Stock of the Day: Exxon Mobile Corporation (XOM) PDF Print E-mail
Stock of the Day - Daily Article
Written by MsEconometrica   
Saturday, 06 August 2011 02:18

Exxon Mobil Corporation:  (XOM)

Exxon and Mobil, two leading oil companies, have formed Exxon Mobile Corporation in 1999. Exxon Mobile Corporation is the world’s leader of publicly traded oil company. ExxonMobil provides oil and natural gas production, refining and marketing petroleum products, manufacturing of chemicals. The company also known as its three main brand names: Exxon, Esso and Mobil. Exxon Mobile operates in three segments: Upstream, Downstream and chemical. The company also has operations in Europe, Africa, Asia, United-States, Canada and Australia.  Exxon Mobile has always been aware of growing energy demand. As a result, Exxon invests for  improved technology to find additional resources and new ways. With the acquisition of XTO in June 2010, Exxon Mobile Corporation access to alternative resources. As a result, Exxon Mobile is getting newest energy discoveries on North America.

Exxon Mobile Corporation is a mega-cap company with its market capitalization of $368.57 billion. For the second quarter of 2011, Exxon reported earnings of $10.7 billion, representing a 41% increase from the second quarter of 2010. Exxon Mobile has a P/E ratio of 9.83 and forward P/E ratio of 8.31. Analysts expect XOM to have a 7.56% EPS growth in the next 5 years. With a profit margin of 8.84%, XOM offered 2.51% dividend last year. Exxon Mobile Corporation returned more than $7 billion to shareholders through dividends for the report of the second quarter of 2011. Exxon mobile has an impressive financial health for its fiscal 2011 results.

Last Updated on Saturday, 06 August 2011 02:29

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