Exxon Mobil: Total Shareholder Yield Now Exceeds 7%
Portfolio Pulse from
Exxon Mobil (XOM) has been upgraded to a STRONG BUY due to strong Q3 results and a recent stock price dip, resulting in a total shareholder yield exceeding 7%. Despite some near-term challenges, the combination of dividends and buybacks makes it attractive.
December 14, 2024 | 2:45 pm
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Exxon Mobil has been upgraded to a STRONG BUY due to strong Q3 results and a recent stock price dip, leading to a total shareholder yield above 7%.
The upgrade to STRONG BUY is based on strong Q3 results and a stock price dip, which have increased the total shareholder yield to over 7%. This makes the stock more attractive to investors, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100