|Bid||53.03 x 900|
|Ask||53.02 x 1800|
|Day's Range||52.74 - 53.18|
|52 Week Range||49.70 - 65.69|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||12.05|
|Forward Dividend & Yield||0.11 (0.22%)|
|1y Target Est||72.00|
The deal is expected to trigger an open offer to public shareholders of Adani Gas, and Total may end up having a roughly equal stake in the company as billionaire promoter Gautam Adani, the report said. Adani Gas, an arm of Adani Group, operates a distribution pipeline network of over 6,000 km and caters to nearly 350,000 retail customers, the report said. Total and Adani Gas were not immediately available for comment.
The divestment of non-core assets in the southern Midland Basin is in sync with Callon Petroleum's (CPE) deleveraging targets.
Which Integrated Energy Companies' Earnings Could Jump in 2019?(Continued from Prior Part)Total’s growth estimateWall Street analysts estimate Total’s (TOT) earnings to rise in 2019. Total is a French integrated energy company with exploration
Let's rank integrated energy stocks based on their estimated earnings growth. We'll also assess their valuations and dividend yields.
Marking a major victory for the Bolsonaro government and Petrobras (PBR), the court rules that state-held companies do not require congressional approval to jettison their subsidiaries.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Valero Energy, Chevron, Exxon Mobil and TOTAL
The Mozambique LNG contract will be reflected in McDermott International's (MDR) backlog after Anadarko makes a final investment decision on the project, which is expected in June 2019.
The head of Papua New Guinea-focused energy firm Oil Search Ltd said he did not expect to make any significant new concessions on a gas deal it and ExxonMobil Corp hope to strike with the South Pacific nation's new leader. Commodity and energy firms with projects in the resource-rich archipelago like Oil Search have been closely watching the agenda of Prime Minister James Marape since his election by parliament last week on a platform of economic reform. A policy speech Marape made on Wednesday offered investors some relief as he said changes would be slow.
Marathon Oil's (MRO) high emphasis on exiting the non-core business is in sync with its objective of focusing on U.S. shale plays and strengthening balance sheet.
TOTAL (TOT) continues to expand LNG operation across the globe through startups and acquisitions. This in turn will boost its LNG portfolio to 40 Mtpa by 2020.
New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years. Marape, a former finance minister, had the firms on notice last week when he was elected and promised he would be "taking back" the economy after the resignation of his predecessor, Peter O'Neill.
Cheniere Energy's authorization of a stock buyback program of $1 billion over the next three years boosts investors' confidence on the stock.