Large Outflow of Money Witnessed in Exxon Mobil Corporation

Exxon Mobil Corporation (NYSE:XOM) managed to eke out gains of 0.8% in intraday trade. The share price increased by 0.72 points to $90.7. Till last observation, the net money flow was recorded at a negative $(-1.96) million. The total inflow of $141.07 million in upticks was completely overshadowed by an outflow of $143.03 million in downticks, giving the up/down ratio a value of 0.99. The shares have seen a change of 2.64% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $11.51 million and the composite value in downticks was $21.37 million. The resultant up/down ratio for the block exchange was 0.54. The block trade had a negative money flow of $(-9.86) million.


Currently the company Insiders own 0.14% of Exxon Mobil Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.94% . Institutional Investors own 51.85% of Exxon Mobil Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -5.09%. On the companys insider trading activities, Corson Bradley W, officer (Vice President) of Exxon Mobil Corp, unloaded 6,000 shares at an average price of $90.81 on June 7, 2016. The total amount of the transaction was worth $544,860, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Exxon Mobil Corporation (NYSE:XOM) : On Monday heightened volatility was witnessed in Exxon Mobil Corporation (NYSE:XOM) which led to swings in the share price. The stock opened for trading at $89.92 and hit $91.43 on the upside , eventually ending the session at $90.59, with a gain of 0.68% or 0.61 points. The heightened volatility saw the trading volume jump to 11,369,954 shares. The 52-week high of the share price is $91.43 and the company has a market cap of $375,642 million. The 52-week low of the share price is at $66.55 .

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Bank of America, downgrades their rating on the shares of Exxon Mobil Corporation (NYSE:XOM). Bank of America has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 2, 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 Companys 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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