|Bid||76.14 x 800|
|Ask||76.16 x 1500|
|Day's Range||76.11 - 76.62|
|52 Week Range||76.05 - 93.22|
|PE Ratio (TTM)||31.81|
|Dividend & Yield||3.08 (4.02%)|
|1y Target Est||N/A|
Oil prices have now improved, leading to better cash flows for integrated energy companies.
Shares of France's international oil producer and refiner Total (TOT) slipped Monday after it said it would pay shipping giant A.P. Moller-Maersk $4.95 billion and assume $2.5 billion in debt for the Dutch company's oil-and-gas unit. The deal is the biggest for Total since 1999 and will give Total the chance to increase production in the North Sea, Bloomberg reports. Total recently announced a plan to invest $3.5 billion over five years in an offshore Qatar oilfield, and has invested in Brazil's deep-water oilfield projects.
Integrated energy companies have seen steep rises in their debt levels in the past few years due to oil price volatility.