Exxon Mobil’s CPI Breakout Chart

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The company’s shares have been under pressure in recent months, but a breakout in the Consumer Price Index could provide some relief. The CPI came in above expectations on all fronts, headline, core, year-over-year, and month over month. The headline number year-over-year came in at 8.3% versus 8.0% expected. Despite energy down big, Core CPI still came in hot at 6.3% versus 6.0% expected. Exxon Mobil($NYSE:XOM) is a diversified company with upstream, downstream, and chemical operations. The company’s downstream operations are particularly sensitive to changes in the CPI, as they include refining and marketing activities. The recent CPI data could provide some support for Exxon Mobil’s shares, as it suggests that the company’s downstream operations may be benefiting from higher prices.

Share Price

On Wednesday, Exxon Mobil’s stock price opened at $96.2 and closed at $97.7, up 2.5% from the previous day’s closing price of $95.3. This marked the company’s biggest one-day percentage gain since early February. The stock’s rise came after the company reported better-than-expected quarterly results. The company’s better-than-expected results were driven by strong refining and chemical results.

VI Analysis

The company’s fundamentals reflect its long term potential. The VI Star Chart shows that the company has a high health score of 8/10 with regard to its cashflows and debt, and is capable to sustain future operations in times of crisis. The company is classified as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. High growth companies are deemed more volatile as they attempt to grow faster. The company is strong in dividend, and medium in asset, growth, profitability.

Summary

Exxon Mobil is one of the world’s largest publicly traded oil and gas companies. The company’s shares have lagged the market in recent years, but Exxon Mobil appears to be turning a corner. Exxon Mobil is a large, diversified oil and gas company with a long history of dividend growth. The company’s shares have lagged the market in recent years, but Exxon Mobil appears to be turning a corner. Investors looking for a large, diversified oil and gas company with a history of dividend growth may want to consider Exxon Mobil.