Exxon Mobil Corp (XOM) Files Form 4 Insider Selling : Bradley W Corson Sells 6,000 Shares

Exxon Mobil Corp (XOM): Bradley W Corson , Vice President of Exxon Mobil Corp sold 6,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $90.81 per share for a total value of $544,860.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Neil A Chapman (Vice President) sold 12,000 shares at $89.00 per share price.On Feb 18, 2016, Dennis G Wascom (Vice President) sold 5,326 shares at $81.75 per share price.Also, On Feb 10, 2016, Bradley W Corson (Vice President) sold 2,000 shares at $81.00 per share price.On Feb 8, 2016, James M Jr Spellings (Vice Pres. & Gen. Tax Counsel) sold 11,924 shares at $78.90 per share price.

Exxon Mobil Corporation: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Exxon Mobil Corporation which led to swings in the share price. The shares opened for trading at $89.75 and hit $90.92 on the upside , eventually ending the session at $90.71, with a gain of 1.53% or 1.37 points. The heightened volatility saw the trading volume jump to 1,28,89,082 shares. The 52-week high of the share price is $90.92 and the company has a market cap of $376,139 M . The 52-week low of the share price is at $66.55.

Exxon Mobil Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Exxon Mobil Corporation is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 2, 2016.Exxon Mobil Corporation is Upgraded by Argus to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 18, 2016.Exxon Mobil Corporation is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 85 from a previous price target of $77 .The Rating was issued on May 2, 2016.Exxon Mobil Corporation is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 85 from a previous price target of $80 .The Rating was issued on Apr 8, 2016.Exxon Mobil Corporation is Reiterated by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 82 from a previous price target of $85 . The Rating was issued on Mar 29, 2016.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products and transportation and sale of crude oil natural gas and petroleum products. The Company also manufactures and markets petrochemicals including olefins aromatics polyethylene and polypropylene plastics and a variety of specialty products. The Company’s projects include the Kearl project Heidelberg project the Point Thomson project the Hadrian South project the Lucius project the Chirag Oil project the Tapis Enhanced Oil Recovery project the Damar project and the Barzan project among others. The Company is conducting its operations and projects in the United States Asia Africa Canada/South America Europe and Australia/Oceania.

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