Exxon Mobil Stock Forecast and Price Prediction 2024–2035
Exxon Mobil, having the reputation of one of the world’s most influential energy companies, has been developing into a major force within the international oil and gas industry as the volume and value of the Exxon Mobil stock have been greatly influenced by some factors that include persistent and emerging market conditions, new technology, regulatory considerations, and the environment. Predicting the future tendencies of Exxon Mobil stock is no easy task; it’s complex, intricate, and countless economic, political, and industry-specific factors shape this landscape.
The total compounded return of the stock of Exxon Mobil Corporation (XOM) for the last year was as much as 6.52%. As of now, it has been upgraded by 21.02% already this year. In the 5-year horizon, the reported total return of the investment is 86.42%, meaning that $100 invested in XOM stock 5 years ago would be worth $186.42 today. Be well aware that in the case of total returns, only price increases and dividend payment reinvestment are taken into consideration.
Determination of whether Exxon Mobil stock has prospects may involve studying the company’s previous path of behavior, the effects of macroeconomic factors, industry-based changes, and where the company is headed.
The purpose of this blog is to shed light on the factors that may shape the investment outlook for Exxon Mobil. Along with this, we will learn about Exxon Mobil’s stock predictions for tomorrow, next week, and the coming years and understand whether this stock can be a better option for long-term investment. This page also presents the company’s fundamental analysis and current charts for Exxon Mobil.
On this page, you will find information about the company’s current stock price, live charts, and updated and new forecasts for short- and long-term intervals:
- Stock price information is updated every minute.
- Technical indicator data is updated based on a specific time frame.
- Financial reporting data is updated quarterly.
- Stock charts are updated every minute.
Exxon Mobil’s stock forecast prices in tables are updated automatically depending on how the current asset price changes.
Exxon Mobil At a Glance,
Exxon Mobil was formed in 1999 through the merger of the two most prominent companies in the industry, Exxon and Mobil, after which the company established itself as a major player in the energy sector. Today, Exxon Mobil Corporation is one of the world’s largest publicly traded international oil and gas companies.
The company’s operations span the entire spectrum of the oil and gas industry, including exploration, production, refining, and marketing of petroleum products. Today, Exxon Mobil’s global presence extends to more than 70 countries.
Upcoming Company Projects and Expected Results
Initial investment
ExxonMobil focuses its money on projects with big returns. It grows oil production in the Permian Basin and Guyana. It also grows its product solutions business. Plus, it builds low-carbon energy solutions. ExxonMobil expects to spend $23 billion to $25 billion on projects this year. It expects to spend $22 billion to $27 billion yearly from 2025 to 2027. According to their estimates, they will generate an average return of around 30% from this investment.
Earnings Forecast
Exxon Mobil has a daring goal – doubling its profits by 2027. This oil behemoth kick-started that plan in 2019. However, trouble struck early in the pandemic’s onset, with crashing oil prices wrecking a cylinder. Yet, the firm remains steadfast, staying the course to realize its audacious vision.
This would give the energy giant a leg up in driving meaningful total returns over the next few years. It is worth noting that Big Oil has two paths to higher earnings: cost-cutting and capital spending.
Exxon predicts that this may generate $14 billion in revenue and cash flow over four years, or a 13% compound annual growth rate in earnings from its current yearly level. That’s an extraordinary rate for a company of its size.
Exxon Company’s strategic plan is on pace to deliver double-digit annual earnings and cash flow growth by 2027. This should allow ExxonMobil to increase its attractive dividend while simultaneously buying back a significant number of shares per year. Add its roughly 4 %-yielding dividend to the projected 13% annual earnings growth, and if oil prices remain around their current levels, Exxon could deliver an average total return of more than 15% over the next few years. If crude oil prices increase, it may increase significantly. Due to this, Exxon is looking for attractive investment opportunities these days.
Revenue Forecast
CCUS means capturing carbon dioxide from factories and other sources. Then, it gets stored underground, instead of going into the air. Axon is working on this process from start to finish. It has teamed up with big companies before to catch carbon. Exxon will move the captured carbon to storage areas deep underground. These programs earn money through contracts they’ve already signed. Exxon thinks CCUS could make billions in yearly revenue someday.
Plus, unlike oil and gas, CCUS earnings come from long contracts with stable, predictable payments. This could make Exxon’s overall earnings less unpredictable.
Exxon Mobil (XOM) Stock Financials Data
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Technical Analysis of Exxon Mobil Corporation Based on Indicators
You can use Exxon Mobil Corporation indicator-based technical analysis to find better entry points into the market. For Technical Analysis for XOM, you can adjust the time frame as per your wish to find the best analysis.
Indicator-based technical analysis of XOM signals is classified into different categories to help you understand what is going on here.
- “Sell” or “Strong Sell” means that most signals are bearish.
- “Buy” or “Strong Buy” means that most signals are bullish.
- “Neutral” means that the signal is neither bearish nor bullish.
While making your selection, keep in mind that signals may vary in different time frames. For short-term signals, it is recommended to use settings in the range of 15 minutes to 2 hours. If you want to hold Exxon Mobil Corporation stock for longer than a week, you should use settings ranging from days to weeks.
