81.71 +0.07 (0.09%)
After hours: 7:24PM EDT
|Bid||81.65 x 900|
|Ask||81.75 x 800|
|Day's Range||81.35 - 82.65|
|52 Week Range||72.16 - 89.30|
|PE Ratio (TTM)||17.63|
|Forward Dividend & Yield||3.28 (3.99%)|
|1y Target Est||N/A|
Chevron’s (CVX) net debt-to-adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) ratio was 1.3x in the first quarter, below the average industry ratio of 1.6x. The industry average takes into account 13 integrated energy companies worldwide. Another parameter used to compare debt is the total debt-to-total capital ratio. In the first quarter, CVX’s total debt-to-total capital ratio was 21%, again below the industry average of 33%.
The tiny, impoverished nation of Papua New Guinea came out on the short end of a $19 billion development with Exxon Mobil Corp. to build one of Asia-Pacific’s biggest energy projects. By most accounts, the liquefied natural gas business that Exxon and partners built from scratch is an engineering and commercial success. The PNG LNG venture, which started operating in 2014, is delivering more fuel than expected to Asian economic giants Japan and China.
Could Chevron Be Positioned for Growth? CVX’s cash outflow from investing rose to $2.9 billion from $1.5 billion. Its cash outflow from financing stood at $0.6 billion due to net debt inflow. In the first quarter, Chevron generated $5.0 billion in cash from operations but had a cash outflow of $3.0 billion in the form of capital expenditure and $2.1 billion in the form of dividends, totaling $5.1 billion of cash outflow and resulting in a $0.1 billion cash flow difference.
As with any revolutionary technology, it’s easy to make a long list of both the pros and cons of bitcoin. Bitcoin and other cryptocurrencies have already produced an untold number of millionaires. At this time, however, the balance of bitcoin’s pros and cons favors the downside.
How Are XOM, CVX, Shell, and BP Trending in Q2 2018? Previously, we reviewed the changes in integrated energy stocks’ short interest. In this article, we’ll compare the forward valuations of integrated energy stocks ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP).
In the previous article, we analyzed institutional holdings in integrated energy stocks. In this article, we’ll consider changes in short interest.
MEXICO CITY—The world’s largest energy companies are placing enormous bets on Latin America, a region rich with oil that many avoided in the past due to restrictive economic policies and the threat of resource nationalism. Exxon Mobil Corp., Royal Dutch Shell PLC and others have flocked to offshore auctions in Mexico and Brazil, fracking prospects in Argentina and big discoveries in the small nation of Guyana. The wave of interest comes as several countries, including the region’s two largest economies, Brazil and Mexico, have liberalized their energy markets in a bid to offset declining oil production or fiscal constraints.
Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator. In the past three years, the segment’s second-quarter revenue has remained flat, but its revenue growth in this quarter has been a welcome development for Deere. The segment’s revenue growth was primarily driven by higher shipment volumes.
Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is news of a cheaper HomePod on the way. Today, we’ll look at that and other Apple Rumors for Monday.Source: Apple
In 1998, IBM was the biggest American tech company by revenue. Now, some 20 years later, it’s not even among the top 30 companies in the Fortune 500. Today, Fortune released its annual Fortune 500, a list of the 500 largest American companies by sales. Together, the Fortune 500 firms represent more than $1 trillion…
Dow stocks Apple, Exxon Mobil, Chevron and General Electric are trading well above their 50-day moving averages. They have something else in common – one technician sees more upside for each.
Institutional ownership in ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) stands at various levels ranging from 12% to 67%.
Oil is on fire, in the best possible way. Goldman Sachs Group Inc. (NYSE:GS) is telling investors to “buy, buy, buy,” like the black stuff is bitcoin and it’s 2016. OPEC has no incentive to keep production high, shale oil growth is being constrained by a pipeline shortage, and problems in getting oil out of hotspots like Iran, Venezuela and Libya will remain difficult. This oil boom is not like the boom that came early in the decade.
A report from the International Energy Agency in March said output in the Permian is projected to double by 2023.
ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) have paid dividends regularly in the past few years. Before we look at their dividend yield trends, let’s look at their dividend payments in the second quarter.
The numbers are in and Walmart Inc. The mega-retailer topped the Fortune 500 list for the 14th time in the ranking's history last year. The Fortune 500, now in its 64th year, is an annual list of the largest corporations in the U.S. ranked by revenue for fiscal 2017.
ExxonMobil's (XOM) decision to expand south into Puebla and further west into Coahuila will grant the company access to Mexico City and Monterrey areas.
Energy stocks’ implied volatilities have declined in the second quarter. Chevron (CVX) saw the highest fall in its implied volatility compared to peers BP (BP), ExxonMobil (XOM), and Royal Dutch Shell (RDS.A).
Ghana sees the country’s state-owned gas-station operator as the leading bidder to partner Exxon Mobil Corp. to explore for crude at an offshore field, according to two people familiar with the matter. Exxon was awarded exploration and production rights for the Deepwater Cape Three Points block in January and must choose a local partner for a 5 percent stake before the permit will be ratified by parliament. While Irving, Texas-based Exxon has the prerogative to award the holding, Ghana’s petroleum sector regulator and the Energy Ministry view Ghana Oil Co. as the most appropriate candidate because it can access capital through the state-owned money manager, the Social Security and National Insurance Trust, said the people, who asked not to be identified because they’re not authorized to speak publicly about the matter.
ConocoPhillips has been hiking its dividend, but there are higher yielding stocks out there with better dividend records.
Exxon is ratcheting up spending while peers are being more cautious. Can it afford the cost and cover its dividend?