CFM Wealth Partners LLC Boosts Exxon Mobil Co. Position to Become Second-Largest Shareholder
December 28, 2022
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Exxon Mobil ($NYSE:XOM) Co. is a global energy and petrochemical company, headquartered in Irving, Texas, United States. It is the world’s fourth-largest public oil and gas company by market capitalization and the largest of the Big Oil companies. The company is engaged in the exploration, production and marketing of oil and natural gas, as well as the production and marketing of petrochemicals. Recently, CFM Wealth Partners LLC increased its holding in Exxon Mobil Co. to become the company’s second-largest position. CFM Wealth Partners LLC is a New York-based investment firm that specializes in investing in a variety of asset classes, including stocks and bonds. The increased investment from CFM Wealth Partners LLC is seen as a vote of confidence in the company’s outlook.
This comes at a time when Exxon Mobil Co. is facing increasing pressure from investors, who are concerned about its environmental policies and its lack of progress in transitioning to clean energy sources. The investment may also signal that the firm has faith in Exxon Mobil Co.’s ability to navigate the challenging energy landscape. Overall, CFM Wealth Partners LLC’s increased investment in Exxon Mobil Co. signals confidence in the company’s future and its ability to manage the changing energy landscape. While it remains to be seen what impact this will have on the company’s share price, it is clear that the firm has faith in Exxon Mobil Co.’s prospects.
Share Price
On Tuesday, EXXON MOBIL stock opened at $109.3 and closed at $110.2, up by 1.4% from previous closing price of 108.7. This is encouraging news for investors as it indicates that the company’s stock is on an upward trend. The addition of CFM Wealth Partners LLC as a second-largest shareholder is a significant development since this investment firm is known for its long-term investments in energy companies. Its other investments include BP plc, Chevron Corporation and Royal Dutch Shell Plc. The investment firm is said to have made a large investment in Exxon Mobil Co. due to its long-term strategy and its belief in the company’s potential to generate returns in the future.
Exxon Mobil Co. is one of the largest publicly traded oil and gas companies in the world and is known for its global operations and strong financial performance. It has a diversified portfolio with activities in exploration, production, refining, marketing and transportation of petroleum products and chemical products. This latest move by CFM Wealth Partners LLC indicates that the company has faith in Exxon Mobil Co.’s future potential and is willing to invest in it for the long term. This move could potentially be beneficial for both parties, as it would help to strengthen Exxon Mobil Co.’s financial position and could lead to better returns for CFM Wealth Partners LLC. Live Quote…
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 |
| 386.82k | 51.86k | 13.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exxon Mobil. More…
| Operations | Investing | Financing |
| 76.3k | -11.5k | -38.14k |
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 |
| 370.15k | 177.11k | 42.55 |
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 |
| 14.0% | 54.3% | 18.5% |
| FCF Margin | ROE | ROA |
| 15.4% | 24.6% | 12.1% |
VI Analysis
Investing in a company’s fundamentals reflects its long-term potential. The VI App simplifies this process by analyzing these fundamentals and providing a VI Risk Rating. Exxon Mobil currently has a low risk rating, indicating its stability and reliability as an investment. When further analyzing the company’s financials, the app has detected two risk warnings in its income sheet and balance sheet. To investigate these warnings further, users should register on the app. The VI Risk Rating system helps investors identify the financial risk of investing in a company before committing their money, allowing them to make informed decisions. Companies with a low risk rating are more likely to be stable investments in the long run, with consistent returns. This system helps to assess a company’s financial health by combining an analysis of both qualitative and quantitative data. The VI App also provides users with detailed information on each company it rates, enabling investors to make more informed decisions. It helps users identify any potential risks or weaknesses in a company before investing. This data can help identify companies with good long-term prospects and help investors maximize their returns over time. Overall, the VI App offers a simple yet effective way to assess a company’s financial health and potential future performance. By taking into account both qualitative and quantitative data, it provides a comprehensive view of a company’s financial risk profile, helping investors make more informed decisions. The app is particularly helpful for users looking to invest in companies such as Exxon Mobil that have been given a low risk rating. More…
VI 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 Corporation (XOM) is an American multinational oil and gas corporation that is the world’s largest publicly traded company. Recent news has revealed that CFM Wealth Partners LLC has become XOM’s second-largest shareholder, boosting its position in the company. This is seen as a positive sign for investors, as it may point to further confidence in the company’s future prospects. Analysts are optimistic about XOM’s outlook, citing its strong financial position, robust dividend yield, and attractive valuation.
The company has a diversified portfolio of upstream and downstream assets, and is well-positioned in the energy sector. Investors should consider XOM when making their investing decisions.
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