On Wednesday, Marathon Oil Corporation (NYSE:MRO)’s shares inclined 10.01% to $13.96. With its recent share price change, MRO market value has reached roughly $8.59 billion. Its most recent quarter balance sheet showed the company is standing at a 1.40 current ratio and possess 0.43 as debt to equity ratio. The company has a Profit Margin (ttm) of negative -35.45% and has 61.20% gross margins. The operating profit margin is -27.50%. The stock’s performance in 1 month is -20.37% and its volatility for the same period is 6.33%.
Marathon Oil Corporation operates as an energy company. It operates in three segments: North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. The North America Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America.
Royal Dutch Shell plc (ADR) (NYSE:RDS.A)’s shares gained 5.83% to $47.02.
Royal Dutch Shell plc (“Shell”) (RDS-A)(RDS-B) published a circular and a prospectus for the recommended combination with BG Group plc (“BG”), ahead of a General Meeting, planned for 10:00 (Central European Time) on Wednesday 27 January 2016 at the Circustheater, Circusstraat 4, 2586 CW The Hague, The Netherlands. In addition, BG has published a scheme document ahead of its shareholder meetings.
As declared on 8 April 2015 under the terms of the combination, BG shareholders will be entitled to receive:
for each BG share: 383 pence in cash; and
0.4454 of a Shell B share (note 1).
As at close of business on 18 December 2015, this offer reflects:
- a value of about 1,037 pence per BG share (note 2)
- a total value of about £35.6 billion ($53.0 billion) in cash plus shares (notes 2 and 3).
The combination with BG should lead to:
- Improved free cash flow - the addition of BG’s portfolio growth, especially from Brazil and Australia, combined with pre-tax synergies (note 4) of $3.5 billion should enhance Shell’s free cash flow. This enhances Shell’s dividend potential in any reasonably predictable oil price environment. In particular it underpins the company’s intention to pay a dividend of $1.88/share in 2015 and at least $1.88/share in 2016, and plans for share buybacks in the period 2017-2020.
- Acceleration of liquefied natural gas (LNG) and deep water leader - Shell is a leading IOC player in world-wide LNG and deep water. The combination with BG complements Shell’s strategy to grow in these themes. We expect the combination to accelerate and de-risk our strategy.
- Springboard to reshape Shell - planned asset sales of $30 billion between 2016-18 and refocused spending would result in a simpler, more focused group, concentrated around three pillars: upstream and downstream cash engines, deep water and LNG.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy.
SUPERVALU INC. (NYSE:SVU)‘s shares surged 2.76% to $7.07. The last trading range of SUPERVALU INC. (NYSE:SVU) ranges between $6.89 and $7.13. The EPS of the company stands at $0.50. The 52-week range shows that the stock reached higher at $12.00 while its lower range is $6.14 in the last 52-weeks. The average volume of the company is at 3.12 million with the Outstanding Shares of 265.92 million. The market capitalization of the company is $1.83 billion. The Beta of the company stands at 1.80 with the RSI (Relative Strength Index) of 60.68.
SUPERVALU INC., together with its auxiliaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Independent Business, Save-A-Lot, and Retail Food. The Independent Business segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military.
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