ExxonMobil shares: Price analysis before buying or selling

Can I receive dividends when I buy ExxonMobil shares?

Yes

What is ExxonMobil's capitalisation?

Consult the capitalisation

ISIN code: US30231G1022

Ticker: NYSE: XOM

Index or market: NYSE

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Elements to consider before selling or buying ExxonMobil shares

Analysis N°1

The level of international demand for shale gas is obviously an influencing factor for the group's activities.

Analysis N°2

The same goes for the global overall energy demand which should also be monitored and depends largely on economic activity.

Analysis N°3

The various partnerships set up by the ExxonMobil group are important elements for the future of the company and should be the subject of your full attention.

Analysis N°4

The activities of the ExxonMobil group are also very dependent on political, social and economic instability within regions in which oil is produced. So keeping an eye on significant news from the countries in question is important.

Analysis N°5

Finally, the introduction of tougher environmental laws could harm the activities of the group and should be taken seriously.

Analysis before buying or selling ExxonMobil shares

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General presentation of ExxonMobil

ExxonMobil is one of the world's leading oil companies, with operations spanning the entire oil and gas value chain. The company is organised into three business segments: refining and marketing, petrochemicals, and hydrocarbon exploration and production.

The refining and distribution division, which accounts for nearly 80% of the group's turnover, manages a large network of service stations under various brands, such as Exxon, Mobil and Esso, and markets more than 5 million barrels of petroleum products daily.

The petrochemicals division produces a wide range of chemical products for various industries such as pharmaceuticals, cosmetics, textiles and electrical goods. In 2021, the group sold more than 26 million tonnes of polymers, elastomers, aromatics and other petrochemical products.

The hydrocarbon exploration and production business is the smallest in terms of revenue, but remains a key factor in ExxonMobil's business as the world's largest producer of crude oil. The company operates oil and gas fields around the world, producing more than 2 million barrels of oil and 241 million cubic metres of natural gas daily.

With a geographic distribution of revenues primarily in the United States, Canada, Singapore, the United Kingdom, France, Italy, Belgium and Australia, ExxonMobil has a global presence and is a major player in the oil industry.

Photo credits: ©askarimullin/123RF.COM

The major competitors of ExxonMobil

It is also important to know the major competitors that ExxonMobil currently faces in its industry in order to make an accurate analysis of this stock before buying or selling it. Here are its biggest current opponents.

Royal Dutch Shell

also known as Shell, is an Anglo-Dutch oil and gas company. It is one of the world's largest energy companies and has a global presence in over 70 countries.

BP

BP (formerly British Petroleum) is a British oil and gas company with operations around the world. It is also one of the six largest oil and gas companies in the world.

Chevron

Chevron is an American oil and gas company that operates in more than 180 countries around the world. It is one of the world's largest energy companies and is active in the production, refining and sale of oil and natural gas.

TotalEnergies

formerly Total, is a French oil and gas company with activities in over 130 countries. It is also involved in the exploration, production, refining and marketing of oil and natural gas.

ConocoPhillips

an American oil and gas company that is active in the exploration, production, refining and marketing of oil and natural gas. It is also involved in the production of chemicals and lubricants.

Eni

an Italian oil and gas company that is active in more than 70 countries around the world. It is involved in the exploration, production, refining and marketing of oil and natural gas, as well as the production of chemicals and lubricants.

The major partners of ExxonMobil

ExxonMobil has also developed various strategic partnerships with certain large companies in recent years, which has enabled it to develop around the world and improve its reputation. Here are some tangible examples of alliances in place.

Air Liquide

In 2005, the Esso subsidiary of the ExxonMobil group signed a partnership with the Air Liquide group aimed towards the reduction of polluting emissions from fuels.

Toyota

A sports partnership brought ExxonMobil and the Toyota group together during the Dakar Rally 2010.

RedBull

In 2016 in the Formula 1 field, ExxonMobil became an official partner of the RedBull group team.

Porsche

Finally, and for over twenty years, ExxonMobil has been working in research and development with the Porsche group in order to develop innovative engine oils. This partnership was recently renewed until 2021.

