|Bid||118.05 x 800|
|Ask||118.08 x 1000|
|Day's Range||117.99 - 119.21|
|52 Week Range||78.44 - 119.92|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||11.81|
|Earnings Date||Feb 6, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||3.60 (3.04%)|
|1y Target Est||129.24|
The federal government's EIA report revealed that domestic crude production climbed to yet another record high of 12.8 million barrels per day.
Higher oil and gas production and drop in lifting costs helped PetroChina's (PTR) exploration and production unit profit surge 32.9% during the nine months ended Sep 30, 2019.
Petrobras (PBR) generated positive free cash flow for the 18th consecutive quarter, with the metric surging to $6,480 million from $2,049 million recorded in last year's corresponding period.
A Chinese national pleaded guilty on Tuesday to stealing trade secrets from U.S. petroleum company Phillips 66, where he worked on the research and development of next generation battery technologies, the U.S. Justice Department said. Hongjin Tan, 36, stole information regarding the manufacture of a "research and development downstream energy market product" that is worth more than $1 billion, the department said in a statement. The department identified the company where he worked as Phillips 66 in court documents filed in Oklahoma.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Chevron Phillips Chemical Company LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Phillips 66 (PSX) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Zacks Value Trader Highlights: H&E Equipment Services, Intel, Builders FirstSource, Sony and Phillips 66
Murphy USA's (MUSA) third-quarter 2019 earnings per share beat the Zacks Consensus Estimate on robust retail gallons and same-store sales volumes.
Gulfport Energy (GPOR) generated free cash flows of $103.4 million in the third quarter, substantially higher than $23.8 million reported in the year-ago period.
U.S. oil refiner Phillips 66 said on Wednesday its 2020 capital spending budget could fall as much as 10% below this year's plans, which include $300 million for a West Coast marketing campaign. "Phillips 66 has a consistent, proven strategy to create value for shareholders," Chief Executive Greg Garland said in New York. The 2019 capital budget was boosted in part by $300 million to pay for a retail-fuels joint marketing campaign with an undisclosed partner on the West Coast, executives said.
Higher production from Encana's (ECA) core assets of Permian, Anadarko and Montney Basins drives the company's year-over-year results to excellence.
Phillips 66 (PSX) executive management is hosting an investor day in New York today, at 8:30 a.m. EST, to provide an update on the company’s strategic initiatives. “Phillips 66 has a consistent, proven strategy to create value for shareholders,” said Greg Garland, chairman and CEO of Phillips 66. The company has a strong portfolio of growth and return projects to increase the cash generation capability of its integrated portfolio.
Phillips 66 continues to reign as the largest Houston-based public company in terms of revenue, but which companies saw the biggest growth?
Oceaneering (OII) anticipates sequential improvement from its 'Advanced Technologies' unit in Q4 but lower contribution from the ROV and the 'Subsea Products' segments.
Suncor Energy's (SU) operating earnings from the downstream unit decline to C$668 million in Q3 from C$932 million in the prior year due to weak refining margins.