The Exxon Mobil Corporation’s Position in the Market

Exxon Mobile is the largest in the world oil and gas company. Its P/E is currently 15,32, favourably compared against Shell’s 10, 63, Continental Recourses’ 13,44 and Occidental Petroleum’s 36,47. P/E shows the relation of a price of a share to the profit of the company (Exxon Mobil Corporation). The lower P/E is, the more likely its shares are to turn profitable for an investor. It is clear from the data that Occidental Petroleum is a bit oversold, while Exxon Mobile, Shell and Continental Resources are in a good shape and have low P/E ratings. PEG extends the P/E ratio by taking into account expected earnings growth instead of current earnings. In Exxon Mobile, Shell’s, and Continental Recourses PEG is lower than 1 which means that the shares could be potentially brought and profitable. Today Exxon Mobile stocks are up from the previous day as oil and gas are increasing in prices due to the war in Ukraine.

52-week range reflects the average value of stocks for previous 52-week period of time, thereby showing how much the stock price has deviated from the norm at the moment. On the candlestick chart, the average value can be calculated in relation to the closing or opening prices of the candle, as well as at the maximum and minimum prices. 52-range is susceptible to price fluctuations and is used to forecast short-term corrections. Earnings Estimate is the expected profitability of shares in percentage or nominal terms. It consists of dividends and an increase in the exchange rate value. In a general sense, it is a cumulative profit divided by the amount of investments. Average Earning Estimate show the average expected profit from the company’s stocks, Low Earnings Estimate show the minimal expected wages, and High Earnings Estimate show the highest expected wages of a company. Many analysts are involved in earnings estimation as different brokerage houses have their analysts whom they trust.

Reference

Exxon Mobil Corporation (XOM). Yahoo! Finance.

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StudyCorgi. "The Exxon Mobil Corporation’s Position in the Market." May 15, 2023. https://studycorgi.com/the-exxon-mobil-corporations-position-in-the-market/.

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StudyCorgi. 2023. "The Exxon Mobil Corporation’s Position in the Market." May 15, 2023. https://studycorgi.com/the-exxon-mobil-corporations-position-in-the-market/.

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