Exxon Mobil Corporation (XOM) : Dorsey Whitney Trust Co scooped up 12,249 additional shares in Exxon Mobil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 102,654 shares of Exxon Mobil Corporation which is valued at $9,018,154.Exxon Mobil Corporation makes up approximately 2.02% of Dorsey Whitney Trust Co’s portfolio.
Other Hedge Funds, Including , Tuttle Tactical Management added XOM to its portfolio by purchasing 1,336 company shares during the most recent quarter which is valued at $117,368. Exxon Mobil Corporation makes up approx 0.10% of Tuttle Tactical Management’s portfolio.Brave Asset Management Inc boosted its stake in XOM in the latest quarter, The investment management firm added 470 additional shares and now holds a total of 34,701 shares of Exxon Mobil Corporation which is valued at $3,009,271. Exxon Mobil Corporation makes up approx 1.97% of Brave Asset Management Inc’s portfolio.Lucas Capital Management reduced its stake in XOM by selling 1,806 shares or 5.16% in the most recent quarter. The Hedge Fund company now holds 33,178 shares of XOM which is valued at $2,951,183. Exxon Mobil Corporation makes up approx 2.04% of Lucas Capital Management’s portfolio.Nikko Asset Management Americas boosted its stake in XOM in the latest quarter, The investment management firm added 29,700 additional shares and now holds a total of 478,793 shares of Exxon Mobil Corporation which is valued at $44,973,026. Exxon Mobil Corporation makes up approx 4.15% of Nikko Asset Management Americas’s portfolio.
Exxon Mobil Corporation closed down -1.11 points or -1.25% at $87.8 with 86,15,269 shares getting traded on Friday. Post opening the session at $88.63, the shares hit an intraday low of $87.79 and an intraday high of $88.74 and the price fluctuated in this range throughout the day.Shares ended Friday 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.