|Bid||68.25 x 3200|
|Ask||68.44 x 800|
|Day's range||67.96 - 69.10|
|52-week range||35.55 - 79.40|
|Beta (5Y monthly)||2.47|
|PE ratio (TTM)||7.12|
|Earnings date||13 Feb 2023 - 17 Feb 2023|
|Forward dividend & yield||5.40 (7.96%)|
|Ex-dividend date||09 Dec 2022|
|1y target est||80.90|
This year, energy companies raked in big profits, allowing those in the sector to pay down debt and reward shareholders with fat dividends. Although energy stocks are up significantly, supply-related events could push oil prices even higher. Additionally, further European sanctions on Russian oil will go into effect on Dec. 5, and the U.S. and other G7 members are looking to put a price cap on Russian oil -- all of which could disrupt supplies.
Oil stocks are on the rise as Saudi Arabia's energy minister dispelled rumors that the country may increase output.
Monday dawned bleak for oil stock investors as a sell-off that began early last week gained steam. As of 11:20 a.m. ET, the cost of a barrel of WTI crude oil had fallen to $75.50 -- down 5.7% from Friday's close and the lowest price seen so far this year. The situation with Brent crude oil, the international benchmark, is both better and worse.