|Bid||43.42 x 1400|
|Ask||43.44 x 400|
|Day's Range||43.18 - 43.66|
|52 Week Range||33.90 - 44.62|
|PE Ratio (TTM)||42.40|
|Forward Dividend & Yield||2.40 (5.62%)|
|1y Target Est||N/A|
The US stock market has had a great run since 2009, but lately there have been many concerns voiced that the market is reaching overvalued territory and the bull run might end soon. Warnings regarding a bear market have been expressed in the past as well, but now we have more obvious signs. Since the […]
Bitcoin prices rose in Thursday trading to as high as $8,275, up slightly for the day. Most other cryptocurrencies rose as well, with all but about four of the top 100 cryptocurrencies by market cap trading into the green. Here's what you need to know in cryptocurrencies for Thursday, April 19.
In this series, we’ve examined ExxonMobil’s (XOM) 1Q18 estimates, segmental earnings outlook, and stock performance. Now, we’ll examine analyst ratings for ExxonMobil. ExxonMobil (XOM) is a financially strong company with comfortable leverage and a good liquidity position.
Restriction of methane leakage will help BP to considerably lower carbon dioxide emission through 2025 by roughly 3.5 million tonnes.
Before we proceed with the 1Q18 segmental outlook, let’s look at ExxonMobil’s (XOM) 4Q17 segmental performance. ExxonMobil’s (XOM) adjusted upstream earnings increased from $1,493 million in 4Q16 to $2,518 million in 4Q17. The rise in upstream earnings was due to a surge in crude oil prices in 4Q17 over 4Q16. Brent prices, which averaged $50 per barrel in 4Q16, increased to $61 per barrel in 4Q17.
ExxonMobil (XOM) is expected to post its 1Q18 results on April 27, 2018. Before we proceed with 1Q18 estimates, let’s recap XOM’s 4Q17 performance versus estimates. In 4Q17, XOM’s revenues missed Wall Street estimates by 11%. Also, the company’s 4Q17 reported EPS (earnings per share) stood at $1.97. On adjusting for tax benefits (due to tax reforms in the US) and asset impairments, ExxonMobil’s adjusted EPS stood at $0.88, about 15% lower than the estimated EPS of $1.04. Also, XOM’s 4Q17 adjusted EPS was 2% lower than its 4Q16 adjusted EPS.
In this series, we reviewed the estimates for Chevron’s (CVX) 1Q18 earnings. Also, we calculated the stock range for Chevron for the 15-day period ahead of the earnings release. Now, we’ll review the analyst ratings for Chevron.
The Zacks Analyst Blog Highlights: AbbVie, Berkshire Hathaway, PepsiCo, BP and Twenty-First Century Fox
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times A global Russian hacking offensive ...
Before we proceed with Chevron’s (CVX) 1Q18 segmental outlook, let’s briefly look at the company’s 4Q17 segmental performance.
A refining supply economist with BP America Inc. faces up to 20 years in prison over a failed online extortion scheme against the Houston-based energy company. Prosecutors say 28-year-old George Koutsostamatis ...
Chevron (CVX) is expected to post its 1Q18 results on April 27. Before we proceed with the 1Q18 estimates, let’s recap Chevron’s 4Q17 performance versus estimates.
BP (BP.L) said on Monday it will keep carbon emissions flat over the decade to 2025 even as its oil and gas ouput is set to grow, responding to rising investor pressure to help tackle climate change. The London-based company said it plans to reduce emissions of CO2 gases by 3.5 million tonnes by 2025 through higher production of gas, the least polluting fossil fuel, reducing leakage of methane, a potent greenhouse gas, and limiting flaring of excess gas. BP also plans to invest up to $500 million per year on renewable energies such as solar, wind and power storage.
TechnipFMC secures a front-end engineering design (FEED) contract with BP plc for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim field development.
A lot of BP's major projects came to fruition in 2017, which will go a long way in getting to its goal of 1 million barrels per day in growth by 2020.
In this series, we’ve reviewed Royal Dutch Shell’s (RDS.A) 1Q18 estimates, segment-wise prospects, stock returns, moving averages, and stock price forecast prior to its earnings release on April 26, 2018. Shell (RDS.A) is rated by 11 Wall Street analysts.
Brazilian state-run oil company Petroleo Brasileiro SA said on Thursday it has signed a memorandum of understanding (MOU) with BP Plc "to complement and reaffirm" a letter of intent the companies signed in October regarding a strategic alliance in Brazil. Petrobras, as the company is commonly known, said the MOU affirmed the intention of the parties to "join forces" in areas such as oil exploration and production, oil trading, and other operations.
Do Analysts Have High Expectations for Shell’s 1Q18 Earnings? Let’s analyze Royal Dutch Shell’s (RDS.A) segmental earnings performance in 4Q17 and then move on to its 1Q18 earnings expectations. Shell’s Upstream segment’s earnings rose sharply from $54 million in 4Q16 to $1.7 billion in 4Q17 on a CCSEII (current cost of supplies excluding identified items) basis.
Royal Dutch Shell (RDS.A) is expected to release its 1Q18 results on April 26, 2018. Before we review the company’s 1Q18 estimates, let’s recap Shell’s 4Q17 performance compared to the estimates.