Exxon Mobil Corporation (XOM) : Traders are bullish on Exxon Mobil Corporation (XOM) as it has outperformed the S&P 500 by a wide margin of 0.46% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.69% in the last 1 week, and is up 4.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.89% and the 50-Day Moving Average is 4.97%.
Exxon Mobil Corporation (NYSE:XOM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $95.44 and $94.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $95.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $95.12, notching a gain of 0.18% for the day. The total traded volume was 10,334,453 . The stock had closed at $94.95 on the previous day.
The company Insiders own 0.14% of Exxon Mobil Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.94% . Institutional Investors own 51.83% of Exxon Mobil Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -5.09%. In a related news, Corson Bradley W, officer (Vice President) of Exxon Mobil Corp, unloaded 6,000 shares at an average price of $90.81 on June 7, 2016. The total amount of the transaction was worth $544,860, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.