|Bid||560.00 x 330000|
|Ask||570.00 x 350000|
|Day's Range||557.30 - 570.80|
|52 Week Range||452.50 - 593.50|
|PE Ratio (TTM)||16.06|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Every investor in BP plc (LON:BP.) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it’s not unusual to see insidersRead More...
LONDON/SINGAPORE, Sept 21 (Reuters) - The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply. Rates, which broadly hovered around $30,000 to $40,000 a day from 2015 to 2017, have risen due to longer distances covered to transport LNG from new terminals in the United States and Arctic Russia, surging demand in China and a limited number of ships. Shipping firms see little sign of them slipping soon, predicting high rates for 2019 or longer, during their earnings calls this month.
BP's Pipestill 12 crude distillation unit at the Whiting refinery will undergo pre-planned maintenance work through the end of October.
With a market cap of ~$166.0 billion, Total (TOT) ranks fourth on our list of the top eight dividend-yielding integrated energy stocks. Total’s dividend yield currently stands at 4.7%. In the current quarter, Total paid a dividend of 0.62 euros per share (or $0.72 per ADR).
ExxonMobil (XOM) occupies the sixth slot in our list of the top eight dividend-yielding integrated energy stocks. Among the eight companies discussed in this series, the company has the largest market cap of ~$349.0 billion.
At the end of July, BP PLC (BP) announced it is acquiring the bulk of BHP Billiton's (BHP) U.S. shale oil and gas assets for $10.5 billion, increasing its land area by roughly half a million acres and helping it gain access to high-quality shale assets like Eagle Ford, Haynesville and the Permian Basin. The agreement comes two years after the company reached a settlement with the U.S. federal government and states around the Gulf of Mexico for the fatal accident at Deepwater Horizon. The 2010 disaster forced the company to sell off billions of dollars in assets and has cost more than $65 billion in clean up and legal fees to date.
In this series, we’ll rank eight integrated energy stocks on their dividend yields. BP (BP) occupies the top slot, followed by Royal Dutch Shell (RDS.A) and ENI (E). Suncor Energy (SU) has the lowest dividend yield.
When the owners of Norwegian oil firm Aker BP (AKERBP.OL) decided to digitise its assets and operations, they searched high and low for the right software company. Less than two years later, Cognite is selling its software to Aker BP's rivals and one competitor, Sweden's Lundin Petroleum (LUPE.ST), has even agreed to share its real-time oilfield data with Aker in what they say is an industry first. "This will be the first time two different operators, or oil companies, will share operations/production data live from two producing fields, that is between Edvard Grieg and Ivar Aasen," a Lundin Norway representative told Reuters.
While Australian mining giant BHP Billiton PLC has agreed to sell its American oil field assets, permit filings show that it intends to drill until its last day.
By Danilo Masoni MILAN (Reuters) - UK shares were broadly unchanged at the close on Monday after a choppy session as investors waited for the next move in the trade dispute between China and the United ...
HOUSTON (Reuters) - BP Plc (BP.L) restarted a small crude distillation unit (CDU) early on Monday, returning the 413,500 barrel-per-day (bpd) Whiting, Indiana, refinery to normal operations, said sources ...
Royal Dutch Shell (RDSa.AS) announced on Monday plans to limit leaks of methane, a potent greenhouse gas, across its oil and gas operations as it tries to sharply curb carbon emissions. Shell aims to maintain methane emissions below 0.2 percent of its total oil and gas production by 2025, it said in a statement, joining British rival BP (BP.L), which last year set a similar goal. Larger rival Exxon Mobil announced in May plans to reduce methane emissions by 15 percent by 2020.
Brazil's state-run oil giant Petróleo Brasileiro SA (PETR4.SA) aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion (7.62 billion pounds), Chief Financial Officer Rafael Grisolia told Reuters. The world's most indebted oil company is on course to reduce debt to $69 billion by the end of this year despite falling short of its $21 billion asset sales target, Grisolia told Reuters in an interview in New York late Friday. The firm has significantly reduced its net debt from the $106 billion it had accumulated in 2014 to finance development of massive deepwater Atlantic oil fields.
BAKU (Reuters) - British oil major BP (BP.L) has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on Friday. ...
Oil major BP (BP.L) has clashed with rival Vitol in the once-languid West African crude market, buying up cargoes and taking a big derivative position that may have raised costs for European refiners. The West African crude market typically sees cargoes of Nigerian and Angolan change hands in back-to-back deals outside the Platts window, a system widely used by the industry to price crude. New trading opportunities arose from August, when broker Sunrise started the first derivative for Nigeria's four largest crude oil grades - Bonny Light, Forcados, Qua Iboe and Bonga - mirroring derivatives trading in the North Sea.
In the previous part, we discussed Royal Dutch Shell’s (RDS.A) dividend yield trend, which has fallen to 5.9%. Now, we’ll discuss which institutions bought or sold Shell in the second quarter based on the latest filings. Usually, everything else being equal, rising institutional holdings indicate a favorable opinion about a stock.
In this series, we discussed Royal Dutch Shell’s (RDS.A) valuations, stock price performance, and moving average trends. In the previous part, we estimated Shell’s stock price forecast range based on its current implied volatility. In this part, we’ll discuss Shell’s dividend yield trend. First, we’ll discuss Shell’s dividend payment in the current quarter.
Two of the world’s biggest oil companies are stepping up buying and selling of West African crude at the same time as a new regional swaps market has emerged, as merchants seek new ways to eke out profits ...
was last reviewed back in July and was noted on "Mad Money" last night with our own Jim Cramer. BP looks like it has made a small August/September double bottom pattern and is now set to resume its rally as it looks like the price of crude oil will benefit from a weakening U.S. dollar. In this updated daily bar chart of BP, below, we can see that prices have slowly corrected lower from a peak in May. Prices have crossed back and forth around the rising 200-day moving average line since the middle of August but are now back above the line and just a short bit below the still declining 50-day moving average line.
Royal Dutch Shell (RDS.A) stock has fallen 7% in the third quarter due to lower oil prices. WTI, the benchmark oil, has fallen 6% in the third quarter. However, the markets have risen. The SPDR S&P 500 ETF, which is a broader market indicator, has increased 6% in the third quarter.
Investing.com – Oil prices slid on Thursday morning in Asia, despite shrinking crude inventories in the U.S. and the approach of Hurricane Florence to the country’s east coast.
The race is on to become Norway’s biggest non-state oil company. As supermajors such as Exxon Mobil Corp. and BP Plc focus on other regions, a new group of smaller companies is revitalizing the country’s oil industry. It is investing $1.3 billion this year and plans to double production to 330,000 barrels of oil equivalent a day in 2023.