Exxon Mobil A Great Stock For Beginner Investors

Exxon Mobil is the one of the largest publicly traded corporations in the world with a market capitalization of nearly $410 billion. Primarily in the oil and gas extracting as well as refining business, it is one of the largest super-majors in the world. Employing over 82,000 people it runs operations worldwide, with its headquarters located in Irvine, Texas. Exxon Mobil is a committed company with good corporate culture and a great code of ethics. The ethics of the company lead it to have vested interest in research and development while still focussing on making a profit in the large and profitable oil industry. Exxon Mobil is a great stock for beginner investors because of its security, ethics, innovative ideas, and great stock records.†¦show more content†¦This type of scenario is improbable seeing as gas is relatively inexpensive and the world is still consuming a lot of oil and gasoline for various daily tasks such as transportation, heating homes, plastics, and genera ting electricity. Since the company is largely oil and gas based, and we see no future paradigm shifts for the companies market, the stock is considered safe and profitable for the coming 3 year period. ExxonMobil Corp. is selling a commodity like gasoline used by consumers across the globe. This leads its stock price to fluctuate with the price of oil and gas seen at your everyday gas station and with the price of oil per barrel. Since oil prices are a highly publicized area of the news, this allows us as speculators to see when the stock price will fall and rise making it quite readable and hence, easy to follow. The gas market is still booming and demand is high and with a constant demand for oil, ExxonMobil have a very stable portfolio and is a great stock to invest in. ExxonMobil has many shares available for sale with a market capitalization of $409.01 Billion with an estimate stock price at about $96.50/share. (Unknown, 2014). As seen in the above chart, if we were to invest in ExxonMobil 3 years ago without reinvesting our dividends back into the company each quarter, we would see a three year return of roughly 8.2%. This is over double what we would see if we put our money in a Canadian Savings Bond at 1.4% annually. Considering that