Exxon Mobil's Strong Q2 Results And Production Gains Offset By Economic Concerns: Analysts Cautiously Optimistic
Exxon Mobil's Strong Q2 Results And Production Gains Offset By Economic Concerns: Analysts Cautiously Optimistic
The analyst adds that despite potential efficiencies, the company's free cash flow yield might only be in the high single digits next quarter, trailing larger E&Ps.Exxon Mobil Corporation (NYSE:XOM) shares are trading lower today. The sector might be moving amid overall market weakness due to economic slowdown concerns following recent U.S. data, which could negatively impact demand.
雪佛龍公司（NYSE：XOM）股票今日下跌。由於最近美國的數據引發了經濟放緩的擔憂，可能對需求產生負面影響，板塊可能在整體市場疲軟的情況下出現波動。
Last week, the company reported second-quarter revenue of $93.060 billion, beating the consensus of $90.987 billion, and adjusted EPS of $2.14, surpassing the $2.01 estimate.
上週，該公司報告了第二季度營業收入爲930.6億美元，超過了909.87億美元的共識，並調整後每股收益爲2.14美元，超過了2.01美元的預期。
Truist Securities analyst Neal Dingmann writes that Exxon is already benefiting from the Pioneer acquisition, with Permian production nearly doubling to 1.2 mmboepd and potential operational efficiencies from the combined assets. Additionally, Guyana production reached a record over 630 mbpd, surpassing the current FPSO capacity.
Truist Securities的分析師Neal Dingmann寫道，埃克森已經從先鋒收購中受益，Permian地區產量幾乎翻了一倍，達到1.2 mmboepd，並可能從合併資產中實現潛在的運營效率。此外，圭亞那的產量達到了超過630 mbpd的歷史記錄，超過了當前FPSO能力。
The analyst adds that despite potential efficiencies, the company's free cash flow yield might only be in the high single digits next quarter, trailing larger E&Ps.
該分析師補充道，雖然可能存在潛在的效率，但公司的自由現金流收益率在下個季度可能僅爲高個位數，低於較大的勘探生產商。
However, the analyst expects it to sustain over $4 billion in dividends and a similar amount in stock buybacks (having paid $5.2 billion last quarter), though its yields are lower compared to some major operators.
然而，該分析師預計其將維持每年超過40億美元的分紅派息，併購回類似金額的股票（上個季度支付了520億美元），儘管其收益率較一些主要運營商較低。
The analyst revised estimates for EBITDAX to $76.3 billion (from $78.9 billion) vs. consensus of $76.8 billion in FY24 and $92.9 billion (from $94.3 billion) vs. cons. of $82.3 billion in FY25.
該分析師將EBITDAX的預測值修訂爲FY24的763億美元（從789億美元），高於共識的768億美元，以及FY25的929億美元（從943億美元），高於共識的823億美元。
Dingmann reiterated the Hold rating with a price target of $121.
Dingmann重申該股票的持有評級，目標價爲121美元。
Goldman Sachs analyst Neil Mehta (Neutral-rated with a $119 price target) says that worldwide production was 4,358 MBOE/d, exceeding GS's estimate of 4,212 MBOE/d and FactSet's consensus of 4,234 MBOE/d, driven by higher U.S. and international liquids and increased international gas production.
高盛的分析師Neil Mehta（中立評級，目標價爲119美元）表示，全球產量爲4,358 MBOE/d，超過了高盛預估的4,212 MBOE/d和FactSet的共識4,234 MBOE/d，這是由於美國和國際液體增加以及國際天然氣產量增加所推動的。
The analyst forecasts EBITDA of $77.1 billion in FY24, $83.4 billion in FY25 and, $87.8 billion in FY26.
該分析師預測在FY24將達到771億美元的EBITDA，在FY25將達到834億美元，在FY26將達到878億美元。
Investors can gain exposure to the XOM via Energy Select Sector SPDR Fund (NYSE:XLE) and IShares U.S. Energy ETF (NYSE:IYE).
投資者可以通過能源選擇板塊SPDR基金（紐交所：XLE）和ishares安碩美國能源etf（紐交所：IYE）獲得對埃克森美孚的投資。
Also Read: Exxon Mobil Arbitration Throws Wrench in Chevron-Hess Merger Timeline: Report
另請閱讀：埃克森美孚仲裁案對雪佛龍-赫斯特能源合併計劃構成阻力：報道
Price Action: XOM shares are down 1.29% at $115.37 at the last check Monday.
股票代碼XOM的股票在上週一最後交易時段下跌1.29％，至115.37美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Photo: Del Henderson Jr. via Shutterstock
圖片： Del Henderson Jr.通過shutterstock
