|Bid||72.73 x 1400|
|Ask||72.77 x 1300|
|Day's range||72.56 - 72.97|
|52-week range||64.65 - 87.36|
|Beta (3Y monthly)||1.21|
|PE ratio (TTM)||17.49|
|Earnings date||31 Oct 2019 - 4 Nov 2019|
|Forward dividend & yield||3.48 (4.72%)|
|1y target est||80.59|
There is an old and very important saying for ETF investors: know what you're buying. With crude oil (WTI and Brent) up about 13% on Monday, one might expect huge gains in oil stocks. The largest Energy ETF (XLE) was up only 3.4%. On the other hand, oil-sensitive ETF's like XOP and OIH were up 9% and 11%, respectively. Why?
** India's government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said. ** Orsted has agreed to sell its Danish power distribution and retail businesses to energy firm SEAS-NVE for 21.3 billion Danish crowns ($3.15 billion) on a cash and debt-free basis, the Danish utility said. ** Eddie Stobart Logistics Plc said on Wednesday it had received a "highly preliminary" expression of interest from TVFC Ltd, a company controlled by Stobart Group's former boss Andrew Tinkler.
Oil major Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its portfolio of assets around the world. The Gippsland Basin joint venture, off the state of Victoria, has long been the mainstay oil and gas supplier into southeastern Australia, but output from the fields is in decline. Operator Exxon's 50-50 joint venture partner in the assets is global miner BHP Group .
Midstream biggie Energy Transfer (ET) said on Monday it would buy SemGroup (SEMG) for $5.1 billion. Meanwhile, supermajor ExxonMobil (XOM) confirmed its 14th oil discovery off the coast of Guyana.
Imperial Oil Ltd's chief executive officer, Rich Kruger, will retire in December after being at the helm since 2013, the Canadian oil sands producer said on Tuesday. The Calgary-based company, majority-owned by Exxon Mobil Corp , named Brad Corson as his successor. Corson, an Exxon veteran who joined the U.S. oil major in 1983, will assume the role of president immediately and become chairman and CEO after Kruger's departure.
ExxonMobil's (XOM) Tripletail-1 well, which is drilled at a depth of 2,003 meters of water, is located about five kilometers northeast of the Longtail discovery.
Investing.com - U.S. futures were slightly lower on Tuesday as heightened geopolitical risk and fading hopes for an interest rate cut from the Federal Reserve weighed on sentiment.
IRVING, Texas-- -- Tripletail-1 well is located in Turbot area on the Stabroek Block Fourth drillship to begin Guyana operations in October ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the ...
The drone attack on Saudi Arabia could have a far-reaching impact on oil prices as it eliminated roughly 5% of daily oil supply globally and it is not possible to mitigate these losses immediately.
Farm groups and ethanol organizations are angered by the sharp increase in exemptions provided by the Andrew Wheeler-led Environmental Protection Agency to the oil refiners.
Chevron (CVX) stock has fallen 1.4% since July 1, 2019, the beginning of the current quarter. Prices of WTI crude oil have fallen 6.0% in the quarter.
ExxonMobil (XOM) along with Murphy Oil and Enauta consents to pay $1.9 million for purchasing SEAL-M-505, SEAL-M-575 and SEAL-M-637 blocks in the offshore Sergipe-Alagoas Basin.
The valuations of integrated energy stocks ExxonMobil, Chevron, Shell, and BP have been slammed in Q3, led by volatile equity markets and oil prices.
Trade war tariffs and strict sanctions on countries such as Russia and Iran have led to unforeseen consequences to US strategic positioning in some of the world’s most contested geopolitical theaters
While EIA reports the fourth straight weekly inventory decline, crude prices fall after OPEC cut its forecast for oil demand growth this year and next.