|Bid||115.33 x 800|
|Ask||120.02 x 1400|
|Day's Range||116.05 - 118.14|
|52 Week Range||108.02 - 133.88|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||18.49|
|Earnings Date||Nov 2, 2018|
|Forward Dividend & Yield||4.48 (3.82%)|
|1y Target Est||146.23|
The once record-breaking Category 4 Hurricane Michael is now hitting the mid-Alantic and Carolinas with heavy rain, leading to major flooding. Yahoo Finance’s Alexis Christoforous speaks with Jeff Dudan, the CEO and Founder of AdvantaClean to discuss the road to recovery.
SAN FRANCISCO (AP) — Emergency crews extinguished a fire burning dangerously close to a Chevron underground natural gas pipeline Thursday and lifted an evacuation order that had forced some 4,000 residents from their homes the night before.
Officials have lifted an evacuation order for some 4,000 San Francisco Bay Area residents after emergency crews extinguished a fire burning in an underground storage vault near a Chevron natural gas pipeline. Contra Costa County deputy fire chief Lewis Broschard said Thursday all evacuation orders were ended about 15 hours after some 1,400 homes were evacuated late Wednesday near Bay Point.
DUBAI/LONDON (Reuters) - Saudi Arabia and Kuwait will struggle to resume oil production from jointly operated fields any time soon due to operational differences and souring political ties between the previously close Gulf OPEC allies, sources familiar with the matter said. The two countries halted output from the jointly run oilfields - Khafji and Wafra - in the so-called Neutral Zone more than three years ago, cutting some 500,000 barrels per day or 0.5 percent of global oil supply. As oil prices rose to a four-year high above $85 per barrel this year, Washington has been pressing its top Gulf ally Riyadh to reduce crude prices by increasing production.
Oil majors in Europe and the U.S. appear to hold very different views when it comes to the future of oil and the speed of the next energy revolution
While TOTAL seems to be leading the renewables race, Chevron seems to be lacking a clearly defined path when it comes to clean energy.
Suncor Energy’s (SU) short interest as a percentage of its outstanding shares has fallen from 0.42% on July 2 to its current level of 0.28%, implying that the bearish sentiment in the stock has decreased. However, in the same period, Suncor stock has fallen 11.9%.
Chevron announces a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael.
Chevron U.S.A. Inc. today announced a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael. “Hurricane Michael has taken a devastating toll,” said Dale Walsh, president of Chevron Americas Products. The $500,000 donation will be evenly split between the American Red Cross and Volunteer Florida, Florida’s lead agency for volunteers and donations before, during and after disasters.
BP Midstream's (BPMP) latest distribution hike translates to a yield of 6.3%, based on its closing price of $18.67 as of Oct 15.
Chevron (CVX) is selling its interests in Norway, while Petrobras (PBR) entered into a strategic joint venture with Murphy Oil Corporation (MUR) in the Gulf of Mexico.
For investors in Exxon Mobil (NYSE:XOM), the last year has been a very interesting ride. Exxon is one of the largest energy stocks on the planet with a massive resource base and billions in cash flows, so XOM should be flying high as well. The question for investors now is whether or not, Exxon is truly getting over those humps and is back to being the leader in the oil patch.
So far in this series, we’ve examined Suncor Energy’s (SU) third-quarter estimates, segmental earnings outlook, and stock performance. We’ve also reviewed its forecast range for the 20-day period leading up to its earnings release on October 31.
Let’s analyze how Royal Dutch Shell’s (RDS.A) segmental earnings performed in the second quarter. Then, we’ll discuss Shell’s third-quarter earnings expectation.
U.S. crude oil exports hit a record of 2.2 million bpd earlier this year, and exports could potentially double from here, but what are the risks?
Before we proceed with a third-quarter segmental outlook for Suncor Energy (SU), let’s have a look at its second-quarter segmental performance. Suncor’s exploration and production earnings rose 71% YoY (year-over-year) to 311 million Canadian dollars due to better realizations and lower royalties.
Investors looking for bargains in the stock market after Friday’s bloodbath need to remember that some shares are “cheap” for a good reason. ExxonMobil (XOM), the largest publicly traded oil company, is case in point.
Since more than 76% of the total production comprises oil, Oasis Petroleum (OAS) has been capitalizing on the significant recovery in oil prices.
On October 12, the IEA (International Energy Agency) released its Oil Market Report. In the report, the IEA cut oil’s demand growth forecast by 0.1 MMbpd (million barrels per day) to 1.3 MMbpd and 1.4 MMbpd for 2018 and 2019, respectively. The cut might be a negative development for oil prices.