Sentences with phrase «share prices of oil»

It's no longer confined to campuses; city governments and religious denominations have begun to unload their stakes in oil companies, and the movement is even spreading to self - interested investors now that HSBC has calculated that taking climate change seriously could cut share prices of oil companies by up to 60 percent.

The share prices of oil, gas and coal companies depend in part on their reserves.

When the pair studied the share prices of oil companies and alternative - energy technology companies, and estimated the rate of change of future investment, they found that investors do not expect the replacement of oil - based fuels with renewables for another 131 years.

Share prices of oil sands players are down by roughly half since the recession and have shown few signs of perking up for the last several years running.

Not exact matches

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

The share price of the Netherlands - based construction company, which specializes in the oil and gas industry, was halved in 2014.

The company said in February that it planned to buy back up to $ 5 billion of stock over 2018 - 2020 to share the benefits of higher oil prices with investors.

«In addition, the group bought back a further $ 300 million of shares to return to shareholders part of the benefit realized from higher oil prices,» Pouyanne said.

NEW YORK, April 13 - Oil prices extended recent gains and a gauge of global stocks eased on Friday as concern over a broader conflict in Syria left investors nervous, while U.S. bank shares led Wall Street lower.

Given that the economic benefits of the pipelines are, for the most part, due to an induced increase in the price of oil, the lion's share of these accrue to the Alberta government and to firms operating in Alberta.

Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.

It notes that shares of Exxon tend to perform better against a relatively stable oil price backdrop.

This billionaire inrnthe oil and gas businessrnsaw his pilernshrink somewhat this year withrnthe declining share price of CanadianrnNatural Resources, the firmrnhe shepherded to the peak ofrnthe country's energy market.rnEdwards, who is also the ownerrnof the Calgary Flames, has hadrnother issues on his mind, however — this fall he has been anrninfluential player in the NHLrnlockout negotiations.

And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.

In preparation for testimony before the House of Commons finance committee in Ottawa on March 10, I pulled together some thoughts on three aspects of the impact of the oil - price crash on oil sands projects and policies, and I thought I'd share them with you here over this and the next couple of posts.

Cenovus reported fourth - quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.

After an ugly six weeks in January and February when stocks and oil prices tumbled in tandem, shares in the U.S. and much of the rest of the world have recovered nicely, with the S&P 500 on track to rise by just under 10 % for the year.

Shares of early reporter Hess Corp, an E&P company, rose 1.8 percent on Wednesday after it reported a smaller - than - expected quarterly loss, thanks to expense cuts and the rise in oil prices.

CALGARY — Cenovus Energy Inc. (TSX: CVE) is raising $ 1.5 billion through the sale of 67.5 million common shares in a move aimed at shoring up its balance sheet in the face of oil prices that have fallen to half the level of June.

Banks, which lend heavily to the energy sector and represent a rather large share of the Canadian market, would see less earnings volatility if oil prices were to stabilize.

Canadian energy company shares are trading at levels not seen since the depths of the 2008 crisis, levels that can only be justified if the global economy falls into another recession and oil prices drop by half.

OPEC hopes to regain market share from expensive unconventional oil and renewable energy, and to renew demand for oil through several years of low oil prices.

Armed with such results, Shell and Total are in payback mood to investors, buying back shares after diluting stakes with scrip dividends - consisting of shares rather than cash - introduced after the price crash which sent oil prices as low as $ 28 a barrel.

All of this makes Sun Edison a renewable energy powerhouse no matter what the price of oil, which is clearly evident given the company's share price.

Shares of energy companies are set to book their steepest monthly drop in August since the end of 2015, when the oil price crash was in full swing.

Despite the unforeseen fall in oil prices in 2014, the Conservative government, with a lot of slight of hand (reduction in contingency reserve, selling GM shares at fire sale prices, optimistic economic and oil price assumptions), produced a budget that financed all of its pre-election promises, while still leaving a surplus of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.

Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.

