- Editor's PickRick Newman•5 hours ago
Plunging oil prices have punished energy stocks, and new measures to combat climate change could now present another underappreciated threat. The proven reserves of oil and gas are a common metric that helps determine their stock price and overall market value, with the presumption being that an oil company may be able to access 100% of its reserves, over time, as long as it can profitably sell that oil given market prices. The more reserves a company has, the more valuable it is, and big drillers such as Exxon Mobil (XOM) deliberately seek new reserves as one way to boost their value.
- 24/7 Wall St.•yesterday
The August 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
- Reuters•3 days ago
Canada's Rusoro Mining Ltd said on Tuesday it has been awarded more than $1.2 billion by a World Bank tribunal that ruled Venezuela had unlawfully seized the company's gold assets four years ago. Shares in the Vancouver-based mining firm, which is backed by Russia's Agapov family, more than doubled on Tuesday, trading for as much as 32 cents - their highest level since Venezuela's asset seizure. Rusoro, whose shares had a market value of C$83 million ($64 million) prior to Tuesday's rally, was one of about 20 Canadian miners and other international firms that filed complaints with the World Bank's International Center for Settlement of Investment Disputes, or ICSID, over Venezuela's action.
NYSE - NYSE Real Time Price. Currency in USD
|Bid||42.21 x 500|
|Ask||42.48 x 1000|
|Day's Range||42.14 - 43.29|
|52wk Range||31.05 - 57.24|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-7.44|
|Avg Vol (3m)||8,018,898|
|Dividend & Yield||1.49 (3.47%)|