2 Reasons Exxon Mobil Corporation Is a Better Value Stock than Royal Dutch Shell plc
Income investors who take a quick look at Royal Dutch Shell plc's (NYSE: RDS-B) 6% dividend yield might be tempted to think it offers a better value than ExxonMobil Corporation (NYSE: XOM) with its 3.7% yield. There are good things taking shape at each of these integrated oil majors -- but when you look past the dividend yield, Exxon appears to be the better value. Here's why.
During the worst of the oil downturn that started in mid-2014, Shell agreed to acquire BG Group. That move, which cost roughly $50 billion, helped increase the company's debt level by over 50% in 2016. Investors were clearly concerned, pushing shares down to the lowest price to tangible book value ratio they had seen in a decade at the start of 2017.
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Source: Fool.com
Exxon Mobil Corp. Stock
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 126 € there is a slightly positive potential of 15.17% for Exxon Mobil Corp. compared to the current price of 109.4 €.
