Have ExxonMobil’s Refined Trading Product Volumes Fallen?
ExxonMobil’s trading volumes accounted for ~20% of its sales volumes in 1Q17.
ExxonMobil sells 62% of its petrochemical products in international markets.
The US is the largest market for XOM, accounting for 40% of total refined products sold.
ExxonMobil (XOM) produced 4.2 MMboed (million barrels of oil equivalent per day) in 1Q17 from its worldwide operations.
In 1Q17, ExxonMobil (XOM) sold 5.4 MMbpd (or million barrels per day) of refined products, a 1% rise over 1Q16.
In 1Q17, ExxonMobil (XOM) generated around $8.2 billion in cash from operations, a whopping 70% rise over 1Q16.
In 1Q17, ExxonMobil’s upstream earnings swung to profits of $2.3 billion in 1Q17 from a loss in 1Q16.
ExxonMobil (XOM) has steadily provided returns to shareholders in the form of dividends.
ExxonMobil’s (XOM) net-debt-to-adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) ratio stood at 1.5x in 1Q17.
ExxonMobil (XOM) plans to concentrate on an integrated earnings model to capture value at every stage of the energy chain.
Eight analysts have assigned the stock a “buy” or “strong buy” rating, 13 have assigned a “hold” rating, and six have assigned a “sell” or “strong sell” rating.
In this series, we’ll look at ExxonMobil’s (XOM) financial and operational performance by reviewing its capex details, analyst ratings, dividend outflows, earning model dynamics, and upstream and downstream operational performance.
The correlation coefficient of Royal Dutch Shell (RDS.A) stock with Brent crude oil stood at 0.50 in the past one-month period. This metric was lower than the one-year average of 0.59.
Shell’s average price-to-book ratio stood at 1.0x between 1Q15 and 1Q17. The ratio increased from 1.1x in 1Q15 to 1.2x in 1Q17, above its historical average.
Shell’s PEG ratio stands at 0.31, above the peer average of 0.26.
Institutional ownership in Royal Dutch Shell (RDS.A) currently stands at 11.8%.
Short interest in Royal Dutch Shell (RDS.A) has risen 14% since mid-May 2017. This shows that the bearish sentiment for the stock is increasing.
Implied volatility in Royal Dutch Shell (RDS.A) stands at 14%.
Shell is trading at a forward PE of 13.8x, below its peer average of 17.6x.
Royal Dutch Shell’s (RDS.A) 90-day daily beta stood at 1.0, which shows that Shell moved in line with the market.