Published: Сб, Января 21, 2017
Hi-Tech | By Merle Christensen

Exxon Mobil Corporation (XOM): Deal Over Permian Holdings Signed

Analysts give NYCB a mean recommendation of 3.10.

"Given the current outlook for oil and a potential economic rebound in 2017, Exxon Mobil at $77 is an attractive risk reward" said McCoy.

In other news, VP Neil A. Chapman sold 16,000 shares of the stock in a transaction that occurred on Tuesday, November 15th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03.

The Permian Basin has become increasingly attractive of late because other large USA shale fields are only profitable with oil prices at US$60 per barrel or higher, while oil in the Permian can be produced at current prices of around US$53 per barrel. Exxon Mobil Corporation makes up approx 0.35% of Gemmer Asset Management's portfolio.Lathrop Investment Management Corp boosted its stake in XOM in the latest quarter, The investment management firm added 3,275 additional shares and now holds a total of 131,095 shares of Exxon Mobil Corporation which is valued at $11,380,357. Exxon Mobil Corp. The business's revenue for the quarter was down 12.9% compared to the same quarter past year.

Permian acreage is a prized because the basin's geology allows drillers to produce oil at very low prices and profit from the operations even as a severe oil price downturn extends into a third year. The number of shares now owned by investors are 4.15 bln. Under the 64-year-old, Exxon Mobil rebuffed shareholder efforts to push for more renewable investments and force the company to disclose risks associated with climate change.

Читайте также: London Women Getting Ready To March On Washington

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Exxon Mobil Corporation as 64.68 Billion. The firm has a 50 day moving average price of $88.89 and a 200-day moving average price of $88.13.

The performance for week is 0.41% and the performance for quarter is at 0.58%. Jefferies Group has a "Neutral" rating and a $92.00 price target on the stock. (NYSE:PEP) stock. Analyst's mean target price for PEP is $115.25 while analysts mean recommendation is 2.10.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 5115 shares were traded. Institutional investors and hedge funds own 49.95% of the company's stock.

The stock is now showing YTD performance of -6.13 Percent. The disclosure for this sale can be found here. Physicians Financial Services Inc. raised its stake in Exxon Mobil Corporation by 0.8% in the second quarter. Tuttle Tactical Management LLC purchased a new stake in shares of Exxon Mobil Corp. during the second quarter valued at approximately $125,000.

CenturyLink, Inc. (NYSE:CTL) shares moved to $25.47 after starting the day at $25.26 on Tuesday. The Company is engaged in the exploration and production of crude oil and natural gas. Company insiders own 0.14% of the company's stock. The Market Capitalization of the company stands at 351.31 Billion. Finally, HSBC set a $91.00 price objective on Exxon Mobil Corporation and gave the stock a "neutral" rating in a report on Tuesday, October 11th. Monitoring stock price activity relative to moving averages and the highs and lows for the past year might help with future stock price value assessment.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Like this: