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Barchart
Barchart
Mark R. Hake, CFA

ExxonMobil Gushes Huge Cash Flow Albeit at Lower Levels - Is it Time to Buy?

ExxonMobil Corp (XOM) generated strong cash flow from operations and free cash flow, although both were lower than last year. XOM stock is well off its highs, reflecting this lower performance, so is it time to buy? Based on its historical dividend yield, one value measure indicates it's a buy.

XOM is trading at $106.62 in midday on Monday, Feb. 3. That is well off its recent high of $121.79 on Nov. 22. That has piqued interest from value investors, as well as from short-put investors. 

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