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Market News Data

Markets

Exxon Stock Is at a Trough and Is Cheap Here Given Its Massive Free Cash Flow

December 31, 2023 by Market News Data

From Barchart:

In 2023, Exxon stock closed just below $100, with a forward P/E of 10.9x earnings and a 3.8% dividend yield. Despite this, with $40 billion in free cash flow, XOM stock is considered to be very cheap.



Read more: Exxon Stock Is at a Trough and Is Cheap Here Given Its Massive Free Cash Flow

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