Previous Close | 103.41 |
Open | 101.47 |
Bid | 101.72 x 900 |
Ask | 101.74 x 1000 |
Day's Range | 100.92 - 102.38 |
52 Week Range | 79.29 - 119.63 |
Volume | |
Avg. Volume | 16,985,333 |
Market Cap | 416.624B |
Beta (5Y Monthly) | 1.08 |
PE Ratio (TTM) | 7.65 |
EPS (TTM) | 13.38 |
Earnings Date | Apr 27, 2023 - May 01, 2023 |
Forward Dividend & Yield | 3.64 (3.55%) |
Ex-Dividend Date | Feb 13, 2023 |
1y Target Est | 127.50 |
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Chad is nationalizing all assets from multinational oil giant Exxon Mobil, including its hydrocarbon and exploration permits, said the government. The nationalization of a private company means that all assets are now owned by the government.
Savannah Energy Plc said on Friday it planned to pursue all its legal rights to contest Chad's move a day earlier to nationalise its upstream assets in the African country. In December, Exxon Mobil closed the sale of its operations in Chad and Cameroon to Africa-focussed oil and gas producer Savannah in a $407 million deal, but the Chadian government challenged the agreement. London-listed Savannah owns a 40% interest in the Doba Oil Project in Chad, comprising seven producing oilfields with combined output of 28,000 barrels per day (bpd).
Exxon Mobil (XOM) closed at $103.41 in the latest trading session, marking a -1.13% move from the prior day.