|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's Range||120.45 - 122.01|
|52 Week Range||100.22 - 131.08|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||15.75|
|Earnings Date||Apr 26, 2019|
|Forward Dividend & Yield||4.76 (3.86%)|
|1y Target Est||139.50|
The oil and gas industry is facing unprecedented pressure to prove its business model is compatible with the goals of the Paris climate agreement. BP has just bowed to investor pressure and backed a resolution to disclose how its future plans align with these goals at its upcoming annual shareholder meeting. While agreement may be slowly building that oil and gas companies’ plans need to square with the Paris goals — it is not clear what that means in practice.
Chevron Corp has told Petrobras it wants proof a Pasadena, Texas, refinery will function as promised before it will take possession of the facility, Gulf Coast market sources said. Chevron announced in January it would buy the 112,229 barrel-per-day (bpd) Pasadena Refining System Inc (PRSI) refinery owned by Petrobras for $350 million (269.6 million pounds). The transfer of ownership to Chevron was put on hold on April 2, one day after planned overhauls began on the refinery, the sources said.
Crude oil prices are blitzing higher on Monday, with West Texas Intermediate pushing towards the $70-a-barrel level, after the President Donald Trump Administration announced the United States is ending sanction wavers on Iranian oil imports in early May. With the start of the summer driving season nearly upon us, the energy bulls are wasting no time bidding up key stocks in the space on supply concerns.Of course, this could create a number of macroeconomic problems down the road. Higher at-the-pump prices will pinch consumer spending power. It will bolster inflation measures. And it could well result in the end of the Federal Reserve's recent dovish tilt. * 7 Tech Stocks With Too Much Risk, Not Enough Upside But for now, higher prices means more revenue for oil and gas stocks. Here are four on the move:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Exxon Mobil (XOM)Exxon Mobil (NYSE:XOM) shares are testing the upper end of a two-month consolidation range bounded by the upper reaches of the sideways channel seen late last year. A breakout here would put the September high near $85 in play, which would be worth a gain of nearly 4% from here.The all-time high of $88 set in 2014 belies that fact the stock has been drifting sideways for nearly five years, since oil prices peaked and the Saudis unleashed their price war against U.S.-based shale producers. The company will next report results on April 26 before the bell. Analysts are looking for earnings of 74 cents per share on revenues of $67.4 billion. When the company last reported on Feb. 1, earnings of $1.41 beat earnings by 33 cents on an 8.1% rise in revenues. Chevron (CVX)Chevron (NYSE:CVX) is benefiting from a recent ruling by the Dutch Supreme Court in its fight against a lawsuit from the Republic of Ecuador for fraud and corruption. Watch for shares to move back above their 50-day moving average and break up and out of a three-year long sideways pattern. * 5 Dividend Stocks Perfect for Retirees The company will next report results on April 26 before the bell. Analysts are looking for earnings of $1.31 per share on revenues of $37.4 billion. When the company last reported on Feb. 1, earnings of $1.95 beat estimates by six cents on a 12.6% rise in revenues. Hess (HES)Hess (NYSE:HES) shares are extending higher on Monday, pushing further away from their golden cross as the 50-day average rallies above the 200-day average. Watch for a move to the prior high near $73, which would be worth a gain of nearly 10% from here. The strength comes despite a recent downgrade by MKM Partners analysts, who are still looking for a $71 price target.The company will next report results on April 25 before the bell. Analysts are looking for a loss of 27 cents per share on revenues of $1.4 billion. When the company last reported on Jan. 30, a loss of 31 cents per share beat estimates by seven cents on a 30.3% rise in revenues. Marathon Oil (MRO)Shares of Marathon Oil (NYSE:MRO) are perking up and over their 200-day moving average, exiting a downtrend pattern that has been in place since October. Already up roughly 50% from the low set in late December, watch for a run at the prior high near $24, which would be worth another 30% move from here. * 10 S&P 500 Stocks to Weather the Earnings Storm The company will next report results on May 1 after the close. Analysts are looking for earnings of seven cents per share on revenues of $1.3 billion. When the company last reported on Feb. 13, earnings of 15 cents per share beat estimates by a penny on a 27.7% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post 4 Energy Stocks Soaring as Trump Tightens on Iran appeared first on InvestorPlace.
Which Integrated Stocks Could Post More Gains?(Continued from Prior Part)Chevron’s implied gainsChevron (CVX) has higher implied gains than ExxonMobil (XOM) and BP (BP). We have considered analysts’ mean target price to determine the implied
Major stock indexes traded near the flatline Monday afternoon, but another jump in oil prices lifted Exxon Mobil and Chevron in the Dow Jones today.
The Dow Jones Industrial Average is enjoying a remarkable rally. In 2019, Dow stocks - a group of 30 American blue-chip companies - have soared 13.9% as a group. We now find ourselves within striking distance of the index's all-time high, and if earnings can clear a low expectations bar, further gains could be on tap.But not all Dow Jones stocks are created equal. So which ones should you be keeping an eye on right now?We have used TipRanks' new Stock Comparison tool to pinpoint the five Dow components with the highest ratings from Wall Street analysts right now. All five stocks share a "Strong Buy" Wall Street consensus based on ratings doled out over the past three months.Here are the five highest-rated Dow Jones stocks right now. Let's delve in and see why analysts are so optimistic. SEE ALSO: 50 Top Stocks That Billionaires Love
Stocks of integrated-energy giants were rising on the news that the U.S. is ending waivers for countries to import Iranian oil. Exxon Mobil stock is up 2% and Chevron is up 1.6%. Explorers could benefit, too.
Which Integrated Stocks Could Post More Gains?Integrated energy stocks’ implied gains In this part, we’ll rank integrated energy stocks based on their implied gains. We’ll discuss analysts’ one-year mean target price to estimate a stock’s
SAN RAMON, Calif., April 22, 2019 /PRNewswire/ -- Autoweek magazine today unveiled that Techron® was awarded the top honor in the Fuel Additive category as part of its inaugural Readers' Choice Awards, which featured winners across 24 DIY and aftermarket categories. The leading automotive publication surveyed thousands of readers, enthusiasts and industry insiders, who selected the bottled fuel additive brand from Chevron Products Company as their top pick. According to the magazine, some of those who voted for Techron were longtime customers of the brand relating their personal experiences about the additive's effectiveness and others were automotive insiders who became "believers" after using Techron in their vehicles.
ConocoPhillips (COP) plans to allocate capital to resources where cost of operations will be considerably lower, making operations more efficient.
The S&P; 500 slipped 3 points or 0.1% by 9:43 AM ET (13:43 GMT), while the Dow was down 46 points or 0.2% and tech-heavy Nasdaq composite lost 22 points or 0.3%.
Investing.com - U.S. gross domestic product, a hectic week of earnings and interest rate decisions in Japan, Canada and Turkey will keep market watchers on their toes this week as markets return from Eater holidays. Financial markets in Europe are to remain closed on Monday.
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included a leading airline and a pharmaceutical giant. And bearish calls included cruise line operators ...
Everyone thinks M&A in the Permian Basin is heating up. Some assets looks especially cheap. Here is a list of what producers to focus on.
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.
Secretary Pompeo announced the end of sanction waivers for countries that import oil from Iran. Countries impacted include India, China, Turkey, South Korea and Japan. The waiver will end early May. The Schork Report Founder and Publisher Stephen Schork joins Yahoo Finance's Seana Smith.