In your opinion, is it too late to buy $XOM-0.2% stock after the big PXD acquisition? To me, the current price seems fair enough and I think expanding their reach will only help them in the future. What do you think?
Exxon Mobil
XOMMarket Cap
511B
P/E
15.60
Div. Yield
3.30%
EV
556B
P/S
1.51
Payout
49.60%
The price is already nice, but if it got under $100 it would be even better.
I own and will continue to, I like their shifts, acquisitions. I see it as a positive, they have financing, albeit debt, but which company doesn't, theirs is not a big one that can't be managed and more of these purchases will bring them revenue in the future, the price isn't bad, but I'll wait to buy under $100.