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Exxon Mobil

DB:XONA
Snowflake Description

Undervalued average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XONA
DB
$175B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/other Americas, Europe, Africa, Asia, and Australia/Oceania. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Exxon Mobil has significant price volatility in the past 3 months.
XONA Share Price and Events
7 Day Returns
15%
DB:XONA
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-46%
DB:XONA
34.4%
DE Oil and Gas
-14.2%
DE Market
XONA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Exxon Mobil (XONA) 15% 3.5% -37.1% -46% -49.8% -52.7%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • XONA underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • XONA underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
XONA
Industry
5yr Volatility vs Market

Value

 Is Exxon Mobil undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Exxon Mobil to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Exxon Mobil.

DB:XONA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:XONA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.972 (1 + (1- 21%) (30.23%))
1.137
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.137 * 5.44%)
5.79%

Discounted Cash Flow Calculation for DB:XONA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Exxon Mobil is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:XONA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.79%)
2020 2,608.80 Analyst x5 2,465.91
2021 7,404.17 Analyst x6 6,615.30
2022 9,086.50 Analyst x2 7,673.74
2023 15,172.00 Analyst x1 12,111.28
2024 17,510.00 Analyst x1 13,212.05
2025 19,099.45 Est @ 9.08% 13,622.03
2026 20,290.71 Est @ 6.24% 13,679.02
2027 21,152.87 Est @ 4.25% 13,479.19
2028 21,757.27 Est @ 2.86% 13,104.96
2029 22,166.98 Est @ 1.88% 12,620.45
Present value of next 10 years cash flows $108,583.00
DB:XONA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $22,166.98 × (1 + -0.39%) ÷ (5.79% – -0.39%)
$357,029.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $357,029.00 ÷ (1 + 5.79%)10
$203,269.27
DB:XONA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $108,583.00 + $203,269.27
$311,852.27
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $311,852.27 / 4,232.19
$73.69
DB:XONA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:XONA represents 0.95017x of NYSE:XOM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.95017x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 73.69 x 0.95017
€70.01
Value per share (EUR) From above. €70.01
Current discount Discount to share price of €39.19
= -1 x (€39.19 - €70.01) / €70.01
44%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Exxon Mobil is available for.
Intrinsic value
44%
Share price is €39.19 vs Future cash flow value of €70.01
Current Discount Checks
For Exxon Mobil to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Exxon Mobil's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Exxon Mobil's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Exxon Mobil's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Exxon Mobil's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:XONA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $3.36
NYSE:XOM Share Price ** NYSE (2020-04-08) in USD $41.24
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Exxon Mobil.

DB:XONA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:XOM Share Price ÷ EPS (both in USD)

= 41.24 ÷ 3.36

12.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exxon Mobil is overvalued based on earnings compared to the Europe Oil and Gas industry average.
  • Exxon Mobil is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Exxon Mobil's expected growth come at a high price?
Raw Data
DB:XONA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
26.2%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

DB:XONA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.28x ÷ 26.2%

0.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exxon Mobil is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Exxon Mobil's assets?
Raw Data
DB:XONA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $45.26
NYSE:XOM Share Price * NYSE (2020-04-08) in USD $41.24
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:XONA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:XOM Share Price ÷ Book Value per Share (both in USD)

= 41.24 ÷ 45.26

0.91x

* Primary Listing of Exxon Mobil.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exxon Mobil is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Exxon Mobil's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Exxon Mobil has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Exxon Mobil expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Exxon Mobil expected to grow at an attractive rate?
  • Exxon Mobil's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Exxon Mobil's earnings growth is expected to exceed the Germany market average.
  • Exxon Mobil's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:XONA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:XONA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 26.2%
DB:XONA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts -2.8%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:XONA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:XONA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 40,323 22,534
2023-12-31 37,935 18,561
2022-12-31 250,539 38,783 14,823 3
2021-12-31 223,278 29,046 6,637 6
2020-12-31 211,915 21,277 1,170 6
2020-04-08
DB:XONA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 255,583 29,716 14,340
2019-09-30 260,812 31,971 14,650
2019-06-30 271,577 34,000 17,720
2019-03-31 275,542 35,833 18,540
2018-12-31 279,332 36,014 20,840
2018-09-30 276,391 34,818 23,220
2018-06-30 261,554 31,245 20,950
2018-03-31 246,124 30,412 20,350
2017-12-31 237,162 30,066 19,710
2017-09-30 227,563 30,051 13,010
2017-06-30 220,350 27,871 11,690
2017-03-31 215,810 25,443 10,040

