• Exxon’s first-quarter adjusted EPS reported at $2.06, a fall from last year’s $2.83, missing estimate of $2.19
• Exxon’s EPS for the year was $2.06, down from $2.79
• The company expects its capital expenditure between $23 billion to $25 billion, closely matching the estimated $23.97 billion
• Exxon announced a quarterly gross production exceeding 600,000 oil-equivalent barrels per day in Guyana
• The company confirmed reaching a final investment decision on its sixth major development
• Exxon’s Product Solutions highlighted a strong turnaround performance on cost and schedule, leading to record first-quarter refining throughput
• Exxon’s capital and exploration expenditures for the first quarter totaled to $5.84 billion
• The company generated strong cash flow from operations of $14.7 billion and free cash flow of $10.1 billion in the first quarter
Exxon Mobil on Smartkarma
On Smartkarma, independent analysts like Baptista Research are providing valuable insights into Exxon Mobil Corporation. In one report titled “Exxon Mobil Corporation: Solid Shale Operations Growth & Other Factors Driving Growth! – Major Drivers,” the focus is on the company’s strong fourth-quarter results in 2023. This success is attributed to operational excellence, employee commitment, and advancements in various areas like technology and supply-chain management. Baptista Research is conducting a thorough evaluation of factors impacting the company’s stock price, using a Discounted Cash Flow methodology for valuation.
Another report by Baptista Research, “Exxon Mobil Corporation: Can The Pioneer Acquisition Change The Oil Industry Landscape? – Major Drivers,” discusses a less favorable scenario where the company fell short of Wall Street’s revenue and earnings expectations. Despite this, Exxon Mobil saw a notable increase in earnings, reaching $9.1 billion. The report delves into a fundamental analysis of the company’s historical financial statements, shedding light on the implications of the performance. Smartkarma serves as a platform for in-depth analysis and diverse perspectives on companies like Exxon Mobil.
A look at Exxon Mobil Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Exxon Mobil Corporation’s long-term outlook appears promising as indicated by its Smartkarma Smart Scores. With a strong focus on growth and momentum, scoring 5 out of 5 in both categories, the company demonstrates an impressive ability to expand and maintain positive performance. In addition, Exxon Mobil also scores well in value, dividend, and resilience, with scores of 3 across these factors. This signifies a solid foundation in terms of value, reliable dividend payments, and the ability to withstand market challenges.
Exxon Mobil Corporation, a global player in the petroleum and petrochemicals industry, operates a diverse range of businesses including oil and gas exploration, electric power generation, and manufacturing of fuels, lubricants, and chemicals. With a balanced mix of strong growth potential, steady dividends, and resilience, Exxon Mobil is poised to capitalize on opportunities in the energy sector while maintaining stability amidst market fluctuations.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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