|Bid||5.760 x 0|
|Ask||5.770 x 0|
|Day's Range||5.740 - 5.880|
|52 Week Range||4.720 - 6.660|
|PE Ratio (TTM)||40.11|
|Forward Dividend & Yield||0.07 (1.21%)|
|1y Target Est||6.82|
In this part, we’ll look at ExxonMobil’s (XOM) stock price forecast range based on its implied volatility for the 14-day period until its earnings. ExxonMobil is expected to post its 1Q18 earnings on April 27, 2018.
ExxonMobil (XOM) posted better-than-expected 1Q17 earnings, which paused the downtrend witnessed in the previous quarter. But XOM’s 50-day moving average (or DMA) stayed below its 200 DMA in 2Q17 and 3Q17. However, in 4Q17, as WTI started rising, XOM stock began surging. Plus, tax reforms were announced in the US, pushing up the stock. Led by the stock upsurge, XOM’s 50-day moving average rose steeply, ultimately crossing over its 200-day moving average in 4Q17.
Just as China’s oil imports jumped to the second highest level on record, Saudi Arabia raised the price of its flagship crude, jeopardizing its Asian market share
In 1Q17, Royal Dutch Shell’s (RDS.A) 50-day moving average stood above its 200-day moving average. Shell stock’s downtrend paused in the second quarter, likely in expectation of its earnings. Shell published its 1Q17 numbers, which exceeded its estimates, but as WTI (West Texas Intermediate) continued to plunge, it likely pressured Shell stock.
Shell's (RDS.A) divestment of its entire stake in the Mukhaizna field in Oman is going to help boost the company's upstream portfolio and buoy its financials.
The Zacks Analyst Blog Highlights: Autohome, Kingdee International Software Group, China Petroleum & Chemical, Yanzhou Coal Mining and PetroChina
Concho Resources (CXO) took the acquisition route to expand market reach in the Permian play, while Tallgrass Energy (TEGP) announced a merger deal to lower capital cost.
BEIJING (Reuters) - Chinese state energy giant CNPC said on Tuesday it has sold its first ever gasoline to the Americas, with a 35,000-tonne cargo setting sail for the Bahamas on March 30, the latest sign ...
Three firms that bought crude oil last year from U.S. emergency stockpiles raised concerns about dangerous levels of a poisonous chemical in the cargoes, according to internal Energy Department emails and shipping documents reviewed by Reuters. Problems with crude quality would make the U.S. Strategic Petroleum Reserve (SPR) less useful in an emergency because refiners would need to spend time and money removing contamination before producing fuel. Hydrogen sulfide (H2S) occurs naturally in crude and natural gas, but oil producers typically decontaminate such products before delivery to buyers.
PetroChina Co., the country’s biggest oil and gas company, once again rewarded shareholders by paying out its entire net income as dividends.
PetroChina will take 10 percent stakes in two of Abu Dhabi National Oil Company's (ADNOC) offshore concessions under a 40-year agreement signed on Wednesday by its parent company China National Petroleum Corporation (CNPC). PetroChina paid a participation fee of 2.1 billion dirhams ($575 million) for the Umm Shaif and Nasr concession and a fee of 2.2 billion dirhams ($600 million) for the Lower Zakum concession, ADNOC said in a statement.
PetroChina will take 10% stakes in 2 of Abu Dhabi National Oil Company's (ADNOC) offshore concessions under a 40-year agreement.
PetroChina Company Limited (SEHK:857) saw significant share price volatility over the past couple of months on the SEHK, rising to the highs of HK$6.48 and falling to the lows ofRead More...
China's natural gas production is rising at the fastest pace in four years but that will not be enough to meet the demand for the fuel that has been unleashed through a government programme to raise gas usage in order to clean the country's polluted air. Gas output in China rose to a record 147.4 billion cubic metres (bcm) last year, up 8.5 percent from 2016, data from the National Bureau of Statistics showed. Gas production is forecast to climb by between 6 percent to 8 percent per year through 2020, according to researchers at China National Petroleum Corp.
Moody's Investors Service says that the positive earnings alert for PetroChina Company Limited -- the key listed subsidiary of China National Petroleum Corporation (CNPC, A1 stable) -- is credit positive ...
PetroChina Co. forecast for full-year profit possibly tripling came in below what analysts had expected, raising speculation that the company wrote down assets in the fourth quarter.