|Bid||76.26 x 900|
|Ask||76.27 x 1300|
|Day's Range||75.93 - 76.46|
|52 Week Range||64.65 - 87.36|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||17.57|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||3.48 (4.33%)|
|1y Target Est||85.03|
Here Are Wall Street Analysts' Top Integrated Energy Picks(Continued from Prior Part)Analyst ratings for ShellRoyal Dutch Shell (RDS.A) has the third-highest percentage of “buy” ratings among the six integrated energy stocks (ExxonMobil,
Hopes for a speedy resumption of oil exports from Russia to Poland and Germany along the Druzhba pipeline route are fading after plans to remove dirty oil from the pipeline had a major setback last week, three trading sources said. Russia halted oil flows along the pipeline to Eastern Europe and Germany in April because of contaminated crude, leaving refiners in Europe scrambling to find supplies. Under the restart plan, Total was due to take the lion's share of the dirty oil into its Leuna refinery in Germany to dilute and process it there, sources said.
Here Are Wall Street Analysts' Top Integrated Energy Picks(Continued from Prior Part)ExxonMobil ranks lastIn this part, we’ll examine analyst ratings for ExxonMobil (XOM), which occupies the last slot among the integrated energy companies we’re
Here Are Wall Street Analysts' Top Integrated Energy Picks(Continued from Prior Part)BP stands in bottom twoBP (BP) is one of the two integrated energy stocks that has less than 60% “buy” ratings. ExxonMobil (XOM) is in the same boat with 23% of
Facebook (NASDAQ:FB) stock is allegedly having a tough time recruiting people to come work at the company. That's a good thing if you own FB stock. I'll explain why.But first, a little backstory.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCNBC recently reported that it's spoken with more than half a dozen recruiters who've left Facebook in 2019 about the difficult questions potential job applicants are asking the company. It seems no one wants to work for a company that cares very little about people's privacy.According to these recruiters, job acceptance rates at Facebook have plummeted since the Cambridge Analytica scandal broke in March 2018.Can you blame someone for having second thoughts about working at the company? An Opportunity for Change for FB StockGoing to work at Facebook if privacy is sacrosanct to your beliefs is like an animal lover going to work at Canada Goose (NYSE:GOOS) or an environmentalist taking a job at Exxon Mobil (NYSE:XOM). * 7 High-Yield REITs to Buy (Even When the Market Tanks) Betray people's trust and you are going to get put under the microscope.However, owners of FB stock shouldn't view the alleged inability of Facebook to attract the best talent as a problem. Instead, they ought to see this as an opportunity for the company to chart a new course. This new trajectory should lead to even higher acceptance rates than is historically its norm.The recruiters who CNBC spoke to suggest that the acceptance rates from job offers to new grads at top schools such as Stanford and Carnegie Mellon have fallen from 85% before the scandal to between 35% and 55% after.Software engineers, the backbone for every tech company, have seen acceptance rates drop approximately 40% in 2019.Naturally, Facebook's trying to spin this in the most positive way possible. All's Good at Facebook, So They SaySpokesperson Anthony Harrison says the company's headcount in the first quarter of 2019 increased 36% year-over-year. Facebook is hiring like the dickens. Furthermore, the recruiters' figures are inaccurate, Harrison suggests."Facebook regularly ranks high on industry lists of most attractive employers," Harrison said in a statement. "For example, in the last year we were rated as 1 on Indeed's Top Rated Workplaces, 2 on LinkedIn's Top Companies, and 7 on Glassdoor's Best Places to Work."Now, if you own Facebook stock, I would be concerned about Harrison's take on the matter. His comments appear to show minimal comprehension or sensitivity to the fact that prospective employees are worried about the level of trust between themselves and their future employer.As a shareholder, wouldn't you want job candidates to ask Facebook's management team tough questions? Especially since privacy issues have plagued the company and the FB stock price.I sure would."The biggest thing that impacted people at Facebook is that we found out information at the same time as the general public did," one recruiter who left recently said. "It was like, 'Wait, shouldn't one of our leaders have told us about this first versus our parents or friends reaching out?' It was a shock."Kudos to CNBC for publishing this story.Facebook shareholders deserve to know that CEO Mark Zuckerberg and COO Sheryl Sandberg and the rest of its upper management haven't fully come to grips with the seriousness of the privacy issue.Furthermore, it appears by Harrison's comments that it hasn't adjusted its macro view of the world. It still thinks its poop doesn't stink.College grads might be burdened with a ton of debt. But they're wise enough to know when a situation isn't worth the trouble no matter the remuneration. The Bottom Line on FB StockIn February, I called FB stock a buy, arguing that although it had many problems, leadership wasn't one of them. These allegations, if true, bring my opinion squarely into question.The only thing that's going to get Facebook fully out of the doghouse among new grads is honesty and integrity: to the public, its advertisers, the government, its shareholders, and most importantly its employees.What doesn't kill you makes you stronger. The Facebook stock price can actually benefit from the underlying company receiving sharp scrutiny. However, this requires acknowledgement that the privacy scandals have negatively impacted recruitment. If you own FB stock, embrace management's feet being held over the fire. It's the only way a company's culture can change for the better. And change it must.I still think Facebook stock is a buy. However, I'll be following this story more closely to see if a leopard can change its spots.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Putting Facebook Under the Microscope Is Good News for FB Stock appeared first on InvestorPlace.
