at least 100 . that is what i see we are in a commodity bull all commodity related stuff should be going up
my target for xom over the next year is
Started by
gannman
, Oct 25 2021 10:09 AM
2 replies to this topic
#1
gannman
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Posted 25 October 2021 - 10:09 AM
feeling mellow with the yellow metal
#2
Douglas
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Posted 25 October 2021 - 12:16 PM
gannman, if you take a conservative PE of 16 or so from the plot below and the average of next year's high and medium earnings estimates from finance.yahoo.com which is about $6.43, you get 16 x $6.43 = $102.88/share, so one hundred bucks is not far fetched at all, especially if XOM gets smart and teams up with some sort of tree hugging green company doing flue gas carbon capture or some such thing to reform its public image.
Regards,
Douglas
#3
slupert
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Posted 25 October 2021 - 04:21 PM
gannman, if you take a conservative PE of 16 or so from the plot below and the average of next year's high and medium earnings estimates from finance.yahoo.com which is about $6.43, you get 16 x $6.43 = $102.88/share, so one hundred bucks is not far fetched at all, especially if XOM gets smart and teams up with some sort of tree hugging green company doing flue gas carbon capture or some such thing to reform its public image.
Regards,
Douglas
You see anything good in the crbon capture space, let me know.
