|Bid||17.61 x 2900|
|Ask||17.70 x 4000|
|Day's range||17.50 - 17.80|
|52-week range||12.57 - 24.20|
|Beta (3Y monthly)||1.70|
|PE ratio (TTM)||13.66|
|Earnings date||1 May 2019|
|Forward dividend & yield||0.20 (1.20%)|
|1y target est||21.60|
The S&P 500 crossed the 2,900 mark for the first time since early October on Friday, boosted by a jump in Walt Disney shares and as bank stocks surged after strong results from JPMorgan. The S&P financial index rose 1.43%, providing the biggest boost to the main index, while the S&P banks index gained 1.67%. The main U.S. indexes have been in a holding pattern ahead of the first-quarter earnings season, which many analysts say could witness the first quarterly drop in S&P 500 profit since 2016.
U.S. stocks were set to open higher on Friday, boosted by better-than-expected results from JPMorgan, a $33 billion energy deal and signs of stability in Chinese economy. The S&P 500 e-minis were up 17.25 points, or 0.6% by 8:42 a.m. ET. JPMorgan Chase & Co rose 2.8% after the largest U.S. bank by assets beat quarterly profit estimates, easing fears that slowing economic growth could weigh on its results.
NEW YORK, March 27, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
With low breakeven levels, these oil companies are on track to produce a gusher of free cash if crude stays around its current level.
Murphy Oil's (MUR) subsidiary enters into an agreement to sell Malaysian assets. It intends to utilize the proceeds to develop domestic oil assets, strengthen its balance sheet and buy back shares.
The Zacks Analyst Blog Highlights: Energy Transfer, Phillips 66, Marathon, Hess and Marathon Oil.
Marathon Oil (MRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Oil companies drilling in shale basins like the Bakken have cut back on spending to increase return to shareholders as oil prices are pressured, but investors are punishing the stocks anyway, since it is leading to lower production-growth forecasts.
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy is hitting the brakes. Energy stocks led the market's slide as crude oil prices declined.
Companies such as Exxon Mobil and Chevron may be more focused on capital returns than growth. That is good news for income investors.
U.S. stocks recovered from declines triggered by bleak retail data to trade flat on Thursday, as investors focused on signs of progress in the ongoing U.S.-China trade talks. A surprise 1.2 percent fall in retail sales in December, the largest drop since September 2009, suggested a sharp slowdown in economic activity at the end of 2018. The data dragged down consumer staples as well as the financials sector, which was hit by a jump in expectations that the Federal Reserve would cut key lending rates by the end of the year.