|Day's Range||103.15 - 104.38|
|52 Week Range||97.53 - 119.00|
|PE Ratio (TTM)||67.00|
|Dividend & Yield||4.32 (4.13%)|
|1y Target Est||N/A|
Deal bars president from easing sanctions on Russia
These Stocks Will Struggle Should Oil & Gas Prices Not Pick Up
After a brief respite at the start of the year, the world's top oil and gas companies are set to double down on cost cutting as a recovery in crude prices after a three-year slump falters. Corporate hopes were raised by a deal between members of the Organization of Petroleum Exporting Countries and other non-OPEC producers to cut production, which lifted oil prices above $58 a barrel in January, after they had slid to as low as $27 in 2016. Investors are again focusing on the ability of top oil firms such as Exxon Mobil (XOM.N), Royal Dutch Shell (RDSa.L) and Total (TOTF.PA) to live within their means and eke out profits when oil has failed to recover, as hoped, to $60.