|Bid||0.00 x 900|
|Ask||0.00 x 1200|
|Day's Range||24.03 - 25.31|
|52 Week Range||12.13 - 25.64|
|Beta (5Y Monthly)||1.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 20, 2021 - Jul 26, 2021|
|Forward Dividend & Yield||0.72 (2.92%)|
|Ex-Dividend Date||Feb 08, 2021|
|1y Target Est||27.50|
U.S. energy firms added oil and natural gas rigs for a second week in a row as higher oil prices prompted some drillers to return to the wellpad.
US oilfield services group Baker Hughes has settled a £600m emergency Covid loan, the latest multinational to repay a UK financing facility that has drawn MPs’ scrutiny over its use by companies still paying billions to shareholders. More than £2.6bn has been handed to investors by overseas-headquartered companies that as of last week continued to use the Bank of England’s Covid debt scheme more than a year after it was launched. The Covid Corporate Financing Facility was designed to “provide temporary direct support to investment-grade firms with short-term cash flow problems” — offering access to very cheap finance through the Bank.
The oil and gas rig count climbed once again in the U.S. this week, as drillers take advantage of a continued price rally