How to Buy Exxon Mobil Stock
Exxon Mobil Corp
Exxon Mobil is a oil & gas integrated company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker XOM on the NYSE exchange.
Exxon Mobil stock last closed at $117.67, down 0.2% from the previous day, and has increased 11.99% in one year. It has underperformed other stocks in the Oil & Gas Integrated industry by 0.06 percentage points. Exxon Mobil stock is currently +22.87% from its 52-week low of $95.77, and -4.91% from its 52-week high of $123.75.
At the moment, there are 3.94B XOM shares outstanding. The market capitalization of XOM is $463.97B. In the last 24 hours, 14.93M XOM shares were traded.
How to Buy Exxon Mobil Stock
Not sure how to invest in Exxon Mobil stock? Here's how.
- Figure out where to buy Exxon Mobil stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Exxon Mobil stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Analyze Exxon Mobil stock: The Exxon Mobil ticker symbol is XOM. Is Exxon Mobil stock a good investment? Should you buy shares of XOM? How do XOM's underlying business fundamentals look? Do top analysts think Exxon Mobil is a good buy? Why has XOM's stock price moved recently? (Hint: Our stock analysis website can help you decide if XOM is a good stock to buy).
- Execute your XOM purchase: Decide if you will purchase XOM shares at the current market price or use a limit order to purchase XOM stock at a particular price.
- Keep tabs on your XOM position: Create a watchlist to keep track of your position in Exxon Mobil shares.
Step 1: Figure out where to buy Exxon Mobil stock
You need an online brokerage account in order to access the NYSE market and buy XOM stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy XOM today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your investment account
Now that you've finished signing up on the best free stock trading app, you need to deposit funds:
Watch the tutorial below if you need help depositing money into your new brokerage account.
Step 4: Analyze Exxon Mobil stock
Once you have decided on the best place to buy Exxon Mobil stock, it's absolutely critical to analyze their stock before you buy, so you truly understand the risk as well as the upside.
Overview of key XOM info
Fundamentals of XOM
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on XOM's stock page.
Is XOM stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge XOM's fair value.
Using relative valuations ratios:
- XOM could be overvalued based on its P/E ratio of 14.42x, relative to Oil & Gas Integrated industry P/E ratio of 11.96x
- XOM may be overvalued based on its P/B ratio of 2.26x, relative to Oil & Gas Integrated industry P/B ratio of 1.66x
- XOM may be overvalued based on its PEG ratio of 1.35x
You can access additional valuation research on XOM's stock here.
XOM Financials at a glance
Pros:
- There are more short-term assets than short-term liabilities on the XOM balance sheet.
- There are more short-term assets than long-term liabilities on the XOM balance sheet.
- XOM's operating cash flow of $53.69B allows it to safely service it's debt of $40.44B.
- Total XOM debt is lower than 5 years ago, relative to shareholder equity.
- XOM earnings of $47.98B is not enough to cover its interest payments.
Cons:
- XOM profit margin has gone down from 15.1% to 9.6% in the past year.
- XOM has a relatively high debt to equity ratio of 0.8.
Do Wall Street analysts think it's a good time to buy XOM stock
Out of 13 sell side analysts who give forecasts on XOM, the consensus analyst rating on Exxon Mobil is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent XOM Analyst Ratings
Ryan Todd, a top 4% analyst from Piper Sandler maintains XOM with a strong buy rating and raises their XOM price target from $130.00 to $145.00, on Apr 18, 2024.
Piper Sandler's Ryan Todd raised their price target on Exxon Mobil (NYSE: XOM) by 11.5% from $130 to $145 on 2024/04/18. The analyst maintained their Strong Buy rating on the stock.
Previewing Q1 2024 earnings for names in their Energy (Integrated Oil & Gas), Todd reported that Piper Sandler sees IOCs (integrated oil & gas companies) "as increasingly well positioned within the sector."
Acknowledging that "near-term refining valuations probably got a bit overextended recently," the analyst argued that there is growing investor confidence in "higher for longer margins driven by continued market tightness into and beyond 2025, driving far more attractive and sustainable shareholder returns than appreciated."
Paul Cheng, a top 9% analyst from ScotiaBank maintains XOM with a hold rating and raises their XOM price target from $114.00 to $129.00, on Apr 11, 2024.
Betty Jiang, a bottom 10% analyst from Barclays initiates coverage on XOM with a strong buy rating and announces their XOM price target of $147.00, on Apr 10, 2024.
Neal Dingmann, a top 1% analyst from Truist Securities maintains XOM with a strong buy rating and raises their XOM price target from $140.00 to $146.00, on Apr 5, 2024.
Biraj Borkhataria, a top 35% analyst from RBC Capital reiterates XOM with a hold rating and maintains their XOM price target from $120.00 to $120.00, on Feb 5, 2024.
You can dig deeper into what analysts are forecasting on the Exxon Mobil stock forecast page.
XOM Technical Indicators
How is XOM performing as a company?
Last year, XOM earnings were $32.80B. In the past five year, XOM's earnings have grown by 13.46% per year. This was faster than the Oil & Gas Integrated industry average of 12.44%.
Last year, XOM revenue was $341.10B. During the last 5 year, XOM's revenue has increased by 3.61% per year. This was faster than the Oil & Gas Integrated industry average of 3.4%.
Learn more about XOM's earnings and revenue performance here.
Are XOM insiders buying or selling the stock?
In the past 12 months, insiders at XOM have sold more shares than they have bought.
Darrin L. Talley, Vice President of XOM, was the latest XOM insider to sell. They sold $288,730.39 worth of XOM stock on Apr 29, 2024.
Get more info about who owns XOM shares here.
Does XOM provide a stable income stream?
Exxon Mobil pays a dividend of 3.2%, compared to the Oil & Gas Integrated industry's average dividend yield of 5.34%. If you owned $1,000 of XOM stock, you would have been paid $31.95 in the past 12 months.
Exxon Mobil dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Exxon Mobil dividend yield and history here.
What do other traders have to say about XOM?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your XOM purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your XOM position
Now that you own some XOM stock, you'll want to keep up with your investment.
Make a watchlist to track the latest developments regarding your XOM stock.
XOM Feed
How to Buy Stock in Exxon Mobil
To reiterate, here are the 6 steps to buy stock in Exxon Mobil:
- Figure out where to buy Exxon Mobil stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Exxon Mobil stock
- Execute your XOM purchase
- Keep tabs on your XOM position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Exxon Mobil, create a watchlist on WallStreetZen today.
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