|Bid||119.73 x 900|
|Ask||119.98 x 900|
|Day's Range||119.10 - 120.82|
|52 Week Range||100.22 - 131.08|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||15.49|
|Forward Dividend & Yield||4.76 (3.86%)|
|1y Target Est||N/A|
What to Expect from Total’s Q1 2019 Results(Continued from Prior Part)Analyst ratings for TotalTotal (TOT) is expected to post its first-quarter earnings on April 26, 2019. The company’s earnings are expected to fall year-over-year in the
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Oil major BP and Azerbaijan's state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation's three major oilfields, BP-Azerbaijan said in a statement. The Azeri Central East (ACE) platform, the latest phase of Azerbaijan's giant Azeri-Chirag-Guneshli (ACG) oilfields, is expected to produce 100,000 barrels of oil a day and cost $6 billion to build, the company said. The project is one of the biggest upstream investment decisions in Azerbaijan so far this year.
Sustainable investing is quickly gaining popularity among a younger investor audience, but some recent mega deals in Oil & Gas show that the fossil fuel sector is still hugely popular among investors
The Dividend Aristocrats fared better than many other stocks during 2018. This group of dividend royalty delivered a 3.3% decline for the year including income, less than the 4.4% drop for the Standard & Poor's 500-stock index.The Dividend Aristocrats, for the uninitiated, are a subset of the S&P; 500 that have increased their annual dividends without interruption for at least 25 consecutive years. And these 50-plus superstar dividend stocks are noteworthy for several reasons: * Their yields are generally higher than the index, averaging 2.5% throughout 2018 versus 1.9% for the S&P; 500. * They've also outperformed over the longer term. During the 10-year period ending Sept. 30, 2018, the Aristocrats returned approximately 13.6% annually, compared to 12% for the S&P; 500. * Risk also was lower. Volatility of returns (as measured by standard deviation) averaged 13.6% for Dividend Aristocrats versus 14.4% for S&P; 500 stocks.However, sometimes even great stocks get knocked back a little. These 18 Dividend Aristocrats have posted double-digit price declines over the past year, with most of them still recovering from the fourth-quarter broad-market drubbing. The upside for any investors considering putting new money to work in these dividend stocks: Many are close to multiyear lows, and several yield more than 3%. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
What to Expect from Total’s Q1 2019 Results(Continued from Prior Part)Total’s segmental analysisBefore we proceed with Total’s (TOT) first-quarter segmental outlook, let’s review the company’s previous quarter segmental performance.
What to Expect from Total’s Q1 2019 ResultsQ4 2018 estimated and actual performance Total (TOT) is expected to post its Q1 2019 results on April 26, 2019. Before we proceed with Q1 2019 estimates, let’s look at Total’s Q4 2018 performance
Overall, oil is being supported by the OPEC+ deal to cut production by 1.2 million barrels per day. U.S. sanctions against Venezuela and Iran also continue to tighten the commodity's fundamentals.
Investing.com - The U.S. first-quarter earnings season has gotten off to a strong start so far. According to FactSet, more than 78% of the S&P; 500 companies that have reported until now have topped analyst expectations, easing worries of an earnings recession.
"Anadarko was the first big oil deal this year, but I bet it won't be the last," CNBC's Jim Cramer says. "We've simply got too many publicly traded companies, something that's only going to get worse as more and more privately held unicorns, like Pinterest tonight, keep coming public," he says. CNBC's Jim Cramer on Wednesday said investors could expect to see more mergers and acquisitions in the energy and oil space in 2019.
If you want to know why many analysts expect S&P 500 Q1 earnings to fall, look no further than the Energy sector. When global growth slows, as it did in Q4 and early Q1, the impact can often chip into demand for crude oil, the main Energy sector product. All of this can lower demand for oil, and it appeared to soften crude prices through the first couple months of the year.
Early last week, M&A; activity for the year was lagging. Then came the $33 billion sale of Anadarko to Chevron. With that deal, everything changed – at least statistically. The equity and debt markets continue to be stingy, so what do companies do for new capital?
Shares of drillers with positions in the Permian Basin are on the rise following Chevron's $33 billion deal to acquire Anadarko Petroleum. Analysts say the rally in drilling stocks is largely a bet on more mergers and acquisitions in the space. Chevron's $33 billion deal to buy Anadarko Petroleum APC is having a halo effect for U.S. oil drillers, as investors place bets on the next acquisition target in the U.S. shale oil space.
NOTE: On April 17, 2019, the press release was corrected as follows: The methodology paragraph was changed to: The principal methodology used in rating Chevron Corporation, Chevron Canada Funding Company, Chevron Capital U.S.A. Inc., Chevron Funding Corporation, and Texaco Capital Inc. was Global Integrated Oil & Gas Industry published in October 2016. The principal methodology used in rating Anadarko Petroleum Corporation, Kerr-McGee Corporation, Anadarko Finance Company, and Union Pacific Resources Group Inc. was Independent Exploration and Production Industry published in May 2017.