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The factors in favour of a rise in the ExxonMobil share price:

First of all, it is of course an undeniable advantage that the ExxonMobil group enjoys a very high popularity throughout the world. Indeed, it is one of the strongest brands but also one of the largest companies in the world. ExxonMobil is also one of the leaders in its sector, which gives it additional strength.

Another major strength of ExxonMobil is its ability to innovate. Every year, the company invests a large amount of money in research and development in order to develop new innovative products and services that will effectively meet the needs of consumer customers. It is also worth mentioning here that ExxonMobil regularly carries out buy-outs of smaller companies that allow it to position itself in new segments and thus increase its capacity for innovation. In this highly competitive sector, this capacity to innovate is of course a real asset that allows ExxonMobil to maintain its positioning.

It goes without saying that the financial performance of this company is one of the elements most appreciated by investors and shareholders. Indeed, the group is showing very interesting results over the long term, which is reassuring in terms of the future profitability and growth capacity of this company.

It should also be noted here that the ExxonMobil Group is a multinational company with operations throughout the world. To do so, it operates numerous oil refineries, 37 in total, in more than 21 different countries, enabling it to deliver its hydrocarbons anywhere in the world with the lowest possible transport costs.

Finally, one of the group's major strengths is of course its very impressive workforce of more than 83,000 employees worldwide. The number of employees in a company is indeed one of the most important selection criteria that traders use to buy shares on the stock market because it reflects the economic health of that company and its production capacity.

The factors in favour of a drop in the ExxonMobil share price:

First of all, and in view of the strong international presence of this group, ExxonMobil faces certain difficulties in managing its employees around the world, with regulations that of course differ from one country to another and the cost that this represents. Indeed, legal and human rights issues are a real threat to the group, which could suffer the negative effects of certain social scandals on the working conditions of employees in certain countries. Of course, this would weigh on ExxonMobil's brand image and could push investors to sell their shares.

The environmental issue is also at the heart of this business sector, which is strongly criticized for the environmental impact of some of its specific activities. In particular, the dangers of oil spill risks are something ExxonMobil must be wary of in order to maintain profitability and the confidence of investors and shareholders.

Finally, ExxonMobil also suffers from a poor public image after it has been placed at the centre of certain fraud and corruption cases in its global operations. A conviction could result in serious losses to the group through the fines it would be required to pay.

The information supplied here is only for indicative purposes and should not be used without the completion of a comprehensive and complete fundamental analysis of this asset notably taking into account exterior data, future publications and announcements and all fundamental events and news that could influence the strengths and weaknesses or make them more or less significant. This information does not in any way constitute recommendations relating to the completion of transactions or a solicitation to buy or sell an asset.

Frequently Asked Questions

What are the key historical dates of the ExxonMobil Company?

There are a number of important dates in the history of the ExxonMobil Group that you should know, of which the details are as follows. Firstly, the Standard Oil Company, or SO, was originally created in 1870. This was disbanded by the Supreme Court in 1911 into 34 independent companies including the Standard Oil Company of New Jersey, or SONJ, which became Exxon and the Standard Oil Company of New York which became Mobil. In 1966 the Socony Company became known as the Mobil Oil Corporation. In 1972 SONJ became the Exxon Corporation and finally in 1999 Exxon and Mobil merged to become the ExxonMobil Company.

Which are the current major shareholders of the ExxonMobil Company?

Among the shareholders of the ExxonMobil Group there are a number of significant private shareholders of which the details are as follows: The Vanguard Group with 8.08%, SSgA Funds Management with 4.74%, BlackRock Fund Advisors with 2.44%, Putnan holds 1.73%, Capital Research & Management holds 1.45%, Geode Capital management with 1.39%, Northern Trust Investments holds 1.37%, Capital Research & Management owns 1.33%, Wellington Management owns 1.25% et Fidelity Management & Research holds 0.98%.

Which online brokers offer trading in ExxonMobil shares?

Regarding the strong renown of the ExxonMobil Group and its stock market capital which is one of the highest worldwide, the vast majority of CFD brokers online offer you access to trade in this asset on the stock markets. You can therefore find ExxonMobil shares on the vast majority of the approved online market trading platforms.

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Analysis before buying or selling ExxonMobil shares