Exxon Mobil Co. (XOM) VP Sells $214,914.38 in Stock

Exxon Mobil Co. (NYSE:XOM) VP Neil A. Hansen sold 2,798 shares of the business’s stock in a transaction that occurred on Friday, December 14th. The shares were sold at an average price of $76.81, for a total value of $214,914.38. Following the completion of the transaction, the vice president now directly owns 32,800 shares in the company, valued at approximately $2,519,368. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of XOM stock opened at $75.58 on Friday. Exxon Mobil Co. has a 1-year low of $72.15 and a 1-year high of $89.30. The firm has a market cap of $320.27 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 2.13 and a beta of 0.84. The company has a current ratio of 0.83, a quick ratio of 0.54 and a debt-to-equity ratio of 0.10.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 2nd. The oil and gas company reported $1.46 EPS for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.25. The company had revenue of $76.61 billion for the quarter, compared to the consensus estimate of $72.91 billion. Exxon Mobil had a return on equity of 9.53% and a net margin of 8.15%. Exxon Mobil’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 earnings per share. Equities analysts predict that Exxon Mobil Co. will post 4.76 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 10th. Shareholders of record on Tuesday, November 13th were given a dividend of $0.82 per share. The ex-dividend date was Friday, November 9th. This represents a $3.28 dividend on an annualized basis and a yield of 4.34%. Exxon Mobil’s payout ratio is 91.36%.

Institutional investors and hedge funds have recently bought and sold shares of the business. Kwmg LLC purchased a new stake in Exxon Mobil during the second quarter worth $102,000. WESPAC Advisors SoCal LLC purchased a new stake in shares of Exxon Mobil in the third quarter valued at $110,000. Clearwater Capital Advisors LLC purchased a new stake in shares of Exxon Mobil in the first quarter valued at $122,000. Trilogy Capital Inc. purchased a new stake in shares of Exxon Mobil in the first quarter valued at $149,000. Finally, Mainstay Capital Management LLC ADV lifted its position in shares of Exxon Mobil by 112.7% in the second quarter. Mainstay Capital Management LLC ADV now owns 1,887 shares of the oil and gas company’s stock valued at $156,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors own 53.30% of the company’s stock.

A number of research firms have recently issued reports on XOM. Zacks Investment Research raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a report on Thursday, October 25th. Piper Jaffray Companies reissued a “hold” rating and issued a $81.00 target price on shares of Exxon Mobil in a report on Monday, November 19th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $93.00 target price on shares of Exxon Mobil in a report on Monday, December 10th. Raymond James reaffirmed a “sell” rating on shares of Exxon Mobil in a report on Tuesday, December 11th. Finally, Societe Generale set a $92.00 price objective on Exxon Mobil and gave the stock a “buy” rating in a report on Wednesday, September 26th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Exxon Mobil currently has an average rating of “Hold” and an average target price of $86.63.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; produces transportation fuels, such as marine gasoil and diesel; and transports and sells crude oil, natural gas, and petroleum products.

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