0.2700 -0.02 (-8.47%)
After hours: 6:05PM EDT
|Bid||0.2665 x 2900|
|Ask||0.2950 x 1800|
|Day's Range||0.2850 - 0.3200|
|52 Week Range||0.2000 - 2.5100|
|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|
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.
Approach Resources (AREX) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
This week we saw the Approach Resources, Inc. (NASDAQ:AREX) share price climb by 18%. But will that repair the damage...
Cenovus Energy's (CVE) prospects are impressive, given new growth projects and increasing efficiency. However, balance sheet weakness and other challenges are affecting the stock.