The share price of Carrizo Oil & Gas, an Eagle Ford - focused shale driller, has plunged by as much as 15 percent over the past week.

Crude oil price volatility rose significantly, driven by the desire of some large producing countries to capture greater market share by driving prices down sharply.

Despite the premier's statement that,» it isn't the price of oil in Texas that is causing the real problem,» I would argue that it was the lion's share of the problem, or at least a good barometer for the problem.

The holding most directly connected to oil's price decline is Rowan, shares of which we had eliminated from the portfolio only one quarter ago.

With the price of oil declining to the mid - $ 70 range and next year's budget being prepared, Jonathan Teghtmeyer has shared 9 ways that Alberta could better manage our resources.

Joint cuts of 1.8 million b / d have reduced OECD oil inventories towards their five - year average and cleared most of the global glut, with the Saudis cutting even deeper than agreed in an attempt to lift prices well above US$ 80 before selling off shares in Aramco.

TOKYO (AP)-- Asian shares were mixed in early trading on Thursday after an overnight reversal from losses on Wall Street, thanks in part to a pickup in the price of crude oil.

Now, investors are eyeing an OPEC meeting on November 27 to see whether the organization could even cut prices further in an attempt to retain its global market share, particularly in the face of competition from the U.S. where oil production has increased thanks to the shale gas industry.

Investors seem to believe that those yields are relatively safe, unlike yields from oil and gas partnerships, some of which are in the stratosphere due to the plunge in share prices.

Shares in energy companies fell as the price of U.S. crude oil declined.

Business columnists highlighted a 6 % to 8 % drop in share price at MEG Energy, Trilogy and Cenovus, but they failed to mention that Suncor, Husky and Imperial dropped less than half that amount (about 3 %) and that all energy stocks were up by the close of business Friday due to higher crude prices and «a more positive sentiment for things oil - related these days.»

Analysts earlier this year were expecting the earnings headwinds of falling oil prices and a stronger U.S. dollar to diminish, driving better earnings - per - share growth in the U.S. by the end of 2016.

In early 2016, when Prince Mohammed bin Salman first unveiled plans to list shares in the oil behemoth, he boasted about a price tag of $ 2 trillion.

The venerable oil and gas giant lost its AAA rating from Standard and Poor in April 2016, which thought a symbolic loss (it shared the rating with Microsoft and Johnson & Johnson) indicated the damage wrought by years of low prices and some pretty terrible luck, notably Tillerson's lost $ 500 billion deal in Russia as the result of Western sanctions.

Despite that big production boost and higher oil prices, Halcon Resources posted an adjusted quarterly loss of $ 8.7 million, or $ 0.06 per share, which was a $ 0.03 - per - share deeper loss than analysts expected.

As I shared with you earlier this month, oil prices climbed to two - year highs following Saudi Arabia's purge of princes and ministers.

NEW YORK Oil prices extended recent gains and a gauge of global stocks eased on Friday as concern over a broader conflict in Syria left investors nervous, while U.S. bank shares led Wall Street lower.

Russian equity prices weakened towards the end of October following the arrest of the chief executive of Russia's largest oil company and the freezing of some of its shares.

Since 2009, the share prices of the world's top five publicly traded oil and gas companies have posted less than a fifth of the gains of the Dow Jones Industrial Average.

The official share of bad loans in Russian banks is now 10 %, compared with 6 % before oil prices collapsed.

The OPEC countries were able to obtain a considerable share of the wealth of the world by combining to raise the price of their oil exports.

Increased demand from consumers such as Saudi Arabia and Russia, buoyed by strong oil prices, coupled with exports to traditional trading partners such as Japan, is benefiting the Australian dairy sector, which has a 17 per cent share of global cheese exports.

David Neuman, CEO of Gaea US elaborated on the significance behind the recent achievements, sharing, «The fact that an affordable Extra Virgin Olive Oil from Greece placed higher than a premium - priced bottle from Italy or Spain is proof that Greece needs to be in the conversation when talking about the best olive oils in the world.