Exxon Mobil Corporation (XOM) : Srb Corp reduced its stake in Exxon Mobil Corporation by 0.2% during the most recent quarter end. The investment management company now holds a total of 924,144 shares of Exxon Mobil Corporation which is valued at $81,186,050 after selling 1,808 shares in Exxon Mobil Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Exxon Mobil Corporation makes up approximately 11.96% of Srb Corp’s portfolio.
Other Hedge Funds, Including , Boothbay Fund Management boosted its stake in XOM in the latest quarter, The investment management firm added 128 additional shares and now holds a total of 5,996 shares of Exxon Mobil Corporation which is valued at $526,749. Exxon Mobil Corporation makes up approx 0.23% of Boothbay Fund Management’s portfolio.Capital Counselny reduced its stake in XOM by selling 5,550 shares or 4.04% in the most recent quarter. The Hedge Fund company now holds 131,789 shares of XOM which is valued at $11,577,664. Exxon Mobil Corporation makes up approx 1.03% of Capital Counselny’s portfolio.Tci Wealth Advisors reduced its stake in XOM by selling 1,733 shares or 2.14% in the most recent quarter. The Hedge Fund company now holds 79,374 shares of XOM which is valued at $6,883,313. Exxon Mobil Corporation makes up approx 3.69% of Tci Wealth Advisors’s portfolio.Putnam Fl Investment Management Co reduced its stake in XOM by selling 769 shares or 1.73% in the most recent quarter. The Hedge Fund company now holds 43,572 shares of XOM which is valued at $3,812,114. Exxon Mobil Corporation makes up approx 0.44% of Putnam Fl Investment Management Co’s portfolio.Thompson Investment Management reduced its stake in XOM by selling 3,282 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 274,899 shares of XOM which is valued at $24,050,914. Exxon Mobil Corporation makes up approx 4.73% of Thompson Investment Management’s portfolio.
Exxon Mobil Corporation closed down -0.3 points or -0.34% at $86.84 with 84,34,729 shares getting traded on Thursday. Post opening the session at $86.72, the shares hit an intraday low of $86.09 and an intraday high of $86.84 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.
Many Wall Street Analysts have commented on Exxon Mobil Corporation. Exxon Mobil Corporation was Downgraded by BofA/Merrill to ” Neutral” on Jun 2, 2016. Exxon Mobil Corporation was Upgraded by Argus to ” Buy” on May 18, 2016.
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.