Royal Dutch Shell PLC
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How Have Depressed Oil Prices Impacted Total’s Stock Performance?
In 2015, sinking oil prices impacted earnings of integrated energy companies. This reflects on the stock performance of these companies.
UK Industrial Production Regained Strength in August
With a rise in mining and quarrying activities, the UK industrial production index rose by 1% in August 2015 against a fall of 0.3% in July.
Shell Plans to Sell Iraqi Oil Fields: Focus on Divestments
Royal Dutch Shell (RDS.A) plans to sell its oil fields in Iraq. The sale could be due to Shell’s restricted authority on the fields.
Why Chevron’s Valuations Command a Premium over the Peer Averages
Chevron (CVX) is currently trading at a forward EV-to-EBITDA of 6.8x, above the peer average of 5.5x.
Chevron’s 3.6% Dividend Yield Ranks Sixth with High Valuations
Chevron (CVX) is the sixth stock on our list of the top eight dividend-yielding stocks.
Assessing BP’s Debt Position
Comparing BP’s debt position with peers’ In this part, we’ll assess whether BP’s (BP) debt position has improved. Let’s begin by looking at how BP’s debt position compares with peers’. In the second quarter, BP’s total debt-to-capital ratio was 37%, higher than the industry average of 33%. The industry average considers 13 integrated energy companies worldwide. […]
How BP’s Debt Position Compares
In this part, we’ll review whether BP’s (BP) debt position has improved. Let’s begin by comparing BP’s debt position with peers’.
How Has Shell’s Stock Performed ahead of Its 4Q16 Earnings?
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.
What Analysts Recommend for Integrated Energy Stocks
BP has the most “hold” ratings among the four stocks we’ve discussed in this series.
Institutional Holdings in BP Today: Behind the Trend
Institutional holdings in BP currently stand at ~10%, which has fallen ~1% in the past six months.
A Look at Shell’s Stock in 4Q15 Prior to Its Earnings Release
In 2015, Royal Dutch Shell’s stock fell. Shell’s stock lost 38% in the trailing twelve months to January 26, 2016.
ExxonMobil’s 4Q17 Outlook: A Segment-Wise Review
XOM’s segment-wise performance Before we look at ExxonMobil’s (XOM) 4Q17 segment-wise performance, let’s look at how it did in 3Q17. Between 3Q16 and 3Q17, ExxonMobil’s upstream earnings rose to $1.6 billion from $620 million due to a surge in crude oil prices. Brent prices rose from $46 per barrel to $52 per barrel. ExxonMobil’s downstream earnings […]
Shell’s Upstream Portfolio: Is it Poised to Grow?
Royal Dutch Shell (RDS.A) produced 3.8 MMboepd in 1Q17 from its worldwide operations, compared to 3.7 MMboepd in 1Q16.
How Was ExxonMobil’s Upstream Performance in Q2 2018?
ExxonMobil (XOM) produced 3.7 MMboepd (million barrels of oil equivalent per day) from its worldwide operations in the second quarter.
BP’s Upstream Segment: Large Upcoming Gas Projects
BP has a strong pipeline of projects in its upstream portfolio. These projects are expected to result in 800,000 barrels per day of new production by 2020.
What’s the Forecast for Shell Stock for the Next 7 Days?
Implied volatility in Royal Dutch Shell (RDS.A) has fallen 4.9% since July 3, 2017, to the current level of 12.8%.
Chevron’s Upstream Segment: Production Growth on the Horizon?
Chevron (CVX) produced 2.7 MMboepd (million barrels of oil equivalent per day) from its worldwide operations in 1Q17.
US Offshore Rig Count Was Steady in the September 18 Week
In the week ending September 18, 2015, the US offshore rig count didn’t change. The offshore rig counts have averaged 33 over the past eight weeks.
What’s Shell’s One-Week Stock Price Forecast?
Shell stock could close between $69.5 and $66.0 per share in the eight-day period ending on August 3, 2018.
