|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||36.25 - 36.67|
|52 Week Range||29.44 - 36.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.88 (5.22%)|
|1y Target Est||N/A|
Royal Dutch Shell (RDS.A) is the second-highest dividend-yielding stock in our list of the top eight stocks. Shell has a current dividend yield of 5.4%. In 4Q17, Shell announced a dividend of $0.94 per share for its ADRs (American depositary receipts) on November 2, 2017, and paid the dividend on December 20, 2017.
Suncor Energy (SU) comes in eighth place among our top eight dividend-yielding integrated energy stocks. Suncor is a Canadian integrated energy company with Oil Sands, E&P (exploration and production), and Refining and Marketing business segments. SU has a current dividend yield of 2.7%.
Norway might sustain its current oil and gas production levels over the next 5 years, but a lack of investment and reduced exploration could spell trouble
These companies enjoy leading market positions, have a global footprint, strong cash positions and are large enough to stay strong even in the face of unfavorable events.
Moldovan businessman Anatolie Stati will ask bailiffs to sell a $5.2 billion stake in the Kashagan oil field owned by a Kazakh sovereign wealth fund if Astana refuses to pay a $500 million arbitration award, Stati's spokeswoman said on Tuesday. Asked if the stake in the giant oil field - now frozen by a Dutch court - could be foreclosed, Stati's spokeswoman said: "This is the expected course of action. Samruk-Kazyna, the sovereign wealth fund which holds half of Kazakhstan's 16.88 percent Kashagan stake through a Dutch company, said it was making "all necessary arrangements to protect its interest in accordance with the applicable procedure and will continue to vigorously defend its rights".
Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks. While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. "2017 was a challenging year for investors but there are now real opportunities in the energy sector," said Olivia Markham, portfolio manager at BlackRock Commodities Income Investment Trust.
Despite the strongest start for oil prices in four years, the world's top oil companies are hesitating to accelerate the search for new resources as a determination to retain capital discipline trumps the hope of making bonanza discoveries. Exxon Mobil (XOM.N), Royal Dutch Shell (RDSa.L), Total (TOTF.PA) and their peers are set to cut spending on oil and gas exploration for a fifth year in a row in 2018, according to consultancy Wood Mackenzie (WoodMac), despite a growing urgency to replenish reserves after years of reining back investment.
With oversupply being the main reason for the oil price crash and lower spending by the majors in the last few years, the industry may witness lesser oil finds.
Italian gas grid company Snam (SRG.MI) has launched a 33 million euro (£29.35 million) tender to convert its car fleet to natural gas in a sign of its commitment to develop gas fuelling stations in the country. The move comes as utilities across Europe race to embrace the fast-growing business of rolling out charging stations to meet carmaker pledges to move fleets to electric drives. Snam, controlled by state lender CDP, said in a tender it had set a Feb. 16 deadline for bids from European companies to convert its 1,500 vehicle fleet to natural gas.
Shell (RDS.A) remains on track to meet its $30-billion global divestment target by 2018, having completed more than $23 billion divestment deals.
Chevron Corporation (NYSE:CVX) is one of the largest and most well-known oil corporations in the world. In fact, Chevron stock is a member of the exclusive Dividend Aristocrats list, a group of elite dividend stocks with 25+ years of consecutive dividend increases. Due to its reliance on oil prices, the energy sector represents just 2 of 51 Dividend Aristocrats.
Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez in the coming days, another step in its plan to become a regional energy hub. The new 2.5 km wharf is being built by SUMED, which for decades has operated two pipelines from the Red Sea to the Mediterranean. The wharf will have three berths to receive natural gas and petroleum products carriers.
The speed at which Eni was able to reach production at its giant Zohr field was remarkable, an achievement that will change the industry forever
"What the internet did for communications, blockchain will do for trusted transactions, and the energy and utilities industry is no exception," said Stephen Callahan, Vice President, Energy, Environment & Utilities, Global Strategy, at IBM. The trend illustrates how blockchain is swiftly moving beyond financial services and cryptocurrencies, and offers a glimpse of a growing challenge to the $2 trillion energy market. Blockchain is a database of transactions distributed among multiple computers.
It is set to be a calm end to the year for oil markets, having weathered $40 oil and seen the successful implementation of the OPEC production cut
Efforts to find new oil off Norway are expected to double next year, preliminary company plans show, with activity rising in more mature areas after this year's disappointing Arctic campaign. The pressure to deliver is growing as this year's poor exploration results were partly to blame for a drop in interest in Norway's latest licensing round. Around 45-50 exploration wells, including wells to delineate previously made discoveries, could be drilled next year on the Norwegian Continental Shelf (NCS), up from around 26 wells this year.
"What the internet did for communications, blockchain will do for trusted transactions, and the energy and utilities industry is no exception," said Stephen Callahan, Vice President, Energy, Environment & Utilities, Global Strategy, at IBM. The trend illustrates how blockchain is swiftly moving beyond financial services and cryptocurrencies, and offers a glimpse of a growing challenge to the $2 trillion energy market.
The fact even senior managers privately described the plan as “Mission Impossible” showed the scale of the task: Italian energy giant Eni SpA wanted to produce gas from the Zohr field little more than ...
Eni (E) initiates gas production within less than two and a half years has been a big achievement, considering the size of the field.