In today’s session Exxon Mobil Corporation (XOM) registered an unusually high (349) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious XOM increase. With 349 contracts traded and 149254 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: XOM170120C00082500 closed last at: $5.75 or 5.7% down. About 3.70M shares traded hands. Exxon Mobil Corporation (NYSE:XOM) has risen 5.01% since March 14, 2016 and is uptrending. It has underperformed by 0.60% the S&P500.
Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on November, 4. They expect $0.87 EPS, down 13.86% or $0.14 from last year’s $1.01 per share. XOM’s profit will be $3.61 billion for 24.78 P/E if the $0.87 EPS becomes a reality. After $0.41 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 112.20% EPS growth.
Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage
Out of 17 analysts covering Exxon Mobil (NYSE:XOM), 6 rate it a “Buy”, 5 “Sell”, while 6 “Hold”. This means 35% are positive. Exxon Mobil has been the topic of 36 analyst reports since July 22, 2015 according to StockzIntelligence Inc. On Thursday, September 3 the stock rating was maintained by Barclays Capital with “Underweight”. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Neutral” rating given on Monday, May 2 by UBS. The firm has “Strong-Buy” rating by Vetr given on Wednesday, August 12. The firm has “Neutral” rating by Bank of America given on Thursday, June 2. The rating was initiated by Macquarie Research with “Underperform” on Wednesday, September 23. As per Monday, October 12, the company rating was upgraded by Barclays Capital. Vetr upgraded Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, August 20. Vetr has “Buy” rating and $86.25 price target. Deutsche Bank maintained Exxon Mobil Corporation (NYSE:XOM) on Tuesday, March 29 with “Hold” rating. TD Securities maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, August 6. TD Securities has “Hold” rating and $52 price target. The company was downgraded on Wednesday, November 18 by Raymond James.
According to Zacks Investment Research, “Exxon Mobil Corporation’s principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. Exxon Mobil is a major manufacturer and marketer of basic petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. Exxon Mobil is engaged in exploration for, and mining and sale of coal, copper and other minerals.”
Insitutional Activity: The institutional sentiment decreased to 0.91 in Q2 2016. Its down 0.22, from 1.13 in 2016Q1. The ratio fall, as 64 funds sold all Exxon Mobil Corporation shares owned while 811 reduced positions. 93 funds bought stakes while 702 increased positions. They now own 2.05 billion shares or 3.72% less from 2.13 billion shares in 2016Q1.
Moller Fin Service accumulated 7,683 shares or 0.35% of the stock. Timber Creek Capital Mgmt Ltd Liability Corp last reported 28,216 shares in the company. Tuttle Tactical Mngmt Lc accumulated 0.11% or 1,336 shares. Paragon Capital Limited owns 18,237 shares or 0.94% of their US portfolio. Semper Augustus Investments Grp Ltd Liability Co has 7.27% invested in the company for 107,029 shares. Palisade Asset Management Limited Liability Corporation accumulated 123,152 shares or 2.18% of the stock. Loews Corp last reported 0% of its portfolio in the stock. Argyle Capital Incorporated last reported 13,598 shares in the company. Salem Counselors holds 1.33% or 117,986 shares in its portfolio. Cordasco Fincl Net has 0.25% invested in the company for 2,317 shares. Swift Run Capital Mngmt Llc last reported 5,253 shares in the company. Ubs Asset Mngmt Americas, a Illinois-based fund reported 11.33M shares. The California-based Telos Mngmt has invested 1.92% in Exxon Mobil Corporation (NYSE:XOM). Natl Pension Service has 1.9% invested in the company for 2.28M shares. Forte Capital Ltd Liability Adv reported 20,231 shares or 0.73% of all its holdings.
Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 3 sales for $2.83 million net activity. 12,000 Exxon Mobil Corporation (NYSE:XOM) shares with value of $1.07M were sold by Chapman Neil A. Franklin Robert Stuart also sold $1.22M worth of Exxon Mobil Corporation (NYSE:XOM) on Wednesday, August 24. On Tuesday, June 7 the insider Corson Bradley W sold $544,860.
Exxon Mobil Corporation is an energy company. The company has a market cap of $357.48 billion. The Firm is engaged in the exploration and production of natural gas and crude oil, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. It has a 34.26 P/E ratio. The Firm also makes and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.
XOM Company Profile
Exxon Mobil Corporation, incorporated on August 5, 1882, is an energy company. The Firm is engaged in the exploration and production of natural gas and crude oil, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Firm also makes and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products. The Firm operates through the Upstream, Downstream, Chemical, and Corporate and Financing divisions. The Upstream segment operates explores for and produces natural gas and crude oil. The Downstream segment makes and sells petroleum products. The Chemical segment makes and sells petrochemicals. The Company’s projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, Azeri-Chirag-Gunashli field, the Barzan project, the Arkutun-Dagi project, and the Upper Zakum 750 project, among others.
More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Investorplace.com which released: “Go Long Exxon Mobil Corporation (XOM) at a Double Discount” on September 27, 2016, also Prnewswire.com with their article: “Repsol, Exxon Mobil Corporation, Petronas and Royal Dutch Shell are Expanding …” published on September 29, 2016, Seekingalpha.com published: “Regulatory Risk Weighs On Exxon Mobil Corporation: Is The Stock About To Crash …” on October 07, 2016. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Is Exxon Mobil Corp. Stock Still A Good Pick?” published on September 29, 2016 as well as Businesswire.com‘s news article titled: “ExxonMobil Expands New Exceed XP Performance Polymers Porfolio” with publication date: October 17, 2016.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.