Exxon Mobil Corporation (XOM) has been under a strong bear grip, hence the stock is down -1.68% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.05% in the past 1 week. The 4-week change in the price of the stock is -1.89% and the stock has fallen -0.6% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.17% and the fifty day Moving Average is 3.14%. Exxon Mobil Corporation has dropped 2.22% during the last three month period . Year-to-Date the stock performance stands at 14.89%.
Exxon Mobil Corporation (XOM) : The highest level Exxon Mobil Corporation (XOM) is projected to reach is $100 for the short term and the lowest estimate is at $74. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $92.18 and the possibility the share price can swing is $8.12.
Exxon Mobil Corporation (NYSE:XOM): On Fridays trading session , Opening price of the stock was $87.63 with an intraday high of $88.11. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $87. However, the stock managed to close at $87.27, a loss of 0.22% for the day. On the previous day, the stock had closed at $87.46. The total traded volume of the day was 6,474,424 shares.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.