Where Will ExxonMobil Be in 5 Years?

So you say you want to invest in top-10 oil stock ExxonMobil (NYSE: XOM) -- but you'd first like some assurance that the stock will go up after you buy it, and not down? Then today may be your lucky day! ExxonMobil's management just launched a forecast that lays out in clear, concise numbers how it expects its business to perform both next year and over the next five years. Wall Street analysts have also chimed in about Exxon's forecast. Put these two prognostications together, and you should get a good inkling of where Exxon stock will be in five years.ExxonMobil reported third-quarter earnings last month, and the news wasn't half bad. Despite generally falling oil prices, Exxon managed to hold its revenue decline to less than 1 percentage point. Earnings did take a hit, down 15% year over year. But that didn't prevent Exxon from rewarding its shareholders with a rising dividend, and Exxon now pays a 3.7% dividend yield that is more than twice the average yield on the S&P 500. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool