UPDATE: Exxon Mobil (XOM) Tops Q1 EPS by 7c; Revs Light; Production Slips
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Go back to UPDATE: Exxon Mobil (XOM) Tops Q1 EPS by 7c; Revs Light; Production Slips
April 26, 2013 1:55 PM EDT
With $7.6 billion in Q1 buybacks and dividends, Exxon Mobil's (NYSE: XOM) capital returns stand out as a one of the companys most attractive qualities. Exxon recently increase its dividend to $0.63, a significant raise compared to last year. In addition, it purchased $5 billion in outstanding shares through March.
With this in mind, Cowen analyst Asit Sen thinks the stock's underperformance is "unwarranted," and he thinks... More
April 26, 2013 8:35 AM EDT
ISI Group downgraded ExxonMobil (NYSE: XOM) from Buy to Neutral.
For an analyst ratings summary and ratings history on ExxonMobil click here. For more ratings news on ExxonMobil click here.
Shares of ExxonMobil closed at $88.07 yesterday, with a 52 week range of $77.13-$93.67.... More
