Exxon (XOM, $32.92) to cut 1,900 jobs in US
ExxonMobil Corp. said it plans to cut around 1,900 domestic jobs, and to lower its global workforce by around -15% over the next two years.
The oil giant said that the dampening of energy demand due to COVID-19 has forced the company to make the changes.
According to Exxon, the job cuts will improve the company’s long-term cost competitiveness and to ensure the company manages through the current “unprecedented market conditions."
WTI crude prices have plunged more than -42% from their pre-pandemic peak. Outlook on near-term demand is gloomy among investors amid new lockdown orders in Europe and decreasing gasoline consumption in the United States.
XOM saw its Stochastic Oscillator recovers from the overbought zone
The Stochastic Oscillator for XOM moved out of overbought territory on November 20, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 69 similar instances where the indicator exited the overbought zone. In of the 69 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for XOM moved out of overbought territory on November 12, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XOM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
XOM broke above its upper Bollinger Band on November 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 07, 2025. You may want to consider a long position or call options on XOM as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XOM just turned positive on November 07, 2025. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
XOM moved above its 50-day moving average on October 17, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 367 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 297 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 51, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. XOM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.894) is normal, around the industry mean (1.282). P/E Ratio (17.009) is within average values for comparable stocks, (17.920). Projected Growth (PEG Ratio) (2.760) is also within normal values, averaging (1.833). Dividend Yield (0.034) settles around the average of (0.067) among similar stocks. P/S Ratio (1.567) is also within normal values, averaging (0.960).
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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