On June 17, 2014, Royal Dutch Shell plc (ADR) (NYSE:RDS.A), plans to reduce its holding in the second-largest Australian oil company, Woodside Petroleum, to just 4.1%. The Anglo-Dutch company plans to sell nearly 19% of its stake in order to offload non-core assets and free up cash for new projects. Royal Dutch Shell plc (ADR) (NYSE:RDS.A), on last trading day company shares ended up $82.37.
Statoil ASA(ADR) (NYSE:STO), was the target of a large growth in short interest in May. As of May 30th, there was short interest totalling 4,122,901 shares, a growth of 56.4% from the May 15th total of 2,636,959 shares,Stock Ratings Network reports. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,532,662 shares, the days-to-cover ratio is presently 2.7 days. Statoil ASA(ADR) (NYSE:STO), fell 0.74% in last trading session and ended the day on $30.83. STO, Gross Margin is 52.40% and its return on assets is 7.40%. Statoil ASA(ADR) (NYSE:STO), quarterly performance is 13.39%.
BP plc (ADR) (NYSE:BP), was the target of unusually large options trading on Monday. Stock traders bought 7,847 put options on the stock, AnalystRatings.Net reports. This represents an increase of 336% compared to the average daily volume of 1,798 put options. BP plc (ADR) (NYSE:BP), shares moved up 0.29% in last trading session and was closed at $52.75, while trading in range of $52.47 – 52.95. BP plc (ADR) (NYSE:BP), year to date (YTD) performance is 11.08%.
On June 25, 2014, Chevron Corporation (NYSE:CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, August 1, 2014, at 11:00 a.m. ET (8:00 a.m. PT). Chevron Corporation (NYSE:CVX), ended the last trading day at $130.55. Company weekly volatility is calculated as 1.18% and price to cash ratio as 15.36. Chevron Corporation (NYSE:CVX), showed a negative weekly performance of 1.83%.
On June 24, 2014, LUKOIL (ADR) (OTCMKTS:LUKOY), plans to acquire 37.5% interest in the Etinde production sharing agreement offshore Cameroon from Bowleven PLC (OGJ Online, Feb. 25, 2013). Lukoil said the transaction will be completed upon approval by Bowleven shareholders and the government of Cameroon. LUKOIL (ADR) (OTCMKTS:LUKOY), on last trading day company shares
ended up $59.82.