# Exxon Mobil Stock Analysis: Near 52-Week Highs Despite Oil Price Pressures
In this insightful podcast episode, we dive deep into Exxon Mobil's current market position as the energy giant trades near its 52-week high despite warnings about earnings impacts from lower crude prices. Discover how the stock is performing at approximately $122.91, trading at a premium multiple of 17.7x normalized earnings compared to European competitors, and what this means for investors.
We analyze recent trading volumes showing heightened market activity, with daily volume reaching over 20 million shares - significantly above long-term averages. The episode explores management's cautionary guidance about Q4 2023 profit reductions of $800M-$1.2B from weaker oil and gas prices, while balancing this against their optimistic long-term outlook through 2030.
Our expert breakdown includes the latest analyst perspectives, with UBS maintaining a Buy rating and $145 price target, TD Cowen raising their target to $135, and Piper Sandler adjusting slightly to $142 while maintaining an Overweight rating. Learn why the overall analyst consensus sits between Hold and Outperform with targets suggesting potential upside despite current challenges in the energy sector.
Perfect for energy sector investors, market watchers, and anyone tracking how major oil companies are navigating the transition to cleaner energy while maximizing traditional operations in the Permian Basin and Guyana.
#ExxonMobil #StockAnalysis #EnergyInvesting #OilStocks #MarketOutlook #InvestorInsights
For more
http://www.quietplease.aiStock up on these deals
https://amzn.to/3QFpYIXThis content was created in partnership and with the help of Artificial Intelligence AI