In spite of having a long history and delivering a strong dividend yield to its investors, Exxon Mobil (NYSE:XOM) is one stock that new investors must avoid buying in 2018. The company's poor financial performance in 2017 is testimony to this fact.
With a market capitalization of $311.5 billion, Exxon Mobil Corporation is the largest independent energy company trading in NYSE. Headquartered in Texas, United States, Exxon Mobil’s stock was trading at $73.5 at the time of writing this article and witnessed a drop of 2.05% over its previous trading day. The company has three major divisions: Upstream, Downstream and Chemical division. This stock holds an average trading capacity of 16.46 M shares for last 10 days and an average trading capacity of 14.94 M shares for last 3 months. Investors must note that this stock has a beta value of 0.84. Beta value of less than one (theoretically) implies that the stock is less volatile than the market. Exxon Mobil has a P/E ratio of 22.72 and a 52-weekly change rate of -8.33%. Although Exxon’s P/E ratio is satisfactory, its weekly change rate is significantly lower when compared to other energy stocks like Royal Dutch Shell (NYSE:RDS.A), British Petroleum (NYSE:BP) and Chevron(NYSE:CVX).
