|Bid||42.900 x 1100|
|Ask||43.200 x 25000|
|Day's Range||43.295 - 43.690|
|52 Week Range||40.530 - 49.500|
|PE Ratio (TTM)||14.60|
|Dividend & Yield||2.95 (5.88%)|
|1y Target Est||N/A|
Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. In Wirth, Chevron would pivot to a leader with experience in refining, where costs are regularly scrutinized down to the fraction of a penny. Chevron's shares are up about 35 percent since Watson took over as CEO in January 2010, but the Dow Jones industrial average has more than doubled in that time.
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.