|Bid||2.8100 x 440000|
|Ask||2.8600 x 430000|
|Day's Range||2.8000 - 2.8550|
|52 Week Range||2.8000 - 6.4600|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||9.33|
|Forward Dividend & Yield||0.04 (1.41%)|
|1y Target Est||N/A|
MEXICO CITY/CARACAS (Reuters) - Royal Dutch Shell Plc (RDSa.AS) is negotiating the sale of its stake in a Venezuelan oil joint venture to Paris-based Maurel & Prom (MAUP.PA), three sources said this week, a move to scale down its crude business in the ailing OPEC-member country to focus on gas. The Anglo-Dutch company is seeking to sell its 40 percent stake in Petroregional del Lago, a joint venture with Venezuela's state-run oil company PDVSA in the western state of Zulia near Colombia. The area has been plagued by frequent theft of equipment and near-daily power cuts as Venezuela remains mired in deep recession, hyperinflation and chronic shortages of food and medicine.
Investors are always looking for growth in small-cap stocks like Etablissements Maurel & Prom SA (EPA:MAU), with a market cap of €1.09b. However, an important fact which most ignore is:Read More...