Exxon Mobil Corporation (XOM) : Woodmont Investment Counsel reduced its stake in Exxon Mobil Corporation by 1.79% during the most recent quarter end. The investment management company now holds a total of 67,222 shares of Exxon Mobil Corporation which is valued at $5,732,692 after selling 1,225 shares in Exxon Mobil Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Exxon Mobil Corporation makes up approximately 1.67% of Woodmont Investment Counsel’s portfolio.
Other Hedge Funds, Including , Greenwood Capital Associates sold out all of its stake in XOM during the most recent quarter. The investment firm sold 2,250 shares of XOM which is valued $191,880.Cim Investment Mangement Inc reduced its stake in XOM by selling 1,920 shares or 7.67% in the most recent quarter. The Hedge Fund company now holds 23,103 shares of XOM which is valued at $2,011,116. Exxon Mobil Corporation makes up approx 0.77% of Cim Investment Mangement Inc’s portfolio.Korea Investment Corp boosted its stake in XOM in the latest quarter, The investment management firm added 175,915 additional shares and now holds a total of 2,684,525 shares of Exxon Mobil Corporation which is valued at $231,540,281. Exxon Mobil Corporation makes up approx 1.24% of Korea Investment Corp’s portfolio.Qci Asset Management Incny reduced its stake in XOM by selling 2,725 shares or 1.24% in the most recent quarter. The Hedge Fund company now holds 216,973 shares of XOM which is valued at $18,132,434. Exxon Mobil Corporation makes up approx 2.64% of Qci Asset Management Incny’s portfolio.Amica Pension Fund Board Of Trustees reduced its stake in XOM by selling 25,252 shares or 15.59% in the most recent quarter. The Hedge Fund company now holds 136,685 shares of XOM which is valued at $11,435,067. Exxon Mobil Corporation makes up approx 1.54% of Amica Pension Fund Board Of Trustees’s portfolio.
Exxon Mobil Corporation opened for trading at $85.21 and hit $85.65 on the upside on Monday, eventually ending the session at $85.28, with a gain of 0.06% or 0.05 points. The heightened volatility saw the trading volume jump to 84,57,804 shares. Company has a market cap of $353,630 M.
On the company’s financial health, Exxon Mobil Corporation reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Oct 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $58677.00 million for the quarter, compared to analysts expectations of $60602.74 million. The company’s revenue was down -12.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.01 EPS.
Many Wall Street Analysts have commented on Exxon Mobil Corporation. Exxon Mobil Corporation was Downgraded by Goldman to ” Neutral” on Oct 31, 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.