Gazprom and Eni SpA (ADR) (NYSE:E) agreed Friday to revise the terms of the agreement by which the Russian behemoth supplies gas to Italy’s largest energy company by market value. The agreement, signed in Russia, reduces the price Eni pays by changing the price indexation to bring it in line with market prices, Eni said in a news release. The terms apply retroactively to the beginning of this year. Eni SpA (ADR) (NYSE:E) net profit margin is 6.00% and weekly performance is 2.91%. On last trading day company shares ended up $51.22. Analysts mean target price for the company is $52.25. Eni SpA (ADR) (NYSE:E) distance from 50-day simple moving average (SMA50) is 4.27%.
Phillips 66 (NYSE:PSX) has been given an average recommendation of “Buy” by the fourteen ratings firms that are presently covering the stock, American Banking and Market News reports. Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $82.50. Phillips 66 (NYSE:PSX) shares fell -0.42% in last trading session and ended the day on $82.03. PSX gross Margin is 13.60% and its return on assets is 13.50%.Phillips 66 (NYSE:PSX) quarterly performance is 8.23%.
On 14 May 2014 the annual general meeting of shareholders in Statoil ASA (ADR) (NYSE:STO) adopted the annual report and accounts for Statoil ASA for 2013, as proposed by the board of directors. The annual accounts and the annual report for Statoil ASA and the Statoil group for 2013 were approved, and a dividend of NOK 7.00 per share will be distributed. The dividend accrues to the shareholders as of 14 May 2014. Statoil’s shares listed on the Oslo Stock Exchange (Oslo Børs) will be traded ex-dividend as of 15 May 2014. American Depositary Shares (ADS) listed on the New York Stock Exchange will be traded ex-dividend as of 15 May 2014. The expected dividend payment for Statoil’s shares on Oslo Stock Exchange (Oslo Børs) is on 28 May 2014. The expected payment date for dividends in USD under the US American Depository Receipts (ADR) program is 4 June 2014. Statoil ASA (ADR) (NYSE:STO) shares moved up 0.10% in last trading session and was closed at $30.28, while trading in range of $30.20 – $30.37. Statoil ASA (ADR) (NYSE:STO) year to date (YTD) performance is 30.24%.
When Repsol SA (ADR) (OTCMKTS:REPYY) Chief Financial Officer Miguel Martinez received $5 billion of bonds from Argentina as compensation for its seized stake in oil producer YPF SA, he said it could take as long as two years to sell. Repsol SA (ADR) (OTCMKTS:REPYY) ended the last trading day at $27.59.
BG Group plc (ADR)(OTCMKTS:BRGYY)‘s stock had its “outperform” rating restated by equities researchers at Sanford C. Bernstein in a research report issued on Tuesday. They currently have a GBX 1,650 ($27.77) price objective on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 35.98% from the stock’s previous close. On last trading day company shares ended up $20.48.