10 Value Stocks in Ken Fisher’s Portfolio

4. Exxon Mobil Corporation (NYSE:XOM)

Fisher Asset Management Equity Stake: $3.21 Billion

Forward P/E Ratio as of April 17: 13.57

Number of Hedge Holders: 104

Exxon Mobil Corporation (NYSE:XOM) is a multinational that explores and produces oil and natural gas. While the overall energy sector has been under pressure with oil prices plunging below the $70 a barrel level, Exxon Mobil has held steady, affirming its status as one of the top-value stocks in Ken Fisher portfolio. The stock currently offers a 3.80% annual dividend yield that is slightly above its three year’s average of 3.49%, affirming its ability to generate shareholder value.

The solid dividend offering comes on Exxon Mobil delivering its third best year in a decade on delivering solid financial results for fiscal 2024. The energy giant delivered earnings of $33.7 billion and cash flow from operations of $55 billion. Likewise, Exxon Mobil Corporation (NYSE:XOM) ended up distributing $36 billion to shareholders more than all but five companies in the S&P 500 with Brent crude oil price of $65 per barrel and above, the oil giant anticipates making an additional $20 billion in revenues through 2030.

Exxon Mobil Corporation (NYSE:XOM) is expanding its business empire beyond fossil fuels and into the future of lower-carbon energy. It is expanding its footprint into businesses around hydrogen, lithium, alternative fuels, carbon capture and storage, and other lower-carbon energy goods and solutions. The new business ventures are expected to bolster the company’s profits by $3 billion by 2030 and $13 billion by 2040.