|Bid||0.00 x 4000|
|Ask||0.00 x 1000|
|Day's Range||43.93 - 45.33|
|52 Week Range||29.79 - 46.54|
|PE Ratio (TTM)||60.11|
|Earnings Date||Jul 31, 2018|
|Forward Dividend & Yield||0.32 (0.71%)|
|1y Target Est||49.20|
Floor trader Matt Cheslock joins Yahoo Finance's Seana Smith from the New York Stock Exchange to discuss the latest market moves.
Ferrellgas (FGP) expects the recently-acquired Diamond Propane to be accretive to earnings and enable business expansion in northern New York.
Anadarko Petroleum (APC) stock has risen significantly this year. The stock has risen 37.8% year-to-date and 73.14% on a YoY (year-over-year) basis. In comparison, the broader industry represented by the Energy Select Sector SPDR ETF (XLE) has increased ~20.48%, while the broader market S&P 500 SPDR ETF (SPY) has risen 15.07% during the same period.
Anadarko Petroleum (APC) utilizes free cash flow generation capacity to raise share repurchase and debt reduction programs by $1.5B.
Moody's Investors Service (Moody's) assigned first time ratings to GIP III Stetson I, L.P. (GIP III Stetson I), including a Ba3 Corporate Family Rating (CFR) and Ba3-PD Probability of Default Rating (PDR). Moody's also assigned a Ba3 rating to a proposed $1 billion senior secured term loan with borrowers GIP III Stetson I and GIP III Stetson II, L.P. (GIP III Stetson II, unrated, and collectively GIP III Stetson).
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding DVN totaled $2.47 billion.
Permex Petroleum Corporation Completes Acquisition of the ODC San Andres and Taylor Properties in Gaines County Texas
Of the 24 analysts covering ConocoPhillips (COP) on June 29, ~21% recommend “strong buy,” ~46% recommend “buy,” and ~33% recommend “hold.” Their mean target price for COP is $75.73, ~9% higher than its June 29 closing price of $69.62.
Cabot Oil & Gas (COG) expects to generate a cumulative after-tax corporate FCF (free cash flow) of $1.6 billion–$2.5 billion from 2018 to 2020. The forecast is based on a NYMEX price range of $2.75–$3.25 per MMBtu (million British thermal units) during the three-year period.
EnLink Midstream Partners (ENLK) has been sluggish in recent trading sessions despite strong gains in crude oil prices. ENLK has fallen ~12% from its June highs. At the same time, the Alerian MLP ETF (AMLP), which is made up of 25 energy MLPs, has fallen ~4%, indicating a general sell-off in the midstream energy sector.
Stock Research Monitor: CRK, CPG, and DVN LONDON, UK / ACCESSWIRE / July 2, 2018 / If you want a free Stock Review on DNR sign up now at www.wallstequities.com/registration . Today, WallStEquities.com ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DVN. Over the last one-month, outflows of investor capital in ETFs holding DVN totaled $74 million.
Investors looking for the best stocks to invest in right now often look first to the price-to-earnings (P/E) ratio to find reasonably-priced stocks. And while that might lead to a reasonably-priced stock, that offers no visibility on growth.
On June 22, Reuters reported that 25 analysts had given recommendations on Occidental Petroleum (OXY) stock. Of these, ~24% of analysts gave it “strong buy” recommendations, and ~36% gave it “buy” recommendations, while the remaining ~40% gave it “hold” recommendations. There were no “sell” or “strong sell” recommendations on the stock.