73.78 +0.29 (0.39%)
Pre-Market: 5:35AM EDT
|Bid||73.45 x 400|
|Ask||74.29 x 500|
|Day's Range||73.39 - 74.70|
|52 Week Range||73.39 - 89.30|
|PE Ratio (TTM)||15.87|
|Forward Dividend & Yield||3.08 (4.10%)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
(Reuters) - Oil major Royal Dutch Shell (RDSa.L) on Friday agreed to sell its entire stake in Iraq's West Qurna 1 oilfield to Japan's Itochu Corp for $406 million (287.56 million pounds). The deal comes ...
A toxic onslaught from the nation's petrochemical hub was largely overshadowed by the record-shattering deluge of Hurricane Harvey as residents and first responders struggled to save lives and property. ...
BP’s (BP) cash flow from operations rose 77% YoY (year-over-year) to $18.9 billion in 2017. BP’s cash outflow from investing stood at $14.1 billion in 2017—compared to $14.8 billion in investing outflows in 2016. The company’s cash outflow from financing in 2017 was almost the same as $2.8 billion in 2016.
BP (BP) will likely witness higher production in 2018 with the launch of seven mega projects in 2017. BP expects a few of the critical upstream projects to start production in 2018—Giza and Fayoum in Egypt, Shah Deniz Stage 2 in Azerbaijan, Clair Ridge in the North Sea, and Constellation in the US Gulf of Mexico. Of the projects expected to start in 2018, the biggest field is Shah Deniz Stage 2.
Companies cite complexity, cost, and litigation risk as reasons for not engaging in integrated reporting. The fact that a decent integrated report could be prepared for ExxonMobil in 40 hours using documents placed by the company in the public domain challenges this view.
A Chevron attorney said in court on Wednesday that the company supports scientific conclusions that humans are causing climate change, a response to a lawsuit that accuses five major energy producers of misleading the public for years about their role in global warming. At a hearing in San Francisco federal court, Chevron attorney Theodore Boutrous also said that the scientific consensus about greenhouse gas emissions did not fully form until the past decade.
Those states in the Northeast aren’t blue for the reason you probably think they are. Same with the red shade dominating the “flyover states.” No, this isn’t a political map at all.
Royal Dutch Shell (RDS.A) decided to end its association in New Zealand by selling its business for $578 million, while Norway-based Statoil (STO) plans to change its name to Equinor.