|Bid||101.72 x 900|
|Ask||101.74 x 1000|
|Day's Range||100.92 - 102.38|
|52 Week Range||79.29 - 119.63|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||7.65|
|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.