Previous close | 19.660 |
Open | 19.680 |
Bid | 19.220 x 0 |
Ask | 19.240 x 0 |
Day's range | 19.140 - 19.800 |
52-week range | 10.900 - 20.750 |
Volume | |
Avg. volume | 105,011,022 |
Market cap | 950.008B |
Beta (5Y monthly) | 0.86 |
PE ratio (TTM) | 6.34 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.32 (6.71%) |
Ex-dividend date | 13 Jun 2024 |
1y target est | N/A |
Chinese state-owned oil and gas giant CNOOC Ltd has discovered a new reserve in the South China Sea containing over 100 million tons of oil equivalent proved in-place, the company said in a statement on Friday. The reserve is located at CNOOC's deepwater Kaiping South oilfield in the Pearl River Delta near Guangdong province, and contains light crude, the statement said. CNOOC has invested heavily in developing China's offshore oil and gas reserves as part of a broader push to offset declining output from aging onshore fields.
Chevron (CVX) could be facing challenges from Exxon Mobil (XOM) and CNOOC Limited (0883.HK) in the oil producer's acquisition of Hess (HES). Exxon and CNOOC are considering demonstrating their preemptive rights to counter Chevron's offer and stake in Hess' drilling operations in Guyana. Yahoo Finance Senior Business Reporter Ines Ferré breaks down all the details For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Brazil hopes to join the OPEC+ group of oil-producing countries in January after a technical analysis of the charter for cooperation, the country's energy minister said on Thursday, although the nature of Brazil's participation remained unclear. President Luiz Inacio Lula da Silva's office confirmed receiving the invite during his trip to Saudi Arabia, but said he had not formally responded. The president's office and the Mines and Energy Ministry did not say whether Brazil would participate as an OPEC+ observer or as a full participant in the group's shared production quotas.