|Bid||42.900 x 1100|
|Ask||43.200 x 25000|
|Day's Range||42.225 - 42.825|
|52 Week Range||40.530 - 49.500|
|PE Ratio (TTM)||14.37|
|Dividend & Yield||2.70 (5.55%)|
|1y Target Est||N/A|
Italy's Saipem is likely to get a sub-contractor role in a new project to produce liquefied natural gas (LNG) in the Arctic by Russia's Novatek, one of Novatek's partners said. Novatek, Russia's largest non-state LNG producer, is aiming to produce as much LNG as the world's biggest exporter Qatar and is drawing up plans to build a second plant, known as Arctic LNG 2, on the Gydan Peninsula that juts into the Kara Sea. Four sources told Reuters earlier this month that Saipem was expected to be chosen to build offshore platforms for the facility.
European stocks fell Monday, with shares of German auto makers and oil producers among those pushing the market toward a two-week low.
Today's fossil fuel giants can see that wind and solar power will be eating their lunch tomorrow, but knowing the disruption is coming doesn't mean they can pivot to meet it.