Exxon Mobil Corporation Stock Forecast for Tomorrow and Next Week Based on The Last 30 Days
The Exxon Mobil Corporation stock forecast for tomorrow is $121. In the next week, the price of XOM is expected to decrease by -0.84% and hit $118.
| Date | Weekday | Min | Max | Stock Price |
|---|---|---|---|---|
| 05/15 | Thursday | $101 | $119 | $109.72 |
| 05/16 | Friday | $103 | $121 | $111.65 |
| 05/19 | Monday | $104 | $122 | $112.96 |
| 05/20 | Tuesday | $105 | $124 | $114.54 |
| 05/21 | Wednesday | $105 | $124 | $114.44 |
| 05/22 | Thursday | $107 | $125 | $115.99 |
| 05/23 | Friday | $104 | $122 | $112.86 |
| 05/26 | Monday | $104 | $122 | $113.24 |
| 05/27 | Tuesday | $104 | $123 | $113.48 |
| 05/28 | Wednesday | $102 | $119 | $110.64 |
| 05/29 | Thursday | $101 | $119 | $110.29 |
| 05/30 | Friday | $102 | $119 | $110.37 |
| 06/02 | Monday | $102 | $119 | $110.36 |
| 06/03 | Tuesday | $103 | $121 | $111.65 |
| 06/04 | Wednesday | $102 | $119 | $110.64 |
| 06/05 | Thursday | $105 | $123 | $113.78 |
| 06/06 | Friday | $103 | $121 | $112.07 |
| 06/09 | Monday | $103 | $121 | $112.05 |
| 06/10 | Tuesday | $106 | $124 | $115.02 |
| 06/11 | Wednesday | $107 | $126 | $116.25 |
| 06/12 | Thursday | $107 | $125 | $115.87 |
| 06/13 | Friday | $107 | $125 | $116.18 |
| 06/16 | Monday | $110 | $130 | $119.95 |
| 06/17 | Tuesday | $105 | $123 | $113.95 |
Long-Term Exxon Mobil Corporation Stock Price Forecast 2024–2035
As far as the long-term Exxon Mobil Corporation stock forecast is concerned, the XOM forecast for 2025 is currently $157, for 2030 it is $228, and for 2035 it is $287. Here, we assume that Exxon Mobil Corporation shares will continue to grow at the average annual rate over the last 10 years.
| Year | Mid-Year | Year-End | Tod/End,% |
|---|---|---|---|
| 2025 | $114 | $127 | +16% |
| 2026 | $133 | $134 | +22% |
| 2027 | $137 | $139 | +27% |
| 2028 | $152 | $161 | +47% |
| 2029 | $165 | $171 | +56% |
| 2030 | $181 | $187 | +71% |
| 2031 | $198 | $202 | +85% |
| 2032 | $206 | $210 | +92% |
| 2033 | $215 | $220 | +101% |
| 2034 | $225 | $230 | +110% |
| 2035 | $236 | $242 | +121% |
| 2036 | $248 | $254 | +132% |
Live Exxon Mobil Corporation (XOM) Chart
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Main Factors That Affect Exxon Mobil Stock Price
Here’s what makes Exxon Mobil’s stock go up or down:
- Oil Prices: When the price of oil goes up or down worldwide, it directly affects Exxon Mobil’s profits because they’re a big player in the oil business. So, if there’s a change in oil prices because of stuff like politics, supply and demand, or decisions from groups like OPEC, it can make Exxon Mobil’s stock price go up or down.
- Global Demand and Supply: How much people want oil and how much is available around the world matters. If there’s a change in demand because of things like economic growth, new technology for clean energy, or political issues, it can affect how much money Exxon Mobil makes and, in turn, its stock price.
- Finding and Getting Oil: Exxon Mobil’s success in finding new oil and getting it out of the ground matters a lot. If they find new oil fields or have problems with getting oil out, it affects how much money they make and what people think about their stock.
- Politics and Rules: Because Exxon Mobil works in many different countries, what happens politically and the rules governments make can impact them. Things like political unrest, trade problems, or new rules about the environment can affect how much money Exxon Mobil makes and their stock price.
- Environment and Clean Energy: People care more and more about the environment and using cleaner energy. So, Exxon Mobil’s plans to deal with climate change, invest in cleaner energy, and meet what people want can impact how people feel about their stock and its price.
- Money Stuff and Plans: How Exxon Mobil is doing financially, what they’re spending money on, and their plans for the future matter. Good financial reports, smart spending, and good plans usually make people feel good about investing in the company, which can push the stock price up.
Frequently Asked Questions (FAQs)
What’s the Exxon Mobil stock price prediction for tomorrow?
The Exxon Mobil Corporation stock price prediction for tomorrow is $ 121, based on the current market trends.
What’s the Exxon Mobil stock price prediction for next week?
The Exxon Mobil Corporation stock price prediction for next week is $ 118, which would represent a -0.84% decrease in the XOM stock price.
What is the Exxon Mobil stock prediction for 2025?
According to our Exxon Mobil Corporation stock prediction for 2025, XOM stock will be priced at $ 157 in 2025. This forecast is based on the stock’s average growth over the past 10 years.
What is Exxon Mobil stock projected to be worth in 5 years?
As per the estimated stock price, the Exxon Mobil Corporation stock price could reach $215 in the next 5 years.
How much will Exxon Mobil stock be worth in 2030?
In 2030, the Exxon Mobil Corporation stock will reach $ 228 if it maintains its current 10-year average growth rate. If this Exxon Mobil stock prediction for 2030 materializes, XOM stock will grow 90% from its current price.
What is Exxon Mobil stock projected to be worth in 10 years?
According to the estimated stock price, the Exxon Mobil Corporation stock price could reach $273 in the next 10 years.
Price Prediction Methodology
The following tools are used to make predictions:
- Technical analysis is the basic tool. This involves studying price charts and using indicators to forecast future price movements. The analysis was mostly done on medium- and long-term time frames for more accurate results.
- The likelihood, kind, and strength of a fundamental element that could affect the price are all assessed with the use of statistical methods.
- Predictive modeling uses statistical algorithms to forecast future prices based on historical data.
- Forecasts are based on consensus and expert opinion.
This article is for informational purposes only and does not constitute investment advice. Be aware of the high volatility of stock market and consider their risks when making investment decisions.
