|Bid||71.95 x 1400|
|Ask||71.96 x 800|
|Day's Range||71.31 - 72.07|
|52 Week Range||64.65 - 89.30|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||13.25|
|Earnings Date||Feb 1, 2019|
|Forward Dividend & Yield||3.28 (4.55%)|
|1y Target Est||84.09|
Crude oil prices veered higher and lower Wednesday after data showed a surprisingly sharp divergence in domestic supplies.
In this daily bar chart of XOM, below, we can see a relatively sharp price decline from early October to the end of December. The OBV line remains steady in October and November and only in December does it move lower. In this weekly bar chart of XOM, below, we can see a long decline.
Is the Sharp Rise in Natural Gas Sustainable?Natural gasOn January 15, natural gas February futures fell 2.5% and settled at $3.50 per million British thermal units. On January 16, at 7:37 AM EST, natural gas prices have risen by 1.7 cents from the
Equinor (EQNR) receives exploration licenses in the Norwegian Continental Shelf, discovers gas in Ragnfrid North well and plans to boost Gullfaks Field oil recovery.
German chemicals company BASF SE said Wednesday it has co-founded a global alliance of nearly 30 companies to work on ways to eliminate plastic waste in the environment. The company said the alliance has committed more than $1 billion to the project and aims to invest $1.5 billion in the next five years. BASF Chief Technology Officer Dr. Martin Brudermueller said the company wants to help drive the effort to solve the waste problem, but also to ensure that the benefits of plastics such as convenience are not offset by the waste created when they are not disposed of or recycled in a responsible way. Data from the Ocean Conservancy shows that plastic in the oceans is mostly coming from litter on land and can be traced to ten major rivers, mostly in Asia and Africa. Many flow through regions that are densely populated but with inadequate waste collection and recycling infrastructure. The alliance will help fund projects to promote recycling, educate governments and communities and clean up areas of waste concentration. Other companies in the alliance include Chevron Phillips Chemical Company , ExxonMobil , Mitsui Chemicals and Total.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said that instead of Newmont Mining Corp (NYSE: NEM ), he would buy Barrick Gold Corp (NYSE: GOLD ). Cramer would stay away from U.S. Silica ...
Will Shell’s Q4 Earnings Meet Analysts’ Expectations?(Continued from Prior Part)Shell’s returnsSince December 10, 2018, Royal Dutch Shell (RDS.A) stock has risen. In this article, we’ll compare Shell’s returns to those of the SPDR S&P
Will Amazon (NASDAQ:AMZN) split its stock? Between the high nominal stock price and its climb to the world's biggest market cap, this becomes a natural question for AMZN stock. Previous market cap leaders, such as Exxon (NYSE:XOM) and Microsoft (NASDAQ:MSFT), often split their stocks once they rose above a certain level. However, in today's world, nominal share prices hold less relevance, except in some respects to the Dow Jones Industrial Average. In a world where investors care little about whether a stock trades at $20 a share or $2,000, an Amazon stock split isn't likely. ### Alexa, When Did Amazon Stock Split? Though few may remember, AMZN stock split three times in its early days. The shares rose quickly following its 1997 IPO. Believing lower-priced stocks would see better liquidity, Jeff Bezos didn't hesitate to split the stock. Amazon stock touched $100 per share in early 1998 and the shares split 2:1 the following June. A few months later -- and many dollars higher -- AMZN stock owners got three shares for each one they were holding. Rinse, repeat… and September 1999 saw another 2:1 split. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Growth Stocks With the Future Written All Over Them Then, the dot-com bubble went bust. By early 2001, AMZN stock fell below $10 per share. It would not recover its 1999 high until 2009. While the stock may have come back, Mr. Bezos's love for stock splits did not. ### Little Need for a Split Now Attitudes have shifted since 1999. Today, stocks with four-figure nominal share prices still attract investors. For this reason, only one reason exists to split this stock -- a move into the Dow Jones Index. The Dow exists as a weighted index. Hence, Amazon at its current price would wield a disproportionate influence on the gauge. The only way Amazon will move onto that index is through a stock split. I don't they'll do it. With Microsoft, Apple (NASDAQ:AAPL), and Cisco (NASDAQ:CSCO) already on the index, the tech industry already has good representation. As well, splits change nothing fundamental. After a 2:1 split, the price cuts in half, but with twice the number of shares available. So, no change in the market cap. And with changes in the rules regarding partial shares, small investors are able to buy a fraction of a share eliminating the need for companies to keep nominal share prices low. ### Dow Membership Not Much of a Motivator Moreover, investors should ask if the Dow remains relevant. The public still looks at it because they always have. However, professionals tend to look more to the S&P 500 index. Also, only three of the world's 10 largest market caps are currently Dow components. Tencent (OTCMKTS:TCEHY) doesn't trade on a major American index at all. Others, such as Warren Buffett's Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), refuse to split their shares to match Dow standards. In a concession to shareholders, Buffett allowed a 50:1 split on the B shares in 2010. The A shares remain untouched. He holds to this maxim despite the nearly $300,000 price tag for a single BRK.A share. Alphabet (NASDAQ:GOOGL) has also avoided splits, except to divide shares into voting (GOOGL) and non-voting (GOOG) blocs. Amazon has shown similar attitudes toward stock splits in recent years. Both Berkshire and Alphabet seem to care little about becoming Dow stocks. I think Amazon feels the same. ### Bottom Line on an Amazon Stock Split No factors appear compelling enough to answer "Yes" to the question "Will Amazon stock split?". Once happy to do it -- until the effects of the dot-com bust took AMZN stock below $10 per share -- the company spent years recovering, and now, massive growth has given Amazon the largest market cap in the world. * 5 Dow Jones Stocks to Sell Before Things Get Uglier However, it's a world that's changed. People care less about stock prices, and small investors can purchase fractions of shares. The Dow's importance is up for debate. calling into question the one remaining motivation for a stock split. Still popular, it's no longer the gauge all of the most-important stocks. In 1919, or even in 1999, an AMZN might have willingly split the stock to join this index. However, in 2019, Charles Dow's gauge seems much less relevant. Despite successes, Amazon stock faces a high valuation and formidable rivals. Given these challenges, I believe Bezos will continue to focus on the business rather than the company's potential place on an antiquated stock index. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post Why Investors Should Not Expect An Amazon Stock Split appeared first on InvestorPlace.
