Exxon (XOM) Investors Brace on Uncertain Demand, Crude Prices into Q4 Results
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Price: $121.12 +0.06%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 3.2%
EPS Growth %: -21.9%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 3.2%
EPS Growth %: -21.9%
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Exxon Mobil (NYSE: XOM) shares are lower late Thursday heading into the close, with the energy titan expected to report fourth-quarter results Friday morning.
Consensus estimates currently have Exxon reporting EPS of $2.00, from $1.97 reported in the same period last year. Revs should fall just over five percent to $115.22 billion.
Exxon is seeing some positive money flow, with $23.1 million being put into uptick trades, or a ratio of 1.18 times.
No longer on the line is title of "World's Most Valuable Company," with Apple (Nasdaq: AAPL) reclaiming that honor with its slight move to the upside earlier in the week. Exxon's market cap of $410 billion compares with Apple at about $428 billion.
Exxon generally isn't a quick mover following a strong earnings report and flattish crude prices through the quarter along with uncertainty in the U.S. consumer heading into the fiscal cliff expiration at the end of December might mean demand and pricing weren't in Exxon's favor.
Exxon is down 0.8 percent with light volume on the session.
Consensus estimates currently have Exxon reporting EPS of $2.00, from $1.97 reported in the same period last year. Revs should fall just over five percent to $115.22 billion.
Exxon is seeing some positive money flow, with $23.1 million being put into uptick trades, or a ratio of 1.18 times.
No longer on the line is title of "World's Most Valuable Company," with Apple (Nasdaq: AAPL) reclaiming that honor with its slight move to the upside earlier in the week. Exxon's market cap of $410 billion compares with Apple at about $428 billion.
Exxon generally isn't a quick mover following a strong earnings report and flattish crude prices through the quarter along with uncertainty in the U.S. consumer heading into the fiscal cliff expiration at the end of December might mean demand and pricing weren't in Exxon's favor.
Exxon is down 0.8 percent with light volume on the session.
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