|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||48.75|
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
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.
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.
A weekly look at what occurred in the oil markets of the U.S. and the world this past week. The monthly reports of the International Energy Agency and OPEC, both released this past week, reflect just how much the world's crude oil markets have tightened. The first is what OPEC refers to as the "difference" and what the IEA refers to as the "call." It's the amount of crude oil that is needed to be produced by OPEC to keep the market from drawing or building inventories.
It finally happened. After years of speculation, independent E&P firm Anadarko (NYSE:APC) finally caught a buyout bid. As expected, it was from one of the super-majors. Chevron (NYSE:CVX) took the plunge and offered to buyout APC in the sixth-largest oil and gas deal ever. Some analysts questioned what took so long and why now.Source: swong95765 via Flickr (Modified)But investors in Chevron stock should be smiling from ear to ear.For CVX, Anadarko offers the chance to boost several core drilling areas, instantly boost production as well as offer plenty of future synergies. A deal of APC was a long time coming and it was 100% worth the wait for Chevron.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chevron Stock Scores Big With AnadarkoAnadarko belongs to sort of weird class of energy stock. It's an independent oil and gas firm, meaning it operates in the upstream sector of the marketplace and makes its money by physically drilling for oil. The problem for APC has long been that it's massive. It's seriously one of, if not the largest independent E&P firm out there. Most E&P are small or mid-cap companies. This end of the market-cap/size spectrum makes it easy to grow production/earnings. But when you're as large as APC, that proposition becomes a bit harder. * 10 Stocks That Are Screaming Buys Right Now As a result, Anadarko has struggled since 2014 when oil crashed. It was never really able to move the needle enough to make a real bang with its profits or earnings potential. But it certainly tried and built upon its already world-class asset base.And that is why Chevron is willing to fork over $33 billion -- a 39% premium -- for APC shares. For that purchase price, CVX is actually getting one heck of a deal and it allows it to score on several fronts. The biggest of which starts with the letter "P."The Permian Basin has become the hotbed of drilling activity in the U.S. and it's easy to understand why. The geology is very rich and bodes itself to horizontal drilling. High production values and low-costs have made it the spot for anybody looking to benefit from shale drilling. These days, shale is more about scale of operations to drive costs even lower. Both Anadarko and Chevron have been very active in the Permian and the deal will connect their acreage together. All in all, by buying APC, CVX will have over 1,400,000 net acres in the rich Permian.Chevron plans on exploiting that connection through new drilling technology and digital analysis to score even more oil production. The best part is, CVX anticipates saving about a $1 billion in costs per year by leveraging this greater scale in the Permian.In addition to those assets, CVX will score around 400,000 acres in the Niobrara/DJ Basin in Colorado. The Niobrara is quickly emerging as a top place for shale drillers to score cheap oil/naturals gas. APC is the leading producer in the region and Chevron will add instant production here. Chevron Scores Big Offshore TooThe next win for CVX in the buyout comes offshore. Anadarko has long been one of the Gulf of Mexico's superstars and features several deep-water fields and wells. Adding APC to its mix, Chevron will now have 16 deep-water hubs in the Gulf -- with many within a 30-mile radius of each other. This is significant as it allows CVX to capitalize on so-called tie-backs and link fields together via existing underwater hubs rather than building new offshore infrastructure.As if that wasn't good enough, CVX scores some major offshore points with its LNG ambitions. Already, Chevron has become a leader in liquefied natural gas. With APC, the energy major now has a huge source to fill those shipments. Back in 2010, APC discovered around 75 trillion cubic feet of natural gas in Mozambique's waters and is quickly gaining customers for this venture. Thanks to Chevron's expertise in this area, APC's Mozambique assets are almost plug and play for the integrated energy giant. * 7 Energy Stocks to Buy as Oil Booms Chevron Raises the BarFor Chevron, buying Anadarko is a no-brainer. The best part could the actual timing of the deal. Like many of the integrated giants, CVX has seen production dip over the last few years. That's a problem when oil prices are rising as they are now. With the APC buy, Chevron instantly moves the needle today and it has the potential to keep growing in the future. That's very important.The beauty is that APC hasn't been surging on rising oil prices as, again, it was suffering under its immense size. Shares of the firm are down about 30% from its peak. CVX actually bought at a huge discount to what APC might actually be worth.Clearly, it outs CVX in the driver's seat when it comes to the major energy stocks. It also sets up an interesting situation for rivals like Exxon (NYSE:XOM) and BP (NYSE:BP). Like CVX, XOM and BP have seen production stagnate in recent years. With the APC buy, Chevron quickly vaults into the leadership spot. They'll be forced to make deals on their own.In the end, Chevron has smartly bought its way into some great assets that it can use to strengthen production profits and cash flows further. That instantly makes Chevron stock one of the best large energy stocks out there and investors should be pleased.As of this writing, Aaron Levitt 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 Anadarko Deal Puts Chevron Stock on Steroids appeared first on InvestorPlace.
Why Wall Street Expects Lower Q1 Earnings for Chevron(Continued from Prior Part)Chevron’s upcoming earnings results Chevron (CVX) is expected to post its first-quarter earnings results on April 26, 2019. Let’s review the stock’s dividend yield
(Reuters) - Britain's main index lost ground on Monday as miners and oil majors fell, more than offsetting gains in bank stocks. The FTSE 100 was 0.2 percent lower, lagging its European and Asian counterparts, ...
The FTSE 100 is an index that includes the top 100 companies from the London Stock Exchange. They are ranked by their market capitalization. However, market cap may not be an investor’s only interest in a stock.