|Bid||108.62 x 100|
|Ask||112.00 x 100|
|Day's Range||108.90 - 111.44|
|52 Week Range||102.55 - 133.88|
|PE Ratio (TTM)||22.66|
|Forward Dividend & Yield||4.48 (4.11%)|
|1y Target Est||N/A|
Yahoo Finance's Seana Smith talks with Philip Streible of RJO Futures about rising oil prices and the impact it will have on prices at the pump.
Chevron Corp (NYSE:CVX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Thailand expects auction terms for its petroleum gas fields to be ready in April, a month later than previously indicated, Energy Minister Siri Jirapongphan told reporters on Thursday. The auction terms will be submitted to the National Energy Policy Council in March and the auction will be announced to bidders in April, Siri said. The Erawan and Bongkot fields currently have combined output of 2.1 billion cubic feet a day, government data shows.
Even if Congress prevent's Trump's effort to slash energy research and development, the tepid level of federal support for energy R andD remains a "national travesty," said James Connaughton, chair of the White House Council on Environmental Quality for George W. Bush.
Amid all the volatility in recent weeks, Big Oil has been one of the biggest casualties, with Exxon Mobil (XOM), Chevron (CVX), BP (BP), and Royal Dutch Shell (RDSA) all off more than 5% since the start of the year. Barclays’ Lydia Rainforth thinks that the pessimism is overdone. While she doesn’t see a big rebound in oil in the cards for this year, she does think there’s room for improving free cash flow, which is allowing Big Oil companies to return cash to shareholders despite commodity price doldrums.
U.S. oil company Chevron Corp on Monday said it had resumed drilling operations in the Kurdistan region of Iraq (KRI). "Chevron can confirm that it has resumed its activities in the KRI and we have restarted drilling operations at our Sarta 3 well," Chevron spokeswoman Sally Jones said in a statement.
Chevron said Monday that it has resumed drilling in Iraqi Kurdistan, in a sign that tensions between Baghdad and the semiautonomous area’s government are easing.