|Bid||77.56 x 800|
|Ask||77.65 x 800|
|Day's Range||76.76 - 78.12|
|52 Week Range||62.91 - 85.02|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||25.85|
|Forward Dividend & Yield||1.36 (1.81%)|
|1y Target Est||97.50|
In this series, we’ve reviewed Royal Dutch Shell’s (RDS.A) third-quarter estimates, segment-wise prospects, stock returns, and stock price forecast before its third-quarter earnings. The earnings are scheduled to be released on November 1. In this part, we’ll discuss analysts’ ratings for Shell.
In this part, we’ll discuss Royal Dutch Shell’s (RDS.A) stock price forecast range for the 20-day period until its earnings. The price range forecast will be based on the current level of implied volatility in Shell. Shell is expected to post its third-quarter earnings on November 1.
Since September 12, Royal Dutch Shell (RDS.A) stock has risen marginally. In this part, we’ll compare Shell’s stock returns to the SPDR S&P 500 ETF (SPY), which closely resembles the S&P 500 Index, and WTI, which represents benchmark crude oil.
In the previous article, we evaluated Suncor Energy’s (SU) stock performance compared to oil prices and the broader market in the past month. In this article, we’ll look at Suncor stock’s price range forecast for the 20-day period leading up to its earnings release.
In the previous two parts of this series, we looked at BP’s (BP) segmental outlook for the third quarter of 2018. Now we’ll look at BP stock before its third-quarter earnings release.
SINGAPORE/NEW DELHI (Reuters) - China's top oil and gas producer PetroChina is preparing to open its first South Asia office in India to scout for business opportunities in oil and liquefied natural gas, three industry sources told Reuters. This is another sign of China expanding its role in overseas markets after years of building refining capacity and as a refined oil product glut builds in Asia. The company was registered as PetroChina International (India) on July 17 with a total paid-up capital of 33 million rupees ($444,000) in Mumbai, according to the information posted on the Ministry of Corporate Affairs website.
The final investment plan sealed between the operators on the C$40-billion project marks a historical milestone for Canada by helping the country secure a new source of growth in the coming decades.
Vermilion (NYSE:VET) is a Calgary, Alberta-based company that explores and produces natural gas and oil. Its primary operations are in Canada with additional fields in the Powder Basin in the Western U.S. as well as in Australian and in Europe. Many years ago, Vermilion stock was a high-dividend-paying stock structured as a Canadian Income Trust (CIT) with shares also trading in the U.S. market. Back then, income trusts were structured much like U.S. passthrough securities such as master limited partnerships (MLPs). ...
The Chinese state-owned energy giant on Friday gave the thumbs-up for its 15% stake in Canada’s first liquefied-natural-gas export port, at $30 billion the country’s largest infrastructure project ever. aims to isolate China by reaching new direct-trade agreements with allies—doesn’t look coincidental. The global energy business has always come with a heavy dollop of geopolitics, but the emergence of the U.S. as a significant exporter—and China as the world’s largest net importer—is adding a new twist.
With KOGAS and PetroChina having officially given a go-ahead to the project, FID from Shell (RDS.A) and other co-owners are also expected to be announced very soon.
Sept 28 (Reuters) - PetroChina Co Ltd: * SAYS UNIT PLANS TO INVEST $3.46 BILLION IN CANADA'S LNG PROJECT Source text in Chinese: https://bit.ly/2NNLv3W Further company coverage: (Reporting by Hong Kong ...
Two of Royal Dutch Shell Plc’s Asian partners in a liquefied natural gas venture in western Canada approved their share of the investment, pushing the multibillion-dollar development one step closer to a final approval. The board of PetroChina Co., the nation’s largest oil and gas company, approved its $3.46 billion share of the LNG Canada project, the company said in a filing to the Hong Kong stock exchange Friday. Korea Gas Corp. made a similar announcement in Seoul about its stake.
PetroChina (PTR) 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.
In the previous part, we saw that Suncor (SU) stock has declined 3% in the current quarter. Now, let’s look at Suncor’s moving average trend in the current quarter. First, we’ll briefly review how moving averages trended in 2018.
In the previous part, we discussed the institutional holdings in Royal Dutch Shell (RDS.A). Now, we’ll discuss the short interest in Shell.
Since July 2, the implied volatility in Royal Dutch Shell (RDS.A) has fallen by three percentage points to the current level of 17%. During the same period, Shell stock has declined 7%.
In the previous part, we discussed Royal Dutch Shell’s (RDS.A) stock performance, which has fallen 7% in the third quarter. Now, we’ll discuss Shell’s moving average trend in the current quarter. We’ll also discuss the company’s moving averages in the first and second quarter.
Royal Dutch Shell (RDS.A) stock has fallen 7% in the third quarter due to lower oil prices. WTI, the benchmark oil, has fallen 6% in the third quarter. However, the markets have risen. The SPDR S&P 500 ETF, which is a broader market indicator, has increased 6% in the third quarter.
Could China’s oil and gas industry be on the brink of a revolution? The introduction of drill-it-or-lose-it rules and a possible extension of subsidies for unconventional gas output could end up dismembering sprawling industry leader PetroChina Co. and creating a new sector of independent upstream producers like those that have transformed the U.S. energy industry over the past decade, according to Laban Yu, a Hong Kong-based analyst at Jefferies LLC. China overtook the U.S. as the world’s largest importer of crude last year, a headache for a country that’s long fretted about its dependence on imported raw materials.