United Services Automobile Association Adds to its Exxon Position

According to a recent Form 13F filing submitted to the SEC, United Services Automobile Association disclosed a noteworthy and bullish position in XOM stock. Here’s what you need to know about Exxon Mobil Corporation, as well as United Services Automobile Association’s position in shares of XOM stock:

About Exxon Mobil Corporation (NYSE: XOM)

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas. Learn more about Exxon Mobil Corporation on their website here

United Services Automobile Association Position in XOM

According to the most recent 13F filed by United Services Automobile Association, the firm added 5,572 shares of XOM stock to it holdings in the recent quarter. That brings their total long position in Exxon Mobil Corporation to 160,575 shares, representing approximately 0.00390% of the entire 4,118,289,894 XOM shares outstanding. Based on the most recent closing price of $113.37 per share of XOM, the entire United Services Automobile Association position in Exxon Mobil Corporation stock is worth roughly $18,204,387.75.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like United Services Automobile Association. Also be sure to check out more recent 13F filing analysis news here.