Darrin Talley Sells 3,000 Shares of Exxon Mobil (NYSE:XOM) Stock

Exxon Mobil Corporation (NYSE:XOMGet Free Report) VP Darrin Talley sold 3,000 shares of Exxon Mobil stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Exxon Mobil Trading Up 0.0%

Shares of NYSE XOM opened at $116.56 on Friday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $120.81. The firm has a market capitalization of $491.57 billion, a P/E ratio of 16.94, a P/E/G ratio of 7.35 and a beta of 0.38. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The company’s 50 day simple moving average is $115.93 and its 200 day simple moving average is $112.64.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. On average, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were paid a $1.03 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.5%. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on XOM shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Exxon Mobil in a research note on Monday. Piper Sandler upped their price objective on shares of Exxon Mobil from $141.00 to $144.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Tuesday, December 9th. Citigroup boosted their target price on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. Finally, Mizuho increased their price target on Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $129.45.

Read Our Latest Research Report on XOM

Institutional Trading of Exxon Mobil

A number of institutional investors have recently modified their holdings of XOM. Westfuller Advisors LLC bought a new stake in Exxon Mobil in the 3rd quarter valued at approximately $30,000. Game Plan Financial Advisors LLC raised its holdings in shares of Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. 1248 Management LLC bought a new stake in shares of Exxon Mobil in the first quarter worth $40,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Exxon Mobil in the second quarter worth $38,000. Finally, Clayton Financial Group LLC acquired a new position in Exxon Mobil during the third quarter worth $40,000. 61.80% of the stock is currently owned by institutional investors.

More Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Company Profile

(Get Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

Featured Stories

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.