82.41 -0.08 (-0.10%)
Pre-market: 8:49AM EDT
|Bid||82.02 x 4000|
|Ask||82.41 x 800|
|Day's range||82.00 - 82.79|
|52-week range||72.16 - 89.30|
|PE ratio (TTM)||17.30|
|Earnings date||27 Jul 2018|
|Forward dividend & yield||3.28 (3.96%)|
|1y target est||89.58|
As earning season gets underway several blue chip Dow Jones stocks are nearing buy points after building bullish bases. Apple, Boeing, American Express, Exxon Mobil and Home Depot could make strong gains in the coming weeks.
Papua New Guinea’s natural gas reserves were once the envy of the world, but now the small country faces more hardships than success stories
Steep decline in imports, partly due to an outage at Syncrude facility in Canada, led to the massive stockpile draw with the world's biggest oil consumer.
Analysts believe that the WTI Midland discount and the Waha natural gas discount to Henry Hub prices will become worse before they become better, but additional pipeline capacity is poised to make a difference in 2019
Exxon Mobil Corp. quit the American Legislative Exchange Council, a lobbying group bankrolled by fossil fuel companies, following a disagreement over climate-change policy. The oil giant won’t be renewing its membership after it expired in June, spokesman Scott Silvestri said by phone. Exxon had a public spat with ALEC in December when some members backed by climate skeptics such as the Heartland Institute moved to convince the federal government to drop its claim that climate change is a risk to human health.
Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine. Treasury’s Office of Foreign Assets Control, which issued the penalty in July 2017, asked U.S. District Judge Jane Boyle in Dallas on Tuesday to overturn a magistrate judge’s June decision ordering Treasury to hand over more documents. Exxon signed legal documents in May 2014 related to oil and gas projects in Russia with Igor Sechin, head of Rosneft OAO, who is on the Treasury’s list of sanctioned Russian nationals, the U.S. said.
Stocks pared gains Tuesday afternoon, with a downward reversal in small caps and energy stocks contributing to a softening session on Wall Street.
ExxonMobil (XOM) to undertake construction and operation of natural gas liquefaction and associated facilities in the Rovuma LNG Project.
The U.S. energy industry has had a particularly strong year and, with oil and gas markets set to boom, things are set to get even better. As the age of U.S. energy dominance approaches – here are the companies to watch
In this article, we’ll compare the forward valuations of integrated energy stocks ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP). CVX is also trading above the peer averages, but Shell and BP are trading below the peer averages on both metrics. Why are XOM and CVX trading at premium valuations while Shell and BP are trading at discounted valuations?
In the previous article, we analyzed the institutional holdings in integrated energy stocks. In this article, we’ll consider changes in these stocks’ short interests.
On Friday, the US Energy Information Administration released its weekly natural gas storage report, which stated that natural gas stocks increased by 78 billion cubic feet (bcf) for the week ending on June 29.
Institutional ownership in ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) stands at various levels ranging from 12% to 66%.
ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) have paid dividends regularly in the past few years. Before we look at their dividend yield trends, let’s look at their dividend payments in the second quarter. In the second quarter, XOM’s dividend payment stood at $0.82 per share, a 9.3% rise over the dividend it paid in the second quarter of 2016.
The implied volatilities of the integrated energy stocks under review in this series fell in the second quarter. Chevron (CVX) saw the highest fall in its implied volatility compared to its peers BP (BP), ExxonMobil (XOM), and Royal Dutch Shell (RDS.A).
U.S. crude futures retreated Thursday as domestic oil inventories unexpectedly rose in the latest week. President Trump continued to demand OPEC to lower prices.
In the second quarter, integrated energy stocks ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) rose. Higher oil prices and better markets led to jumps in the stocks, which rose by varying degrees possibly due to their mixed performances in the first quarter.
In the previous article, we evaluated ExxonMobil’s (XOM), Chevron’s (CVX), Royal Dutch Shell’s (RDS.A), and BP’s (BP) stock performances. Let’s see what patterns the above-mentioned stocks’ correlation coefficients show. Shell’s correlation with WTI stood at 0.53 in the trailing 12 months, showing that Shell’s stock price moved in line with WTI’s price to a certain extent—changes in oil’s price could explain ~53% of the changes in Shell’s stock price over the past 12 months.