|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||46.86 - 47.37|
|52 Week Range||44.78 - 56.82|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||10.66|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||2.64 (5.66%)|
|1y Target Est||68.27|
The deal is expected to trigger an open offer to public shareholders of Adani Gas, and Total may end up having a roughly equal stake in the company as billionaire promoter Gautam Adani, the report said. Adani Gas, an arm of Adani Group, operates a distribution pipeline network of over 6,000 km and caters to nearly 350,000 retail customers, the report said. Total and Adani Gas were not immediately available for comment.
Which Integrated Energy Companies' Earnings Could Jump in 2019?(Continued from Prior Part)Total’s growth estimateWall Street analysts estimate Total’s (TOT) earnings to rise in 2019. Total is a French integrated energy company with exploration
Let's rank integrated energy stocks based on their estimated earnings growth. We'll also assess their valuations and dividend yields.
Total SA subsidiary Total Raffinerie Mitteldeutschland GMBH has halted operations of some units at its 241,000-b/d Leuna refinery in Germany following contamination issues resulting from supplies of Russian crude oil volumes.
European stocks were on course to notch their best weekly performance in two months on Friday as a jump in shares of French pharma giant Sanofi added to the positive mood created by expectations of more moves by central banks to stir growth. France's CAC 40 outperformed its peers with a 1.2% rise, helped by a 4.5% jump in Sanofi after the company appointed Swiss rival Novartis' executive Paul Hudson as its new boss.
European stocks were in recovery mode on Friday after a cautious message from the European Central Bank hit investors' appetite for risk in the previous session, with traders eyeing a U.S. jobs report and U.S. trade tussles with Mexico for fresh direction. Automakers climbed on a report that U.S. President Donald Trump could delay the tariffs he had threatened to put on Mexican goods as soon as this coming Monday, while French drugmaker Sanofi gained on its appointment of a new chief executive. France's CAC 40 outperformed its euro-peers with a 0.9%, helped by French pharma giant Sanofi.
Papua New Guinea Prime Minister James Marape installed a reformer as petroleum minister on Friday, handing him a mandate to overhaul the sector and warning investors to "pack up and leave" if they did not like it. Announcing his ministries in the capital of Port Moresby, Marape said Petroleum Minister Kerenga Kua - brought in from the opposition - shared his vision for raising more revenue from the resources sector.
SINGAPORE/BANGKOK, June 6 (Reuters) - Malaysia's state oil and gas company Petronas has been selected to supply Thailand's state-run Electricity Generating Authority of Thailand its first liquefied natural gas (LNG) imports, a company spokesman told Reuters on Thursday. Petronas and EGAT are still negotiating the terms of the contract, and EGAT is negotiating how much it will pay Thailand's PTT, an EGAT spokesman said.
Commodity companies are pushing to meet Papua New Guinea's new prime minister, who is set to deliver a nationwide address on Wednesday as he starts to overhaul the way the gas-rich country manages its vast natural resources. James Marape's speech is due to be broadcast around 6 p.m. local time (0800 GMT), just as thousands around the rugby league-loving nation gather at their televisions ahead of the State of Origin match, a big derby in Australia. The former finance minister promised he would be "taking back" the economy under his leadership when parliament elected him prime minister last week in the wake of Peter O'Neill's resignation from the position.
Billionaire Jim Ratcliffe's INEOS said on Monday it would invest $2 billion to build three plants that would form part of petrochemical complex being developed in Saudi Arabia by state-owned Saudi Aramco and France's Total. INEOS' plants would be part of a $5 billion complex called Project Amiral that aimed to supply more than $4 billion of derivatives and speciality chemicals, the company said. "We are bringing advanced downstream technology which will add value and create further jobs in the kingdom," Ratcliffe, INEOS' chairman, said in a statement to announce the deal with Aramco and Total.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
PARIS/TOKYO, June 1 (Reuters) - Total will take over Toshiba's U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through. Toshiba will also pay Total $815 million to take over all the contracts linked to the business, Total added. Toshiba was locked into a contract to pay a fixed processing fee for LNG over 20 years from Freeport LNG - regardless of whether it could later find buyers for the fuel at prevailing rates.
Toshiba will pay Total $815 million to take over the 20-year liquefaction rights to the French major and expects to finalize the deal by March 2020, according to a statement from the Tokyo-based company. In addition, Total will also make a $15 million payment to Toshiba for the takeover of its U.S. LNG business and assume its tolling charge commitment. Toshiba had obligations to pay fixed amounts regardless of whether or not it could sell the LNG, and faced billions in losses when the contract kicks off in 2020.
French energy group Total has reach a deal to buy Toshiba's U.S. liquified natural gas business, a source familiar with the matter said on Friday. The acquisition comes amid a drive by Total to expand ...
** Casino and gaming operator Rank Group Plc said that it was in advanced discussions over a possible all cash offer for smaller online peer Stride Gaming Plc. ** French energy group Total has reach a deal to buy Toshiba's U.S. liquified natural gas business, a source familiar with the matter said. ** Private equity firm TPG is looking to acquire senior living communities operator Capital Senior Living Corp, Bloomberg reported, citing people with knowledge of the matter.
Papua New Guinea Prime Minister James Marape signalled his intention on Thursday to toughen laws on natural resources so as to benefit the nation in his maiden speech to parliament after being elected leader. "I have every right to tweak and turn resource laws for my country, then it will empower my citizens as well," he said to cheers and applause at Parliament House in Port Moresby, the capital. "We will look into maximising gain from what God has given this country from our natural resources.
Integrated Stocks’ Dividend Yields Rise: Which Look Attractive?Integrated energy stocks’ dividend yieldsIntegrated energy stocks have fallen in the past year and the current quarter, boosting their dividend yields. Let’s evaluate six global
Oil markets have found themselves torn once again between supply fears and an economic slowdown, with oil prices now having stabilized at a lower level
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum. It also quadrupled its debt - to $40 billion ...