|Bid||82.13 x 1100|
|Ask||82.15 x 1800|
|Day's Range||81.52 - 82.22|
|52 Week Range||72.16 - 89.30|
|PE Ratio (TTM)||17.74|
|Forward Dividend & Yield||3.28 (4.22%)|
|1y Target Est||N/A|
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?