|Bid||82.35 x 1100|
|Ask||83.27 x 1200|
|Day's range||78.78 - 83.44|
|52-week range||39.70 - 89.11|
|Beta (5Y monthly)||1.61|
|PE ratio (TTM)||22.52|
|Forward dividend & yield||1.52 (1.84%)|
|Ex-dividend date||31 Dec 2021|
|1y target est||N/A|
Yahoo Finance's Jared Blikre gives an update on the oil market for today.
Wall Street is finally turning bullish on oil once again, with some analysts predicting that oil prices could break $100 this year
HOUSTON (Reuters) -The chiefs of major U.S. oil companies Occidental Petroleum Corp and ConocoPhillips offered differing outlooks on the growth of U.S. oil output at a conference on Monday, as the industry rebounds from shutdowns during the first stage of the coronavirus pandemic. Oil prices have surged to seven-year highs in the last several weeks, with international benchmark Brent crude hitting nearly $90 per barrel, bolstered by tight worldwide supply and resurgent global demand. ConocoPhillips Chief Executive Officer Ryan Lance told an audience at the Argus Americas Crude Summit in Houston that he was bullish about markets as high oil prices "will persist for a while."