Exxon Mobil Corporation (XOM): Today's Featured Energy Loser

Exxon Mobil Corporation (XOM) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day down 2.1%. By the end of trading, Exxon Mobil Corporation fell 63 cents (-0.8%) to $79.53 on light volume. Throughout the day, 14.9 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 23 million shares. The stock ranged in price between $79.38-$80.46 after having opened the day at $80.24 as compared to the previous trading day's close of $80.16. Other company's within the Energy industry that declined today were: Blue Dolphin Energy Company (BDCO), down 13.9%, Delta Petroleum Corporation (DPTR), down 12.2%, GeoGlobal Resources (GGR), down 10%, and GMX Resources (GMXR), down 9.2%.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. Exxon Mobil Corporation has a market cap of $383.6 billion and is part of the basic materials sector. The company has a P/E ratio of 9.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 9.7% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Exxon Mobil Corporation a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Cano Petroleum (CFW), up 11%, New Concept Energy (GBR), up 4.3%, PrimeEnergy (PNRG), up 4%, and Pacific Drilling (PACD), up 4%, were all gainers within the energy industry with Enbridge (ENB) being today's featured energy industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

For more information on Exxon Mobil Corporation click any of the following:

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Latest Trade Alerts

See all

Articles From