|Bid||120.66 x 900|
|Ask||120.90 x 1400|
|Day's range||120.37 - 121.16|
|52-week range||100.22 - 128.55|
|Beta (3Y monthly)||0.75|
|PE ratio (TTM)||16.70|
|Earnings date||25 Jul 2019 - 29 Jul 2019|
|Forward dividend & yield||4.76 (4.18%)|
|1y target est||140.05|
America consumed 2.5% more crude in 2018 than in 2017, and you might be surprised where that extra oil wound up.
Antero Resources (AR) is well placed to grow further, thanks to Appalachian performance and growing capital efficiency. Rising costs and dampening demand outlook pose risks.
“We are attractive for purchasers whatever type of investor it is,” Chief Executive Officer Matt Gallagher said in a phone interview on Thursday. Last month’s $38 billion takeover of Anadarko Petroleum Corp. by Occidental Petroleum Corp. fueled speculation that an M&A spree could follow among companies exploring for oil in the Permian Basin, which straddles Texas and New Mexico. Scott Sheffield, the CEO of shale producer Pioneer Natural Resources Co., recently cited Parsley, which was founded by his son, as being among the top targets in the Permian.
Chevron Corporation (NYSE:CVX), a large-cap worth US$230b, comes to mind for investors seeking a strong and reliable...
The agency removed the federal restriction on summer sales of E15 ethanol and came up with several structural changes to increase RIN market transparency.
Suspected attacks on two tankers off the coast of Iran saw oil markets erupt out of their recent slump on Thursday and kept traders gobbling up ultra-safe government bonds, gold and the Japanese yen. Brent surged as much 4% after reports of the attacks added to already heightened tensions between Iran and the United States.
The federal government's EIA report revealed that crude inventories rose by 2.2 million barrels for the week ending Jun 7 to a nearly 2-year high.
Crude prices jumped 3.5% a barrel, just one day after hitting five-month lows, after two tankers were allegedly attacked in the Gulf of Oman, through which a fifth of global oil passes.
Being a significant project in Shell's (RDS.A) portfolio, Prelude FLNG is a path-breaking facility for the emergence of floating LNG.
Comstock Resources (CRK) agreed to buy Cover Park Energy for $2.2 billion. Meanwhile, Royal Dutch Shell (RDS.A) pledged to return at least $125 billion to its shareholders between 2021 and 2025.
Which Integrated Energy Companies' Earnings Could Jump in 2019?(Continued from Prior Part)Chevron’s earnings estimateWall Street analysts expect Chevron’s (CVX) earnings to fall in 2019. Suncor Energy’s (SU), Royal Dutch Shell’s (RDS.A), and
Chevron and Pioneer Natural Resources have shown that they can operate efficiently in the Permian Basin, and are the top 2 stocks in a list of 5 put out by Goldman Sachs.
Anadarko Petroleum exacted a top price for itself by repeatedly spurning Occidental Petroleum's approaches and pushing for all-cash offers, reasoning the market might react negatively to the blockbuster $38 billion deal, according to securities filings released on Friday. Occidental last month beat out Chevron Corp to grab a major oil industry prize: nearly a quarter million acres in the Permian Basin, the top U.S. shale field, where low-cost output has helped turn the United States into the world's top oil producer at more than 12 million barrels per day. Anadarko's tactics sweetened the sales terms and guaranteed a huge payday for its executives, Chevron and deal advisers, the filing showed.
The oil price fall appears to have been halted by confirmation from Saudi Arabia that OPEC+ will almost certainly extend production cuts and hope that Trump will hold off on Mexico Tariffs