|Bid||2,100.00 x 216300|
|Ask||2,145.00 x 249300|
|Day's Range||2,115.50 - 2,132.50|
|52 Week Range||1,791.00 - 2,295.50|
|PE Ratio (TTM)||-6,921.82|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
At the beginning of the year, CVX's and RDS.A’s 50-day moving averages fell but stayed above their 200-day moving averages.
The management team wants the company to focus on long-term returns, which means investing in different types of projects.
Woodside Petroleum reported a 49 percent jump in half-year profit on Wednesday, buoyed by higher oil prices and lower costs, and said it was making progress on plans to develop its gas assets off Western Australia. Australia's biggest independent oil and gas producer said it has a war chest of $2.6 billion in cash and untapped credit to develop stakes in the Scarborough and Browse fields off Western Australia, expand its Pluto liquefied natural gas (LNG) project and develop prospects in Myanmar and Senegal.