0.2750 -0.00 (-1.79%)
After hours: 5:24PM EDT
|Bid||0.2800 x 800|
|Ask||0.2858 x 1000|
|Day's Range||0.2800 - 0.3000|
|52 Week Range||0.2000 - 2.4800|
|Beta (3Y Monthly)||2.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.25|
Pioneer Natural Resources (PXD) is well positioned for growth backed by Permian Basin's strength. However, pipeline takeaway constraints and increasing operating costs are woes.
Phillips 66 Partners (PSXP) is well-positioned to increase distributions in the coming quarters on a huge backlog of organic growth midstream projects.
Kinder Morgan's (KMI) lower-than-expected Q2 results are primarily due to reduced contribution from the KM Crude & Condensate Pipeline.
In view of Callon Petroleum's (CPE) already weak financials, the company's decision to pay a premium with shares to assume Carrizo's debt load and scattered assets gets tepid response from investors.
The persistent rise in quarterly distributions reflects Enterprise Products' (EPD) strong business model, with stable fee-based revenues.
Enterprise Products (EPD) says that its investments in the latest expansion projects will expand its loading capacity of LPG, PGP and crude by 1.3 million barrel per day.
The pipeline projects of Phillips 66 (PSX) will assure producers in Bakken and Rockies that their increased production of crude oil volumes will be transported to key destinations in the United States and across the globe.
The Zacks Analyst Blog Highlights: Approach Resources, Berry Petroleum, Panhandle Oil and Gas, Royal Gold and Kinross Gold
Enbridge (ENB) believes that the shipper will appreciate Express Pipeline open season since the pipeline bottleneck problem prevents transportation of sufficient oil from Canada.
Marathon Oil's (MRO) strategic portfolio in key resource-shale plays like Bakken, Eagle Ford, Permian and STACK/SCOOP signals visible production growth in the upcoming years.
The Zacks Analyst Blog Highlights: AngloGold, Square, Approach, Holly Energy and Franco-Nevada
Brent rose about 5% last week - its first weekly gain in five weeks - while crude jumped about 10% - its biggest weekly percentage gain since December 2016.
Disturbances in Iran intensified on Jun 13, when two oil tankers were set on fire in the Strait of Hormuz, for which the United States blamed Tehran.