47.13 0.00 (0.00%)
After hours: 6:04PM EST
|Bid||0.00 x 1000|
|Ask||48.00 x 800|
|Day's Range||47.05 - 49.69|
|52 Week Range||47.05 - 76.70|
|Beta (3Y Monthly)||2.11|
|PE Ratio (TTM)||16.44|
|Forward Dividend & Yield||1.05 (2.06%)|
|1y Target Est||N/A|
Investing.com - The broader market ended flat Tuesday on late selling as energy stocks sank following a rout in oil prices.
An unusually broad coalition hashed out the new rules that protect areas where children gather, both inside and outside.
Ghana has launched its first open bid for oil and gas leases, a move aimed at attracting international energy investors to the country’s upstream market
Between December 7 and 14, EQT Corp (EQT) gained the most on our list of upstream energy stocks. However, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 7.8%—the largest fall among the major energy ETFs we discussed in the previous part of this series. EQT shareholders Toby Rice and Derek Rice, who hold 2.75% of the company, expressed disagreement with the current management team last week.
Jim Cramer tells investors not to wait around for a bounce in the oil and bank stocks when there are more profitable near-term plays.
CNBC's Jim Cramer tells investors not to wait around for a bounce in the oil and bank stocks when there are more profitable near-term plays. The "Mad Money" host also speaks with Adobe Chairman and CEO Shantanu Narayen. In the lightning round, Cramer says one stock has the best technology for heart health.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the first 6 weeks of the fourth quarter we observed increased volatility and small-cap stocks underperformed […]
Stocks that moved substantially or traded heavily Friday: Altria Group Inc., down 22 cents to $54.18 The maker of Marlboro cigarettes is taking a 45 percent stake in Cronos Group, a Canadian medical and ...
Though E&P stocks are surging today, the outlook doesn’t look great in the coming years, leading the firm to downgrade a slew of names.
Crude oil prices have been getting crushed over the past few months. The decline in oil makes the stock market’s run look pretty good, with crude falling almost 35% from peak to trough after coming into October near its highs. Some view rising oil prices as a negative burden, something that weighs on consumers and hurts their purchasing power.
The recent nosedive in crude oil prices came just as shale producers had started delivering healthy returns after years of heavy spending to boost production and market share. The 29 percent drop in U.S. crude oil prices (CLc1) since October now threatens those improved margins, and sustained prices below $50 per barrel could dent the value of shale reserves, which banks use to determine borrowing power. The dynamic leaves shale producers hoping for a rescue in the form of production cuts from The Organisation of the Petroleum Exporting Countries (OPEC) when it meets on Thursday - and at odds with U.S. President Donald Trump, who has pushed OPEC to keep the taps wide open.
Devon Energy (DVN) isn’t expected to report a positive FCF (free cash flow) in the fourth quarter. Devon Energy’s management expects an excess cash inflow of $5 billion by the end of 2018 assuming WTI at $65 per barrel, natural gas prices at $3 per MMBtu, and current WCS (Western Canada Select) strip pricing when it released its third-quarter results.
Devon Energy (DVN) might have an upside of 75.1% in the next 12 months based on analysts’ mean target price. With the current downturn in oil prices and the risk of the WTI-WCS (Western Canada Select) spread, which we discussed in the previous part, such a huge upside isn’t likely. With the recovery in the spread, investors might expect a short-term upside momentum in the stock.
Shale drillers might spend less for the first time since 2016 as oil prices have fallen to $50, which is a breakeven point for many shale oil drillers
As Anadarko Petroleum Corporation (NYSE:APC) released its earnings announcement on 30 September 2018, analysts seem cautiously optimistic, with profits predicted to increase by 19% next year compared with the past Read More...
Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their earnings reports.