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Exxon Mobil's earnings are expected to grow significantly at over 20% yearly.
  • Exxon Mobil's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:XONA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Exxon Mobil Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XONA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 5.32 5.54 5.10 2.00
2023-12-31 4.38 5.00 3.75 2.00
2022-12-31 3.79 5.34 1.39 6.00
2021-12-31 1.65 4.18 -0.20 11.00
2020-12-31 0.61 2.79 -0.84 10.00
2020-04-08
DB:XONA Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 3.36
2019-09-30 3.43
2019-06-30 4.15
2019-03-31 4.34
2018-12-31 4.88
2018-09-30 5.44
2018-06-30 4.91
2018-03-31 4.77
2017-12-31 4.63
2017-09-30 3.07
2017-06-30 2.78
2017-03-31 2.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Exxon Mobil is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Exxon Mobil's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Exxon Mobil has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Exxon Mobil performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Exxon Mobil's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Exxon Mobil's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Exxon Mobil's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Exxon Mobil's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Exxon Mobil's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Exxon Mobil Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XONA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 255,583.00 14,340.00 13,437.00
2019-09-30 260,812.00 14,650.00 13,561.00
2019-06-30 271,577.00 17,720.00 13,643.00
2019-03-31 275,542.00 18,540.00 13,803.00
2018-12-31 279,332.00 20,840.00 13,766.00
2018-09-30 276,391.00 23,220.00 14,131.00
2018-06-30 261,554.00 20,950.00 14,031.00
2018-03-31 246,124.00 20,350.00 13,887.00
2017-12-31 237,162.00 19,710.00 13,683.00
2017-09-30 227,563.00 13,010.00 12,716.00
2017-06-30 220,350.00 11,690.00 12,388.00
2017-03-31 215,810.00 10,040.00 11,990.00
2016-12-31 200,628.00 7,840.00 13,250.00
2016-09-30 198,234.00 8,940.00 12,070.00
2016-06-30 205,963.00 10,530.00 12,298.00
2016-03-31 219,872.00 13,020.00 12,408.00
2015-12-31 241,406.00 16,150.00 12,484.00
2015-09-30 261,821.00 19,940.00 12,585.00
2015-06-30 297,642.00 23,770.00 12,782.00
2015-03-31 330,095.00 28,360.00 13,246.00
2014-12-31 364,763.00 32,520.00 13,671.00
2014-09-30 385,786.00 34,300.00 13,868.00
2014-06-30 390,607.00 34,100.00 14,016.00
2014-03-31 388,257.00 32,180.00 14,073.00
2013-12-31 390,247.00 32,580.00 14,187.00
2013-09-30 393,301.00 34,180.00 13,946.00
2013-06-30 395,645.00 35,880.00 14,272.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Exxon Mobil has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Exxon Mobil used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Exxon Mobil has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Exxon Mobil's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Exxon Mobil has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Exxon Mobil's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Exxon Mobil's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Exxon Mobil's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Exxon Mobil's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Exxon Mobil's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Exxon Mobil Company Filings, last reported 3 months ago.

