Exxon Mobil Corp (XOM) Files Form 4 Insider Selling : Neil A Chapman Sells 12,000 Shares

Exxon Mobil Corp (XOM): Neil A Chapman , Vice President of Exxon Mobil Corp sold 12,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $89.00 per share for a total value of $1,068,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 18, 2016, Dennis G Wascom (Vice President) sold 5,326 shares at $81.75 per share price.On Feb 10, 2016, Bradley W Corson (Vice President) sold 2,000 shares at $81.00 per share price.Also, On Feb 8, 2016, James M Jr Spellings (Vice Pres. & Gen. Tax Counsel) sold 11,924 shares at $78.90 per share price.On Feb 8, 2016, Alan J Kelly (Vice President) sold 9,159 shares at $79.24 per share price.

Shares of Exxon Mobil Corporation (XOM) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.18% at $88.37 with 93,67,092 shares getting traded. Post opening the session at $88.44, the shares hit an intraday low of $88.03 and an intraday high of $88.83 and the price vacillated in this range throughout the day. The company has a market cap of $366,436 M and the number of outstanding shares has been calculated to be 4,14,66,11,400 shares. The 52-week high of Exxon Mobil Corporation is $90.46 and the 52-week low is $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.

Leave a Reply

Exxon Mobil Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Exxon Mobil Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.