|Bid||95.98 x 1400|
|Ask||97.45 x 800|
|Day's Range||95.20 - 97.21|
|52 Week Range||81.11 - 181.13|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||8.42|
|Forward Dividend & Yield||8.37 (8.45%)|
|Ex-Dividend Date||Sep 02, 2020|
|1y Target Est||134.09|
Chevron (CVX) allocates 83% of its total budget to upstream operations. The company will invest $5 billion in the US-based upstream projects and $6.5 billion in the international upstream programs.
China National Offshore Oil Corp (CNOOC) said on Friday it was "shocked and regretful" to learn it had been added to a U.S. blacklist of companies with alleged ties to the Chinese military by the U.S. Department of Defense. The move was based on "false and inaccurate information", state-owned CNOOC said in a statement on its website. The company's listed arm, CNOOC Ltd, had earlier said it was assessing the impact of the situation and would closely monitor follow-up developments.
CNOOC (CEO) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.