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4-Traders Homepage  >  Equities  >  Nyse  >  Exxon Mobil Corporation    XOM

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Exxon Mobil Corporation : Exxon quarterly profit up slightly

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04/25/2013 | 03:03pm CEST
The Exxon corporate logo is pictured at one of the company's gas stations in Arlington

Exxon Mobil Corp said on Thursday its quarterly profit edged up, helped by higher earnings in its chemicals business but oil and gas production fell.

Earnings per share topped Wall Street expectations but the gains largely came after a big stock buyback that reduced the number of outstanding shares by 5 percent.

"Their reliance on share buybacks mutes the earnings per share beat," said Brian Youngberg, energy company analyst at Edward Jones in St Louis. "I'd rather see them give the cash to shareholders in the form of a dividend increase."

First-quarter profit for the world's largest publicly traded oil company totaled $9.5 billion, or $2.12 per share, compared with $9.45 billion, or $2 per share, a year earlier.

Analysts, on average, expected the Irving, Texas, company to report a profit of $2.05 per share.

Total oil and natural gas production declined 3.5 percent to 4.395 million barrels oil equivalent per day from the same quarter a year ago.

Profit in Exxon's exploration and production unit fell about 10 percent to $7 billion, but low natural gas prices in North American led to an 62 percent increase in profit in its chemicals business.

Shares of Exxon fell 0.6 percent to $88.91 in premarket trade.

(Reporting by Anna Driver; Editing by Gerald E. McCormick and Jeffrey Benkoe)

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Financials ($)
Sales 2017 258 B
EBIT 2017 20 510 M
Net income 2017 14 644 M
Debt 2017 38 811 M
Yield 2017 3,83%
P/E ratio 2017 22,96
P/E ratio 2018 20,44
EV / Sales 2017 1,46x
EV / Sales 2018 1,34x
Capitalization 339 B
Chart EXXON MOBIL CORPORATION
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Exxon Mobil Corporation Technical Analysis Chart | XOM | US30231G1022 | 4-Traders
Technical analysis trends EXXON MOBIL CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 26
Average target price 82,2 $
Spread / Average Target 2,9%
EPS Revisions
Managers
NameTitle
Darren W. Woods Chairman, President & Chief Executive Officer
Andrew P. Swiger Chief Financial Officer & Senior VP
Michael J. Boskin Independent Director
Samuel J. Palmisano Independent Director
Steven S. Reinemund Independent Director
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