PetroChina Co Ltd

Implied volatility in Equinor (EQNR) has risen by 1.5 percentage points over April 1, 2019, to the current level of 27.3%.

In the second quarter, Chevron (CVX) stock has risen 1% due to a 10% recovery in June. The company’s peers have put up a mixed performance in the second quarter.

Since April 1, Total’s (TOT) implied volatility has risen by 2.4 percentage points to 19.0%, while its stock price has fallen 2.0%.

Based on market capitalization, ExxonMobil (XOM) is the world’s largest publicly listed oil and gas company.

BP (BP) posted its first-quarter earnings, which beat analysts’ earnings expectation. The stock reacted positively to the news.

BP (BP) released its first-quarter earnings results on April 30. It paid $1.4 billion in dividends in the first quarter.

Chevron’s (CVX) first-quarter earnings fell due to its lower Upstream and Downstream earnings.

Total (TOT) announced its first-quarter earnings on April 26, 2019.

Chevron (CVX) released its first-quarter earnings on April 26. The company paid $2.2 billion in dividends in the first quarter.

Royal Dutch Shell (RDS.A) is slated to post its first-quarter earnings on May 2, 2019. In this post, we’ll assess analyst ratings for Shell ahead of its earnings release.

Implied volatility in Total has fallen by 8.0 percentage points since January 2 to 18.5%.

Short interest in BP (BP) has risen by 0.04 percentage points since March 12, 2019, to its current level of 0.20%.

BP’s (BP) earnings are expected to fall in the first quarter driven by lower upstream and weaker downstream earnings.

In this article, we’ll review Chevron’s (CVX) performance ahead of its first-quarter earnings release.

The implied volatility in ExxonMobil stock has fallen by 12.0 percentage points since January 2 to the current level of 18.1%.

Suncor Energy (SU) is trading at a forward PE multiple of 17.3x, higher than the peer average of 13.1x.

Chevron’s stock price could close between $129.0 and $121.7 per share in the next 14 calendar days ending on March 29.

Royal Dutch Shell stock has risen 6% in the first quarter of 2019 led primarily by a recovery in oil prices and a rise in equity markets.

Chevron’s stock price could close between $121.2 and $115.5 per share in the seven days ending February 8.

ExxonMobil’s stock price could close between $77.7 and $74.2 per share in the seven days ending February 8.

The short interest in Suncor Energy (SU) has risen from 0.28% on October 1 to the current level of 0.70%.

Among the 12 analysts covering Suncor Energy stock, 11 recommended a “buy” or “strong buy,” while one recommended a “hold.”

Suncor is expected to post its fourth-quarter earnings on February 5. The price range forecast will be based on the current implied volatility.

In this article, we’ll look at Total’s (TOT) stock price forecast range, based on its implied volatility, for the 16 days leading up to its earnings.

Implied volatility in Total has risen by 8.1 percentage points over October 1, 2018, to the current level of 27.2%.

In the previous part, we saw that Total (TOT) stock has fallen 21% in the current quarter.

Total (TOT) stock has fallen 21% in the fourth quarter so far.

Currently, BP trades at a forward PE ratio of 10.7x, which is above its peer average of 10.6x.

So far, BP stock has fallen 18% in the fourth quarter due to the fall in oil prices. WTI, the benchmark oil, has fallen 34% in the fourth quarter.

The implied volatility in Royal Dutch Shell (RDS.A) has risen by nine percentage points compared to October 1 to the current level of 26%.

ExxonMobil’s stock price could close between $82.1 per share and $71.8 per share for the 35-day period ending on December 31.

The implied volatility in Chevron has risen by 6.3 percentage points since September 24 to 22.9%. Chevron stock has fallen 4.4%.

Oil prices have been volatile in the past month. From September 24 to October 3, oil prices rose 6.0% due to lower oil exports from Iran.

The short interest in Total (TOT) has risen 0.05% since July 2, the beginning of the third quarter, to the current level of 0.10%.

Total stock has risen 4% in the third quarter so far despite the fall in oil prices. WTI has fallen 6% in the current quarter.

An additional fall in Shell stock could lead to a fall in its 50-day moving average, which could break below its 200-day moving average.

Implied volatility in Chevron (CVX) has fallen 4.8 percentage points since July 2 to the current level of 17.1%.

In the first quarter, Chevron’s 50-DMA (day moving average) declined, led by the fall in its stock, which was impacted by weaker markets.

BP (BP) stock has fallen 7% so far in the third quarter, mainly due to a fall in the price of oil.

BP reported its earnings results on July 31. On the day, its implied volatility fell 4.3 percentage points to 16.5%.

In this part, we’ll forecast ExxonMobil’s (XOM) stock price based on its implied volatility up until its earnings release, which is slated for July 27.

