|Bid||44.29 x 3000|
|Ask||44.39 x 2200|
|Day's Range||44.22 - 44.65|
|52 Week Range||36.28 - 47.83|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||15.84|
|Forward Dividend & Yield||2.46 (5.63%)|
|1y Target Est||N/A|
What to Expect from Total’s Q1 2019 Results(Continued from Prior Part)Analyst ratings for TotalTotal (TOT) is expected to post its first-quarter earnings on April 26, 2019. The company’s earnings are expected to fall year-over-year in the
What to Expect from Total’s Q1 2019 Results(Continued from Prior Part)Total’s dividend yield In this part, we will look at where Total’s (TOT) dividend yield stands ahead of its first-quarter earnings. We’ll also look at the dividend yield
Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. Geneva-based Trafigura estimates the value of the global petrochemical market at $729 billion and growing. The joint venture will have two units - one in Houston and the other in Geneva - with a focus on bulk liquid chemicals such as sulphur byproducts from smelting rather than typical petrochemicals that are used in plastics.
A BP-led consortium will spend $6bn on expanding a major offshore oil project in Azerbaijan, deepening the energy company’s ties to the country and prolonging the life of one of the biggest oilfields in the Caucasus region. The investment is the first since a 2017 decision by BP and its partners to commit to the $36bn Caspian Sea project until 2049, and will significantly increase output from the “supergiant” field. BP, which operates the project alongside Azerbaijan’s state oil company SOCAR, and international partners including Chevron and ExxonMobil, said a new offshore platform would increase production from the Azeri-Chirag-Deepwater Gunashli (ACG) field by 100,000 barrels a day.
Oil major BP and Azerbaijan's state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation's three major oilfields, BP-Azerbaijan said in a statement. The Azeri Central East (ACE) platform, the latest phase of Azerbaijan's giant Azeri-Chirag-Guneshli (ACG) oilfields, is expected to produce 100,000 barrels of oil a day and cost $6 billion to build, the company said. The project is one of the biggest upstream investment decisions in Azerbaijan so far this year.
What to Expect from Total’s Q1 2019 ResultsQ4 2018 estimated and actual performance Total (TOT) is expected to post its Q1 2019 results on April 26, 2019. Before we proceed with Q1 2019 estimates, let’s look at Total’s Q4 2018 performance
According to the GuruFocus All-in-One Screener, the following companies have high dividend yields but performed poorly over the last 12 months. PepsiCo Inc.'s (PEP) dividend yield is 2.94% with a payout ratio of 41%. Over the last 52 weeks, the share price has risen 17.82%.
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)Short interest in BPShort interest in BP (BP) has risen by 0.04 percentage points since March 12, 2019, to its current level of 0.20%.Usually, a surge in short
In what looks like a very unlikely cooperation, Senegal and Mauretania have agreed to fast-track the mega Tortue FLNG project
Volumes from global oil and gas discoveries are likely to rise 30% year over year in 2019, which will mark the highest levels since the crude downturn.
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)Analysts’ ratings for BP BP (BP) is expected to post its first-quarter earnings results on April 30, 2019. In this article, we’ll review analysts’ ratings for BP
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)Implied volatility in BP In this article, we’ll look at BP (BP) stock’s price forecast range for the 18 days leading up to its earnings release. BP is expected to
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)BP’s returns BP’s (BP) earnings are expected to fall in the first quarter driven by lower upstream and weaker downstream earnings. Let’s review BP stock’s
RBC upgraded Marathon Oil Corporation (NYSE: MRO ) and downgraded BP plc (NYSE: BP ) Tuesday, saying growth looks good for both companies — but BP is less of a value after its recent outperformance. ...
