Exxon Expecting Low Earnings this Quarter

Exxon stocks (XOM) have been trading at fair value recently. The expected Q1 2014 earnings for Exxon are to be relatively lower compared with the year prior. This may be down to a multitude of reasons such as lower production levels, declining profit margins, foreign-currency fluctuations and impairment charges incurred due to its operations in Latin America. 

 
Many new shareholders follow the strategy adopted by Warren Buffet, who has recently increased his shares in Exxon and reduced his shares in ConocoPhillips. This has led to a marked increase in the volume of shares of Exxon traded in the past week. Outperforming the marker by two points .On average Exxon stocks price has fallen by roughly .o8% in the past week, despite the late surge of increase volume of shares traded. Solid cash flows and solvency position helps their cause as shareholders can expect cash payouts on a regular basis as the fact shows that Exxon Mobil has been paying dividends successfully for more than a century. An increased dividend payment annually at a rate of nearly 13% for the past 3 years is another point that works in favor of Exxon’s stocks. With news already out that Exxon is looking to increase its scale of operations in the Arctic Ocean with Rosneft, Exxon stocks is likely to go in a positive direction in the coming months. With the 52 week high of 101.74 and the low of 84.79, this 52 week range is one the most stable amongst the S&P 500.