Exxon Mobil is volatile with low profitability

Exxon Mobil has been one of the top performing in its industry. The company has been performing well because of its strong management, as it hires the top tier universities graduates. In fiscal year 2012, the company’s upstream business segment profits were around $30 billion after taxes. And it generated sales of $40 billion, so investing in such company should be quite fruitful for the investors. The refining crude oil business segment of the company falls in the downstream. 

Although the downstream business segment of Exxon Mobil is volatile with low profitability, but it makes around 80% of Exxon Mobil’s revenues. The company’s overall performance was really good in fiscal year 2012; even the downstream business segment of the company produced enough revenues for the company. The after tax margins of the company surged by 4%. XOM Stock Price is currently changing hands at $100, and it has been quite consistent in terms of price from last six months. XOM Stock price is expected to surge in current quarter, if the company provides strong earnings and beat analysts estimate.