Jim Cramer rattles off his responses to callers' stock questions, including one tied to a sector he's trying to avoid.
Kinder Morgan (NYSE:KMI) reports its fourth-quarter results Jan. 16 after the markets close. Kinder Morgan's report was a mixed bag with earnings 5% higher than what analysts were expecting but revenues 3% less than the consensus estimate. Heading into Wednesday's results, owners of KMI stock are hoping it can deliver another earnings surprise. But will it? Analysts expect Kinder Morgan to deliver earnings of 25 cents on $3.9 billion in revenue. If KMI hits the consensus, it will have increased earnings and revenues by 19% and 8% year-over-year, respectively. That's the good news if you own KMI stock. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Too Much Debt The bad news is that Kinder Morgan continues to carry a whole lot of debt despite reaping a $1.3 billion after-tax profit from selling its Trans Mountain pipeline assets to the Canadian federal government in September for CAD$4.5 billion. While the sale extricates Kinder Morgan from a situation that would have cost it billions and taken an eternity to build, it does reduce the company's cash flow. * 10 Growth Stocks With the Future Written All Over Them However, the company's 70%-owned Canadian subsidiary, Kinder Morgan Canada (OTCMKTS:KMLGD), returned $11.40 in capital per restricted voting share in January, which should provide the parent with almost CAD$2.8 in proceeds to reduce its debt. Also, Kinder Morgan Canada is moving to sell its remaining Canadian assets at a time when seller's are getting reasonable prices, so that too should bring down the parent's debt by the end of fiscal 2019. "On the KML assets, we think they're great assets," said Kinder Morgan CEO Steve Kean in October. "We think that asset packages like this are rare, anywhere, but they're rare to come to market and they're rare to come to market in Western Canada, so we do think that it tends to be a bit of seller's market for these assets." Kinder Morgan's debt repayment from the Trans Mountain sale will come in Q1 2019. At the end of the third quarter, the company had total debt of $37 billion or almost its entire market cap. By comparison, Exxon Mobil (NYSE:XOM) had $41.2 billion in total debt at the end of the third quarter, 14% of its entire market cap. It's incumbent upon the company and CEO Kean to provide a complete discussion about its plans for deleveraging. If it's not entirely candid about this necessary piece of the ongoing Kinder Morgan turnaround, KMI stock could take a real hit in the days and weeks following its Q4 earnings announcement. ### Kinder Morgan's Plans for 2019 In December, Kinder Morgan laid out its expectations for the year ahead. The company expects to generate $5 billion in distributable cash flow ($2.20 a share), 10% higher than in 2018. Despite selling Trans Mountain, it still sees a 4% increase in adjusted EBITDA to $7.8 billion despite not having the Trans Mountain assets generating cash flow. * 7 Media Stocks That Make Prime M&A Targets By the end of 2019, it expects to have a net debt-to-adjusted EBITDA ratio of 4.5. Given it only made these comments a little over a month ago, I wouldn't expect much of a change on this front. ### The Bottom Line on KMI Stock Heading into the last two weeks of January, Goldman Sachs considers Kinder Morgan stock to be the best buy among midstream energy stocks, which it sees having a good year on the markets thanks to all the new projects coming online combined with higher volumes. It's likely just business as usual when Kinder Morgan reports its Q4 report. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post Kinder Morgan's Q4 2018 Earnings Should Set the Table for a Strong 2019 appeared first on InvestorPlace.
