5 Energy Stocks to Buy Before Winter

Page 5 of 5

1. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 72

Exxon Mobil Corporation (NYSE:XOM) is an energy company that explores for and produces crude oil and natural gas in the U.S. and internationally. The company operates through its Upstream, Downstream, and Chemical segments.

William Janela, an analyst at Credit Suisse, assumed coverage of Exxon Mobil Corporation (NYSE:XOM) shares on August 10 with an ‘Outperform’ rating. The analyst holds a price target of $125 on the stock.

Exxon Mobil Corporation (NYSE:XOM) delivered EPS of $4.14 in the second quarter, and revenue of $116 billion. Both beat estimates, by $0.40 and $3.6 billion respectively. The company’s EPS is expected to grow by 1.3% over the next three to five years, and it currently has a one-year dividend growth rate of 0.9%.

In the second quarter of 2022, 72 hedge funds were long Exxon Mobil Corporation (NYSE:XOM)., with a total stake value of $7.4 billion.

See also 10 Good Paying Jobs For 18 Year Olds and the 10 Best Cryptocurrency Exchanges in 2020.

Page 5 of 5