EXXONMOBIL

Analysis of ExxonMobil share price

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You are well aware that oil is currently attracting many investors due to its volatility and liquidity. The same goes for oil companies listed on the stock market, whose securities can be traded online. That's why we've compiled information on the ExxonMobil share and its main features, as well as its live price, for you to explore.

Latest news

Shareholders sanction ExxonMobil

27/04/2021 - 08h54

ExxonMobil's shareholders accuse the group of not investing enough in alternative energies and create concern on the stock markets. Let's review this important event.

Elements that can influence the price of this asset:

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.

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General presentation of ExxonMobil

The ExxonMobil Corporation is an American oil company organized into three activity hubs, the main of which handles refining and distributing petroleum. Next are the petrochemestry, exploration and hydrocarbon production activities.

The ExxonMobil group generates most of its turnover in the United States but also reaches the European market and Singapore.

The ExxonMobil share price is currently listed on the Main Market of the NYSE in the United States. It's also included the calculation of the Dow Jones index.

Analysis of ExxonMobil share price
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The major competitors of ExxonMobil

The ExxonMobil oil and gas corporation is one of the world leaders in this sector of activity. It's ranked among the 5 largest global oil companies and as such, must face competition from 4 other large groups trying to take market share from them on a daily basis. To help you in your fundamental analysis of the ExxonMobil share, check out who these competitors are right here.


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.

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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The content in question is provided for information purposes only and should not be considered as investment advice. Past performance is no guarantee of future results. The trading history is less than 5 years old and may not be sufficient to serve as a basis for an investment decision.

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