Energy Sector Summary: Exxon Mobil (XOM) Post Higher than Expected Boost in Profit while Chevron (CVX) Net Income Surges – XOM, CVX, BP, CRR, GLF

Investors reacted positively to the energy stocks on Friday. Key movement were observed in CARBO Ceramics Inc (NYSE:CRR) and GulfMark Offshore, Inc (NYSE:GLF) on percentage gainers side while Exxon Mobil Corporation (NYSE:XOM) was prominent stock most active side.

The Irving, Texas based Exxon Mobil Corporation (NYSE:XOM) on Friday announced a higher-than-projected 6% boost in quarterly profit on stronger results at its chemical and refining units.

The world’s biggest publicly traded oil company announced profit in the fiscal Q4 was $9.95 billion or $2.20 a share, evaluated against $9.4 billion or $1.97 a share in the similar quarter previous year.

Exxon Mobil Corporation’s YTD performance was recorded as 4.03% while its market capitalization was $405.36 billion. The company has P/B ratio of 2.46 while P/E ratio was booked as 9.51. Institutional ownership owns 49.61% shares of the company while beta factor, which is used to measure riskiness of the security, was 0.51. Net profit margin of the company was 9.64% while its gross profit margin was 25.82%.

The San Ramon, California based Chevron Corporation (NYSE:CVX) announced a boost in net income to $7.2 billion or $3.70 a share, from $5.1 billion or $2.58 a share in previous year though the most recent profit comprised a $1.4 billion special gain.

Chevron Corporation has market capitalization of $228.01 billion. Its current ratio was 1.64 while its shares were looking forward SMA50 with 6.36. The company offered earnings per share of 13.32 while its 1.96 billion shares were outstanding. YTD performance of the stock was 7.73%.

BP plc (ADR) (NYSE:BP) has the market capitalization of $142.18 billion. The company’s EPS was 5.51 while its 3.19 billion shares were outstanding. Its institutional ownership was 12.01%. Shares of the company were moving ahead of SMA50 with 5.09% while its YTD performance was 7.52%.

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