Exxon Mobil Corporation (NYSE:XOM) reported on Friday that its anticipated Q1 2012 results, a 11 percent turn down in its quarterly earnings over the similar quarter previous year.The drop in earnings was mainly because of lower production levels.
Production levels dropped by 5 percent over the similar quarter previous year, mostly for the reason that of OPEC quota limits and the impact of higher oil prices on production sharing volumes. Natural decreases in fields accounted for under 1 percent of the fall as new production from Angola and Iraq offset moved down from older fields.
Sector analysis, over all basic material sector moved up, Chevron Corporation (NYSE:CVX) small declined -0.02%, ConocoPhillips (NYSE:COP) lost -0.29%, BP plc (ADR) (NYSE:BP) surged +0.55%, Johnson & Johnson (NYSE:JNJ) edged up +0.14%, The Procter & Gamble Company (NYSE:PG) which decreased -3.63% and The Coca-Cola Company (NYSE:KO) advanced +1.22%.
Exxon Mobil Corporation (NYSE:XOM) stock reports on April 27, 2012 increased +0.01% to the closing price of $86.08. Its fifty two week range was $67.03-$88.13. The total market capitalization remained $404.79 billion.
The overall volume in the last trading session was 11.37 million shares. In its share capital XOM has 4.70 billion outstanding shares among them 4.70 billion shares have been floated in market exchange. XOM stock institutional ownership remained 49.72% while insider ownership included 0.19%.
XOM is ahead its 52 week low with 30.76% and lagging behind from its 52 week high price with -1.99%. XOM last month stock price volatility remained 1.33%. The stock price of XOM is moving forward from its 20 days moving average with 1.18% and remote positively from 50 days moving average with 0.39%.
XOM current year earnings per share experienced an addition with 35.41% while its current quarter performance remained 0.84%. Company’s beta coefficient included 0.49. Beta factors measures the amount of market risk associated with market trade.
DO NOT TRADE ANY STOCK WITHOUT LEVEL 2 STOCK QUOTES! QuoteDaddy.com delivers it's user with the most in-depth Level 2 Quotation System available on the Planet! NO Downloads, NO Widgets, NO Plugins required! Stay on TOP of your trades with QuoteDaddy.com! CLICK HERE TO START YOUR FREE 30-DAY TRIAL