Question: Is Exxon A Good Investment?

What dividend does ExxonMobil pay?

ExxonMobil dividends per common share202020191st Quarter$0.87$0.822nd Quarter$0.87$0.873rd Quarter$0.87$0.874th Quarter$0.871 more row•Jul 29, 2020.

Is AAPL a buy or sell?

(AAPL) – Zacks….(Delayed Data from NSDQ)Zacks RankDefinitionAnnualized Return1Strong Buy24.53%2Buy17.99%3Hold9.63%4Sell5.14%2 more rows

Is ExxonMobil a good buy right now?

It’s tough to call ExxonMobil a buy right now. … ExxonMobil’s dividend is less risky than many other oil stocks’, and its yield is far higher than many other Dividend Aristocrats’. Oil prices seem to have — for now — stabilized to the point that an imminent dividend cut is unlikely.

Why is Exxon stock so low?

Shares of Exxon Mobil Corp. sank Monday to the lowest prices seen in a decade, after Goldman Sachs analyst Neil Mehta said it was time to sell, citing concerns that the oil giant is on track to come up well short of its target for investment returns. … He slashed his stock price target by 18%, to $59 from $72.

Is Exxon a buy sell or hold?

An Over 8% Dividend Makes Exxon a Long-Term Hold The dividend alone is a reason to consider holding XOM for the long-term at its current share price. The average dividend yield of the S&P 500 is around half the level offered by XOM shares.

Why is Exxon down today?

ExxonMobil’s (NYSE:XOM) shares were down about 5% by 3:00 p.m. EDT on Thursday. Weighing on the oil stock were lower oil prices and a report that it’s about to make deep cuts to preserve its dividend.

Is Exxon still paying dividends?

On a call with analysts following results, Exxon said it remained committed to paying dividends. Exxon and Chevron are the only two energy companies that are “dividend aristocrats,” or S&P companies that have paid dividend for at least 25 consecutive years.

What is the best stock to buy right now?

Best Value StocksPrice ($)12-Month Trailing P/E RatioBrookfield Property REIT Inc. (BPYU)11.821.1Brighthouse Financial Inc. (BHF)26.511.2NRG Energy Inc. (NRG)29.701.82 more rows

Will Exxon ever recover?

Long-Term Investors Should Look at Exxon Oil prices will eventually recover as higher-cost producers leave the market. “Global oil supply is set to tumble by a massive 7.2 mb/d on average in 2020,” wrote the International Energy Agency (IEA) in its June report.

Is Exxon going out of business?

Exxon has pushed back against too much government help or intervention, betting that a lot of shale companies will go out of business. Indeed, according to Rystad Energy, a record number of companies will file for bankruptcy this year. The firm says that more than 70 companies could go under in 2020.

Will oil stocks ever recover?

As a result, crude oil demand, which is closely linked to economic growth, may never recover to 2019 levels.