Bouchey Financial Group Ltd Exits Position in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Bouchey Financial Group Ltd has sold out all of its stake in Exxon Mobil Corporation during the most recent quarter, according to the disclosure filed by the company on Oct 11, 2016 with the SEC. The investment management company has sold out 3,097 shares of Exxon Mobil Corporation which is valued at $273,899.

Other Hedge Funds, Including , Maple Securities Usa Inc sold out all of its stake in XOM during the most recent quarter. The investment firm sold 37,317 shares of XOM which is valued $3,300,315.Private Asset Management Inc boosted its stake in XOM in the latest quarter, The investment management firm added 2,040 additional shares and now holds a total of 200,997 shares of Exxon Mobil Corporation which is valued at $17,486,739. Exxon Mobil Corporation makes up approx 2.96% of Private Asset Management Inc’s portfolio.Washington Trust Bank reduced its stake in XOM by selling 1,708 shares or 2.61% in the most recent quarter. The Hedge Fund company now holds 63,729 shares of XOM which is valued at $5,544,423. Exxon Mobil Corporation makes up approx 1.33% of Washington Trust Bank’s portfolio.Beacon Financial Group reduced its stake in XOM by selling 13,369 shares or 18.11% in the most recent quarter. The Hedge Fund company now holds 60,454 shares of XOM which is valued at $5,259,498. Exxon Mobil Corporation makes up approx 1.11% of Beacon Financial Group’s portfolio.

Exxon Mobil Corporation closed down -0.7 points or -0.79% at $87.74 with 93,09,029 shares getting traded on Tuesday. Post opening the session at $88.08, the shares hit an intraday low of $87.3 and an intraday high of $88.19 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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.

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