Exxon Mobil Stock Fair Value Calculator – Empowered Funds LLC Decreases Investment in Exxon Mobil Co. by 4.1%
June 24, 2023
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It is engaged in the exploration and production of oil and gas, refining and selling petroleum products, and manufacturing and selling petrochemicals. On June 19, 2023, Empowered Funds LLC announced that it had reduced its investment in Exxon Mobil ($NYSE:XOM) Co. by 4.1%. This news put further downward pressure on the stock, which had already been declining in value for the past few months due to the overall decrease in global demand for oil and gas products.
With reduced demand for energy products, a drop in investor confidence, and now a major investor reducing their holdings, it remains to be seen how Exxon Mobil Co. will fare in the coming months. Nevertheless, the company has taken steps to remain competitive in a challenging economic environment, such as diversifying its operations into renewable energy sources and cutting costs associated with oil and gas production.
Analysis – Exxon Mobil Stock Fair Value Calculator
At GoodWhale, we recently performed an analysis of EXXON MOBIL‘s fundamentals. After careful consideration, our proprietary Valuation Line determined that the intrinsic value of EXXON MOBIL shares is around $101.8. We believe that investors who have already invested in EXXON MOBIL, or are looking to invest, will benefit from this price level. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Exxon Mobil. More…
| Total Revenues | Net Income | Net Margin |
| 394.58k | 61.69k | 15.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exxon Mobil. More…
| Operations | Investing | Financing |
| 78.35k | -15.72k | -40.91k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Exxon Mobil. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 369.37k | 162.96k | 49.14 |
Key Ratios Snapshot
Some of the financial key ratios for Exxon Mobil are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.6% | 107.6% | 22.0% |
| FCF Margin | ROE | ROA |
| 14.8% | 27.5% | 14.7% |
Peers
The oil and gas industry is a highly competitive sector. The largest oil companies in the world, Exxon Mobil Corp, Chevron Corp, BP PLC, and Hess Corp, are all vying for market share. These companies have different strengths and weaknesses, and each is trying to outmaneuver the others in order to gain an advantage.
– Chevron Corp ($NYSE:CVX)
Chevron is an American energy company with a market cap of 313.46B as of 2022. Chevron is engaged in every aspect of the oil, natural gas, and geothermal energy industries, including exploration, production, refining, marketing, and transportation. Chevron also has interests in chemicals, mining, and power generation. Chevron’s return on equity was 16.97% as of 2022.
– BP PLC ($LSE:BP.)
HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, United Kingdom. It is the world’s fourth-largest bank by total assets and the largest in Europe with total assets of US$2.374 trillion. HSBC traces its origin to a hong in Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991. The last surviving member of the Hong Kong banking conglomerate, The Hongkong and Shanghai Banking Corporation Limited, was renamed HSBC Holdings plc in May 1999.
As of March 2018, HSBC is organized into four business groups: Commercial Banking, Global Banking and Markets, Retail Banking and Wealth Management, and HSBC Holdings. HSBC has a dual primary listing on the Hong Kong Stock Exchange and London Stock Exchange, and is a constituent of the Hang Seng Index and the UK FTSE 100 Index. As of 6 July 2012, it had a market capitalization of £102.7 billion, the second-largest company listed on the London Stock Exchange, after Royal Dutch Shell. It has secondary listings on the New York Stock Exchange, Euronext Paris, and the Bermuda Stock Exchange.
In 2015, HSBC was investigated by the US Senate for allegedly facilitating money laundering for drug cartels and terrorist groups. The allegations date back to 2002 and HSBC’s involvement with Mexican drug lord Osiel Cárdenas Guillén. On 11 December 2015, HSBC agreed to pay US$1.256 billion to settle the charges.
– Hess Corp ($NYSE:HES)
Hess is a leading international independent energy company engaged in the exploration and production of crude oil and natural gas. Hess has a market cap of $37.9 billion as of 2022 and a return on equity of 29.47%. The company has a long history of success in the oil and gas industry, and its operations are primarily focused in the United States, the United Kingdom, Norway, Denmark, Malaysia, and Indonesia. Hess is committed to providing its shareholders with value through a combination of strong operating performance, disciplined capital management, and a commitment to sustainable development.
Summary
Exxon Mobil Co. has seen a decrease in investment from Empowered Funds LLC due to a 4.1% reduction on June 19th, 2023. Analysts attribute this shift in sentiment to rising environmental concerns and potential for disruption in the energy sector. Exxon Mobil’s stock performance has been lackluster compared to other major oil and gas companies, leaving investors less confident in the future of the company.
As a result, investors should consider the potential risks and rewards before making any investment decisions in Exxon Mobil. It is important to remember that only time will tell if these concerns are warranted or if Exxon Mobil will be able to weather the storm.
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