Exxon Mobil Corporation (XOM) : Cfo4life added new position in Exxon Mobil Corporation during the most recent quarter end. The investment management firm now holds 6,060 shares of Exxon Mobil Corporation which is valued at $525,523 , the company said in a statement filed on Aug 8, 2016 with the SEC.Exxon Mobil Corporation makes up approximately 0.44% of Cfo4life’s portfolio.
Other Hedge Funds, Including , Nottingham Advisors reduced its stake in XOM by selling 1,145 shares or 16.26% in the most recent quarter. The Hedge Fund company now holds 5,897 shares of XOM which is valued at $511,388. Exxon Mobil Corporation makes up approx 0.09% of Nottingham Advisors’s portfolio.Eads Heald Investment Counsel reduced its stake in XOM by selling 258 shares or 1.16% in the most recent quarter. The Hedge Fund company now holds 21,893 shares of XOM which is valued at $1,947,382. Exxon Mobil Corporation makes up approx 1.31% of Eads Heald Investment Counsel’s portfolio.Hilton Capital Management reduced its stake in XOM by selling 129 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 6,851 shares of XOM which is valued at $622,824. Exxon Mobil Corporation makes up approx 0.20% of Hilton Capital Management’s portfolio.Shine Investment Advisory Services Inc reduced its stake in XOM by selling 4,596 shares or 22.98% in the most recent quarter. The Hedge Fund company now holds 15,406 shares of XOM which is valued at $1,447,086. Exxon Mobil Corporation makes up approx 1.61% of Shine Investment Advisory Services Inc’s portfolio.
Exxon Mobil Corporation closed down -0.04 points or -0.05% at $87.81 with 64,32,580 shares getting traded on Monday. Post opening the session at $88.42, the shares hit an intraday low of $87.64 and an intraday high of $88.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Exxon Mobil Corporation reported $0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $0.64. The company had revenue of $57694.00 million for the quarter, compared to analysts expectations of $64001.29 million. The company’s revenue was down -22.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.00 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.
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.