Total’s Business Segments: Refining and Chemicals Boost Earnings
Changing oil prices have changed the segment dynamics within Total (TOT). The Upstream segment, which contributed 48% of the net adjusted operating earnings in 1Q15, contributed 27% in 1Q16.
Total’s Segments: How Have Falling Oil Prices Affected Dynamics?
Total (TOT), an integrated energy major, has three main segments: upstream, refining and chemicals, and marketing and services.
Have Shell’s Chemical Margin Markers Fallen?
Regional chemical margins where Royal Dutch Shell’s (RDS.A) chemical operations are carried out are indicators of Shell’s chemical margins.
Total Has a Good Yield, Valuation, and Earnings Growth
Total trades at a forward PE ratio of 10.5x, which is below the peer average of 14.1x. Total also trades at a forward EV-to-EBITDA multiple of 4.6x.
BP Traded 10% below Its 100-Day Moving Average
BP (BP) was trading 10% below its 100-day moving average as of February 23, 2016. Currently, the stock is at $29. It’s below the important psychological level of $30.
Chevron’s Debt Fell in 4Q17: What to Expect in 2018
In this series, we’ll look at Chevron’s (CVX) current financial position and growth prospects.
Key analysis: Why Mexico desperately needed energy reforms
Things were going pretty well for Mexico until 2004 when its oil production started declining. The decline was as a result of Cantarell’s—Mexico’s largest oilfield— depleting reserves.
Shell’s Second-Quarter Earnings Rose but Still Missed Estimates
Royal Dutch Shell (RDS.A) reported its Q2 2018 earnings on July 26. The company’s earnings missed estimates.
Where Integrated Energy Companies’ Dividends Stood in 1Q17
Integrated energy companies such as ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) are steady dividend-paying companies.
How Chevron’s 1Q17 Segmental Earnings Trended
Chevron’s (CVX) Upstream segment, which posted a loss in 1Q16, saw its earnings rise to ~$1.5 billion in 1Q17.
ExxonMobil Stock Rose 4% after Its Q4 Earnings
ExxonMobil (XOM) announced its fourth-quarter earnings on February 1. ExxonMobil stock opened at $74.9 per share on February 1.
Chevron Ranks Second-Last in Terms of Its Dividend Yield
In terms of its dividend yield, Chevron (CVX) is the fifth-best performer among the six stocks under review.
Why Brazil is a long-term commitment for Petrobras
Petrobras’ (PBR) oil and gas production from Brazil was more than 90% of its total upstream energy production. In 2013, ~96% of its total reserves were in Brazil.
How Will Shell Stock Move after Earnings?
Considering Shell’s implied volatility of 21.0%, Shell stock could close between $63.7 and $59.8 per share in the next eight days.
Shell’s 1Q16 Pre-Earnings Outlook by Segment
In 1Q16, Shell’s (RDS.A) upstream segment is likely to put on a dull show due to weaker crude oil prices. Earnings from the downstream segment are also likely to be subdued.
Could BP’s Cash Flow Position Improve?
In the first quarter, BP’s (BP) cash flow from operations rose 72% YoY (year-over-year) to $3.7 billion, and its cash outflow from investing was flat YoY at $3.8 billion.
How Institutional Holdings in Shell Are Trending
Institutional holdings show the percentage of a company’s shares owned by institutions like mutual funds and banks.
Chevron’s Valuation Is Higher than Historical Averages
Let’s examine CVX’s valuation trend. CVX traded at an average PE of 11.7x from 1Q13 to 3Q15. The PE measures a company’s price per share as a multiple of EPS.
How ExxonMobil’s Segmental Dynamics Shaped Up in Q3
In the third quarter, ExxonMobil’s (XOM) earnings rose 57% YoY (year-over-year) to $6.2 billion.
Key Energy Industry Updates for May 30–June 2
Royal Dutch Shell (RDS.A) has started operations on the FPSO (Floating Production Storage Offloading) P-66 in the Lula South Field, Santos Basin, Brazil.
Must-Know: World’s Top Oil Companies by Production
The US, Saudi Arabia, and Russia are the world’s top three crude oil producers. Let’s take a look at the world’s top oil players by production volumes.