Chesapeake Energy (NYSE:CHK) announced last week that it was dialing back its active rig count, from 18 to what should be an average of 14 for 2019. The scaled-back capacity is largely in response to falling gas and oil prices, which have badly hurt CHK stock. With no certainty as to when prices might rebound, most energy companies are rightfully becoming pickier about which assets to continue operating. On the surface, the decision by CHK to cut its rig count is a step in the wrong direction; fewer rigs means less production, only exacerbating the revenue headwind caused by weaker commodities prices. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Dividend Stocks With Growth on the Horizon However, there's a reason why CHK stock jumped on the news. Ultimately, Chesapeake Energy stock is moving closer to a recovery from a big pullback that it suffered late last year. CHK stock is in that position because years of its streamlining work are starting to bear fruit in a big way. ### Reconfiguring The 2014 implosion of oil prices -- and to a lesser degree, natural gas prices -- indiscriminately hammered the energy sector. From giants like Exxon Mobil (NYSE:XOM) to the smallest, nimblest names like Helmerich & Payne (NYSE:HP), all were sent scurrying by a meltdown none of them saw coming. There was nowhere and no way to hide. CHK was no exception. At least in one regard, however, the beating oil prices and energy stocks took set the stage for a long-overdue, positive outcome. That is, nearly all of the companies in the sector took steps to become more operationally efficient and to use their capital more effectively. Not all of these companies regrouped as well as others, however. Broadly speaking, CHK improved itself more than most of its competitors. Much of its restructuring centered around the sale of natural gas properties in Ohio's Utica basin. The $2 billion in proceeds from that transaction were used to pay down what was then well over $9 billion in debt. In early 2018, CHK sold properties in Oklahoma for a more modest $500 million. In early 2016, it shed $700 million worth of assets. The company's shrinking pile of debt has undoubtedly given CHK the breathing room it needs to address new opportunities. ### Quality Over Quantity But CHK CEO Doug Lawler isn't merely shrinking his way to better viability. Instead, Lawler is looking to aggregate a network of properties that he knows the company can operate cost-effectively. Sometimes that means selling, but sometimes it means buying. That efficiency is measurably taking shape. The company's preliminary fourth-quarter results and 2019 outlook, which were posted last week, included this statement: "We expect our capital efficiency to improve in 2019 as total net capital per rig line is projected to decrease by 15 to 20 percent compared to 2018." The location of the company's assets has a great deal to do with that progress. CHK is increasingly focused on its Eagle Ford assets, which delivers the highest profit margins among the company's properties. The pricing of crude around the nearby Gulf Coast is above the industry average, and the company doesn't intend to lower its rig count in that area. Indeed, the upcoming acquisition of WildHorse Resources (NYSE:WRD) will add to its fruitful Eagle Ford exposure. CHK plans to devote four rigs to the assets it's getting from WildHorse. ### The Outlook of CHK Stock At the end of the preliminary Q4 report, Lawler stated,"The improvement in our capital efficiency, along with our focus on our high-margin oil investments, should result in higher operating cash flow and stronger margins in 2019 compared to 2018." To that end, approximately 16 million barrels of its 2019 oil production is hedged at $58.61, versus the current market price of less than $52 per barrel. Granted, most energy outfits are becoming more cost-effective through streamlining, reorganizing and hedging, and CHK is still not where it ultimately aims to be, from an operational standpoint. Asset sales never quite generate as much money as forecast, and acquisitions like WildHorse Resources are never quite as cheap as hoped. But nevertheless, Chesapeake Energy stock is coming out of its fourth-quarter funk, as investors increasingly understand the overhaul that Lawler is putting in place is a slow, painstaking process that's worth the wait. That said, CHK stock is still well-positioned to deliver quick, outsized gains if oil and gas prices end up ripping higher from here. That's a distinct possibility, too, with OPEC rumored to be mulling a production cut to buoy recently-depressed prices. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post Chesapeake Energy Stock Remains a "Best-of-Breed" Pick appeared first on InvestorPlace.
# Exxon Mobil Corp ### NYSE:XOM View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for XOM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting XOM. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $16.73 billion over the last one-month into ETFs that hold XOM are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. XOM credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Despite collapsing global automobile sales, electric vehicles are flying off the shelves, and car makers are finally starting to see their true potential
If you're like many investors looking for safer stocks while the market cools down, these are three excellent dividend stocks with yields dwarfing Exxon Mobil's.
rude oil prices fell Monday on weak Chinese economic data, despite OPEC reassurances that global demand is strong and its production cuts are working.
The Permian Basin once played host to the cowboys of the oil world, independent prospectors hoping to strike it rich, but now supermajors have moved in and the region is evolving
Where we were: Chevron (ticker: CVX) had a painful 2018, and the shares are off more than 15% in the past 12 months. Where we’re headed: Chevron has plenty to recommend it, but HSBC worries that much of the good news is already priced into the shares. For a brief moment at the start of 2018, it seemed like Chevron and oil prices were bound for better days.
Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach's CEO said on Monday. "We are very optimistic and things are moving in the right direction so we will conclude with Exxon and have our trade JV," Abdelmoumen Ould Kaddour told reporters. Sonatrach has previously said it wanted a shale gas cooperation with the U.S. major.
Jim Cramer rattles off his responses to callers' stock questions, including one tied to a sector he's trying to avoid.