Exxon Mobil Corporation (NYSE:XOM) and Global Thermostat signed joint development agreement

Exxon Mobil Corporation (NYSE:XOM) and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. The companies will evaluate the potential scalability of Global Thermostat’s carbon capture technology for large industrial use. If technical readiness and scalability is established, pilot projects at ExxonMobil facilities could follow.



The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Exxon Mobil Corporation (NYSE:XOM) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. Exxon Mobil Corporation (NYSE:XOM) Diluted EPS is 4.34, whereas the EPS Estimate for next year is 5.37. The Annual EPS Growth of past 5 years is -8.20% and Exxon Mobil Corporation (NYSE:XOM) yearly performance is -6.22% and net profit margin is 6.70%. 

Key Performance indicators for Exxon Mobil Corporation (NYSE:XOM), in last 4 months the performance of XOM was -5.16% while its price to sale ratio is 1.19 and price to book ratio is 1.71. Company gross margin stands at 30.40% whereas its return on investment (ROI) is 4.80%. 

On 28 June 2019, Exxon Mobil Corporation (NYSE:XOM), a Basic Materials sector firm, traded 14.75 Million shares in last trading session and stock advanced 1.07% with closing price of $76.63 per share. with Exxon Mobil Corporation (NYSE:XOM) traded 14.75 Million shares. The XOM distance from 20 day simple moving average is 2.38% and distance from 50-Day simple moving average is 0.29%.The relative strength index for stock is 54.93 and Average true range of XOM is 1.08.


Analyst’s mean target price for XOM is $85.08 while analysts mean recommendation is 2.70. The Stock value has moved between $64.39 – 87.08 in last one year. XOM market capitalization is 327210.09 with beta of 0.97. Company has 0.09% insider ownership. 

Exxon Mobil Corporation (NYSE:XOM) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 3 of Thomson Reuters analysts, 14 given HOLD rating to the stock and 1 given UNDERPERFORM rating. Buy rating has been given by 3 analysts to the company stock.