Exxon Mobil Corporation (XOM) : Indiana Trust Investment Management Co reduced its stake in Exxon Mobil Corporation by 0.3% during the most recent quarter end. The investment management company now holds a total of 38,831 shares of Exxon Mobil Corporation which is valued at $3,612,060 after selling 115 shares in Exxon Mobil Corporation , the firm said in a disclosure report filed with the SEC on Jul 5, 2016.Exxon Mobil Corporation makes up approximately 1.89% of Indiana Trust Investment Management Co’s portfolio.
Other Hedge Funds, Including , Integrated Investment Consultants boosted its stake in XOM in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 15,807 shares of Exxon Mobil Corporation which is valued at $1,470,367. Exxon Mobil Corporation makes up approx 0.77% of Integrated Investment Consultants’s portfolio.Cacti Asset Management boosted its stake in XOM in the latest quarter, The investment management firm added 1,025 additional shares and now holds a total of 274,405 shares of Exxon Mobil Corporation which is valued at $25,750,165. Exxon Mobil Corporation makes up approx 2.79% of Cacti Asset Management’s portfolio.Baystate Wealth Management reduced its stake in XOM by selling 267 shares or 1.73% in the most recent quarter. The Hedge Fund company now holds 15,174 shares of XOM which is valued at $1,423,928. Exxon Mobil Corporation makes up approx 0.32% of Baystate Wealth Management’s portfolio.Cullinan Associates Inc reduced its stake in XOM by selling 14,159 shares or 2.75% in the most recent quarter. The Hedge Fund company now holds 500,106 shares of XOM which is valued at $46,929,947. Exxon Mobil Corporation makes up approx 3.82% of Cullinan Associates Inc’s portfolio.Toth Financial Advisory Corp boosted its stake in XOM in the latest quarter, The investment management firm added 127 additional shares and now holds a total of 7,804 shares of Exxon Mobil Corporation which is valued at $732,327. Exxon Mobil Corporation makes up approx 0.22% of Toth Financial Advisory Corp’s portfolio.
Exxon Mobil Corporation opened for trading at $93.75 and hit $94.41 on the upside on Monday, eventually ending the session at $93.89, with a gain of 0.37% or 0.35 points. The heightened volatility saw the trading volume jump to 83,35,705 shares. Company has a market cap of $389,325 M.
On the company’s financial health, Exxon Mobil Corporation reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $0.32. The company had revenue of $48707.00 million for the quarter, compared to analysts expectations of $50135.41 million. The company’s revenue was down -28.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.17 EPS.
Many Wall Street Analysts have commented on Exxon Mobil Corporation. Exxon Mobil Corporation was Downgraded by BofA/Merrill to ” Neutral” on Jun 2, 2016. Exxon Mobil Corporation was Upgraded by Argus to ” Buy” on May 18, 2016. Company shares were Reiterated by UBS on May 2, 2016 to “Neutral”, Firm has raised the Price Target to $ 85 from a previous price target of $77 .
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.