|Bid||30.30 x 2900|
|Ask||30.31 x 3000|
|Day's range||30.19 - 30.45|
|52-week range||23.39 - 34.30|
|Beta (5Y monthly)||0.73|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||1.34 (4.53%)|
|Ex-dividend date||11 Aug 2022|
|1y target est||N/A|
The deal marks a continuation of BP's reshaping of its North American oil and gas operations, as it tries to cut its greenhouse gas emissions to appease investors. Cenovus said the Toledo refinery recently completed a major, once in five years turnaround, and the deal will bring company's total refining capacity to 740,000 barrels per day. "Fully owning the Toledo refinery provides a unique opportunity to further integrate our heavy oil production and refining capabilities," Alex Pourbaix, Cenovus's chief executive officer, said in a statement.
Higher oil equivalent production and increased commodity prices aid Centennial's (CDEV) Q2 earnings.
Friday's US jobs report and surprisingly strong Chinese export data helped ease traders' fears over a global recession.