|Bid||42.90 x 1100|
|Ask||43.20 x 25000|
|Day's Range||43.03 - 43.42|
|52 Week Range||40.53 - 49.50|
|PE Ratio (TTM)||14.53|
|Dividend & Yield||2.95 (5.89%)|
|1y Target Est||N/A|
TOTAL's (TOT) decision to acquire Maersk Oil will expand its operation globally and help it achieve its production target of 3,000 thousand barrels of oil equivalent per day in 2019.
French oil giant Total has agreed to acquire Danish conglomerate A.P. Moeller-Maersk’s oil unit for $4.95 billion, signaling a renewed appetite for deals in the global oil-and-gas industry.
French energy supermajor Total said this morning that it had acquired Maersk Oil in a deal valued at $7.5 billion including debt.