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Continental Resources
Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, trading sources said, upping the stakes in what the sources say is Russia's worst oil supply disruption. The French and Italian oil majors told their suppliers, including Russia's Rosneft and Surgut, that they would be ready to make payments when the extent of damages is clear and would pay for clean oil when supplies resume, the sources said. Total and Eni are big buyers of Russian oil and are still purchasing it via multiple routes besides Druzhba, which is a major pipeline from Russia to Central Europe and Germany.
ExxonMobil is holding its annual meeting of shareholders on Wednesday, May 29, 2019. Media access will only be provided to authorized representatives of commercial news organizations who register by Friday, May 24, 2019.
A major oil deal between Iraq and Exxon Mobil was "very close" but had been slowed by Exxon's decision on Saturday to evacuate its international staff from the West Qurna oil field, Iraq's Oil Minister Thamer Ghadhban said on Sunday. "But now they are out of the country, why should I run after them?" he said at an oil meeting in Jeddah. Iraqi oil officials say Exxon evacuated all of its foreign staff from the West Qurna 1 field on Friday and Saturday, about 60 people.
The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said. "The oil exploration well will be plugged and abandoned," said Ahmed Lak, spokesman for state-owned OGDC, part of the group behind the exploration led by Italy's Eni SpA which included Exxon Mobile Corp and Pakistan Petroleum Ltd. No comment was immediately available from Eni, which has operated the exploration licence under a deal signed in 2012.
“This withdrawal may send the wrong message about the situation in Iraq, and that’s something we reject,” Iraq’s Oil Minister Thamir Ghadhban said in a statement on Saturday. The minister sent a letter to Exxon officials seeking clarification about the decision and asking that the workers return to Iraq.
Exxon Mobil's decision to evacuate its foreign staff from the West Qurna 1 oilfield in southern Iraq on Saturday was "unacceptable and unjustified", Iraq's Oil Minister Thamer Ghadhban said on Sunday. "The withdrawal of multiple employees - despite their small number - temporarily has nothing to do with the security situation or threats in the oilfields in of southern Iraq, but it's for political reasons," Ghadhban said in a statement. Exxon Mobil, which has a long term contract to improve the oilfield on behalf of Iraq's state South Oil Company, withdrew all foreign staff, around 60 people, Iraqi officials have said.
The Iraqi military said that a “rocket fell in the middle of the Green Zone” — the area of central Baghdad which holds foreign embassies and government buildings. In a statement, the Iraqi military said the Katyusha rocket, a notoriously inaccurate explosive, caused no casualties.
The other day, the chief executive of a well known global company did something unusual. “It’s definitely true that right now every one of us should think hard about whether or not we need to take a flight,” said Virgin Group CEO, Josh Bayliss.
DUBAI, United Arab Emirates (AP) — The Latest on developments in the Persian Gulf region and elsewhere in the Mideast amid heightened tensions between the U.S. and Iran (all times local):
BASRA, Iraq/DUBAI (Reuters) - Exxon Mobil has evacuated all of its foreign staff, around 60 people, from Iraq's West Qurna 1 oilfield and is flying them out to Dubai, a senior Iraqi official and three other sources told Reuters on Saturday. The evacuation came just days after the United States withdrew non-essential staff from its embassy in Baghdad, citing a threat from neighboring Iran, which has close ties to Iraqi Shi'ite militia. Production at the oilfield was not affected by the evacuation and work is continuing normally, overseen by Iraqi engineers, said the chief of Iraq's state-owned South Oil Company which owns the oil field, Ihsan Abdul Jabbar.
BASRA, Iraq (Reuters) - Iraq's oil exports from its southern ports have reached 3.5 million barrels a day (bpd) crude oil as of Saturday, South Oil Company chief Ihsan Abdul Jabbar told Reuters. Exxon ...
Chevron just made a big acquisition attempt that didn't pan out, but Exxon is confident that it doesn't need to go down a similar path.
Crude inventories jumped by 5.4 million barrels in the week to May 10, compared with analyst expectations for a decrease of 1.4 million barrels, the EIA said in its report.
ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and human services and infrastructure improvements. “The Permian Basin is the engine of America’s energy renaissance and New Mexico residents will see direct economic benefits and opportunities from our planned investments,” said Darren W. Woods, chairman and chief executive officer of Exxon Mobil Corporation.