Inside ExxonMobil’s Stock ahead of Its 3Q17 Earnings
The overall rise in WTI (West Texas Intermediate) prices since July 3 has likely led ExxonMobil stock to deliver a positive return.
What Analysts Recommend for CVX after 2Q17 Earnings
Out of 26 analysts currently covering Chevron, 17 have assigned “buy” or “strong buy” ratings.
Why Chevron Trades at a Premium to Peers
Chevron’s valuation In the previous part, we discussed Chevron’s (CVX) historical valuation. In this part, we’ll compare Chevron’s forward valuation with peers’. Chevron (CVX) is now trading at a forward PE (price-to-earnings) ratio of 22.7x, above the peer average of 15.7x. ExxonMobil (XOM), PetroChina (PTR), and Petrobras (PBR) are also trading above the average. On […]
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.
Analyst Recommendations for Total: Majority Says ‘Buy’
Five of the seven firms covering Total (TOT) have rated it a “buy” or “outperform.”
How Did BP’s 2Q16 Earnings Stand up to Analyst Estimates?
BP reported its 2Q16 earnings on July 26. Its revenues missed analyst estimates by 4%. It reported a loss of $0.46 in EPS, but adjusted EPS stood at $0.23.
ExxonMobil’s Stock Performance ahead of Its 3Q16 Earnings
ExxonMobil’s (XOM) stock fell 19% from October 14, 2014, to January 20, 2016, due to a fall in crude oil prices. Since then the stock has recovered.
BP’s Year-to-Date Net Income Crashed on Special Charges
After analyzing BP’s (BP) 2Q15 performance by segment, we’ll now discuss its year-to-date (or YTD) revenues and earnings.
The Estimate for Suncor’s Stock Price until Its Earnings Release
Implied volatility in Suncor has risen from 22.8% on April 3, 2017, to its current level of 23.3%.
Why Nordic posts earnings increase, declares dividend
NAO’s initial fleet is providing services for Apache Corporation’s (APA) Apache North Sea Limited, BG International Limited (BRGYY), and Statoil Petroleum AS, a subsidiary of Statoil ASA (STO).
Has Shell Stock Risen before Its 4Q17 Earnings?
The rise in oil prices in 4Q17 likely supported Shell stock. Shell posted strong 3Q17 earnings. Shell’s adjusted EPS surpassed analysts’ estimate.
Venezuela’s Crude Oil Production Fell Again
Reuters estimates that Venezuela’s crude oil output decreased by 50,000 bpd to 1,450,000 bpd in May—compared to the previous month.
Why Most Analysts Are Calling Chevron a ‘Buy’
On December 12, 2016, Chevron (CVX) was rated by a total of 26 analysts, 17 of whom assigned “buy” or “strong buy” ratings on the stock.
What Is the Outlook for Europe-Focused Mutual Funds?
In this series, we have reviewed ten Europe-focused mutual funds in terms of their sectoral changes over the past year and the possible reasons for their performance in 2015.
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.
Analysts’ Recommendations for Chevron before 3Q15 Earnings
It terms of analysts’ recommendations for Chevron, approximately 53.3% of analysts rate Chevron a “hold,” 40% rate it a “buy,” and 6.7% rate it a “sell.” The average broker target price of $93.11 for CVX implies a ~3.4% return in the next 12 months.
Why BP Stock Is on the Rise This Quarter
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.
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.
ExxonMobil’s Upstream Portfolio: How Is Growth Trajectory Shaping Up?
ExxonMobil (XOM) expects five of its major upstream projects to start production in 2017 and 2018.
Has Chevron’s Stock Value Risen since September?
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.
China Gives Leap Year Gift to Banks: Effect on Crude Oil Prices
April WTI (West Texas Intermediate) crude oil futures contracts trading on NYMEX rose 3.0% and closed at $33.75 per barrel yesterday. Brent crude oil prices also rose 2.5% and settled at $35.97 per barrel.
Norwegian Krone Extended Appreciation Trend Last Week
The Norwegian krone appreciated against the US dollar on October 9, 2015, as a result of positive inflation data.
Analyzing the Energy and Metals Sector on November 14
The companies in the energy sector were mixed on November 14. The major ETFs related to the energy sector such as USO and DBO rose 1.0% and 0.62%.
Charting BP Stock before Its 3Q17 Results
Since July 3, the beginning of 3Q17, WTI (West Texas Intermediate) crude prices have been considerably impacted by Hurricane Harvey.
Where Do Analysts’ Ratings for Shell Stand Prior to 4Q16?
Shell has been rated by a total of 12 analysts. Of this total, 11 analysts, or 92%, have assigned “buy” or “strong buy” ratings on the stock.
How Has ExxonMobil Stock Performed Compared to SPY?
