XOM (9/16/2016)
What do I think of Exxon Mobile?
Someone asked me what I think of Exxon Mobil – here it is. The first thing I do is check the score summary and synopsis, to see if anything jumps out at me. The synopsis looks OK – tons of volume.
Only two things jump out at me:
P/E of 35. This doesn’t underperform, by itself, somewhat surprisingly.
But notice what happened to XOM’s P/E and price. P/E went up – a lot, while price did not.
Following this thread to the end, we plot XOM’s EPS, quarterly.
What happens if we look at companies where the EPS is less than 60% what it was a year ago, and that quantity is less than 60% what it was a year before?