Chevron Corporation (NYSE:CVX) announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related export pipeline interests to the Republic of Chad for approximately $1.3 billion. Chevron Corporation (NYSE:CVX) net profit margin is 9.10% and weekly performance is 2.47%. On last trading day company shares ended up $127.26. Analysts mean target price for the company is $131.40. Chevron Corporation (NYSE:CVX) distance from 50-day simple moving average (SMA50) is 3.96%.
ConocoPhillips (NYSE:COP) started with a Hold rating and given an 89 price target at Jefferies. ConocoPhillips (NYSE:COP) shares advanced 0.27% in last trading session and ended the day on $83.08. COP gross Margin is 44.60% and its return on assets is 7.70%.ConocoPhillips (NYSE:COP) quarterly performance is 25.86%.
The U.S. government on 11 June Wednesday asked a Louisiana federal judge to order BP PLC(ADR) (NYSE:BP) to provide a witness to testify as to how the oil giant has accounted for costs related to the Deepwater Horizon disaster, contending that the documentation BP has provided thus far doesn’t explain the accounting system. BP plc (ADR) (NYSE:BP) shares moved up 0.66% in last trading session and was closed at $51.68, while trading in range of $51.55 – $52.05. BP plc (ADR) (NYSE:BP) year to date (YTD) performance is 8.82%.
A takeover of Anadarko Petroleum Corp. (NYSE:APC) by Exxon Mobil Corp. (NYSE:XOM) is “unlikely,” J.P. Morgan analysts said in a report Thursday following speculation this week of an acquisition. Exxon Mobil Corporation (NYSE:XOM) ended the last trading day at $102.65. Company weekly volatility is calculated as 1.03% and price to cash ratio as 78.70.Exxon Mobil Corporation (NYSE:XOM) showed a positive weekly performance of 1.03%.
Hess Corporation (NYSE:HES) begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.25 per share is scheduled to be paid on June 30, 2014. Hess Corp. (NYSE:HES) net profit margin is 17.10% and weekly performance is 3.08%. On last trading day company shares ended up $95.95. Analysts mean target price for the company is $98.81. Hess Corp. (NYSE:HES) distance from 50-day simple moving average (SMA50) is 8.49%.