ExxonMobil stock has risen 6.1% in the past three months. Comparatively, Total and Petrobras have risen 7.7% and 5.8%, respectively, in the same period.
Why Did the Crude Oil Volatility Index Test a Record High?
The Crude Oil Volatility Index rose to the highest level in seven years on February 12, 2016. Crude oil’s price volatility started to dip in early December 2015.
Overview: An introduction to MarkWest Energy Partners
MarkWest Energy Partners L.P., (MWE) is a master limited partnership (or MLP) that provides natural gas gathering, processing, and transportation services to natural gas producers.
Target Prices for Chevron ahead of Q1 Earnings
In this series, we reviewed the estimates for Chevron’s (CVX) 1Q18 earnings. We then looked at its segmental outlook and stock performance before its earnings release.
Analyst Recommendations for CVX after Its 3Q15 Earnings
Here we’ll discuss Wall Street analyst recommendations for CVX following its 3Q15 results. Wall Street analysts provided target prices for the next 12 months.
PCE Inflation Expected to Remain Low for Now, but on Path to 2%
The July 2016 meeting minutes showed that policymakers expect PCE inflation to remain low in the short term, primarily because of the lingering effect of the fall in crude oil prices.
Shell’s Valuation Compared to Its Peers
Shell is trading at a forward PE of 13.8x, below its peer average of 17.6x.
Chevron Ranks 6th in the Top 10 Integrated Energy Stocks
Chevron stock has risen 1.9% since October 2, 2017, underperforming the SPDR S&P 500 ETF (SPY).
Total’s Forward Valuation: Peer Comparison
In the previous part of this series, we discussed Total’s historical valuation trends. Now we’ll compare its forward valuation with that of its peers.
Shell’s Next Dividend Payment: What Wall Street Expects
In the previous part of this series, we looked at Royal Dutch Shell’s (RDS.A) stock price estimate up to March 30, based on current implied volatility.
Why you should monitor changes in Petrobras’ cost structure
Despite per unit cost improvement, Petrobras’ (PBR) 2014 year-to-date (or YTD) gross profit decreased to $16.7 billion—from $18.4 billion in the first half of 2013.
Which Integrated Energy Stocks Are Rising This Week?
This week, which started on October 9, 2017, China National Offshore Oil (CEO) is at the top of the list of gainers in the integrated energy sector.
Eni’s Segment Dynamics: The Impact of Restructuring
Eni (E), an integrated energy major, has three segments: Exploration & Production (or E&P), Gas & Power (or G&P), and Refining & Marketing (or R&M).
Sector Composition Changes in FHJUX until 1Q16
FHJUX’s assets were spread across 73 holdings as of March 2016, which is six less than a quarter ago. It was managing assets worth $1.3 billion as of the end of March.
Why Is Short Interest in BP Declining?
BP (BP) has recently witnessed a fall in its short interest (as a percentage of outstanding shares)—from 0.6% at the end of May to its current level of 0.4%.
Chevron Stock Fell 2.4% Due to 4Q16 Earnings Miss
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.
Why Schlumberger’s international operations improved
In 3Q14, Schlumberger’s revenues from its international operations, or operations outside the U.S., increased 5% to $8.30 billion from $7.91 billion in 3Q13. Earnings before tax , or EBT, from its international operations increased 11% to $2.04 billion, from $1.84 billion in 3Q13.
Where Does Eni’s Implied Volatility Stand before Its Earnings?
Currently, Eni’s (E) 15-day average implied volatility stands at 31.9. This is higher than the current daily volatility of 28.2.
What Do ExxonMobil’s Most Recent Valuations Reveal?
The premium valuation that XOM commands is presumably the result of its financial health in terms of lower debt compared to Shell and BP.
Analysts’ Recommendations for BP before 1Q16 Earnings
The highest 12-month target price for BP ahead of 1Q16 earnings is $43, indicating a 40% gain from current levels.
Reserve Bank of India Awaits More Inflation Developments
The RBI’s (Reserve Bank of India) primary gauge of measuring inflation is the CPI. In India, the WPI (wholesale price index) is another measure of inflation.
Is PCE Inflation Good Enough for a Rate Hike in 2016?
A sharp drop in PCE inflation was caused by the decline in crude oil prices that began in mid-2014.
What ExxonMobil’s Moving Averages Suggest ahead of Earnings
On April 3, 2017, ExxonMobil’s (XOM) 50-day moving average was below its 200-day moving average.
Energy Sector Fell, Metals Sector Was Mixed on November 29
The companies in the energy sector were lower on November 29. The major ETFs related to the energy sector such as USO and DBO fell 3.6% and 3.4%.
Who on Wall Street Downgraded Chevron ahead of Q2 Earnings?
