Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Here’s How Much Investing $100 In Exxon Mobil Stock Back In 2010 Would Be Worth Today

Courtesy of Benzinga

Here's How Much Investing $100 In Exxon Mobil Stock Back In 2010 Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks didn’t keep pace along the way.

Exxon’s Difficult Decade

One of the biggest market laggards of the decade was oil major Exxon Mobil Corporation (NYSE: XOM).

Exxon is the largest American oil & gas supermajor. As recently as 2011, Exxon was the most valuable company in the world by market cap, but a collapse of the global oil market in 2014 dragged down the entire energy sector.

Exxon started the 2010s trading at around $68. Surprisingly, Exxon hit its low point of the decade in mid-2010, trading down to $55.94. Exxon then rocketed higher in the next several years, reaching its decade high of $104.76 in mid-2014, just prior to the oil price collapse.

2020 And Beyond

Exxon shares dropped back below $100 within months and were back down below $70 by mid-2015. Despite a stabilizing global oil market, Exxon shares have yet to gain significant traction and haven’t traded above $85 since late 2018. Exxon started the decade as the largest U.S. public company, but ended it as the 15th largest.

Exxon investors still managed to turn a profit in the 2010s, and $100 worth of Exxon stock in 2010 would be worth about $140 today, assuming reinvested dividends.

Looking ahead, analysts expect Exxon will finally start to gain some ground in 2020. The average price target among the 21 analysts covering the stock is $75, suggesting 7.2% upside from current levels.

Related Links:

10 Worst Performing S&P 500 Stocks Of 2019

10 Best Performing S&P 500 Stocks Of 2019

Posted-In: Top Stories Movers Trading Ideas Best of Benzinga


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!