XOM, CVX, RDS.A, BP: Are They Underperforming the S&P 500?
So far in 1Q18, Chevron (CVX) stock fell 13.9%, the highest among its peers ExxonMobil (XOM), BP (BP), and Royal Dutch Shell (RDS.A).
XOM, CVX, RDS.A, BP: Integrated Energy Stocks Compared to SPY
In this series, we’ll do a cross-sectional analysis of integrated energy stocks. We’ll examine their moving average crossovers, price forecasts, analyst ratings, and much more.
Exxon Mobil wins $1.6 billion in arbitration case against Venezuela
Exxon Mobil alleged that the Venezuelan government illegally expropriated its Venezuelan assets in 2007 and paid unfair compensation.
Why currency movements are important for Petrobras’ finances
By the end of 2013, PBR’s total long-term debt was ~$106 billion. It also had $8 billion in short-term debt. Approximately 80% of the debt liabilities were denominated in foreign currencies.
Goldman Sachs Favors Chevron Compared to ExxonMobil
Chevron and ExxonMobil stocks have provided almost flat returns in the current quarter. As a result, Goldman Sachs favors Chevron over ExxonMobil.
ExxonMobil, Chevron, Shell, BP: Which One Is Analysts’ Favorite?
Royal Dutch Shell (RDS.A) has received the most “buy” ratings, most likely due to its strategy to cut capex, reduce costs, and divest non-competitive assets.
Oil Majors Keep New Projects Worth $200 billion on Ice
Wood Mackenzie research shows that the oil majors have deferred more than 45 significant oil and gas projects since the beginning of the crude oil price collapse last year.
Why Is the United Kingdom’s Stock Market Buoyant?
The iShares MSCI United Kingdom (EWU) rose 1.1% on Thursday, October 8. On Thursday, 82 stocks rose out of EWU’s 109 constituent stocks.
What Should You Expect from Monetary Policy Announcements?
Most FOMC participants indicated that they preferred to consider a possible rate hike on a meeting-by-meeting basis—without providing any hints about the timing of a rate hike.
Investor snapshot: Valuing BP compared to its peers like Chevron
Despite the strain that the Macondo incident put on BP, the company continues to reward shareholders handsomely in the form of share buybacks (which boosts earnings per share). It has also been paying hefty dividends.
XOM, CVX, RDS.A, BP: How Integrated Energy Stocks Performed after 3Q17 Earnings
Since October 26, Royal Dutch Shell (RDS.A) stock has risen 5.3%, the highest among its peers ExxonMobil (XOM), BP (BP), and Chevron (CVX). BP also rose 4.9% during the same period.
Total’s Valuation Trends: How Does It Compare with Its Peers?
In 3Q15 and 4Q15, Total’s valuation was higher due to lower EBITDA (earnings before interest, tax, depreciation, and amortization) and cash flows.
The Top 7 Analyst Favorite MLPs
Antero Midstream Partners, Viper Energy Partners, and Hoegh LNG Partners have the most “buys” among all the publicly traded limited partnerships.
Uptrend Continues in Mining Stocks
The uptrend in mining stocks continued on October 2, 2015, as 85 of 109 stocks in the iShares MSCI United Kingdom ETF returned positive gains on the day.
Is BP’s Cash Flow Slated for Growth?
Rising oil prices have given BP some hope that its cash flows could improve. The robust upstream project pipeline is also likely to result in higher production.
How Chevron’s Dividend Yield Stacks Up with Peers
Chevron (CVX) is the seventh dividend-yielding stock on our list of top eight stocks.
Why is Petróleo Brasileiro S.A.—Petrobras important?
Petróleo Brasileiro S.A.—Petrobras (PBR) is one of the largest integrated energy companies in the world. In the U.S., it’s more commonly known as Brazilian Petroleum Corporation—Petrobras.
