Name of opportunity: 👀
Exxon Mobil Corp.
Price increase 📈
Exxon Mobil Corp has risen slightly in price, going up 0.57% in the past day. This might be because the company announced it has been drilling for natural gas with Qatar Energy in West Cyprus. The president of Cyprus said that the country aims to become a reliable natural gas source for the EU.
Exxon Mobil is currently performing well, with solid cash flow, healthy revenue, and strong EBITDA. This company also pays out dividends to its shareholders, with a dividend yield of 3.29%. This means that if you invested $1000, you might receive $32.90 a year in dividends (based on the last 12 months). Analysts are currently calling this stock a ‘buy’.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Exxon Mobil Corp. might increase from $110.15 to $131.20 in the next 12 months. If you invested $1000, you might profit $191.10.
Exxon Mobil’s presence in Cyprus might have a positive impact on its stock, as a successful exploration can boost investor confidence. It could also lead to further opportunities in the region for natural gas exploration if all goes well, giving the company a competitive edge.
Additionally, this drilling activity has been described as "promising" which might have attracted investors, impacting the stock price. When there is potential opportunity for success within a company, investors might speculate and this might boost the company's stock price.
Oil and gas company 🛢️
Exxon Mobil Corp is an American multinational oil and gas company. The company is involved in exploration for natural gas and crude oil. Exxon Mobil Corp is headquartered in Spring, Texas, United States.
Which neme?: 🔍
‘Oil & Gas’, ‘Incredibly Profitable Stocks’, ‘Popular Dividend Stocks’, ‘Low Volatility Stocks’, ‘Largest U.S. Stocks’.
Download Nemo Money to check out Exxon Mobil Corp. New users can grab our registration bonus up to a maximum of $50 on first deposit. Terms and conditions apply.
