Chevron and Transocean Evoke Memories of BP Oil Spill

Chevron Corp. (NYSE:CVX) experiences some backlash for the oil spill near Brazil: a $28,000,000. Moreover, Transocean (NYSE:RIG) is at risk of losing its operating license for the oil field according to Rio state’s environment secretary. These are all small penalties compared to the fallout from the much larger BP (NYSE:BP) oil spill.

Here’s how these stocks are trading on the news:

  • Chevron Corp. (NYSE:CVX): CVX shares recently traded at $95.66, down $2.22, or 2.27%. Its market capitalization is $190.51 billion. They have traded in a 52-week range of $80.41 to $110.01. Volume today was 15,001,963 shares versus a 3-month average volume of 10,567,300 shares. The company’s trailing P/E is 7.09, while trailing earnings are $13.50 per share. The company pays a dividend of $3.24 per share for a dividend yield of 3.30%. About the company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services. Get the most recent company news and stock data here >>
  • Transocean Ltd. (NYSE:RIG): RIG shares recently traded at $45.53, down $1.94, or 4.09%. Its market capitalization is $14.56 billion. They have traded in a 52-week range of $43.15 to $85.98. Volume today was 12,503,483 shares versus a 3-month average volume of 6,002,420 shares. The company’s trailing earnings are $-1.25 per share. The company pays a dividend of $3.16 per share for a dividend yield of 6.70%. About the company: Transocean Ltd. is an offshore drilling contractor. The Company owns or operates mobile offshore drilling units, inland drilling barges, and other assets utilized in the support of offshore drilling activities worldwide. Transocean specializes in technically demanding segments of the offshore drilling business, including deepwater and harsh environment drilling services. Get the most recent company news and stock data here >>
  • BP plc (NYSE:BP): BP shares recently traded at $41.70, down $0.78, or 1.84%. Its market capitalization is $131.76 billion. They have traded in a 52-week range of $33.62 to $49.50. Volume today was 6,333,035 shares versus a 3-month average volume of 9,731,760 shares. The company’s trailing P/E is 5.77, while trailing earnings are $7.22 per share. The company pays a dividend of $1.68 per share for a dividend yield of 4.00%. About the company: BP plc is an oil and petrochemicals company. The Company explores for and produces oil and natural gas, refines, markets, and supplies petroleum products, generates solar energy, and manufactures and markets chemicals. BP’s chemicals include terephthalic acid, acetic acid, acrylonitrile, ethylene and polyethylene. Get the most recent company news and stock data here >>

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