Director Dreyfus Maria S. purchased 18,310 shares of XOM at $109.25, more than doubling her stake to 35,756 shares ($2.0M transaction).
On 2024-06-17, Dreyfus purchased 18,310 shares at $109.25, increasing her holdings from 17,446 to 35,756 shares—a 104.9% increase in share count. XOM stock currently trades at $111.74, modestly above the purchase price, while trading 8.6% below its 52-week high of $122.20. The company reported strong absolute earnings ($8.2B net income on $83.1B quarterly revenue) and trades at a reasonable 13.43 P/E, though annual revenue declined 16.7% year-over-year. Her prior cross-ticker buy history shows modest gains within 30 days (+19.7% average) but larger losses over 90 days (-14.6% average with 0% win rate), suggesting prior open-market buys at other companies have underperformed on a medium-term horizon. This transaction represents a significant personal capital commitment to a single position.