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)BP’s downstream earningsBP’s downstream earnings are affected by its refining margin, which is driven by the regional refining cracks. BP calculates its RMM
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)BP’s upstream earningsBP’s (BP) earnings are expected to fall 12% YoY (year-over-year) in the first quarter of 2019. Now let’s review BP’s expected upstream
Chesapeake Energy (NYSE:CHK) stock is a popular name, partly due to its low price tag. After its latest breakdown, though, CHK stock is changing hands for just over $3 per share. After trading below $2 in December and north of $5 last summer, CHK stock has had quite a volatile ride, to say the least.But should investors should have faith in Chesapeake Energy stock? That question is particularly relevant, considering Chevron (NYSE:CVX) surprisingly bought Anadarko Petroleum (NYSE:APC) for $33 billion, edging out Occidental Petroleum (NYSE:OXY) . Some investors are now searching for the next M&A candidate in the space, and many are likely wondering if it's worth holding CHK stock in the wake of the Anadarko deal. * 7 Dental Stocks to Buy That Will Make You Smile Is Chesapeake Energy Stock a Buyout Candidate?Given the Anadarko deal, some may be thinking that CHK is an M&A candidate. While CHK stock price may be low , and the market cap of Chesapeake Energy stock is below $5 billion, those numbers are low for a reason. While CHK stock currently has a market cap of $4.97 billion, it has an enterprise value of more than $15.6 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat doesn't mean a deal is out of the picture, but because of CHK's debt load, the number of companies that might be interested in buying it is limited. The company has more than $7 billion of long-term debt, and its current liabilities are almost double the value of its current assets.CHK has reported strong net income, totaling $949 million and $873 million, for the last two years. But its cash flows are not attractive, and Chesapeake has some rather obvious balance-sheet issues. That's not to say management isn't trying or that CHK can't improve. But CHK stock has been below $10 for almost four years, and it's been a sub-$5 stock for most of the last two, years. That wouldn't be the case if things were going well for CHK.Acquirers can do the math, too. Trading Chesapeake Energy Stock So is CHK stock breaking down at this point? The action isn't promising, but we're not wheeling out the coffin just yet. From its December lows, Chesapeake Energy stock has done a great job reclaiming its 20-day and 50-day moving averages and riding uptrend support (depicted by the purple line) higher. When Chesapeake Energy stock hit $3.50 earlier this month, the shares were up about 75% on the year.However, that level acted as resistance, which is no surprise given that it has been a relevant support level in the past. When a notable level of support breaks down, it generally turns into resistance and vice versa. The recent pullback from $3.50 was more than just a stall, though. CHK stock quickly tumbled through uptrend support and its 20-day moving average.As a result, those interested in CHK should watch the 50-day moving average and the $3 level. If these levels fail, CHK stock will be flailing around looking for support, and could fall to $2.50.If the 50-day and $3 level hold though, Chesapeake Energy stock could rally. The first test will be if it can reclaim its uptrend support and the 20-day moving average.Bulls' sights are clearly set on $3.50. It will be critical for CHK stock to get through that level, but the 200-day moving average is also key for CHK. That is where bulls need to be careful with their expectations. In addition to the $3.50 hurdle, CHK stock also has the 200-day overhead, as well as downtrend resistance (depicted by the blue line). Clearing all of those marks will be difficult for Chesapeake Energy stock, to say the least. The Bottom Line on CHK StockMany investors love the fact that CHK stock is a sub-$5 stock with almost $10 billion in sales and a positive bottom line.But it doesn't matter, nor does it matter that Chesapeake Energy stock trades at just over five times its earnings. CHK has balance-sheet issues, and investors who buy CHK stock need to realize this is a speculative holding.Investors who want a safer energy holding should consider Exxon Mobil (NYSE:XOM), BP plc (NYSE:BP), or Chevron, especially if the latter stock drops down near $108.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Is Chesapeake Energy Stock an Acquisition Target? appeared first on InvestorPlace.
Deutsche Bank upgraded Netflix to buy from hold Deutsche Bank upgraded Western Digital to buy from hold Bank of America downgraded Snap-on to neutral from buy RBC downgraded British Petroleum to outperform from top pick Goldman Sachs downgraded Cisco Systems to buy from conviction buy RBC initiated Dow Inc.
The blue-chip index ended a lacklustre session about flat, lagging its European peers, while the FTSE 250 held on to its six-month high with a 0.5 percent rise as a stronger pound also aided. The pound's gains followed upbeat comments from Britain's foreign minister Jeremy Hunt on talks between the government and the opposition Labour Party to find a consensus over Brexit.