XOM

Exxon Mobil Corporation

Energy


Presented:05/16/2014
Price:$100.74
Cap:$433.00B
Current Price:$120.35
Cap:$534.69B

Presented

Date05/16/2014
Price$100.74
Market Cap$433.00B
Ent Value$454.87B
P/E Ratio11.29x
Book Value$41.51
Div Yield3.1%
Shares O/S4,294.38M
Ave Daily Vol11,300,000
Short Int1.23%

Current

Price$120.35
Market Cap$534.69B
Exxon Mobil Corporation explores and produces for crude oil and natural gas. As of December 31, 2013, the company had approximately 37,661 gross and 31,823 net operated wells. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. In addition, the company has interests in electric power generation facilities. It operates in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

Publicly traded companies mentioned herein: Exxon Mobil Corporation (XOM), BP plc (BP), Anadarko Petroleum Corporation (APC), Occidental Petroleum Corporation (OXY)

Highlights

Exxon Mobil (XOM) is presently the presenter’s favorite short position. The stock is extremely liquid, and shares trade at a 30-40% premium (on a cash-flow basis) to most of the stocks in the industry. He sees very little upside risk, as there are “numerous identifiable fundamental problems (e.g., four straight quarters of falling profits).” While there is speculation in the press that the company should break itself up, the presenter doesn’t see an LBO or corporate event giving shorts a problem near-term.

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Idea Discussion

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