This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Five Must-Watch Earnings Releases

XOM Chart XOM data by YCharts
Exxon Mobil (XOM - Get Report)

Exxon Mobil engages in exploration and production of crude oil and natural gas, petroleum products, as well as transportation and petroleum products. Exxon Mobil trades an average of 12.1 million shares per day with a market cap of $416 billion

52 Week Range: $73.90 to $93.67

Book Value: $35.27

Price To Book: 2.6

Wall Street isn't expecting much this quarter. Earnings are expected to come in below a year ago. Earnings announcement is premarket on Nov. 1.

The consensus estimate is currently $1.96 a share, a decline of 17 cents (8%) from $2.13 a year earlier. Analysts' estimates range as low as $1.79 per share up to $2.09 per share. Exxon is consistent with hitting estimates, and I am not expecting much of a surprise one way or the other. The real mover is energy prices, not earnings releases. TheStreet's Glenn Williams writes about Exxon Mobil Energy Politics Boils Down to Oil and Taxes.

Exxon is rated hold by 13 of 24 analysts, while 11 recommend buying and none recommended selling. Analysts may have missed a good one. In the last 12 months, the shares have really moved higher. The one year return is 12%, although the average analyst target price for Exxon Mobil is $93.88.

The company currently pays $2.28 per share in dividends for a yield of 2.5%. With Exxon currently on sale, and even trading under $90 today, now may be the right time to allocate capital in the energy space. The economy may not pick up, but with the Middle East a never ending powder keg in a lightning storm, you never know what may happen.

Short sellers are next to impossible to find. Short interest is so low I only include it to demonstrate the smart money is not betting against this company, with only 0.9% of the float short based on the last reported numbers.

XOM Revenue Quarterly Chart XOM Revenue Quarterly data by YCharts
3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
PCS $11.84 0.00%
AIG $55.94 -1.15%
CHK $5.80 -11.99%
X $18.95 -6.65%
XOM $88.11 -1.14%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs