $30 billion of equity company investments.
    • $14 billion of income from equity affiliates.
    • ROCE (return on capital employed) of 17% for 2013, consistently higher than peers.
    • Cost of debt is 48 bps above 10 year treasuries: cost of equity is irrelevant.
  • Will Exxon Mobil Gush Over $100 Again?
    Celan Bryant Tue, Mar. 18 6 Comments

    Summary

    • With a 52-week range of $84.79-$101.74 Exxon's stock underperformed the S&P 500 in 2013.
    • Exxon suffers from thinner downstream margins, declining upstream production and lower divestment gains.
    • With a PEG ratio of 4 compared to an industry average of 1.83, I expect Exxon's stock will pull back to the mid-80s before it breaks through $100 again.
  • Exxon Has Upside Potential
    Equity Flux Tue, Mar. 18 10 Comments

    Summary

    • The Ukraine crisis is impacting the entire basic materials sector.
    • It seems that there is a high chance that sanctions can be placed on Russia by the NATO, which would affect the global market for energy.
    • The increase in oil prices can lead to a surge in valuations, and Exxon's investors can benefit from this increase.
  • Exxon Mobil And The Buffett Benchmark
    Shiv Kapoor Wed, Mar. 12 12 Comments

    Summary

    • I look at historic data for sales, earnings, book value, dividends, and shares outstanding over the past fifteen years at Exxon Mobil.
    • This historic data is used as a basis to form a view on future expectations.
    • The future expectations are then valued to arrive at a view on whether the shares are priced to buy (or hold).
    • The future expectations are also assessed to quantify alpha potential.
    • Exxon's performance is also benchmarked using Warren Buffett's methodology, which compares the total return on the S&P 500 versus growth in book value.
  • Exxon Mobil Corporation: Recent Dip Is An Entry Point
    Gemstone Equity Research Tue, Mar. 11 3 Comments

    Summary

    • Exxon Mobil Corporation's share fell 2.8% to $93.79 after rising around 14% during 2013.
    • The company has planned to cut its capital spending by 6.4% in FY 2014.
    • The recent dip in the company's stock brings the opportunity for investors to jump in and bet on the healthy future prospects of the company.
  • Exxon Mobil Still Has Gas In The Tank
    Mike Serebrennik Tue, Mar. 11 11 Comments

    Summary

    • Exxon Mobil will add more to its already extensive reserves; the company is inexpensive in this context.
    • Company's chemical and downstream businesses offer meaningful upside.
    • Exxon Mobil's experience and financial strength confer advantages when operating on the global scale.
    • Company is on track to increase dividend payout in about 2 months.
  • Exxon Mobil: The Dividend Growth Picture Looks Unusually Bright

    Summary

    • Exxon's Buyback Currently Retires 4-5% Of Shares Per Year.
    • Production Growth Is Set To Increase By 7% In Total Over The Next Three Years.
    • Buyback Plus Production Growth Creates Fertile Ground For Dividend Growth In The 10% Range.
  • Worried About Exxon Mobil? Are You Kidding Me?
    Regarded Solutions Sat, Mar. 8 186 Comments

    Summary

    • Exxon Mobil is one of the largest public companies on the planet, with massive resources.
    • The company is a dividend champion of 32 years and counting.
    • Thinking about selling this stock? Don't! Think about buying it!
  • Exxon Mobil Needs A Big Dividend Hike This Year
    Michael Fitzsimmons Fri, Mar. 7 143 Comments

    Summary

    • Exxon Mobil pays the lowest dividend yield in its peer group.
    • At the same time, the stock has also been a laggard in terms of capital appreciation.
    • At a minimum, shareholders expect a dividend yield competitive with Exxon's peers.
  • The Correct Way To Think About Exxon Mobil's Valuation
    Valuentum Thu, Mar. 6 2 Comments

    Summary

    • Exxon Mobil's dividend is solid, and we expect growth in it for many years to come. The energy giant's valuentum dividend cushion score is significantly greater than parity.
    • Return on invested capital at Exxon Mobil has been fantastic, and the company has been consistently replacing its reserves.
    • We think a wide range of probable fair value outcomes is appropriate in Exxon Mobil's valuation given the inherent volatility of future oil prices.
XOM vs. ETF Alternatives
Company Description

Exxon Mobil Corporation is engaged in energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products.