70.00 +0.03 (0.04%)
Pre-Market: 6:32AM EST
|Bid||68.59 x 100|
|Ask||70.00 x 500|
|Day's Range||69.71 - 70.12|
|52 Week Range||57.20 - 73.51|
|PE Ratio (TTM)||492.75|
|Forward Dividend & Yield||3.08 (4.44%)|
|1y Target Est||N/A|
Dallas-based Stream Realty Partners, a real estate development, services and investment firm, unveiled $9 million in upgrades to a North Dallas office tower, which could help the ownership group snag some new office tenants. The ownership group — a joint venture between New York Life and Dallas-based Encore Enterprises — decided to deploy a year-long renovation to the 24-story, 549,000-square-foot office tower to lure companies and employees to the property along LBJ Freeway near the Dallas North Tollway.
Occidental Petroleum Corporation (NYSE:OXY) is trading with a trailing P/E of 98.1x, which is higher than the industry average of 14.1x. While OXY might seem like a stock to avoidRead More...
ConocoPhillips’s (COP) 2016 production mix was ~38.0% crude oil, ~12.0% bitumen, ~9.0% natural gas liquids, ~22.0% international natural gas, and ~19.0% North American natural gas.
Despite an improvement in oil prices this year, several big oil stocks have lost value, which makes them compelling options for investors.
Looking for investing ideas that may not be as overvalued or risky? Nine MoneyShow contributors who follow energy offer a dozen ideas in stocks, MLPs and ETFs.
Occidental Petroleum (OXY) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
Shares of Occidental Petroleum Corporation (NYSE:OXY) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.77 per share, investors must have owned the shares priorRead More...
Royal Dutch Shell (RDS.A) announced a partnership with Munich-based venture IONITY for electric vehicle charging, while Petrobras (PBR) started oil production from its Libra field off Rio de Janeiro.
Given the energy industry’s dependence on commodity prices, the sector tends to be cyclical and profitability can be highly variable. However, as oil rebounded from its multi-year lows, certain energyRead More...
For the week ending November 17, ConocoPhillips (COP) stock had shown the highest correlation of ~91% with natural gas (UNG).
On November 13–20, oil-weighted stocks fell 5.7%. Continental Resources and Concho Resources had the lowest correlations with oil prices during this period.
Between November 6 and November 13, 2017, oil-weighted (more than 60% oil production) stocks from the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell just 0.1%.
Occidental Petroleum's (OXY) focus in Permian Resources will continue to yield positive results. Its strength will help it overcome the impact of natural disasters.
The Zacks Analyst Blog Highlights: Pfizer, Occidental Petroleum, Charles Schwab, Prudential and S&P Global