|Bid||118.67 x 100|
|Ask||120.65 x 100|
|Day's Range||119.43 - 120.89|
|52 Week Range||99.87 - 120.89|
|PE Ratio (TTM)||38.95|
|Dividend & Yield||4.32 (3.63%)|
|1y Target Est||N/A|
Oil prices jumped last week on rising geopolitical tensions and a government report that showed a surprise drop in crude inventories.
Year-to-date, the Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) is down 10%, but of late it’s has a nice rally. This one tucks in nicely in mine as I have been long Exxon Mobil Corporation (NYSE:XOM) stock, but recently booked my profits. Specifically XOM and Chevron Corporation (NYSE:CVX), as they constitute almost 40% of the exchange-traded fund. Schlumberger Limited.
The U.S. company has abandoned plans for deep-water exploration wells in the 1,000-mile stretch of ocean off southern Australia, citing low oil prices.
President Donald Trump will nominate a climate change skeptic with ties to the fossil fuel industry to serve as a top environmental adviser. The White House on Thursday announced the selection of Kathleen ...
Oil prices jumped upwards on Friday as Trump announced his decision to decertify the Iran nuclear deal while Iraqi and Kurdish military units mobilized near Kirkuk
At first glance, it seems like Exxon Mobil Corporation (NYSE:XOM) is past the brunt of oil’s 2014 meltdown. While earnings have been better than the payout per share of XOM stock over the course of the past couple of quarters, the difference between the two remains paper thin. With the impact of two major hurricanes now in the rear-view mirror and crude stockpiles in the United States starting to dwindle again — albeit erratically — investors were comforted by the EIA’s slight increase in next year’s oil price outlook.
U.S. oil major Chevron Corp has abandoned plans to explore the deep water off Australia's south coast, long seen as a promising prospect, as weak oil prices are making the work hard to justify, the company said on Friday. Chevron's move follows a decision by BP Plc a year ago to walk away from the waters known as the Great Australian Bight, which industry consultants Wood Mackenzie have estimated could hold 1.9 billion barrels of oil equivalent. "While the Great Australian Bight is one of Australia's most prospective frontier hydrocarbon regions, in the current low oil price environment it was not able to compete for capital in Chevron's global portfolio," Chevron said in a statement.
ConocoPhillips (NYSE:COP) has had an incredible rally of late and that’s the focus of my write up. This is an uber-bullish equity market where shorting stocks is hazardous to one’s portfolio. ConocoPhillips is a star that should retrace lower soon.
The Zacks Analyst Blog Highlights: Chevron, Phillips 66, Royal Dutch Shell, ExxonMobil and Ensco
Chevron Corp said on Wednesday it has resumed normal operations in the U.S. Gulf of Mexico after last weekend's Hurricane Nate knocked its oil and gas output in the region offline. The company had shut ...
U.S. supermajor Chevron (CVX) started production at its giant Wheatstone LNG project in Australia, while midstream operator Phillips 66 (PSX) announced a new $3 billion stock repurchase program.
The September 29 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
Africa’s biggest fund manager is interested in taking part in the acquisition by Glencore Plc and a group of black South African-owned companies of Chevron Corp.’s assets in the country, according to three ...
At the start of 2017—when WTI crude oil (/CL) traded in the low $50 range, Brent crude (/BN) was three to four dollars shy of the $60 mark and natural gas (/NG) wasn’t far from $3.50–it seemed like there ...
Small caps led midday Tuesday but have struggled in the past four sessions. Small caps have led the indexes since the market's Aug. 21 low.
Airlines are the best performing sector this morning, with United (UAL) and American (AAL) at the head of the pack. Chevron (CVX) is leading integrated oil higher. Tobacco stocks are higher, with Altria ...