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Assume you are considering an investment in either Exxon Mobil or ConocoPhillips. Exxon Mobil lists net income of $300 million and total shares outstanding of 90 million. The current market price of Home Depot is $100.00. ConocoPhillips lists net income of $250 million and total shares outstanding of 75 million. The current market price of ConocoPhillips is $85.50. Calculate the earnings per share and price-earnings ratio for Exxon Mobil and ConocoPhillips. Which company would YOU want to invest in? Why

Financial Management, Finance

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