Macnealy Hoover Investment Management Inc Lowers stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Macnealy Hoover Investment Management Inc reduced its stake in Exxon Mobil Corporation by 3.24% during the most recent quarter end. The investment management company now holds a total of 55,561 shares of Exxon Mobil Corporation which is valued at $4,913,815 after selling 1,859 shares in Exxon Mobil Corporation , the firm said in a disclosure report filed with the SEC on Oct 11, 2016.Exxon Mobil Corporation makes up approximately 0.92% of Macnealy Hoover Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Cobiz Investment Management boosted its stake in XOM in the latest quarter, The investment management firm added 3,193 additional shares and now holds a total of 26,080 shares of Exxon Mobil Corporation which is valued at $2,306,515. Exxon Mobil Corporation makes up approx 0.56% of Cobiz Investment Management’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in XOM by selling 14,563 shares or 1.36% in the most recent quarter. The Hedge Fund company now holds 1,058,788 shares of XOM which is valued at $91,839,271. Exxon Mobil Corporation makes up approx 1.93% of Exxonmobil Investment Management Inc Tx’s portfolio.Trust Co Of Oklahoma boosted its stake in XOM in the latest quarter, The investment management firm added 594 additional shares and now holds a total of 283,228 shares of Exxon Mobil Corporation which is valued at $24,567,197. Exxon Mobil Corporation makes up approx 13.62% of Trust Co Of Oklahoma’s portfolio.Curbstone Financial Management Corp boosted its stake in XOM in the latest quarter, The investment management firm added 732 additional shares and now holds a total of 66,142 shares of Exxon Mobil Corporation which is valued at $5,754,354. Exxon Mobil Corporation makes up approx 1.86% of Curbstone Financial Management Corp’s portfolio.Lynch Associatesin reduced its stake in XOM by selling 1,208 shares or 1.08% in the most recent quarter. The Hedge Fund company now holds 110,404 shares of XOM which is valued at $9,605,148. Exxon Mobil Corporation makes up approx 4.25% of Lynch Associatesin’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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