|Bid||119.99 x 1000|
|Ask||172.00 x 100|
|Day's Range||150.94 - 153.29|
|52 Week Range||125.46 - 199.83|
|PE Ratio (TTM)||153.60|
|Forward Dividend & Yield||0.08 (0.06%)|
|1y Target Est||N/A|
Zacks Market Edge Highlights: Exxon Mobil, Chevron, Pioneer Natural Resources, Halliburton and RPC
As of November 10, 2017, Marathon Oil (MRO) had an implied volatility of ~36.7%, which is higher than its implied volatility of ~33% at the end of 3Q17.
Stock indices are way up, but some companies have been left behind. By Phil van Doorn.
In 3Q17, OXY reported an adjusted profit of $0.18 per share. The Wall Street analyst consensus was for a profit of $0.11 per share.
Southwestern Energy (SWN) announced its 3Q17 earnings on October 26, 2017, after the market closed. It reported a lower profit of ~$29 million in 3Q17.
Pioneer Natural Resources Co , one of the largest oil producers in the Permian Basin of West Texas and New Mexico, posted a better-than-expected adjusted profit on Wednesday, helped by rising commodity prices. Pioneer, like many of its U.S. shale peers, forecast rising production for the rest of the year as improving technology lowers operating costs. The company boosted its 2017 capital budget by 2 percent to $2.75 billion to add two drilling rigs in the Permian.
The Irving, Texas-based company said it had a loss of 13 cents per share. Earnings, adjusted for non-recurring costs, came to 48 cents per share. The results surpassed Wall Street expectations. The average ...
ConocoPhillips (COP) announced its 3Q17 earnings on October 26. COP reported a better-than-expected profit of ~$198.0 million in 3Q17.
The shale driller's stock cratered after it watered down its full-year guidance last quarter.
As of October 26, 2017, around 87.2% of analysts covering Pioneer Natural Resources (PXD) have “strong buy” or “buy” recommendations on the stock.
So far, for the energy sector components enlisted on the S&P 500 index, total Q3 earnings grew 253.9% on 33.5% higher revenues.
Pioneer Natural (PXD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Wall Street analysts expect Pioneer Natural Resources (PXD) to report year-over-year higher cash flow of ~$491 million in 3Q17 compared to ~$441 million in 3Q16.
Shale companies have focused on output growth but now sentiment is swinging the other way and investors will be looking for firms to spend within cash flow.
Even though Pioneer Natural Resources (PXD) is set to announce its 3Q17 financial results on November 1, 2017, it announced operational results earlier on October 12, 2017.
Nov.14 -- Bloomberg's Alix Steel profiles the main players in the U.S. shale revolution, including Harold Hamm, Continental Resources chairman and CEO, and Scott Sheffield, chairman of Pioneer Natural Resources. Back in the '90s oil suffered a major crash and drilling was considered a money pit but Hamm took a massive risk to discover the country's next big oil fields.