Exxon Mobil Corporation (NYSE:XOM) is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said. Two years ago the U.S. major – the world’s largest oil company – sold its operated assets in the area. But it has retained stakes in more than 20 other fields, including Equinor-operated Snorre and Shell-operated Ormen Lange. “Following interest expressed by several parties, Exxon Mobil has decided to open a data room to test the market interest for the upstream portfolio in Norway,” Anne Fougner said, adding that no decision to sell had yet been made.
Technical Stock Analysis
Exxon Mobil Corporation (NYSE:XOM), a Basic Materials sector firm, traded 22.91 Million shares in last trading session and stock popped up 1.41% with closing price of $77.69 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Exxon Mobil Corporation (NYSE:XOM)’s gross margin stands at 30.40%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Exxon Mobil Corporation (NYSE:XOM)’s profitability or to compare the efficiency of different investments, hence, XOM return on investment (ROI) is 4.80%.
52-Week Range
52-Week Range are valuable stats for watching Exxon Mobil Corporation (NYSE:XOM)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Exxon Mobil Corporation (NYSE:XOM)’s stock value has moved between $64.74 – 87.29 in last one year.
Analyst’s Views
Analysts mean target price for Exxon Mobil Corporation (NYSE:XOM) is $84.97 while analysts mean recommendation is 2.80.
Stock Performance
Its weekly performance is 4.49% while year to date (YTD) performance is 13.93%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Exxon Mobil Corporation (NYSE:XOM)’s EPS growth this year is 48.80%. For best decision making investors should look at Exxon Mobil Corporation (NYSE:XOM)’s EPS growth for next year stands at 36.48%.
