Representative Jefferson Shreve of Indiana recently executed a notable transaction, selling a substantial portion of his shares in Exxon Mobil Corporation. This divestiture, formally disclosed on June 22nd, involved a considerable sum ranging between $50,001 and $100,000, drawing attention to the financial activities of elected officials.
The specific sale occurred on May 12th, with the transaction recorded within the Representative’s designated “CRT – STANDARD UNIT TRUST” account. Such disclosures offer a rare glimpse into the personal financial dealings of politicians, providing transparency to the public regarding their investments and potential conflicts of interest.
Examining Exxon Mobil’s market performance, shares commenced Friday’s trading at $109.61. The energy behemoth has experienced fluctuations over the past year, registering a 52-week low of $97.80 and reaching a 52-week high of $126.34, reflecting the volatile nature of the oil and gas sector.
Financially, Exxon Mobil maintains a quick ratio of 0.90, a current ratio of 1.24, and a debt-to-equity ratio of 0.12, indicating a sound financial position. Its share price has closely hovered around its moving averages, with a 50-day average of $109.48 and a 200-day average of $109.15, suggesting relative stability in recent trading periods.
The company commands a significant market capitalization of $472.38 billion, underscoring its immense scale within the global energy landscape. Furthermore, with a PE ratio of 14.54, a price-to-earnings-growth ratio of 2.10, and a beta of 0.53, analysts closely scrutinize these metrics to gauge the company’s valuation and its sensitivity to broader market movements.
Exxon Mobil recently announced a quarterly dividend of $0.99 per share, payable on September 10th to stockholders of record by August 15th. This translates to an annualized dividend of $3.96, yielding 3.6% for investors, with the company’s dividend payout ratio currently standing at 52.52%, signifying a commitment to returning value to shareholders.
Institutional investors continue to hold significant stakes in Exxon Mobil, with 61.80% of the company’s stock owned by such entities. Recent quarters have seen various firms, including Oarsman Capital Inc., Motco, Jennison Associates LLC, Winebrenner Capital Management LLC, and Mizuho Markets Cayman LP, either increasing their positions or initiating new ones, highlighting sustained institutional confidence in the energy giant.
Representative Jefferson Shreve, a Republican, currently represents Indiana’s 6th Congressional District in the U.S. House, having assumed office on January 3, 2025. His term is set to conclude on January 3, 2027, and he has already declared his candidacy for re-election in the 2026 election, aiming to continue his tenure in Congress. His background includes a career as a real estate executive and multiple academic degrees.
Exxon Mobil Corporation’s core operations revolve around the exploration and production of crude oil and natural gas globally, segmented into Upstream, Energy Products, Chemical Products, and Specialty Products. This diversified operational structure underpins its vast influence across various facets of the energy and petrochemical industries.
