161.57 -0.24 (-0.15%)
After hours: 4:11PM EDT
|Bid||145.15 x 1300|
|Ask||171.18 x 800|
|Day's range||160.61 - 163.69|
|52-week range||109.23 - 185.72|
|PE ratio (TTM)||19.27|
|Forward dividend & yield||5.98 (3.63%)|
|1y target est||199.33|
A multitude of factors are raising the specter of supply shortages at a time when global demand could rise exponentially. It thus makes sense to bet on select oil stocks likely to deliver strong profits in the second half of 2018.
Petrobras (PBR) expects production ramp up from the Green Turtle field to largely help it reach its 2018 production target of 2.1 million barrels per day.
The Zacks Analyst Blog Highlights: Chevron, Northern Oil and Gas, Parsley Energy, ConocoPhillips and CNOOC
OPEC decides to raise production; however, the amount seems to be lesser than analysts' expectations. This has soothed concerns of a supply glut.
In December 2017, CNOOC Limited (HKG:883) announced its latest earnings update, which signalled that the business gained from a significant tailwind, more than doubling its earnings from the prior year.Read More...
BEIJING, June 19 (Reuters) - * China's offshore oil and gas producer CNOOC has started developing a new gas field in the South China Sea, the official Xinhua News Agency reported on Tuesday * The Lingshui ...
French oil major Total (LSE: 524773.L - news) says it expects to start producing oil in Uganda in 2021 at the earliest, the second firm to suggest it will be unable to meet the 2020 target set by the East African country. Total, alongside China's CNOOC (HKSE: 0883-OL.HK - news) , are the majority owners and operators of Uganda's oilfields, while London-listed Tullow Oil (LSE: TLW.L - news) owns a small stake but has left operations to its two bigger partners. President Yoweri Museveni's government is targeting 2020 as as the start of oil production and is banking on a windfall to clear mounting public debt and lift sagging growth.
Occidental Petroleum Corporation is at a 52-week high, but can investors hope for more gains in the future? We take a look at the fundamentals for OXY for clues.
No stocks gained this week in the US integrated energy sector. So we’ll now look at the biggest losses from the sector this week.
The Zacks Analyst Blog Highlights: Boeing, Caterpillar, Diodes, Texas Instruments and CNOOC