DB:XONA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 198,938.00 45,166.00 3,089.00
2019-09-30 197,109.00 45,696.00 5,351.00
2019-06-30 198,465.00 43,725.00 4,213.00
2019-03-31 198,021.00 39,350.00 4,586.00
2018-12-31 198,528.00 36,493.00 3,042.00
2018-09-30 196,831.00 38,688.00 5,669.00
2018-06-30 193,533.00 39,782.00 3,430.00
2018-03-31 194,911.00 39,258.00 4,125.00
2017-12-31 194,500.00 41,009.00 3,177.00
2017-09-30 189,198.00 39,264.00 4,266.00
2017-06-30 185,838.00 41,935.00 4,042.00
2017-03-31 183,771.00 42,390.00 4,897.00
2016-12-31 173,830.00 41,537.00 3,657.00
2016-09-30 177,010.00 44,926.00 5,093.00
2016-06-30 176,875.00 44,471.00 4,358.00
2016-03-31 178,498.00 43,108.00 4,846.00
2015-12-31 176,810.00 37,449.00 3,705.00
2015-09-30 176,839.00 34,312.00 4,296.00
2015-06-30 178,998.00 33,840.00 4,343.00
2015-03-31 177,446.00 32,771.00 5,184.00
2014-12-31 181,064.00 28,746.00 4,616.00
2014-09-30 187,495.00 21,834.00 4,962.00
2014-06-30 188,131.00 21,765.00 6,083.00
2014-03-31 182,891.00 21,367.00 5,601.00
2013-12-31 180,495.00 22,324.00 4,644.00
2013-09-30 175,478.00 21,293.00 5,310.00
2013-06-30 171,588.00 19,357.00 4,609.00
  • Exxon Mobil's level of debt (22.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (15.9% vs 22.7% today).
  • Debt is well covered by operating cash flow (65.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14x coverage).
X
Financial health checks
We assess Exxon Mobil's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Exxon Mobil has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Exxon Mobil's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.44%
Current annual income from Exxon Mobil dividends. Estimated to be 8.7% next year.
If you bought €2,000 of Exxon Mobil shares you are expected to receive €169 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Exxon Mobil's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • Exxon Mobil's dividend is above the markets top 25% of dividend payers in Germany (4.61%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:XONA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:XONA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 3.68 10.00
2021-12-31 3.59 17.00
2020-12-31 3.53 17.00
2020-04-08
DB:XONA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-01-29 3.480 7.520
2019-10-30 3.480 5.038
2019-07-31 3.480 4.988
2019-04-24 3.480 4.588
2019-01-30 3.280 4.137
2018-10-31 3.280 4.397
2018-07-25 3.280 4.019
2018-04-25 3.280 4.046
2018-01-31 3.080 4.026
2017-10-25 3.080 3.660
2017-07-26 3.080 3.855
2017-04-26 3.080 3.781
2017-01-25 3.000 3.646
2016-10-26 3.000 3.436
2016-07-27 3.000 3.454
2016-04-27 3.000 3.302
2016-01-27 2.920 3.540
2015-10-28 2.920 3.707
2015-07-29 2.920 3.827
2015-04-29 2.920 3.451
2015-01-28 2.760 3.163
2014-10-29 2.760 2.979
2014-07-30 2.760 2.866
2014-04-30 2.760 2.701
2014-01-29 2.520 2.638
2013-10-30 2.520 2.624
2013-07-31 2.520 2.862
2013-04-24 2.520 2.758
2013-01-30 2.280 2.563
2012-10-31 2.280 2.572
2012-07-25 2.280 2.543
2012-04-25 2.280 2.740
2012-01-25 1.880 2.197
2011-10-26 1.880 2.313
2011-07-27 1.880 2.534
2011-04-27 1.880 2.296
2011-01-26 1.760 2.102
2010-10-27 1.760 2.436
2010-07-28 1.760 2.842
2010-04-28 1.760 2.879
2010-01-27 1.680 2.518
2009-10-28 1.680 2.362
2009-07-29 1.680 2.400
2009-04-29 1.680 2.406

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Exxon Mobil's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Exxon Mobil's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Exxon Mobil afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Exxon Mobil has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Exxon Mobil's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Woods
COMPENSATION $18,777,787
AGE 54
TENURE AS CEO 3.3 years
CEO Bio

