|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||39.09 - 39.63|
|52 Week Range||33.57 - 44.62|
|PE Ratio (TTM)||38.13|
|Forward Dividend & Yield||2.40 (6.15%)|
|1y Target Est||44.64|
Saudi Arabia is scaling back its ambitions for a public offering for oil giant Aramco. Yahoo Finance’s Alexis Christoforous, Dan Roberts, and Melody Hahm discuss what Trump will talk to the Crown Prince about.
BP’s (BP) cash flow from operations rose 77% YoY (year-over-year) to $18.9 billion in 2017. BP’s cash outflow from investing stood at $14.1 billion in 2017—compared to $14.8 billion in investing outflows in 2016. The company’s cash outflow from financing in 2017 was almost the same as $2.8 billion in 2016.
BP (BP) will likely witness higher production in 2018 with the launch of seven mega projects in 2017. BP expects a few of the critical upstream projects to start production in 2018—Giza and Fayoum in Egypt, Shah Deniz Stage 2 in Azerbaijan, Clair Ridge in the North Sea, and Constellation in the US Gulf of Mexico. Of the projects expected to start in 2018, the biggest field is Shah Deniz Stage 2.
With the launch of the Atoll Phase 1 project, BP (BP) has successfully started its eighth project in 2017–2018. BP’s (BP) Atoll Phase 1, which is a huge project offshore Egypt, started production in 1Q18. Atoll is a deep-water field, which was discovered in March 2015.
When oil-rich Abu Dhabi put a string of offshore fields up for auction, suitors from China to Italy vied for a slice of the pie. Surprisingly, that piece was snatched from one of the world’s largest energy ...
BP's US-based businesses contribute to $88.7 billion, reflecting almost 34% of the company's total sales and other operating revenues.
Oil and gas drillers bid on only a tiny fraction of Gulf of Mexico acreage offered on Wednesday in the largest lease sale in American history, a setback to the Trump administration's efforts to rapidly pump up investment in the region. The Interior Department had offered up a record 77 million acres (31.2 million hectares) for development in the Gulf - an area twice the size of Florida - with discounted royalty rates on the shallower tracts as part of a broader effort by President Donald Trump to ramp up fossil fuels output. In all, the auction yielded $124.76 million in winning bids, slightly more than a smaller Gulf of Mexico auction last year, but a tenth of the amount pulled in during a much smaller lease sale in the Central Gulf in 2013.
Exxon Mobil's (XOM) diversified operations, strong balance sheet, and healthy free cash flow make the stock a must have in your portfolio.
In the previous part of this series, we looked at Royal Dutch Shell’s (RDS.A) stock price estimate up to March 30, based on current implied volatility. In 1Q18, Shell’s gross dividend payment has stood at $0.94 per share (or ADS), which has remained steady over 1Q16. Shell has recently announced the cancelation of its scrip dividend.
BP pl.c. (NYSE:BP) is currently trading at a trailing P/E of 38.2x, which is higher than the industry average of 12.9x. Although some investors may jump to the conclusion thatRead More...
The Alaska LNG project faced an uphill battle, with many supermajors even abandoning the venture, but now it has finally been cleared for takeoff
Now that oil and gasoline prices have started to creep back up, drivers are looking for any way they can to save a few cents at the pump. GasBuddy analyst Patrick DeHaan recently compiled a list of the ...