|Bid||119.73 x 900|
|Ask||119.98 x 900|
|Day's range||119.10 - 120.82|
|52-week range||100.22 - 131.08|
|Beta (3Y monthly)||0.78|
|PE ratio (TTM)||15.49|
|Earnings date||26 Apr 2019|
|Forward dividend & yield||4.76 (3.86%)|
|1y target est||139.50|
Everyone thinks M&A in the Permian Basin is heating up. Some assets looks especially cheap. Here is a list of what producers to focus on.
What to Expect from Total’s Q1 2019 Results(Continued from Prior Part)Analyst ratings for TotalTotal (TOT) is expected to post its first-quarter earnings on April 26, 2019. The company’s earnings are expected to fall year-over-year in the
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Oil major BP and Azerbaijan's state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation's three major oilfields, BP-Azerbaijan said in a statement. The Azeri Central East (ACE) platform, the latest phase of Azerbaijan's giant Azeri-Chirag-Guneshli (ACG) oilfields, is expected to produce 100,000 barrels of oil a day and cost $6 billion to build, the company said. The project is one of the biggest upstream investment decisions in Azerbaijan so far this year.
Sustainable investing is quickly gaining popularity among a younger investor audience, but some recent mega deals in Oil & Gas show that the fossil fuel sector is still hugely popular among investors
What to Expect from Total’s Q1 2019 Results(Continued from Prior Part)Total’s segmental analysisBefore we proceed with Total’s (TOT) first-quarter segmental outlook, let’s review the company’s previous quarter segmental performance.
What to Expect from Total’s Q1 2019 ResultsQ4 2018 estimated and actual performance Total (TOT) is expected to post its Q1 2019 results on April 26, 2019. Before we proceed with Q1 2019 estimates, let’s look at Total’s Q4 2018 performance
Overall, oil is being supported by the OPEC+ deal to cut production by 1.2 million barrels per day. U.S. sanctions against Venezuela and Iran also continue to tighten the commodity's fundamentals.
Investing.com - The U.S. first-quarter earnings season has gotten off to a strong start so far. According to FactSet, more than 78% of the S&P; 500 companies that have reported until now have topped analyst expectations, easing worries of an earnings recession.
Will BP Post Lower Q1 Earnings? What Wall Street Expects(Continued from Prior Part)Analysts’ ratings for BP BP (BP) is expected to post its first-quarter earnings results on April 30, 2019. In this article, we’ll review analysts’ ratings for BP
Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. Geneva-based ...
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The oilfield M&A game has officially kicked off following the Anadarko deal, and other major takeovers could already be in motion
The acquisition will give Chevron (CVX) access to potentially lucrative Permian Basin acreage, LNG operations in Mozambique, as well as attractive deepwater infrastructure in the GoM.
Anadarko Petroleum (APC) will be acquired by Chevron in deal worth $48 billion, and its shareholders will get a 39% premium on their holdings.
“Anadarko has a culture of treating women as sexual playthings who are present at work merely for men’s sexual gratification,” it said. Olsen’s 2017 letter to Anadarko went on to describe a toxic culture in the satellite office, where 550 of the company’s 4,700 employees work, and where she said sexual harassment wasn’t punished and women who complained about it were.
Chevron said the Dutch court's decision upholds rulings of two Dutch lower courts which rejected Ecuador's attempts to annul those awards. "The Dutch supreme court found that the challenged arbitral awards are consistent with public policy and justified to prevent irreversible harm to Chevron," the company said. Earlier this month, the Supreme Court of Canada had dismissed claims attempting to force Chevron's Canadian unit to pay the $9.5 billion judgment handed down in Ecuador against the company over pollution in the Andean country.
The Supreme Court of the Netherlands has ruled in favor of Chevron Corporation, rejecting the Republic of Ecuador’s attempts to annul decisions of an international arbitral tribunal in The Hague that ordered Ecuador to take all steps necessary to prevent enforcement of a $9.5 billion Ecuadorian judgment against Chevron anywhere in the world. The Ecuadorian judgment previously was found by the international arbitral tribunal and by U.S. courts to have been obtained through fraud, bribery and corruption. The arbitral tribunal, administered by the Permanent Court of Arbitration in The Hague, issued interim and partial awards in favor of Chevron in 2012 and 2013 in proceedings brought by Chevron to hold the Republic of Ecuador accountable for the fraudulent and corrupt litigation against the company in that country.
The megadeal between Chevron and Anadarko marks the end of an era in the Permian, and while the oil majors got in late, they are aiming for full domination