In this series, we examined the estimates for Chevron’s (CVX) 2Q17 earnings. We also considered its segmental outlook and stock performance ahead of its earnings release.
High-grade bond supply spike triggers hope for record year
Last week was strong in terms of issuance volumes in the primary capital markets. High-quality bond issuance touched $51.3 billion across 42 issues in the week ending November 7.
Will 1Q18 Earnings Affect Analyst Ratings for BP?
BP plans to balance its organic cash flow at the oil price point of $50 per barrel in 2018.
ExxonMobil Announces Dividend Increase
ExxonMobil’s dividend payments have risen consistently in the past three decades.
Some Analysts Cut Target Price on ExxonMobil after 1Q18 Earnings
Eight analysts have assigned “buy” or “strong buy” ratings to ExxonMobil stock, 12 have assigned a “hold” rating, and three have assigned a “sell” or “strong sell.”
BP Stock: Pre-Earnings Price Forecast
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%.
How Analysts Rate ExxonMobil Stock ahead of 1Q18 Earnings
ExxonMobil (XOM) is a financially strong company with comfortable leverage and a good liquidity position.
What’s the Forecast for ExxonMobil Stock?
ExxonMobil stock could close between $80.8 and $74.9 per share in the next 14 calendar days ending April 27, 2018.
Why Short Interest in CVX Has Fallen ahead of Earnings
Chevron (CVX) has seen a fall in its short interest (as a percentage of outstanding shares) by 0.2 percentage points at the end of March to the current level of 1.1%.
Chevron’s Moving Averages ahead of Earnings
Before we look at Chevron’s (CVX) moving average since January 2, let’s briefly look at how moving averages trended until then.
What Do ExxonMobil’s Latest Moving Averages Suggest?
At the beginning of 1Q17, ExxonMobil (XOM) stock fell. ExxonMobil’s 50-day moving average, which stood below its 200-day moving average, slid further down.
Chevron’s Stock Forecast for the Rest of the Month
Implied volatility in Chevron (CVX) has risen by 7.7% since January 2 to the current level of 21.4%. The stock fell 10.9%.
A Closer Look at Shell’s Moving Averages in 1Q18
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).
Integrated Energy Stocks That Are on the Rise this Week
Continuing with the biggest movers in the energy sector, we’ll now look at the top gainers from the integrated energy sector in the US for the week that began on March 12.
How Statoil’s Dividend Yield Stacks Up with Peers
Statoil (STO) occupies the sixth slot on the list of top eight dividend-yielding stocks.
Why Are Wall Street Analysts Divided on ExxonMobil?
ExxonMobil (XOM) stock is covered by 24 Wall Street analysts. Seven of them (or 29%) have given the stock a “buy” or “strong buy” recommendation.
ExxonMobil Expects to Triple Its Upstream Earnings by 2025
ExxonMobil has a robust project pipeline, which is expected to bring significant growth to the company.
What BP’s Moving Averages Indicate
BP surpassed its earnings estimates for 4Q17, as its upstream earnings rose year-over-year.
Will Analysts Raise Ratings for BP after 4Q17 Earnings?
Post-earnings, BP has been rated by a total of 11 analysts. Of the total, five analysts have assigned “buy” or “strong buy” ratings, five have assigned “hold” ratings, and one has assigned a “sell” rating on the stock.
Chevron’s Dividend Rises: Where Does Its Yield Stand after 4Q17?
CVX’s current dividend yield stands at 3.6%, which fell from its 1Q16 dividend yield of 4.9%.
Where Chevron’s Analyst Ratings Stand after Its 4Q17 Earnings
Of the 23 analysts covering Chevron, 13 analysts assigned “buy” or “strong buy” ratings, nine assigned “hold” ratings, and one assigned a “sell” rating for the stock
Chevron Stock Fell 6% on Its 4Q17 Earnings Miss
Chevron (CVX) announced its 4Q17 results on February 2, 2018. CVX opened the day at $123.90 per share, which was lower than its previous close of $125.60.
Chevron’s Moving Averages Trend Upward
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 […]
Statoil’s Dividend Yield: 5th Place in the Top 8 Integrated Energy Stocks
Statoil (STO) occupies the fifth position in our list of the top eight dividend-yielding stocks.
Statoil Ranks 5th in Top 10 Integrated Energy Stocks
Statoil stock has risen 3.6% in 4Q17, underperforming the SPDR Dow Jones Industrial Average ETF Trust (DIA). DIA has risen 9.0% in the same period.
Total Ranks 3rd in the Top 10 Integrated Energy Stocks
Total stock has risen 4.9% since October 2, 2017, underperforming the SPDR Dow Jones Industrial Average ETF Trust (DIA).
