Oil & Gas Stocks In News: BP plc (ADR) (NYSE:BP), Total SA (NYSE:TOT), ConocoPhillips (NYSE:COP), Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM)

BP plc (ADR) (NYSE:BP), plans to invest $1.5 billion this year to increase its production of natural gas in Egypt, hit by an energy crisis following three years of political turmoil, the state news agency MENA said on Sunday. BP plc (ADR) (NYSE:BP), net profit margin is 2.70% and weekly performance is 0.54%. On last trading day company shares ended up $50.56. Analysts mean target price for the company is $51.58. BP plc (ADR) (NYSE:BP), distance from 50-day simple moving average (SMA50) is 5.03%.

On May 09, 2014, Shares of Total SA (ADR) (NYSE:TOT), were down by 1.3% after the announcement of the result for its first quarter 2014 (1Q2014). Total’s net profits in were down by 10% to $1.46 per diluted shares due to declining in oil and gas output and lower margins from the European refineries. Total SA (ADR) (NYSE:TOT), fell 1.53% in last trading session and ended the day on $71.62. TOT, Gross Margin is 29.40% and its return on assets is 5.80%. Total SA (ADR) (NYSE:TOT), quarterly performance is 23.08%.

Exploration and production giant ConocoPhillips (NYSE:COP), is reaping the rewards of independence. After spinning off its downstream unit, Conoco is now an upstream pure-play, and its results reflect the benefits of being unchained from refining. ConocoPhillips (NYSE:COP), shares moved up 0.82% in last trading session and was closed at $77.64, while trading in range of $ 76.91 – 77.65. ConocoPhillips (NYSE:COP), year to date (YTD) performance is 11.07%.

On May 07, 2014, Chevron Corporation (NYSE:CVX), announced it has reached a settlement agreement with Patton Boggs LLP, a lobbying and law firm headquartered in Washington, D.C. Chevron had filed counterclaims in federal court against Patton Boggs for its role in a lawsuit against the company in Ecuador. Chevron Corporation (NYSE:CVX), ended the last trading day at $125.03. Company weekly volatility is calculated as 1.04% and price to cash ratio as 14.41. Chevron Corporation (NYSE:CVX), showed a positive weekly performance of 0.25%.

Stock analysts at Argus raised their price target on shares of Exxon Mobil Corporation (NYSE:XOM), from $104.00 to $114.00 in a report issued on Thursday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Argus’ target price would indicate a potential upside of 10.56% from the company’s current price. Exxon Mobil Corporation (NYSE:XOM), net profit margin is 9.80% and weekly performance is -0.06%. On last trading day company shares ended up $101.95. Analysts mean target price for the company is $100.89. Exxon Mobil Corporation (NYSE:XOM), distance from 50-day simple moving average (SMA50) is 4.46%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *