Technical Analysis:
Based on the recent price action, XOM shows a bearish trend in the short term, with the stock closing at $110.69 on February 21, 2025, down 1.17%. The stock has formed lower highs and lower lows, indicating selling pressure.
Fundamental Analysis & News Impact:
Price Forecast for Next Week:
Based on technical indicators and recent price action:
Price Target Range: $108.50 - $111.50
Trading Recommendation: SELL
Rationale:
Key Price Levels to Watch:
The analysis suggests taking a short position with strict risk management, as the stock appears poised for further downside in the coming week. However, maintain awareness of potential support levels and any significant oil price movements that could trigger a reversal.
The price of XOM is predicted to go up 12.18%, based on the high correlation periods with KEP. The similarity of these two price pattern on the periods is 91.52%.
XOM
KEP
Year
XOM Price Forecast($)
Potential Return(%)
2025
130.000
20.530
2026
125.000
17.010
2027
140.000
31.050
2028
140.000
31.050
2029
145.000
35.730
2030
140.000
31.050
Exxon has responded to shareholder concerns by reducing spending, appointing new board members, increasing disclosure, and announcing emissions reduction targets.
Exxon will see its portfolio mix shift to liquids pricing as gas volumes decline and new oil projects start production. Cash margins should improve as a result, thanks to Permian and Guyana volumes.
With coordination between upstream and downstream operations, as well as integrated refining and chemical facilities, Exxon achieves a high level of integration that creates value, as opposed to simply owning the assets.
Truist Securities
2025-01-13
Price Target
$117 → $119
Upside
+8.88%
UBS
2024-12-12
Price Target
$149 → $147
Upside
+31.46%
RBC Capital
2024-11-26
Price Target
$120 → $115
Downside
-2.52%