- ExxonMobil forecasts its net cash capital expenditure (capex) for 2026 to be between $27 billion and $29 billion.
- The company’s 2030 earnings plan has been revised upwards to $25 billion.
- The structural cost savings plan has increased by $2 billion, leading to cumulative savings.
- ExxonMobil projects a cumulative surplus cash flow of approximately $145 billion through 2030.
- The company aims to maintain its current pace of share buybacks, planning to repurchase $20 billion worth of shares this year and through to 2026.
- ExxonMobil is committed to investing around $20 billion in lower-emission projects from 2025 to 2030.
- The outlook for cash flow growth has been raised to $35 billion from 2024 to 2030.
- Production in the Permian Basin is expected to double by 2030.
- The company forecasts its capital expenditure to be between $28 billion and $32 billion annually from 2027 to 2030.
- ExxonMobil plans to invest $100 billion in major projects set to start by 2030.
- Earnings growth is anticipated to average 13% per year through 2030, with further cash flow and per-share growth driven by share repurchases.
- The target return on capital employed is set at over 17% by 2030.
- The low-carbon hydrogen market is developing slowly, causing a pause in the Baytown Low Carbon Hydrogen Project.
- The market for low-carbon data centers is expected to expand.
Exxon Mobil on Smartkarma
Analysts on Smartkarma are expressing positive sentiments towards Exxon Mobil, highlighting the company’s strong fundamentals and growth prospects. Jay Cameron‘s report, “Exxon Mobil: Navigating Volatility, Oil Majors,” emphasizes XOM’s record production growth and high cash flow from key basins as factors supporting a positive outlook.
Additionally, Baptista Research discusses ExxonMobil’s legal challenge against California’s climate disclosure laws in their report titled “Exxon Mobil Just Sued California—Here’s Why Every ESG Investor Should Be Watching!” Suhas Reddy‘s analysis, “Oil and Gas Giants Shift from Expansion to Discipline Amid Supply Glut and Cost Pressures,” underscores ExxonMobil’s resilience in the current industry retrenchment, attributing it to low debt and diversified assets.
A look at Exxon Mobil Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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, a global player in the petroleum and petrochemicals industry, is positioned with a mixed but steady outlook based on Smartkarma Smart Scores. With a Value score of 3, Exxon Mobil is considered to be trading at a reasonable valuation. Its Dividend score of 4 indicates a strong dividend-paying capability, which can be attractive to income-focused investors. In terms of Growth and Resilience, both scoring 3, the company shows moderate potential for future expansion and stability in challenging times. Additionally, with a Momentum score of 4, Exxon Mobil demonstrates strong positive price trends that could continue in the foreseeable future, indicating investor interest and potential further upside.
Overall, Exxon Mobil‘s Smartkarma Smart Scores paint a picture of a company that is moderately valued, offers a solid dividend yield, and shows promise for growth and resilience, with positive momentum in its stock performance. With its diverse operations spanning oil and gas exploration, power generation, and chemicals manufacturing, Exxon Mobil appears to be holding a balanced position in the competitive energy sector, poised to navigate both market challenges and opportunities in the long term.
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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