Following the completion of the transaction, the vice president now directly owns 230,299 shares of the company’s stock, valued at approximately $20,496,611. The investment management company now holds a total of 272,772 shares of Exxon Mobil Corporation which is valued at $25,643,296 after selling 3,220 shares in Exxon Mobil Corporation, the firm said in a disclosure report filed with the SEC on Jul 21, 2016.Exxon Mobil Corporation makes up approximately 2.55% of Chesley Taft Associates’s portfolio. Exxon Mobil Corporation makes up approx 0.74% of Denali Advisors’s portfolio.
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Exxon Mobil Corporation (NYSE:XOM)’s mean EPS estimate was $0.89 for the quarter ended on 9/2015, while it reported EPS of $1.01 on 10/30/2015 BMO, beating the analysts’ consensus estimate by 0.12 with surprise factor of 13.48%. In the previous quarter, the company had reported earnings of 43 cents, which represented a substantial decline of around 63% from the year earlier.
The Company has received rating from WSJ analysts. Analysts forecast EPS of $0.60, down exactly $0.40 or 40.00% from 2014’s $1 EPS. The stock has a 50 day moving average price of $92.36 and a 200 day moving average price of $85.85. During the same period previous year, the business posted $1.17 earnings per share. Sales in Exxon’s “downstream”, or refining, business, the bulk of the energy company’s revenue, are expected to decline to $39 billion from $55 billion a year ago.
This third quarter dividend is at the same level as the dividend paid in the second quarter of 2016. Let’s take a closer look at the June 2016 earnings estimates, particularly the things investors should pay close attention to. Exxon Mobil has been the topic of 33 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The Hedge Fund company now holds 46,300 shares of XOM which is valued at $4,390,166. Morningstar reaffirmed a “buy” rating on shares of Exxon Mobil Corp.in a report on Wednesday, April 6th.
The High price target of the company’s Share is at $105 based on the calculations and analysis of 20 brokers. The company presently has an average rating of “Hold” and a consensus target price of $87.09. Caterpillar, Chevron and Exxon Mobil also weighed on the index as most components traded lower.
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Why Crude Oil & NGLs Operations Are 2x As Valuable As Refined Petroleum Products Operations For Exxon Mobil? The Company also manufactures and markets petrochemicals including olefins aromatics polyethylene and polypropylene plastics and a variety of specialty products.
