Oil Prices Weigh, but Exxon's Dividend Is Safe

We expect dividend growth to reaccelerate in the next few years with growth of midsingle-digits.

Allen Good 04.12.2018 | 13:04

 

 

Allen Good: Exxon Mobil is currently trading at $77 per share, a nearly 15% discount to our $90 fair value estimate. At this level, its $0.82 quarterly dividend implies a yield of 4.3%. While lower than European peers Shell, Total, and BP, it's higher than U.S. peer Chevron at 3.9%. Historically, Exxon has yielded less than Chevron.

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Verdipapirer nevnt i artikkel

Navn på verdipapirPrisEndring (%)Morningstar Rating
BP PLC302,95 GBX-0,18
Chevron Corp102,96 USD-0,44
Equinor ASA165,54 NOK-1,11
Exxon Mobil Corp56,66 USD-0,56
Royal Dutch Shell PLC B15,60 EUR-1,14
Royal Dutch Shell PLC Class A16,44 EUR-1,15
Total SE37,95 EUR-0,13

Om forfatteren

Allen Good

Allen Good  er senior aksjeanalytiker hos Morningstar, og han dekker olje- og gassindustriene. 

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