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 PLC295,40 GBX2,84
Chevron Corp89,73 USD3,38
Equinor ASA145,40 NOK1,39
Exxon Mobil Corp44,51 USD2,46
Royal Dutch Shell PLC B12,68 EUR0,33
Royal Dutch Shell PLC Class A13,28 EUR2,22
Total SA33,24 EUR1,36

Om forfatteren

Allen Good

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

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