| Stock | Price | 52 Week Range | Marketcap | EPS | Dividend Yield | Chart (24H) | Sector | Employees | Last Updated |
|---|---|---|---|---|---|---|---|---|---|
| $112.12 | 483.20B | 7.53 | 3.53% | Energy | 62,000 | 2 days ago | |||
 456658 ENI | $0.0000 | 0.0000 | 0.00 | 0.00% | 0 | 6 years ago | |||
| $0.0000 | 0.0000 | 0.00 | 0.00% | 0 | 6 years ago | ||||
| $63.48 | 139.70B | 5.97 | 6.10% | Energy | 102,579 | 2 days ago | |||
Equinor ASA EQNR | $27.75 | 74.94B | 3.16 | 5.33% | Energy | 23,449 | 2 days ago | ||
| $31.72 | 82.41B | 0.41 | 6.05% | Energy | 87,800 | 2 days ago | |||
| $96.96 | 122.40B | 7.89 | 3.22% | Energy | 10,300 | 2 days ago |
In the gleaming world of oil exploration, the Kashagan oil field in Kazakhstan is not only a frontier of potential reserves but also a cautionary tale. This $30 billion investment aimed at tapping one of the world’s largest untapped fields has yet to yield a single drop of oil.
The Kashagan oil field represents the allure and peril intrinsic to modern oil ventures. Despite its massive hydrocarbon potential, it epitomizes the monumental risks involved in today’s projects.
The journey into Kashagan began in the early 1990s, not long after the dissolution of the Soviet Union. Initial exploration pointed toward approximately 10 billion barrels of recoverable oil. This discovery sparked significant interest among Western oil giants, despite the formidable challenges repeatedly uncovered: extreme climate, complex logistical requirements, and tough local governmental negotiations.
The Kashagan field faces technical challenges being 12,000 feet beneath a sea frozen for several months every year. Specialized and costly concrete drilling blocks add complexity, while contentious dealings make each step intricate and costly.
Stock & Clocks repeatedly missed start-up dates from March to June, and now October, making it crucial to comprehend the project’s technical complexities. The North Caspian Operating Company’s emphasis on vigilance elucidates the prolonged timelines, further signifying such ventures’ precarious nature.
Editor's Note: Analysis and insight for this article were originally sourced from our friends at Fool
ExxonMobil (XOM): Analyst Insights on Potential Gains Amidst Delayed Returns
ExxonMobil’s involvement in Kashagan is a testament to its pursuit of large reserves despite escalating costs. Recognized for its robust infrastructure, the company’s engagement highlights short-to-midterm risks tied to cost overruns and operational delays investors must monitor.
Analyst Ratings and Forecasts:
| Metric | Value |
|---|---|
| Consensus Rating | Overweight (3.4/5) |
| Average Price Target | $94.15 |
| Potential Gain | 14.1% |
| Number of Ratings | 24 |
Summary of Analysts’ Outlook:
Analysts have a positive outlook on ExxonMobil, with its robust diversified operations and commitment towards shareholders’ capital monthly returns offering a promising outlook in the upheaval of energy landscape.
Eni (ENI): A High Potential Gain of 24.1% – Worth the Risks?
Stakeholders examine broader strategies of high potential and risky investments. The ongoing project pertains to future profitability alongside investor’s confidence.
Analyst Ratings and Forecasts:
| Criterion | Value |
|---|---|
| Consensus Rating | Overweight |
| Average Price Target | €14.44 |
| Potential Gain | 24.1% |
| Number of Ratings | 23 |
Summary of Potential Outlook:
With a consensus of Overweight, major support holds the stance of buying or portfolio expansion given tactics for financially strong diversified avenues. Eni on its strong merit proves seemingly retrievable their analyst viewbelt for the energy system imminent indicators.
