Stock-Callers.com has lined up four major players in the Integrated Oil and Gas space to see how current oil prices have influenced their most recent performances. These stocks are: Statoil ASA (NYSE: STO), Royal Dutch Shell PLC (NYSE: RDS-B), TOTAL S.A. (NYSE: TOT), and Eni SpA (NYSE: E). On Thursday, January 05th, 2017, oil prices traded near an 18-month high on upbeat sentiment that major oil producers will reduce output. Sign up today and download for free the research reports for the stocks covered today at:
Stavanger, Norway headquartered Statoil ASA’s stock finished Thursday’s session 2.21% higher at $18.97. A total volume of 2.72 million shares was traded, which was above their three months average volume of 2.31 million shares. Over the last month and the previous three months, the Company’s shares have advanced 7.05% and 12.79%, respectively. Additionally, the stock has gained 4.00% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 10.29% and 16.95%, respectively. Moreover, shares of Statoil, which explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally, have a Relative Strength Index (RSI) of 70.66. STO complete research report is just a click away at:
Royal Dutch Shell
Shares in The Hague, the Netherlands headquartered Royal Dutch Shell PLC rose 0.42%, ending yesterday’s session at $59.39, with a total trading volume of 1.68 million shares. The stock has gained 6.99% in the past month, 10.11% in the previous three months, and 2.45% on an YTD basis. The Company’s shares are trading 8.34% above their 50-day moving average and 14.73% above their 200-day moving average. Moreover, shares of Royal Dutch Shell, which operates as an independent oil and gas company worldwide, have an RSI of 72.32.
On January 05th, 2017, Epsilon®, an Alliance Data® company, and Shell, an affiliate of the Royal Dutch Shell, signed a new multiyear agreement for marketing technology services that will deliver targeted communications to Shell customers. The marketing technology solution will build long-term brand loyalty through improved customer experience and personalized offers.
On Thursday, Courbevoie, France headquartered TOTAL S.A.’s stock climbed 1.23%, to close the day at $51.75. A total volume of 1.24 million shares was traded. The Company’s shares have advanced 8.87% in the last one month, 8.69% in the previous three months, and 1.53% on an YTD basis. The stock is trading 8.34% above its 50-day moving average and 10.81% above its 200-day moving average. Additionally, shares of TOTAL, which operates as an integrated oil and gas company worldwide, have an RSI of 72.80.
On December 21st, 2016, Total and Petrobras signed an Assets Package Agreement in the framework of their Strategic Alliance announced in October 2016. This agreement reinforces the joint partnership and cooperation between the two companies, in the Upstream and Downstream sectors, covering operations, research and technology. Total will also become partner to Petrobras in two high-quality pre-salt licenses of the prolific Santos basin: the BMS-11 with the “Iara” fields currently under development where Total will acquire a 22.5% interest from Petrobras, and in the BMS-9 with the Lapa field which just entered into production and where Total will become the Operator of the license with the acquisition of a 35% interest from Petrobras.
Shares in Rome, Italy headquartered Eni SpA ended the day 1.19% higher at $33.21, with a total trading volume of 176,549 shares. The stock has gained 13.54% in the last one month, 11.71% in the previous three months, and 3.01% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 13.33% and 12.89%, respectively. Furthermore, shares of Eni SpA, which engages in the oil and gas, electricity generation and sale, petrochemicals, oilfield services construction, and engineering industries, have an RSI of 75.40.
On December 01st, 2016, Eni informed that a fire occurred on the Foukanda platform, located offshore the Republic of Congo. The platform was immediately evacuated and the fire was extinguished by the emergency teams, bringing the situation under control in a short time. The Company stated that Investigations to ascertain the causes of the fire are ongoing and further information will be provided as soon as available.
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The article first appeared in prnewswire.com