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When the price of oil fell in 2014 and 2015, ExxonMobils stock price dropped in expectation that earnings would also eventually fall. The P/E ratio

When the price of oil fell in 2014 and 2015, ExxonMobils stock price dropped in expectation that earnings would also eventually fall. The P/E ratio was below 10 for some time. Go to finance.yahoo.com and type XOM into the Quote Lookup box. Scroll down and click on ExxonMobil Corporation.

Click on Profile and write a one-paragraph description of the companys activities. Return to the summary page and write down the companys P/E ratio. Is it still relatively low (under 15)?

Compare ExxonMobil to others in the industry (Chevron, BP, etc.) based on the P/E ratio and the PEG ratio (the P/E ratio divided by annual growth).

Go back to the summary page. Is the stock up or down from the prior day? (See the number in parentheses next to the share price.)

What is its 52-week range?

Click on the Analysts heading. What are the Average Earnings Estimate, Low Earnings Estimate, and High Earnings Estimate? How many analysts follow earnings?

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