44.40 -0.07 (-0.16%)
After hours: 6:23PM EDT
|Bid||44.40 x 3200|
|Ask||44.70 x 900|
|Day's Range||44.38 - 44.97|
|52 Week Range||36.28 - 47.83|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||15.87|
|Forward Dividend & Yield||2.46 (5.56%)|
|1y Target Est||48.75|
The U.S. Federal Energy Regulatory Commission on Tuesday approved Venture Global LNG Inc's request to proceed with full site preparation at its proposed $4.5 billion Calcasieu Pass liquefied natural gas ...
Chevron Stock Rises, Commands Premium Valuations(Continued from Prior Part)Chevron’s stock performanceChevron (CVX) stock has risen 13% since January 2—the beginning of the first quarter. During the quarter, the SPDR S&P 500 ETF (SPY),
Chevron Stock Rises, Commands Premium ValuationsChevron’s valuations Chevron (CVX) trades at a forward PE ratio of 16.8x, which is above the peer average of 13.0x. ExxonMobil (XOM), PetroChina (PTR), and Suncor Energy (SU) also trade above the
Which Integrated Stocks Are Analysts’ Favorites?(Continued from Prior Part)ExxonMobil ranks lastExxonMobil (XOM), which received the fewest “buy” recommendations from analysts among the six integrated energy stocks we’re looking at in this
Higher Oil Prices Have Boosted BP Stock 10% in Q1(Continued from Prior Part)BP’s valuations Earlier, we discussed BP’s (BP) short interest trend. In this article, we’ll examine BP’s forward valuations compared to those of its peers.
The Sharara field in southern Libya is currently producing 260,000 barrels a day, and the state-run National Oil Corp. is working to raise output, NOC Chairman Mustafa Sanalla told Bloomberg Television in an interview. Libya, with Africa’s largest reserves, has endured major disruptions to its output and exports as battles and blockades among rival armed groups and militias hindered efforts to revive production. Libya was exempt from the cuts because of its internal turmoil.
Bernard Looney, the 48-year-old who controls BP Plc’s massive oil and gas production, sits down with a 26-year-old petrophysicist, Connor Tann, to get answers to a few fundamental questions. “There’s a lot of doom and gloom about the sector, and what’s happening in the world in general, and all sorts of things,” Looney said. The industry is banking on adopting those qualities to keep it relevant throughout an “extraordinarily hard, complex” transition toward low-carbon fuels, Looney said.
Which Integrated Stocks Are Analysts’ Favorites?(Continued from Prior Part)BP stands in the bottom two Only 60% of analysts covering BP (BP) recommend “buy,” placing it in the bottom two of the six integrated energy stocks we’re looking at
Which Integrated Stocks Are Analysts’ Favorites?(Continued from Prior Part)Analysts’ ratings for ChevronAmong the six integrated energy stocks we’re looking at in this series, Chevron has the third-largest market cap, of ~$237 billion. As
Which Integrated Stocks Are Analysts’ Favorites?Analysts’ top three picks In this series, we’ll rank six global integrated energy companies based on Wall Street analysts’ “buy” recommendations. Total (TOT) has received the most “buy”
Higher Oil Prices Have Boosted BP Stock 10% in Q1(Continued from Prior Part)Short interest in BPIn the previous article, we reviewed changes in institutional holdings in BP (BP) stock. Now let’s look at changes in its short interest.Short
Higher Oil Prices Have Boosted BP Stock 10% in Q1(Continued from Prior Part)Institutional holdings in BPEarlier, we reviewed BP’s (BP) dividend yield trend, which has fallen to 5.8%. Now, let’s look at which institutions bought or sold BP in the
Higher Oil Prices Have Boosted BP Stock 10% in Q1(Continued from Prior Part)BP’s dividend per share In this article, we’ll look at BP’s (BP) dividend yield trend. Before that, though, let’s look at its dividend payment in the current
Algeria's newly-appointed prime minister has started talks to form a new government, state media reported on Sunday, in a move designed to placate protesters demanding President Abdel Aziz Bouteflika and his inner circle step down. The discussions began as some workers at Algeria's biggest gas field staged a protest against "extending the fourth term", an energy official said, referring to a proposal by Bouteflika to stay in office until a new constitution is adopted.
Higher Oil Prices Have Boosted BP Stock 10% in Q1(Continued from Prior Part)BP’s moving averages in the current quarterIn the previous article, we learned that BP (BP) stock has risen 10% in the current quarter. Now let’s look at BP’s moving
Higher Oil Prices Have Boosted BP Stock 10% in Q1BP stock compared to oil prices and markets BP (BP) stock has risen 10% in the first quarter so far, mainly due to a rise in oil prices. WTI, the benchmark crude oil, has risen 22% in the current
In an attempt to ramp up its renewable power business, Shell (RDS.A) plans to spend up to $2 billion per year until 2020 in its New Energies division.
Italian oil and gas group Eni pledged to cut net carbon emissions to zero by 2030 on Friday and promised investors higher returns through a share buyback and raised dividend. State-controlled Eni announced a new business plan on the day of a worldwide student protest against climate change, saying it would grow its green business and invest in planting forests to capture more than 20 million tonnes of CO2 by 2030. Tackling (carbon reduction) will be a strategic priority of our board," Eni CEO Claudio Descalzi told analysts.
XOM Rose the Most Compared to CVX, RDS.A, BP, TOT, and SU(Continued from Prior Part)Shell stock performanceRoyal Dutch Shell (RDS.A) stock has fallen 2.0% in the past month. Royal Dutch Shell is the only stock among the six global integrated energy
The oil industry appears to be on board with federal regulations on methane, even if the current administration is rolling back current methane limits
BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said. The company expects to complete drilling of three wells in block 14, located in its northern contract area, by the middle of this year, Niall McCormack, BHP's vice president for exploration, said on the sidelines of the CERAWeek energy conference in Houston. "It's an attractive opportunity so we're looking to de-risk it a bit more, so we've got a bit more drilling to do," he said.
Although Shell (RDS.A) has not raised dividend over the last 20 quarters, we believe that it should focus on tapping lucrative opportunities to achieve its ambitious targets, instead of hiking payout.