Bristlecone Advisors buys $3,264,367 stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Bristlecone Advisors scooped up 1,424 additional shares in Exxon Mobil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 37,205 shares of Exxon Mobil Corporation which is valued at $3,264,367.Exxon Mobil Corporation makes up approximately 1.19% of Bristlecone Advisors’s portfolio.

Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in XOM by selling 3,194 shares or 3.99% in the most recent quarter. The Hedge Fund company now holds 76,855 shares of XOM which is valued at $6,743,258. Exxon Mobil Corporation makes up approx 0.05% of Eagle Asset Management Inc’s portfolio. Bouchey Financial Group Ltd sold out all of its stake in XOM during the most recent quarter. The investment firm sold 3,097 shares of XOM which is valued $273,899.Cutler Group Lp boosted its stake in XOM in the latest quarter, The investment management firm added 41,828 additional shares and now holds a total of 44,228 shares of Exxon Mobil Corporation which is valued at $3,911,524. Exxon Mobil Corporation makes up approx 0.24% of Cutler Group Lp’s portfolio.Nadler Financial Group reduced its stake in XOM by selling 121 shares or 0.82% in the most recent quarter. The Hedge Fund company now holds 14,579 shares of XOM which is valued at $1,264,582. Exxon Mobil Corporation makes up approx 0.51% of Nadler 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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