In 4Q16, Coeur Mining (CDE) reported a record quarterly silver equivalent production of 10.0 million ounces.
Coeur Mining (CDE) was one of the most successful mining stocks in 2016, rising more than 268.0%. In 2017, its has become one of the worst performers.
On March 15, 2017, Enterprise Products Partners announced the acquisition of Azure Midstream Partners’ midstream business and assets for $189 million.
In this article, we’ll test the correlation between Tesoro’s stock price and crude oil’s price.
Tesoro’s (TSO) implied volatility currently stands at 25%, a fall compared to its level of 34% on January 3, 2017.
Institutional ownership in Tesoro currently stands at ~95%. The level of these holdings suggests the confidence level sophisticated market participants have in a stock.
Since mid-February 2017, Tesoro (TSO) has witnessed an 18% rise in its short interest, indicating that the bearish sentiment for the stock is strengthening.
So far, we’ve evaluated Tesoro’s stock performance, ratings, dividend yield, and PEG ratio. In this article, we’ll consider Tesoro’s forward valuation compared to its peers’.
In this article, we’ll compare Tesoro’s beta with those of its peers. The 90-day beta depicts how much a stock moves for the given daily movements in the market for 90 days.
TSO’s dividend yield rose from 2% in 4Q13 to 2.6% in 4Q16 due to the steep rise in its dividend compared to the rise in its stock price during the period.
In this article, we’ll compare Tesoro’s (TSO) PEG ratio (price-to-earnings to blended growth rate) to those of its peers. We’ve considered the mean estimate of PEG.
Thirteen out of the 18 analysts covering Tesoro (TSO) have rated it as a “buy” so far in March 2017. Another five analysts have rated TSO as a “hold.”
Since January 3, 2017, Tesoro stock has fallen 8%, more than its peers Marathon Petroleum and Valero Energy, the leading American downstream companies.
All the stocks we’ve looked at in this series are trading below their Wall Street analyst targets and have upside potentials of 28.0%–48.0%.
For 2017, Encana’s (ECA) capital spending program will be $1.6 billion–$1.8 billion. That represents a midpoint rise of ~55.0% compared to 2016.
In its 4Q16 earnings call, Southwestern Energy (SWN) said it has raised its 2017 capital spending program to $1.2 billion–$1.4 billion.
For fiscal 2017, Marathon Oil (MRO) plans to spend ~$2.2 billion in capex, which is ~100.0% more than fiscal 2016.
For fiscal 2017, ConocoPhillips (COP) expects capex of $5.0 billion, which is marginally higher by $100.0 million compared to $4.9 billion in fiscal 2016.
The falling trend in crude oil (USO) and natural gas (UNG) prices from June 2014 to February 2016 caused their values to fall ~76.0% and ~75.0%, respectively.
Chevron’s cash flow In 2016, Chevron’s (CVX) cash flow from operations stood at $12.9 billion, compared with $19.5 billion in 2015. Chevron’s cash outflow from investing stood at $16.9 billion…