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Bullish Case: Steady institutional interest, analyst upgrades, and a resilient dividend track record suggest potential for continued growth.


Bearish Case: Insider trading, potential overpricing, and an uncertain energy market present downside risks for XOM stock.


Potential Outcomes: Upside on sustained dividends and analyst optimism (40%), stasis with institutional support offset by bearish signals (40%), downside from market corrections (20%).


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April 12, 2024


Exxon Mobil Forecast

XOM        Exxon Mobil
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with XOM



OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.81)


CNK Forecast + Options Trading Strategies   CNK  Cinemark (0.77)


ERX Forecast + Options Trading Strategies   ERX  Direxion Daily Energy Bull 2X Shares (0.77)


SLCA Forecast + Options Trading Strategies   SLCA  U.S. Silica (0.76)


NFG Forecast + Options Trading Strategies   NFG  National Fuel Gas (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to XOM



UTZ Forecast + Options Trading Strategies   UTZ  Utz Brands (0.0)


ANNX Forecast + Options Trading Strategies   ANNX  Annexon (-0.0)


IRTC Forecast + Options Trading Strategies   IRTC  iRhythm (0.0)


NTLA Forecast + Options Trading Strategies   NTLA  Intellia Therapeutics (-0.0)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against XOM



XMTR Forecast + Options Trading Strategies   XMTR  Xometry (-0.72)


CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (-0.73)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.73)


SMPL Forecast + Options Trading Strategies   SMPL  Simply Good Foods (-0.75)


SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (-0.77)





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