In this article, we’ll look at Chevron’s (CVX) stock price forecast range for the 16-day period leading up to its earnings based on its implied volatility.

During the week ended July 6, US crude oil August futures and natural gas August futures fell 0.5% and 2.3%, respectively.

PetroChina (PTR) fell ~7.7% from the previous week’s close of $84.18 to $77.72 on June 14.

XOM has agreed to acquire PT Federal Karyatama, one of Indonesia’s largest motorcycle lubricant manufacturers.

In the second quarter of 2017, BP reported the start-up of two of its major upstream projects, West Nile Delta and Quad 204.

In this post-earnings release series, we’ve looked at analyst ratings for Royal Dutch Shell (RDS.A). In this part, we’ll look at changes in Shell’s implied volatility.

BP’s implied volatility has risen by 6.2 percentage points since January 2 to the current level of 20.5%. During the same period, BP stock has risen 2.6%.

If BP has better-than-expected 1Q18 earnings, its stock and 50-day moving average could rise. BP is expected to post its 1Q18 earnings on May 1.

ExxonMobil stock could close between $80.8 and $74.9 per share in the next 14 calendar days ending April 27, 2018.

Currently, XOM’s 50-day moving average stands 5.2% below its 200-day moving average.

Before we look at Chevron’s (CVX) moving average since January 2, let’s briefly look at how moving averages trended until then.

To conclude our series on the biggest movers in the energy sector, we’ll look at the biggest losses from the US integrated energy sector this week.

Short interest in ExxonMobil (XOM) expressed as a percentage of its outstanding shares has fallen 0.06% since January 30, 2018, to its current level of 0.81%.

Implied volatility in ExxonMobil (XOM) has risen 5.9% since January 2, 2018, to its current level of 18.8%.

In the previous part of this series, we discussed Chevron’s (CVX) short interest changes. In this part, we’ll consider CVX’s forward valuation compared to its peers’.

Chevron’s (CVX) 50-day moving average slid down but stayed above its 200-day moving average in 1Q17.

In this part of our series, we’ll look at Royal Dutch Shell’s (RDS.A) stock price estimate based on its current implied volatility.

In 1Q17, despite the fall in Royal Dutch Shell’s (RDS.A) stock, its 50-day moving average (or 50 DMA) stayed above its 200-day moving average (or 200 DMA).

Chevron’s moving averages In this part, we’ll look at Chevron’s (CVX) moving averages. Let’s start with its moving averages in the first nine months of 2017. In the beginning of 2017, Chevron’s 50-DMA (day moving average) slid down but stayed above its 200-DMA. The downtrend in Chevron stock extended to 2Q17. As WTI (West Texas […]

Short interest in XOM ExxonMobil’s (XOM) short interest (as a percentage of outstanding shares) has fallen from 0.9% on October 2, 2017, to 0.8%, implying that bearishness in the stock has decreased. Over the same period, ExxonMobil stock has risen 6.8%. Why the fall in bearishness? Oil prices significantly impact upstream business earnings, and WTI […]

ExxonMobil’s moving averages in 2017 In 1Q17, ExxonMobil (XOM) stock fell. ExxonMobil’s 50-day moving average, which was below its 200-day moving average, slid further down. ExxonMobil’s downtrend halted in the second quarter with its better-than-expected 1Q17 earnings. However, as WTI (West Texas Intermediate) plunged, XOM stock remained pressured. In 3Q17, ExxonMobil’s 50-day moving average stayed below its 200-day […]

Shell’s stock price could close between $72.4 and $67.6 per share in next 16 calendar days ending on February 1, 2018.

BP (BP) stock has risen by 5.9% in 4Q17 so far. Total (TOT) and Statoil (STO) have risen by 2.2% and 0.7%, respectively, during this timeframe.

BP (BP) is now trading at a forward PE (price-to-earnings ratio) of 16.6x, above its peer average of 16.5x.

Continuing with the biggest movers in the energy sector, we’ll now look at the top gainers from the US integrated energy sector for the week starting December 11.

In the week that started November 20, 2017, Total Fina Elf SA (TOT) was at the top of the list of gainers from the integrated energy group.

Cenovus Energy is the biggest loser this week from the integrated energy sector. It has fallen from last week’s close of $11.26 to $10.17 on November 15.

Russia’s energy ministry estimates that the country’s crude oil exports rose 2% or by 160,000 bpd (barrel per day) in the first nine months of 2017.

BP (BP) is trading at a forward PE (price-to-earnings) ratio of 19.9x, above its peer average of 18.9x.

BP’s PEG ratio stands at 0.36, below the peer average of 0.39.

