|Bid||15.274 x 0|
|Ask||15.276 x 0|
|Day's Range||15.230 - 15.440|
|52 Week Range||13.220 - 16.890|
|Beta (3Y Monthly)||0.67|
|PE Ratio (TTM)||11.99|
|Forward Dividend & Yield||0.84 (5.39%)|
|1y Target Est||N/A|
Since September 14, Total (TOT) stock has fallen. In this part, we’ll compare Total’s stock returns to the SPDR S&P 500 ETF (SPY), which closely resembles the S&P 500 Index, and WTI, which represents the benchmark crude oil.
Italian firm Eni SpA’s discovery of the giant offshore Zohr gas field in 2015 reignited waning investor interest in Egypt’s oil and gas industry, the country’s biggest single source of foreign direct investment. Under the new system, companies would bear the cost of exploration and production in return for a share of the output, and they would be free to sell to whomever they wish, said the officials, who asked not to be identified because the discussions are private. The oil ministry didn’t immediately respond to requests for comment.
Once a major producer and cog of economic growth, Alaska now accounts for only a small fraction of total U.S. crude oil output. Alaskan oil production has been in a downfall. Since peaking in 1988 when Alaska accounted for 25 percent of U.S. domestic production, the state now produces only 7 percent of U.S. domestic crude.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In this article, we’ll review Suncor Energy’s (SU) stock performance ahead of its third-quarter results. In the past month, Suncor has fallen. The SPDR S&P 500 ETF (SPY) has also fallen. But WTI, the benchmark oil, has risen marginally since September 11.
Energy companies and investors are focused on profits and reluctant to boost spending even after crude prices surged to four-year highs, a senior Goldman Sachs banker said on Thursday. Rattled by the recent downturn in the sector and long-term concerns over oil demand and the switch to renewables, Big Oil is facing an unprecedented challenge. "We're firmly through that survival phase and the better capitalized players are now positioned to do well on the other side of it," Andrew Fry, global head of energy at Goldman said at the Oil & Money conference in London.
In the previous part, we looked at the performance of BP (BP) stock compared to oil prices and the broader market in the past month. In this part, we’ll look at the stock’s price forecast for the 22-day period before its earnings release.
Futures advanced 0.9 percent in New York on Tuesday. As Michael barreled toward Florida, about 40 percent of oil output in the U.S. Gulf of Mexico was shut. Globally, supplies from Iran and Venezuela have been shrinking, creating a “risky situation” for the world economy, said IEA Executive Director Fatih Birol.
Oil prices recovered on Tuesday, ahead of the weekly inventory data releases, as concerns about supply outages in Iran and shut-ins in the Gulf of Mexico became the leading narrative in the markets
By Danilo Masoni and Julien Ponthus MILAN/LONDON (Reuters) - European shares managed to end a choppy session in positive territory and above 6-month lows on Tuesday as concerns about a likely clash in ...
Stocks that moved substantially or traded heavily Monday: Eni SpA, down 96 cents to $36.61 Italian stocks sank after the country's new government said it would move forward with plans to increase spending ...
Futures declined 5 cents a barrel on Monday after last week touching the highest since 2014. U.S. government officials were said to be in talks with countries seeking exemptions from American sanctions that will ban crude purchases from Iran within weeks. Saudi Arabia and allied producers already have raised output to mitigate any drop in Iranian exports.
PLC’s assets in Libya and plans to resume oil exploration there, the Italian energy giant said Monday. Some companies are investing in Libya because “oil prices are high and the political situation is reasonably stable,” said Jason Pack, president of U.S.-based consultancy Libya Analysis. Insecurity had forced BP to suspend searches for oil and gas as part of three $900-million projects four years ago.
Italy's Eni (ENI.MI) has agreed to buy half of BP's (BP.L) 85 percent stake in a Libyan oil and gas licence with the aim of resuming exploration next year, the companies said on Monday. Eni will acquire the 42.5 percent stake and become the operator of the exploration and production sharing agreement (EPSA) in Libya, in which the Libyan Investment Authority holds the remaining 15 percent, the companies said in a statement. The companies, along with state-owned National Oil Corp (NOC), signed a letter of intent in London on Monday paving the way for the final deal.
ROME (Reuters) - The Italian Deputy Prime Minister Matteo Salvini said on Monday he hopes the credit agencies show no prejudice towards Italy when they review their ratings of the country's debt, and he ...
The Italian Deputy Prime Minister Matteo Salvini said on Monday he hopes the credit agencies show no prejudice toward Italy when they review their ratings of the country's debt, and he again ruled out an exit from the euro. The exit from the euro is not on agenda, not today, tomorrow or the day after," Salvini said in an interview with RTL 102.5 radio.
Egypt has just realized one of its key energy goals, the end of LNG imports, but rising oil prices are now creating a major energy dilemma for the country
Eni (E) selects GE Renewable Energy for the supply of 13 of its 3.9-130 onshore wind turbines to the Badamsha project in Kazakhstan.
Global upstream investment has just started to rebound from the 2015-2016 lows, but the lack of significant oil discoveries could lead to a serious oil shortage in the mid-term
General Electric's (GE) Renewable Energy business arm inks deal with Eni to provide its onshore wind turbines for the Badamsha power plant.
Energy majors developing the Karachaganak gas condensate field will pay $1.1 billion (£844 million) to Kazakhstan to settle a profit-sharing dispute, Kazakhstan's Energy Ministry said on Monday. Kazakhstan and the consortium led by Shell (RDSa.AS) and Eni (ENI.MI) will also amend the terms of their production-sharing agreement so that the former Soviet republic will receive a higher share of future revenues from one of the Central Asian nation's biggest hydrocarbon fields. The group has also agreed to provide a $1 billion long-term loan to Kazakhstan for infrastructure development.
General Electric Co, (GE) jumped 1.23% to close at $11.53 Thursday on the heels of the announcement that its Renewable Energy division will provide Eni S.p.A. (ENI.MI), the Italian multinational oil and gas company, with 3.8-megawatt onshore wind turbines for the Badamsha project in Kazakhstan. The Badamsha plant represents the first wind onshore plant of General Electric in Kazakhstan. Warning! GuruFocus has detected 3 Warning Signs with GE.