ExxonMobil Stock in 4Q17: 50 DMA Crosses over 200 DMA
During 4Q17, ExxonMobil (XOM) acquired exploration acreage in three deepwater offshore blocks in Mauritania.
Integrated Energy Gainers Last Week: TOT, PTR, STO, CEO, BP
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.
Chevron’s Stock Price Forecast Range after Its 3Q17 Earnings
When Chevron (CVX) reported its earnings on October 27, implied volatility in CVX stock fell 1.5% to 14.1% compared to the previous day.
Chart in Focus: Analyst Ratings for CVX after Its 3Q17 Earnings
Of the 24 analysts covering Chevron (CVX) stock, 16 analysts assigned “buy” or “strong buy” ratings, seven assigned “hold” ratings, and one assigned a “sell” rating.
Shell: Analysts’ Recommendations and Target Price
For Shell, ten analysts assigned “buy” or “strong buy” ratings, one assigned a “hold,” and no analysts assigned “sell” or “strong sell” ratings.
Your Pre-Earnings Price Forecast for BP Stock
The implied volatility of BP stock has fallen from 17.1% on July 3, 2017, to its current level of 16.7%. During the same period, BP stock has risen 10.7%.
Chart in Focus: BP’s Estimated Stock Price until December 31
Implied volatility in BP has fallen 4.9% over July 3, 2017, to the current level of 11.7%.
Suncor’s 50-DMA Crosses over Its 200-DMA
Suncor stock’s correlation coefficient versus WTI for the past one-year period stood at 0.67, implying a strong positive correlation.
Statoil Stock Ranks 2nd in the Top 10 Integrated Stocks
Statoil (STO) stock’s correlation coefficient versus WTI for the past one-year period stood at 0.67, implying a strong positive correlation.
What Analysts Estimate for Shell’s Dividend Payment
Royal Dutch Shell’s (RDS.A) dividend payments have remained constant in the past few years.
Shell on the Street: Analyst Ratings after the 2Q17 Earnings
Of the 11 analysts tracking Shell, ten (91%) analysts have assigned “buy” or “strong buy” ratings, while one (9%) has assigned a “hold” rating.
What’s the Forecast for ExxonMobil’s Stock Price?
Implied volatility in ExxonMobil has fallen from 14.9% on April 3, 2017, to 13.6% to date.
Suncor’s Stock Performance before Its 2Q17 Earnings
Overall, Suncor stock has fallen 4.8% since April 3, 2017.
Inside ExxonMobil’s Stock Performance before the 1Q17 Earnings
ExxonMobil stock ended 2016 on a high note due to the rise in oil prices.
Shell’s Volatility: A Look at Its Beta
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 […]
A Look at Short Interest in Chevron
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 […]
Comparing Chevron’s Beta with Peers’
Chevron’s beta In this part, we’ll compare Chevron’s (CVX) beta with peers’. We have considered the 90-day beta, which depicts how much a stock moves for a given move in the market for 90 days. Chevron’s 90-day daily beta stands at 0.73, the lowest in the integrated energy sector. In comparison, Total’s (TOT), Statoil’s (STO), […]
Why Most Analysts Rate Chevron a ‘Buy’
Analyst ratings for Chevron Chevron (CVX) has been rated by 25 analysts. Of the total, 17 analysts have given “buy” or “strong buy” ratings, eight have given “hold” ratings, and none have given “sell” or “strong sell” ratings on the stock. These ratings have improved from March 2016, when Chevron had fewer “buy” ratings, more […]
Gauging ExxonMobil’s Volatility by Beta
ExxonMobil’s beta stands at 0.96 for the past-90-day period—higher than peers Chevron, BP, and Royal Dutch Shell.
Analysts’ Ratings for ExxonMobil after Its Earnings
Six analysts gave ExxonMobil a “buy” rating, 13 analysts gave it a “hold” rating, and seven analysts gave it a “sell” rating after its 4Q16 earnings.
Analysts’ Ratings for Chevron after Its Earnings
After its earnings, 18 of the analysts assigned “buy” ratings to Chevron, eight analysts assigned “hold” ratings, and none of them assigned “sell” ratings.
Has Implied Volatility in ExxonMobil Fallen Pre-Q4 Earnings?
Implied volatility in ExxonMobil (XOM) is currently 16.0%. On January 11, 2017, it was 18.0%.
Has Short Interest in ExxonMobil Fallen?
ExxonMobil (XOM) has witnessed a 35% fall in its short interest volumes since September’s end 2016.
ExxonMobil’s Beta: Is XOM Less Volatile Compared to Its Peers?
In this article, we’ll compare ExxonMobil’s (XOM) beta with those of its peers. We’ve considered the companies’ 90-day betas.
Is Shell’s Leverage Still Trending Higher?
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.