BP (BP) has witnessed a fall in its short interest (the percentage of outstanding shares) from 0.6% at the end of May to its current level of 0.2%.

PTR’s 50-DMA, which stood 7.0% below its 200-DMA on July 3, now stands 9.4% below its 200-DMA.

ENI stock has risen 7.4% since July 3, outperforming the broad market indicator, the SPDR S&P 500 ETF (SPY).

BP’s PEG ratio stands at 0.30, which is below the peer average of 0.34.

On April 3, 2017, ExxonMobil’s (XOM) 50-day moving average was below its 200-day moving average.

Implied volatility in ExxonMobil has fallen from 14.9% on April 3, 2017, to 13.6% to date.

In the previous part of this series, we considered Chevron’s (CVX) segmental outlook for 2Q17. Now, we’ll examine Chevron’s stock performance ahead of its 2Q17 results.

Overall, Suncor stock has fallen 4.8% since April 3, 2017.

BP (BP) currently trades at a forward PE (price-to-earnings) ratio of 16.4x, marginally below the average forward PE of 16.6x.

ExxonMobil stock ended 2016 on a high note due to the rise in oil prices.

Chinese exports in US dollar terms fell 7.7% in 2016 compared to 2015, making it the worst decline since 2009.

Chevron’s leverage position In this part, we’ll evaluate Chevron’s (CVX) leverage position. Chevron’s net debt-to-adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) stood at 2.6x in 4Q16. Chevron’s ratio is above the average industry ratio of 2.1x. The industry average considers 13 integrated energy companies worldwide, including Suncor Energy (SU), Eni (E), Total (TOT), ExxonMobil […]

Shell’s beta In this part, we’ll compare Royal Dutch Shell’s (RDS.A) beta with peers’. We’ve considered the 90-day beta, which depicts how much a stock moves for a given move in the market for 90 days. Shell’s 90-day beta stands at 0.94, lower than integrated energy stocks’ average 90-day beta of 1.0. In comparison, Statoil’s […]

Shell’s price-to-earnings-to-growth ratio In this part, we’ll compare Royal Dutch Shell’s (RDS.A) PEG (price-to-earnings-to-growth) ratio with its peers’. We’ve considered the mean estimated PEG ratio, which depicts a stock’s valuation after factoring in the expected future growth rate. Usually, with everything else being equal, a PEG ratio lower than one signifies an undervalued stock. Shell’s […]

Short interest in Chevron Last year, short interest in Chevron (CVX) rose. However, since mid-December 2016, it has dropped by 38%, indicating that bearish sentiment for the stock has weakened. However, contrary to market sentiment, Chevron’s stock price has fallen 6%. In the same period, short interest in peers Statoil (STO), Petrobras (PBR), and PetroChina […]

ExxonMobil’s net debt-to-adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) ratio stood at 1.7x in 4Q16, lower than the average industry ratio of 2x.

ExxonMobil’s beta stands at 0.96 for the past-90-day period—higher than peers Chevron, BP, and Royal Dutch Shell.

Chevron (CVX) announced its 4Q16 results on January 27, 2017. The stock received a weak opening on the day. Chevron opened at $113.5 per share.

Implied volatility in ExxonMobil (XOM) is currently 16.0%. On January 11, 2017, it was 18.0%.

On January 20, 2016, Shell began recuperating from the falls it had experienced in the previous year. Shell has risen 49% since January 20, 2016.

In this article, we’ll compare ExxonMobil’s (XOM) beta with those of its peers. We’ve considered the companies’ 90-day betas.

Crude oil prices have witnessed an uptrend in 2016, recovering from their downfall in 2015. Prices saw weakness in mid-August 2016, but since September 20, 2016, they’ve risen 22%.

In 3Q16, Shell’s net debt more than doubled compared to 3Q14. This rise was led by a 128% rise in Shell’s total debt.

Shell’s stock had a weak opening to 2016. It traded below its 50-day and 200-day moving averages at the beginning of the year. Its share price touched a trough on January 20, 2016.

Chevron’s net debt-to-adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) ratio stood at 2.6x in 3Q16.

In this article, we’ll evaluate Chevron’s (CVX) historical valuation trends. Let’s start by looking at its price-to-book value (or PBV) multiple.

Short interest in Chevron has been rising since the beginning of 2016. If we consider the change since mid-September 2016, CVX’s short interest has risen 10%.

Since January 20, 2016, integrated energy stocks have been recuperating from the falls they experienced in 2015. Chevron (CVX) has risen 49% during this time.

In 3Q16, BP’s total debt-to-capital ratio stood at 38.9%, higher than the industry average of 36%. Its net debt-to-adjusted EBITDA ratio rose from 0.77x in 3Q14 to 2.3x in 3Q16.