Chevron Stock at a 52-Week High in 4Q17
Chevron (CVX) stock has risen 6.4% since October 2, 2017, outperforming the SPDR S&P 500 ETF (SPY), which has risen 6.0% in the same period.
Major Events That Affected Chevron and Shell in 3Q17
Chevron’s 1H17 results improved from ~-$2.2 billion in 1H16 to $4.1 billion due to an across-the-board rise in its segmental earnings.
Shell’s Stock Has Risen 16% since September 2016
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.
Crude Oil Prices Rose Due to the Supply Outage
NYMEX-traded WTI crude oil futures contracts for December delivery rose by 3.8% on November 3. Crude oil prices rose due to a supply disruption in Brazil.
Petrobas and Its Analysts: Are Ratings Improving?
As of January 11, 2017, Petrobras (PBR) has been rated by 18 analysts. Four of them rated the company a “buy” or “strong buy.”
How Are Oil Prices Squeezing OPEC Members’ Budgets?
Oil prices have fallen more than 60% since June 2014, which affects the revenue of OPEC countries.
What Are the Wall Street Targets for Integrated Energy Companies?
Due to its superior performance, Wall Street expects YPF to fetch the highest returns over the next 12 months among other integrated energy companies.
Is There a Correlation between TOT, Oil, and Natural Gas Prices?
The correlation coefficients of TOT versus Brent and WTI stand at 0.36 and 0.49, respectively.
Did BP Have Better Cash Flows in 2019 than Peers?
BP (BP) saw weaker revenues and earnings in the first nine months of 2019. An across-the-board decline in segmental earnings impacted the performance.
Crude Oil Prices Tumbled Almost 6% in Single Trading Session
The US benchmark March WTI crude oil futures contracts fell by 6.0% and closed at $31.62 per barrel on February 1, 2016. Global benchmark Brent oil futures fell 1.4% and closed at $34.24.
Brent and WTI Crude Oil Prices Diverge
December WTI crude oil futures contracts fell marginally by 0.52% and closed at $40.54 per barrel on Thursday, November 19, 2015.
What Chevron’s PEG Ratio Reveals
Chevron’s PEG ratio stands at 0.16, which is below the peer average of 0.22.
Why Are Offshore Rigs Going Steady?
The offshore rig count is nearly 56% off its four-year high of 66. It reached that level in August 2014. In the last year, the offshore rig count fell by 31.
Has Shell Stock Outperformed SPY in 4Q17 So Far?
Shell’s 3Q17 EPS stood 46% higher than its 3Q16 adjusted EPS.
Why Did US Stock Indices Rise?
Treasury yields fell across the yield curve last week after the US Department of Labor reported that the economy added fewer jobs in April.
Chevron: Analysts’ Recommendations
In January, 23 analysts rated Chevron (CVX). Among the analysts, 17 (or 74%) recommended a “buy” or “strong buy.”
Texas Contributes 40% of US Crude Oil Production
The US is the third-largest country by area in the world. However, US oil production is the world’s highest. Here’s a breakdown of its main oil regions.
How Chevron Stock Is Performing This Quarter
In this series, we’ll review Chevron’s (CVX) market performance. We’ll begin by analyzing Chevron’s stock and moving averages this quarter, followed by its stock forecast range to the end of next quarter.
The Correlation of BP Stock with West Texas Intermediate in May
The correlation of BP (BP) stock with WTI (West Texas Intermediate) stood at 0.49 in May 2017.
The Correlation of Integrated Energy Stocks with WTI
XOM, RDS.A, and BP’s respective correlations with WTI stood at 0.44, 0.56, and 0.52 in the past one-year period.
US Dollar and China: Crude Oil Prices Fell for the Third Day
December WTI crude oil futures fell by 2.0% on November 6, 2015. Crude oil prices fell due to the appreciating US dollar and weak demand data from China.
Overview: An introduction to Mars pipelines’ expansion program
Mars’ mainline capacity is a 54-mile segment from the connections to Ursa and Medusa at the West Delta to the connection with the Amberjack pipeline at Fourchon, Louisiana.