Mr. Darren W. Woods has been the Chairman and Chief Executive Officer at Exxon Mobil Corporation since January 1, 2017. Mr. Woods served as President of Exxon Mobil Corporation since January 1, 2016. He served as Senior Vice President of Exxon Mobil Corporation since June 1, 2014 until January 1, 2016. Mr. Woods served as a Vice President of Exxon Mobil Corporation from August 1, 2012 to May 31, 2014. He served as the President of ExxonMobil Refining & Supply Company from August 1, 2012 to July 31, 2014. He served as Vice President of Supply & Transportation at ExxonMobil Refining & Supply Company from 2010 to July 2012. Mr. Woods served as Vice President of Adhesion Industry Global Business Unit at ExxonMobil Chemical Company, Inc. since 2005 and its vice president for Specialty Elastomers since 2007. He joined Exxon Company International in 1992 and had assignments in planning, supply and new business development at Exxon Company International headquarters in New Jersey before moving to the United Kingdom in 1995, where he held positions in refinery operations, retail and supply and distribution. In 2001, he became manager of Investor Relations atExxon Mobil Corporation and in 2002 became manager of Joliet refinery outside Chicago, IL. He was appointed as director of refining for Europe, Africa and the Middle East for ExxonMobil Refining & Supply Company in 2008. He has been an Executive Director of Exxon Mobil Corporation since January 1, 2016. Mr. Woods served as a Non-Independent Director of Imperial Oil Ltd. since April 25, 2013 until July 29, 2014. Mr. Woods served as a Director of Saudi Aramco Mobil Refinery Company Ltd. Mr. Woods holds a Bachelor's Degree in Electrical Engineering from Texas A&M University and an Master's Degree in Business Administration from Northwestern University's Kellogg School of Management.

CEO Compensation
  • Darren's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Darren's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Exxon Mobil management team in years:

3.3
Average Tenure
57
Average Age
  • The tenure for the Exxon Mobil management team is about average.
Management Team

Darren Woods

TITLE
Chairman & CEO
COMPENSATION
$19M
AGE
54
TENURE
3.3 yrs

Andy Swiger

TITLE
Senior VP & Principal Financial Officer
COMPENSATION
$12M
AGE
62
TENURE
7.3 yrs

Neil Chapman

TITLE
Senior Vice President
COMPENSATION
$10M
AGE
57
TENURE
2.3 yrs

Jack Williams

TITLE
Senior Vice President
COMPENSATION
$9M
AGE
55
TENURE
5.8 yrs

Neil Duffin

TITLE
President of ExxonMobil Global Projects Company
COMPENSATION
$8M
AGE
62
TENURE
3.3 yrs

Stephen Littleton

TITLE
VP of Investor Relations & Corporate Secretary
TENURE
0.1 yrs

Randall Ebner

TITLE
VP & General Counsel
AGE
63
TENURE
3.4 yrs

Suzanne McCarron

TITLE
Vice President of Public & Government Affairs
TENURE
4.3 yrs

Tracey Gunnlaugsson

TITLE
Vice President of Human Resources
TENURE
1.7 yrs

James Spellings

TITLE
VP, Treasurer & General Tax Counsel
AGE
57
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Exxon Mobil board of directors in years:

4.6
Average Tenure
65.5
Average Age
  • The tenure for the Exxon Mobil board of directors is about average.
Board of Directors

Darren Woods

TITLE
Chairman & CEO
COMPENSATION
$19M
AGE
54
TENURE
3.3 yrs

Sam Palmisano

TITLE
Independent Non-Executive Director
COMPENSATION
$331K
AGE
68
TENURE
14.3 yrs

Ken Frazier

TITLE
Independent Non-Executive Director
COMPENSATION
$321K
AGE
64
TENURE
10.9 yrs

Ursula Burns

TITLE
Independent Non-Executive Director
COMPENSATION
$331K
AGE
60
TENURE
7.4 yrs

Steve Reinemund

TITLE
Presiding Director
COMPENSATION
$331K
AGE
71
TENURE
4.3 yrs

Bill Weldon

TITLE
Independent Non-Executive Director
COMPENSATION
$321K
AGE
70
TENURE
6.9 yrs

Doug Oberhelman

TITLE
Independent Non-Executive Director
COMPENSATION
$321K
AGE
65
TENURE
4.9 yrs

Bray Braly

TITLE
Independent Non-Executive Director
COMPENSATION
$321K
AGE
58
TENURE
3.9 yrs

Susan Avery

TITLE
Independent Non-Executive Director
COMPENSATION
$321K
AGE
69
TENURE
3.2 yrs

