|Bid||115.89 x 1000|
|Ask||116.69 x 1000|
|Day's Range||115.04 - 117.88|
|52 Week Range||107.54 - 133.88|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||18.16|
|Earnings Date||Jan 31, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||4.48 (3.75%)|
|1y Target Est||146.14|
A federal judge issued an order to halt the construction of the controversial Keystone XL pipeline. Yahoo Finance's Julie Hyman, Adam Shapiro, and Alexis Keenan discuss.
Integrated energy companies’ refining throughput shows the quantity of oil and other feedstock processed to generate refined products. ExxonMobil (XOM) had a throughput of 4,392 thousand barrels per day or Mbpd in Q3 2018, which was higher than Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP).
A trio of in-house lawyers from the litigation departments of global energy companies on Thursday gave a rare glimpse of what it takes for an outside firm to be retained for these companies’ big litigation matters.
Investing.com - The selloff on Wall Street continued for a second-straight day as a selloff in energy weighed on risk sentiment.
Exxon Mobil, Chevron, ConocoPhillips and Royal Dutch Shell are reportedly interested in buying Endeavor Energy Resources, a Permian Basin acreage holder.
Since we can’t speak for the Fed, let’s look at the former as part of our must-see stock charts. It also cut right though what many would have suspected as decent support, particularly given that oil is down for 12 straight sessions. After a pretty darn good earnings report, Exxon Mobil (NYSE:XOM) finds itself caught up in a tough selloff thanks to oil prices.
Income investors may not know it yet, but many dividend stocks might be facing a significant threat as the Federal Reserve hikes interest rates through the end of 2019. It’s times like these that many investors seek dividend aristocrats, but there are other dividend stocks out there that are still worth checking out despite not being in this exclusive club. Starting with one of the most cyclical but most dependable in dividend income on this list, Ford (NYSE:F) offers a dividend yielding 6.3%.
The two oil majors may be joined by ConocoPhillips in competing for the business, which could be valued at about $15 billion including debt, said the people, asking not to be identified because the information is confidential. Royal Dutch Shell Plc has also been contacted and may participate, they said. A $15 billion sale would rank among the top 10 deals ever for a private energy company, according to data compiled by Bloomberg.
In this part of our series, we’ll compare the total hydrocarbon output and the production mix for integrated energy companies ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) in Q3 2018.
Integrated energy companies’ upstream earnings rose in Q3 2018, changing the dynamics by segment within the companies. ExxonMobil’s (XOM) upstream earnings increased from $1.6 billion in Q3 2017 to $4.3 billion in Q3 2018 due to a rise in realizations, partly offset by a fall in volumes year-over-year. Brent oil prices rose 45% year-over-year or YoY to $75 per barrel.
In the previous part of this series, we reviewed integrated energy firms’ Wall Street ratings. We compared overall ratings for ExxonMobil (XOM), Royal Dutch Shell (RDS.A), BP (BP), and Chevron (CVX). We also looked at CVX and Shell’s ratings in detail. Now we’ll discuss BP and XOM in detail.
The top 25 highest paid CFOs make more than $250 million in compensation each year combined. The data comes from a survey prepared for the San Francisco Business Times by Equilar Inc., which calculates total compensation to include base salary, discretionary and performance-based cash bonuses, the grant date value of stock and option awards and other compensation. CFOs from tech giants like Apple, Facebook, Electronic Arts and Twitter top the list, with financial chiefs from fintechs and banks falling short behind. While the highest salary of almost $2 million is made by John Shrewsberry of banking behemoth Wells Fargo, the bulk of compensation for these CFOs comes in the form of stock awards.
ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) are covered by 23, 24, 15, and 11 Wall Street analysts, respectively.
Oil prices reversed lower Monday after President Trump warned Saudi Arabia not to cut oil output, as OPEC's de facto leader grapples with oversupply concerns.
Using trading platform Finscreener’s chartboard tools, we can take a look at the top mega-cap gainers in the S&P 500 over the initial trading days of November, filtering by those that are up more than 3 percent over the past 5 trading days. In addition to a few companies that reported strong earnings in this span like Mastercard Inc. (NYSE: MA) and The Coca-Cola Co. (NYSE: KO), this array features quite a few names traders have come to expect to lead the market. As most market watchers know, and as the chart above reveals, tech, financial and energy names took it on the chin in October, with Amazon.com, Inc. (NASDAQ: AMZN), Mastercard and Chevron Corporation (NYSE: CVX) being particularly hard hit.
Brent and West Texas Intermediate futures have bounced 1.2% on Monday, to $71 and $61 per barrel, respectively. Much attention has been focused on the sharp decline in crude prices, inciting concerns about what that might be signaling about macroeconomic growth, but prices coming down might have more to do with reversion to the mean than indication of a coming crisis, writes Parag Thatte, a Deutsche Bank strategist. “...Beginning in April, oil prices began rising as the market focused on diminished supply first from Venezuela and then Iran as the U.S. pulled out of the nuclear deal,” he writes.
Oil prices are staging a comeback, driving Brent crude oil above $70 following an announcement from the kingdom of Saudi Arabia indicating that the world's major crude producers plan to cut supply significantly in 2019. A drop off in crude oil prices in the recent period has weighed on oil and gas companies. Since reaching a 52-week high at the beginning of October, the crude oil price has fallen 18% through Monday morning, dragging the SPDR S&P Oil & Gas ETF ( XOP) down more than 17% over the same period. Ahead of next month's OPEC meeting, Saudi Arabia said it will slash production by 500,00 barrels, or about 0.5% of current global supply.
The S&P 500 fell 18 points, or 0.65%, to 2,762.82 as of 9:42 AM ET (14:42 GMT), while the Dow decreased 139 points, or 0.53%, to 25,850.26 and the tech-heavy Nasdaq Composite was down 100 points, or 1.35%, to 7,306.71.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]