We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Exxon Mobil (XOM) Outpaced Other Oils-Energy Stocks This Year?
Read MoreHide Full Article
Investors focused on the Oils-Energy space have likely heard of Exxon Mobil (XOM - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of XOM and the rest of the Oils-Energy group's stocks.
Exxon Mobil is one of 251 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. XOM is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for XOM's full-year earnings has moved 75.72% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that XOM has returned about 42.70% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of 19.23%. As we can see, Exxon Mobil is performing better than its sector in the calendar year.
Breaking things down more, XOM is a member of the Oil and Gas - Integrated - International industry, which includes 18 individual companies and currently sits at #30 in the Zacks Industry Rank. On average, this group has gained an average of 23.12% so far this year, meaning that XOM is performing better in terms of year-to-date returns.
XOM will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Exxon Mobil (XOM) Outpaced Other Oils-Energy Stocks This Year?
Investors focused on the Oils-Energy space have likely heard of Exxon Mobil (XOM - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of XOM and the rest of the Oils-Energy group's stocks.
Exxon Mobil is one of 251 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. XOM is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for XOM's full-year earnings has moved 75.72% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that XOM has returned about 42.70% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of 19.23%. As we can see, Exxon Mobil is performing better than its sector in the calendar year.
Breaking things down more, XOM is a member of the Oil and Gas - Integrated - International industry, which includes 18 individual companies and currently sits at #30 in the Zacks Industry Rank. On average, this group has gained an average of 23.12% so far this year, meaning that XOM is performing better in terms of year-to-date returns.
XOM will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.