Steve Kandarian

TITLE
Independent Non-Executive Director
COMPENSATION
$807K
AGE
66
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Exxon Mobil individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
19. Mar 20 Buy Andrew Swiger Individual 19. Mar 20 19. Mar 20 30,000 €31.56 €946,873
18. Mar 20 Buy Neil Duffin Individual 18. Mar 20 18. Mar 20 30,000 €33.60 €1,007,973
13. Mar 20 Buy William Weldon Individual 06. Mar 20 09. Mar 20 8,771 €42.07 €350,794
11. Feb 20 Buy Darren Woods Individual 10. Feb 20 10. Feb 20 2,858 €54.87 €156,747
11. Dec 19 Sell Neil Hansen Individual 10. Dec 19 10. Dec 19 -3,630 €63.09 €-229,020
11. Dec 19 Sell Bryan Milton Individual 10. Dec 19 10. Dec 19 -13,569 €62.58 €-849,205
09. Dec 19 Sell James Spellings Individual 06. Dec 19 06. Dec 19 -9,723 €62.67 €-609,355
09. Dec 19 Sell Theodore Wojnar Individual 05. Dec 19 05. Dec 19 -9,831 €62.07 €-610,204
06. Dec 19 Sell Robert Schleckser Individual 04. Dec 19 04. Dec 19 -7,989 €61.88 €-494,323
06. Dec 19 Sell David Rosenthal Individual 04. Dec 19 04. Dec 19 -9,615 €61.48 €-591,176
22. Nov 19 Sell Liam Mallon Individual 20. Nov 19 20. Nov 19 -32,287 €61.69 €-1,991,683
06. Aug 19 Sell Robert Schleckser Individual 05. Aug 19 05. Aug 19 -9,345 €63.32 €-591,695
16. May 19 Sell Bryan Milton Individual 15. May 19 15. May 19 -6,033 €68.14 €-411,096
X
Management checks
We assess Exxon Mobil's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Exxon Mobil has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals. As of December 31, 2019, it had approximately 23,857 net operated wells with proved reserves of 22.4 billion oil-equivalent barrels. The company was founded in 1870 and is based in Irving, Texas.

Details
Name: Exxon Mobil Corporation
XONA
Exchange: DB
Founded: 1870
$160,258,538,596
4,232,190,744
Website: http://corporate.exxonmobil.com
Address: Exxon Mobil Corporation
5959 Las Colinas Boulevard,
Irving,
Texas, 75039-2298,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE XOM Common Shares New York Stock Exchange US USD 02. Jan 1968
DB XONA Common Shares Deutsche Boerse AG DE EUR 02. Jan 1968
XTRA XONA Common Shares XETRA Trading Platform DE EUR 02. Jan 1968
LSE 0R1M Common Shares London Stock Exchange GB USD 02. Jan 1968
SWX XOM Common Shares SIX Swiss Exchange CH CHF 02. Jan 1968
WBAG XOM Common Shares Wiener Boerse AG AT EUR 02. Jan 1968
SNSE XOM Common Shares Santiago Stock Exchange CL USD 02. Jan 1968
BVC XOM Common Shares Bolsa de Valores de Colombia CO COP 02. Jan 1968
KAS US_XOM_ Common Shares Kazakhstan Stock Exchange KZ KZT 02. Jan 1968
BMV XOM * Common Shares Bolsa Mexicana de Valores MX MXN 02. Jan 1968
BVL XOM Common Shares Bolsa de Valores de Lima PE USD 02. Jan 1968
ETLX XOM-U Common Shares Eurotlx IT EUR 02. Jan 1968
BOVESPA EXXO34 BDR EACH REPR 1/4 COM NPV Bolsa de Valores de Sao Paulo BR BRL 29. Dec 2011
BASE XOM CEDEAR EACH 5 REP 1 CAP NPV Buenos Aires Stock Exchange AR ARS 11. Jan 2001
Number of employees
Current staff
Staff numbers
74,900
Exxon Mobil employees.
Industry
Integrated Oil and Gas
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 20:58
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/04/08
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.