Tullow Oil Leads EWU by 1.30%, EWU Down by 0.52%
Although oil prices rose across the US and the UK markets, along with the US oil inventory’s fall—which greatly benefited the energy sector—EWU dipped on August 31.
ExxonMobil or Chevron: Which Is the Oil Stock for 2020?
ExxonMobil and Chevron have faced harsh business conditions this year. Crude oil prices have risen, but they are still lower than last year, on average.
How Does Saudi Aramco’s Production Compare to Its Peers?
Saudi Aramco’s production accounted for 27% of OPEC’s average production in 2015. After Saudi Arabia, Iraq and Iran have the highest production in OPEC.
Why is Shell expecting to increase revenue and earnings by 2015?
Revenues from the Bengal refined pipeline operation is expected to decrease by 6% from 2013 to 2015 level.
Will Crude Oil Futures Fall from 2-Month Highs?
US crude oil (XLE) (XOP) (USO) futures contracts for September delivery fell 2% and closed at $49.16 per barrel on August 1, 2017.
Lower Oil Prices: BP Stock Has Fallen 18% in Q4 2018
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.
What Is Chevron’s Cash Flow Strategy?
In the first nine months of 2016, CVX’s cash flow from operations stood at $8.9 billion, falling from $14.9 billion in the first nine months of 2015.
Why Petrobras’ investors should watch Brazil’s energy policies
PBR’s oil and gas production from Brazil accounted for more than 90% of its total upstream energy production. Approximately 96% of its total reserves were in Brazil in 2013.
How’s Chevron’s Leverage Curve Trending?
Chevron (CVX) is focused on maintaining balance sheet strength, a crucial element of which is debt. Let’s analyze how Chevron’s leverage curve is shaping up.
Shell Reports Sharp Fall in 2Q15 Profit but Makes Daring Moves
Oil giant Royal Dutch Shell reported a 2Q15 profit of $3.4 billion, a 33% fall from $5.1 billion over 2Q14 using a current cost of supplies basis.
How Did Total’s Upstream Segment Perform in 4Q15?
Total’s upstream projects include West Franklin Phase 2, Eldfisk II, and Termokarstovoye.
An essential analysis of ExxonMobil’s balance sheet
On a combination of several factors such as its earnings, share buybacks, and XTO acquisition, XOM’s balance sheet has grown.
What Affected XOM, CVX, RDS.A, and BP in 1Q18
In 1Q18, ExxonMobil (XOM) stock fell 12.3%, more than peers Chevron (CVX), BP (BP), and Royal Dutch Shell (RDS.A), which fell 10.6%, 4.3%, and 6.2%, respectively.
Shell’s Valuation Compared to Its Peers
Shell is trading at a forward PE of 13.8x, below its peer average of 17.6x.
Major Events That Impacted ExxonMobil and BP in 3Q17
This series reviews the 3Q17 market performance of four leading integrated energy stocks—ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP). We’ll also examine company-specific news that impacted these stocks.
Must-know: The assets of the Shell Midstream Partners
Zydeco is a wholly owned subsidiary of SPLC, the general partner of Shell Midstream.
ExxonMobil investors should be concerned about returns
Exxon Mobil’s underperformance over the industry index and the broader market signals investors’ lack of confidence in the company’s performance.
Chevron Budgets 2019 Capex at Upper End of Guidance Range
Chevron (CVX) plans to spend $20 billion on capex in 2019, which is at the upper end of its guidance range of $18 billion–$20 billion for the coming years.
Crude Oil Prices Fell and Snapped the 3-Day Rise
Market surveys from Bloomberg suggest that crude oil stocks could rise by 2.3 MMbbls for the week ending October 30. This is weighing on crude oil prices.
UK Stock Market Perturbed by Global Concerns
The UK stock market is being affected by global concerns about sustainability, financial recovery, global consumption, commodities, and basic materials.
Crude Oil Prices Fell, USO Fund Flow Hit a Record
WTI crude oil futures contracts for December delivery fell slightly by 0.37% on November 20. Crude oil prices were volatile for the second day.
