|Bid||9.25 x 44000|
|Ask||9.31 x 75400|
|Day's range||9.03 - 9.30|
|52-week range||6.21 - 9.78|
|PE ratio (TTM)||N/A|
|Earnings date||13 Feb. 2018 - 16 Feb. 2018|
|Forward dividend & yield||0.39 (3.60%)|
|1y target est||9.58|
Many investors are wary about investing in oil stocks as the price of crude could collapse as the world moves to embrace electric vehicles. But there's a more powerful driver for oil prices that most investors are unaware of.
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The Beach Energy Ltd (ASX:BPT) share price ended last week on a high, up almost 7% in Friday trading to close just under $1.40. But it’s really been on a tear for the last 6 months, more than doubling in value since July 2017. What’s driving these rapid gains in the company’s share price, and will they continue into 2018?
Origin Energy has reaffirmed its full-year earnings guidance even as it lifts generation from its biggest power plant to take advantage of higher prices. The energy producer and retailer said it now expects electricity generation at its Eraring plant in NSW to be in the range of 15.5 to 16 terra watt hours in 2017/18, up from its previous forecast of 14.6 to 15.6 TWh, which was already between five and 10 per cent higher than the previous year's output. With a capacity of 2,880 megawatts, Eraring is now Australia's largest coal-fired power station.
Origin Energy has reaffirmed its full-year guidance for underlying earnings to be in the range of $1.7 billion to $1.8 billion. The energy producer and retailer said its share of gas production at the Australia Pacific liquefied natural gas project in Queensland will be between 245 and 265 petajoules, and flagged that it is targeting annual cost reductions of more than $500 million over 18 months at the joint venture.
REDWOOD CITY, Calif.--(BUSINESSWIRE)-- C3 IoT , the leading AI and IoT software platform provider for digital transformation, has expanded business operations to the Asia Pacific (APAC) region with a new ...
REDWOOD CITY, Calif.--(BUSINESSWIRE)-- Constellation Research honored Origin Energy (ASX: ORG), Australia’s leading integrated energy company, with the 2017 SuperNova Award recognizing Origin’s leadership ...