Exxon Mobil Co. (NYSE:XOM) – Equities researchers at Jefferies Group issued their Q1 2018 earnings estimates for shares of Exxon Mobil in a note issued to investors on Monday. Jefferies Group analyst J. Gammel anticipates that the oil and gas company will post earnings per share of $1.05 for the quarter. Jefferies Group has a “Neutral” rating and a $87.00 price objective on the stock. Jefferies Group also issued estimates for Exxon Mobil’s Q2 2018 earnings at $1.04 EPS, Q3 2018 earnings at $1.20 EPS, Q4 2018 earnings at $1.20 EPS, FY2018 earnings at $4.49 EPS and FY2019 earnings at $4.37 EPS.
Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.18). The business had revenue of $66.52 billion during the quarter, compared to analysts’ expectations of $74.41 billion. Exxon Mobil had a return on equity of 8.09% and a net margin of 7.61%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 EPS.
Shares of Exxon Mobil (NYSE XOM) opened at $78.35 on Wednesday. The stock has a market capitalization of $331,980.00, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 1.14 and a beta of 0.82. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54. Exxon Mobil has a one year low of $76.05 and a one year high of $89.30.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 12th will be paid a dividend of $0.77 per share. The ex-dividend date is Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.93%. Exxon Mobil’s payout ratio is 66.52%.
In related news, VP Bradley W. Corson sold 19,500 shares of the business’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the sale, the vice president now directly owns 229,774 shares in the company, valued at approximately $19,073,539.74. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Robert N. Schleckser sold 5,601 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.93, for a total value of $470,091.93. Following the sale, the vice president now owns 187,663 shares in the company, valued at $15,750,555.59. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,357 shares of company stock worth $4,273,910. 0.08% of the stock is currently owned by corporate insiders.
Institutional investors have recently bought and sold shares of the stock. Shell Asset Management Co. boosted its holdings in shares of Exxon Mobil by 31.9% in the 3rd quarter. Shell Asset Management Co. now owns 1,066,127 shares of the oil and gas company’s stock worth $100,269,000 after purchasing an additional 257,727 shares in the last quarter. Compass Capital Management Inc. boosted its holdings in shares of Exxon Mobil by 1.5% in the 2nd quarter. Compass Capital Management Inc. now owns 13,272 shares of the oil and gas company’s stock worth $1,071,000 after purchasing an additional 199 shares in the last quarter. Mizuho Securities USA LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter worth about $1,255,000. Rockefeller Financial Services Inc. boosted its holdings in shares of Exxon Mobil by 15.5% in the 3rd quarter. Rockefeller Financial Services Inc. now owns 933,294 shares of the oil and gas company’s stock worth $76,511,000 after purchasing an additional 125,501 shares in the last quarter. Finally, WESPAC Advisors LLC boosted its holdings in shares of Exxon Mobil by 82.0% in the 2nd quarter. WESPAC Advisors LLC now owns 6,321 shares of the oil and gas company’s stock worth $510,000 after purchasing an additional 2,848 shares in the last quarter. Institutional investors and hedge funds own 51.28% of the company’s stock.
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About Exxon Mobil
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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