|Bid||49.26 x 1800|
|Ask||49.34 x 3000|
|Day's range||49.51 - 50.44|
|52-week range||33.54 - 51.35|
|Beta (5Y monthly)||1.04|
|PE ratio (TTM)||41.71|
|Forward dividend & yield||1.64 (3.22%)|
|Ex-dividend date||10 Nov 2021|
|1y target est||65.33|
With production hovering around 1 million bpd, Libya’s Minister of Oil and Gas Aoun is looking to ramp up production to 1,45 million bpd by the end of this year, but the country continues to face operational and security challenges
Mexican state oil company Petroleos Mexicanos on Thursday signed a long-term crude supply contract with Royal Dutch Shell Plc as part of its acquisition of the Deer Park refinery in Texas. Pemex and Shell in May announced the transaction, which is worth almost $600 million and will make the Mexican firm the sole owner of the refinery near Houston. Shell will supply about 200,000 bpd of foreign and U.S. crude to the plant for at least 15 years, according to a source and a July document seen by Reuters.
Royal Dutch Shell will supply crude to the 340,000-barrel-per-day Deer Park refinery for at least 15 years, as part of the sale of its stake in the Texas facility to Mexico's Pemex, according to a source and document on the transaction. The handover, expected to happen on Thursday, will also include a labor agreement allowing Pemex to absorb most of the refinery's employees for two years, the source and the document said.