Country Club Trust Company N.a. Lowers stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Country Club Trust Company N.a. reduced its stake in Exxon Mobil Corporation by 2.7% during the most recent quarter end. The investment management company now holds a total of 172,649 shares of Exxon Mobil Corporation which is valued at $14,941,044 after selling 4,798 shares in Exxon Mobil Corporation , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Exxon Mobil Corporation makes up approximately 2.16% of Country Club Trust Company N.a.’s portfolio.

Other Hedge Funds, Including , Peddock Capital Advisors boosted its stake in XOM in the latest quarter, The investment management firm added 115,015 additional shares and now holds a total of 834,564 shares of Exxon Mobil Corporation which is valued at $72,223,169. Exxon Mobil Corporation makes up approx 47.80% of Peddock Capital Advisors’s portfolio.Daiwa Sb Investments Ltd. reduced its stake in XOM by selling 7,630 shares or 6.9% in the most recent quarter. The Hedge Fund company now holds 102,910 shares of XOM which is valued at $9,029,323. Exxon Mobil Corporation makes up approx 2.37% of Daiwa Sb Investments Ltd.’s portfolio.Hollencrest Securities reduced its stake in XOM by selling 209 shares or 2.57% in the most recent quarter. The Hedge Fund company now holds 7,932 shares of XOM which is valued at $695,954. Exxon Mobil Corporation makes up approx 0.10% of Hollencrest Securities’s portfolio.Lenox Wealth Advisors boosted its stake in XOM in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 2,718 shares of Exxon Mobil Corporation which is valued at $236,466. Exxon Mobil Corporation makes up approx 0.07% of Lenox Wealth Advisors’s portfolio.

Exxon Mobil Corporation closed down -0.02 points or -0.02% at $86.54 with 79,91,654 shares getting traded on Friday. Post opening the session at $87.19, the shares hit an intraday low of $86.48 and an intraday high of $87.535 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.

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.

Leave a Reply

Exxon Mobil Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Exxon Mobil Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.