Goldman Sachs Keeps Their Hold Rating on Exxon Mobil (XOM)
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Mehta covers the Energy sector, focusing on stocks such as Chevron, Ovintiv, and APA. According to TipRanks, Mehta has an average return of 8.9% and a 58.49% success rate on recommended stocks.
In addition to Goldman Sachs, Exxon Mobil also received a Hold from HSBC's Kim Fustier in a report issued on August 5. However, on the same day, Scotiabank maintained a Buy rating on Exxon Mobil (NYSE: XOM).
Based on Exxon Mobil's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $81.06 billion and a net profit of $7.71 billion. In comparison, last year the company earned a revenue of $80.41 billion and had a net profit of $8.22 billion
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