|Day's range||8.98 - 9.04|
|52-week range||8.75 - 10.88|
|PE ratio (TTM)||811.74|
|Dividend & yield||0.05 (4.14%)|
|1y target est||11.08|
Uganda and Tanzania signed a framework agreement on their proposed $3.55 billion crude export pipeline on Friday, a key milestone for the project, which is expected to start pumping Ugandan oil to international markets in three years. An official at Uganda's Ministry of Energy told Reuters the agreement covered terms on tax incentives for the project, implementation timelines, the size of the pipeline and local content levels, keeping it on track to complete in 2020. Adewale Fayemi, the manager for Uganda at Total (LSE: 524773.L - news) , said the project will become "the longest electrically heated crude oil pipeline in the world".
Crude prices ticked higher in Asia but Thursday's plunge fuelled by OPEC's output decision hammered regional energy shares
Expectations of an extension to a OPEC-Russia deal to cut output has fuelled a surge in crude prices, which in turn has fired a rally in energy firms