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)Analysts’ ratings for BP BP (BP) is expected to post its first-quarter earnings results on April 30, 2019. In this article, we’ll review analysts’ ratings for BP
Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. Geneva-based Trafigura estimates the value of the global petrochemical market at $729 billion and growing. The joint venture will have two units - one in Houston and the other in Geneva - with a focus on bulk liquid chemicals such as sulphur byproducts from smelting rather than typical petrochemicals that are used in plastics.
The energy sector has been one of the worst-performing market sectors in recent years, as a global oil supply has continued to surprise to the upside. The latest data from Bank of America suggests investors ...
Exxon Mobil (NYSE:XOM) has a lot going for it. The company's integrated structure mitigates the effect on oil prices on earnings -- and on the XOM stock price. New management has an aggressive growth plan. Annual dividend increases continues to be solid with Exxon Mobil stock currently offering an attractive 4% yield.Overall, I like XOM stock -- at the right price. Indeed, I bought Exxon Mobil stock last year in the $70s. But I sold it in the $80s, because, again, price matters for the shares.With interest in the energy sector heating up of late, thanks to a big merger and higher oil prices, Exxon Mobil stock might seem even more attractive at the moment. But the same structure that mitigates risk also reduces reward. And so investors seeing more upside in energy stocks should remember that if the sector continues to rally, XOM is likely to underperform.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Energy Sector Gets HotThe U.S. energy industry -- which has struggled for a good chunk of the post-crisis bull market -- looks hot again. WTI crude oil prices have risen 39% already in 2019. Shale plays in Texas, in particular, are growing production at a rapid clip. And now Chevron (NYSE:CVX) is planning to acquire Anadarko Petroleum (NYSE:APC) in a deal valued at nearly $50 billion. * 10 Dow Jones Stocks Holding the Blue Chip Index Back As CNBC reported, there's a sentiment among analysts, at least, that the Chevron-Anadarko deal is just the first of many. Investors seem to agree, as major Permian stocks like Pioneer Natural Resources (NYSE:PXD) and Concho Resources (NYSE:CXO) jumped on the news of the acquisition. Those companies could be acquisition targets themselves with Exxon Mobil a potential buyer.All told, the optimism toward the industry seen so far this year makes some sense. Oil prices are helping, though natural gas prices have faded after a late 2018 spike. Production in the Permian, as well as the Bakken play in North Dakota, is likely to increase. With energy stocks largely left for dead the past few years, there's likely room for the rally to continue. Why Not Exxon Mobil Stock?If that rally does continue, XOM stock very well could rise. But it's highly unlikely that an integrated producer is the right bet for higher oil prices -- and greater shale production.The key reason is the same as it was two years ago: XOM actually isn't a great play on oil prices. The company's "downstream" businesses -- refining and petrochemicals -- benefit from lower crude prices. This has proven to be a good thing in recent years as oil plunged, as XOM stock for the most part held up well. (It certainly performed better than most other oil stocks, particularly during the 2014-2015 bust.)But those downstream businesses generally will see margins compress if oil continues to rally. And so upstream-only players -- producers like Anadarko and Concho -- should benefit more if oil adds to its YTD gains.There's also the M&A angle. Obviously, no company is going to acquire Exxon Mobil; it's the largest energy company in the world outside of Saudi Arabia. Rather, particularly given its relative lack of shale exposure, Exxon Mobil is going to be the acquirer if the shale boom continues, but it's the target, not the buyer, whose stock generally rises in those scenarios. Options Beyond XOM StockFor both those reasons, an investor betting on continued optimism toward shale should look away from XOM stock -- and to the smaller producers, one of which might be acquired by Exxon Mobil. That's why Concho and Pioneer rose on the news of the Anadarko acquisition. Chesapeake Energy (NYSE:CHK) continues to be a high-risk, and high-reward, play on that thesis. (Indeed, CHK has risen 46% so far this year.) Its debt load makes an acquisition unlikely for now; higher oil prices should make that debt more manageable and increase near-term cash flow that can reduce its leverage. * 8 Risky Stocks to Watch as Earnings Season Kicks Off Broadly speaking, there's no shortage of potential plays if shale is going to keep moving higher. Per CNBC, RBC analyst Scott Hanold called out Noble Energy (NYSE:NBL) as a likely takeout candidate. Apache Corporation (NYSE:APA) has shale exposure and enough heft to be attractive to a major like Exxon.Again, this is not to say that XOM is a poor stock or even a sell. Higher oil prices should provide some benefit to earnings and, potentially, to Exxon Mobil shares. The dividend yield is attractive, and the valuation remains reasonable.But if shale growth continues, the big rewards here are going to go to the smaller producers and the companies that get sold. It's at those stocks that investors should look if they think the moves in the energy sector are only beginning.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Why Exxon Mobil Stock Isn't the Play in the Suddenly Hot Energy Sector appeared first on InvestorPlace.
The oilfield M&A game has officially kicked off following the Anadarko deal, and other major takeovers could already be in motion