|Bid||53.90 x 800|
|Ask||53.94 x 800|
|Day's Range||53.58 - 54.05|
|52 Week Range||49.70 - 65.69|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||12.17|
|Forward Dividend & Yield||0.11 (0.22%)|
|1y Target Est||72.00|
However, if Occidental Petroleum's acquisition of Anadarko closes, the Mozambique assets are among those that will be sold to Paris-based Total.
Germany will award to three consortiums 1 billion euros ($1.12 billion) in funding it earmarked last year to support domestic battery cell production, Economy Minister Peter Altmaier told Reuters, part of a bid to cut carmakers' reliance on Asian supply. Securing a regional supply chain for electric vehicles (EVs) would help Germany achieve European Union goals to lower carbon emissions and cut fossil fuel consumption.
Total stock has lost 0.8% in the past month, underperforming the SPDR S&P 500 ETF (SPY). The ETF has gained 3.0% in the same period. In the past month, the fall in Total stock has impacted its 30 DMA, which declined 4.0%.
The deal is expected to trigger an open offer to public shareholders of Adani Gas, and Total may end up having a roughly equal stake in the company as billionaire promoter Gautam Adani, the report said. Adani Gas, an arm of Adani Group, operates a distribution pipeline network of over 6,000 km and caters to nearly 350,000 retail customers, the report said. Total and Adani Gas were not immediately available for comment.
The divestment of non-core assets in the southern Midland Basin is in sync with Callon Petroleum's (CPE) deleveraging targets.
Which Integrated Energy Companies' Earnings Could Jump in 2019?(Continued from Prior Part)Total’s growth estimateWall Street analysts estimate Total’s (TOT) earnings to rise in 2019. Total is a French integrated energy company with exploration
Let's rank integrated energy stocks based on their estimated earnings growth. We'll also assess their valuations and dividend yields.
Marking a major victory for the Bolsonaro government and Petrobras (PBR), the court rules that state-held companies do not require congressional approval to jettison their subsidiaries.
Total SA subsidiary Total Raffinerie Mitteldeutschland GMBH has halted operations of some units at its 241,000-b/d Leuna refinery in Germany following contamination issues resulting from supplies of Russian crude oil volumes.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Valero Energy, Chevron, Exxon Mobil and TOTAL
European stocks were on course to notch their best weekly performance in two months on Friday as a jump in shares of French pharma giant Sanofi added to the positive mood created by expectations of more moves by central banks to stir growth. France's CAC 40 outperformed its peers with a 1.2% rise, helped by a 4.5% jump in Sanofi after the company appointed Swiss rival Novartis' executive Paul Hudson as its new boss.
European stocks were in recovery mode on Friday after a cautious message from the European Central Bank hit investors' appetite for risk in the previous session, with traders eyeing a U.S. jobs report and U.S. trade tussles with Mexico for fresh direction. Automakers climbed on a report that U.S. President Donald Trump could delay the tariffs he had threatened to put on Mexican goods as soon as this coming Monday, while French drugmaker Sanofi gained on its appointment of a new chief executive. France's CAC 40 outperformed its euro-peers with a 0.9%, helped by French pharma giant Sanofi.
Papua New Guinea Prime Minister James Marape installed a reformer as petroleum minister on Friday, handing him a mandate to overhaul the sector and warning investors to "pack up and leave" if they did not like it. Announcing his ministries in the capital of Port Moresby, Marape said Petroleum Minister Kerenga Kua - brought in from the opposition - shared his vision for raising more revenue from the resources sector.
There are reasons for energy investors to get concerned as the probable tariff could hurt domestic refiners in two ways.