|Bid||0.00 x 900|
|Ask||34.28 x 900|
|Day's Range||22.99 - 23.89|
|52 Week Range||20.95 - 29.56|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||44.48|
|Earnings Date||Feb 21, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||0.28 (1.20%)|
|1y Target Est||27.72|
ExxonMobil's (XOM) West Barracouta gas field development in Bass Strait to aid in the transportation of new gas supplies to the Australian domestic market.
Moody's Investors Service ("Moody's") has today upgraded to B3 from Caa1 the corporate family rating (CFR) and to B3-PD from Caa1-PD the probability of default rating (PDR) of Polish steel manufacturer Cognor S.A. ("Cognor" or "group"). Moody's forecast for Cognor's performance in 2019 assumes a less buoyant Polish steel market environment, as demand in some steel using industries will moderate from their strong 2017/2018 levels, including slowing domestic construction output and automotive production activity.
The natural gas rig count was at 198 last week—nine more than the previous week. The natural gas rig count has fallen ~87.7% from its record level of 1,606 in 2008. Since September, natural gas prices have risen nearly 38%, which might be luring natural gas producers to increase their production.
For 2019, ConocoPhillips (COP) expects production between 1,300 MBOED to 1,350 MBOED, up 5% on a pro-forma basis from the midpoint.
Pegasystems (PEGA) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Troll Phase 3 is considered one of Equinor's (EQNR) most profitable and flexible projects with a break-even of less than $10 per barrel.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying for a while now that the current market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth quarter, […]
The natural gas rig count was at 189 last week—five less than the previous week. The natural gas rig count has fallen ~88.2% from its record level of 1,606 in 2008.
Considering Apache's (APA) Permian focus along with midstream efforts, we believe that the company will be able to counter the odds and turnaround in the coming years.
The Zacks Analyst Blog Highlights: Antero, Approach Resources, Cabot Oil, Gulfport and W&T Offshore