|Bid||71.38 x 1000|
|Ask||78.00 x 800|
|Day's Range||72.31 - 73.46|
|52 Week Range||61.81 - 85.02|
|PE Ratio (TTM)||31.87|
|Forward Dividend & Yield||1.44 (1.96%)|
|1y Target Est||97.56|
After months of delays, disasters and bad PR, Exxon’s Papua New Guinea project seems to be on its way up, and with the trade war escalating, it could end up being more profitable than expected
Of the ten analysts covering BP (BP), four (40%) recommend “buy” or “strong buy,” five (50%) recommend “hold,” and one (10%) recommends “sell.” Jeffries recently cut its target price for BP to $48.60. However, Goldman Sachs has added BP stock to its Conviction List. Analysts’ mean target price for BP is $49, implying an 18% upside.
Chinese state-run oil and chemicals group Sinochem is in advanced talks to transfer its 33.6 percent stake in a debt-laden refinery to state giant PetroChina , part of Sinochem's plan to shed non-core assets ahead of a $2 billion listing of its energy arm, people briefed on the matter said. The move is in line with a transformational strategy pushed by Sinochem chairman Ning Gaoning to zero in on core assets as it finalises a merger with ChemChina that will create the world's biggest industrial chemicals firm, worth around $120 billion (£94 billion). It isn't yet clear what the valuation of the stake in the export-focused 200,000 barrels-per-day (bpd) West Pacific Petrochemical Corp (WEPEC) refinery will be, the people said.
Investing.com – PetroChina Co Ltd (HK:0857) is reportedly considering halting purchases of the U.S.’s liquefied natural gas (LNG) spot cargoes in winter due to the increased tariffs amidst the trade dispute the U.S. and China, Bloomberg reported on Monday.
Investing.com – Asian markets were mostly lower in afternoon trade on Monday as investor feared the Turkish currency crisis could spill over into the global markets.
PetroChina Co. may temporarily halt purchases of spot U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the U.S. and China, according to ...
Cheniere Energy Inc Chief Executive Jack Fusco said on Thursday he does not expect proposed Chinese tariffs on U.S. liquefied natural gas to have an economic impact on the LNG's company's existing contracts. "We don't foresee an economic impact to Cheniere as it relates to our existing long-term contracts with PetroChina," Fusco told analysts in a call following the release of the company's second-quarter earnings.
Zacks.com highlights: Turtle Beach, PetroChina, Harsco, Integer Holdings and Triton International
Net profit margin is the most effective way to measure a company’s profitability. In simple terms, net profit is the amount a company retains after deducting all costs, interest, depreciation, taxes and other expenses. In fact, net profit margin can turn out to be a potent point of reference to gauge the strength of a company’s operations and cost-control measures.
We began the series by examining BP’s (BP) second-quarter earnings by segment. BP’s earnings rose and surpassed estimates in the quarter. We then discussed BP stock, which rose on its earnings release day. We also reviewed analysts’ ratings on BP, which could strengthen going forward due to BP’s improving financial position.
Investing.com – Asian markets were mixed in morning trade on Friday as investors weighed gains from the optimism for technology shares on Wall Street and the elevated trade tensions between China and the U.S.
Apple, much to the joy of shareholders and fanboys everywhere, could soon become the first U.S. company to reach a valuation of $1 trillion. Globally, however, the 13-figure mark was apparently breached about a decade ago, when PetroChina enjoyed a face-melting debut in Shanghai. But the celebration didn’t last long.
PetroChina's market cap hit $1 trillion in 2007 after a successful debut on the Shanghai Stock Exchange on Nov. 5 of that year. It was all downhill from there, however, as oil prices collapsed and a global financial crisis broke out. Before Apple AAPL hit $1 trillion in market value Thursday, there was Chinese oil giant PetroChina 1857-SZ , which reached the milestone more than a decade ago.
Encana's (ECA) weaker-than-expected earnings can be attributed to the $236 million non-cash charge incurred in the second quarter of 2018.
At this stage, investment in energy stocks engaged primarily in oil explorations will be a prudent move. At present, combined oil supply from Iran, Libya and Venezuela are at their lowest since January. Venezuela is plagued with economic instability and its oil production is not anticipated to reach normalcy till the end of 2018.
In the previous article, we looked at analysts’ ratings for ExxonMobil (XOM). In this article, we’ll look at changes in its implied volatility. We’ll also estimate ExxonMobil’s stock price range for the seven-day period ending on August 3.
Though oil majors are constantly cutting costs, boosting production and exploration, the real rise or fall in profits and revenue are largely dictated by crude prices
Aug.12 -- PetroChina Co. may temporarily halt purchases of spot U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the U.S. and China, according to sources with knowledge of the strategy. Bloomberg's Stephen Stapczynski reports on "Bloomberg Daybreak: Asia."