Exxon Mobil Corporation (XOM) : Spirit Of America Management Corpny reduced its stake in Exxon Mobil Corporation by 46.29% during the most recent quarter end. The investment management company now holds a total of 66,125 shares of Exxon Mobil Corporation which is valued at $5,722,458 after selling 57,000 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 0.76% of Spirit Of America Management Corpny’s portfolio.
Other Hedge Funds, Including , Stock Yards Bank Trust Co reduced its stake in XOM by selling 14,310 shares or 9.07% in the most recent quarter. The Hedge Fund company now holds 143,397 shares of XOM which is valued at $12,409,576. Exxon Mobil Corporation makes up approx 1.72% of Stock Yards Bank Trust Co’s portfolio.Wealthcare Capital Management reduced its stake in XOM by selling 186 shares or 2.08% in the most recent quarter. The Hedge Fund company now holds 8,743 shares of XOM which is valued at $756,794. Exxon Mobil Corporation makes up approx 0.09% of Wealthcare Capital Management’s portfolio.New Harbor Financial Group reduced its stake in XOM by selling 600 shares or 19.35% in the most recent quarter. The Hedge Fund company now holds 2,500 shares of XOM which is valued at $216,400. Exxon Mobil Corporation makes up approx 0.32% of New Harbor Financial Group’s portfolio.First National Bank Of Mount Dora Trust Investment Services reduced its stake in XOM by selling 4,855 shares or 13.22% in the most recent quarter. The Hedge Fund company now holds 31,880 shares of XOM which is valued at $2,773,560. Exxon Mobil Corporation makes up approx 1.55% of First National Bank Of Mount Dora Trust Investment Services’s portfolio.Cacti Asset Management boosted its stake in XOM in the latest quarter, The investment management firm added 5,250 additional shares and now holds a total of 279,655 shares of Exxon Mobil Corporation which is valued at $24,329,985. Exxon Mobil Corporation makes up approx 2.48% of Cacti Asset Management’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 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.