United States Supplanted by China’s Thirst for Oil
They now have a $18.00 price target on the stock. Three analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $19.65. United States Steel Corp. ( NYSE:X ) traded up 5.28% during mid-day trading on Tuesday, hitting $23.52. 14,781,620 shares of the companys stock traded hands. United States Steel Corp. has a 52 week low of $15.80 and a 52 week high of $26.29. The stocks 50-day moving average is $20.21 and its 200-day moving average is $18.49. The companys market cap is $3.402 billion. United States Steel Corp. (NYSE:X) last announced its earnings results on Tuesday, July 30th. The company reported ($0.54) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.77) by $0.23. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.61 billion.
Mexico rescued by unlikely World Cup qualifying savior in archrival United States
The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors, @TMFEnergy . The United States appears to be losing its status as the world’s top oil importer, thanks to the colossal turnaround in crude oil production caused by hydraulic fracturing and horizontal drilling techniques. While China’s 6.3 million barrels per day of crude oil imports are just slightly higher than the United States 6.1 million per day, the trajectory of the two countries’ crude consumption varies significantly. The United States could be the world’s largest crude oil producer by the end of the decade while oil demand drops as fuel efficient cars takeover our highways. Meanwhile, China is in the early stages of unconventional shale exploration, and with a growing middle class, fuel consumption is set to rise precipitously. See more on this topic in the following video. Stocks to buy to play the United States energy bonanza Record oil and natural gas production is revolutionizing the United States’ energy position. Finding the right plays while historic amounts of capital expenditures are flooding the industry willpad your investment nest egg. For this reason, The Motley Fool is offering a comprehensive look at three energy companies set to soar during this transformation in the energy industry. To find out which three companies are spreading their wings, check out the special free report, ” 3 Stocks for the American Energy Bonanza .” Don’t miss out on this timely opportunity; click here to access your report — it’s absolutely free. Alison Southwick and Taylor Muckerman have no position in any stocks mentioned. Joel South owns shares of Ford. The Motley Fool recommends and owns shares of Ford. Try any of our Foolish newsletter services free for 30 days .
Those two teams are in danger of being drawn together in next month’s European playoffs. Also, playoff-bound is 2010 semifinalist Uruguay, the fifth-place finisher in South America’s group and destined for a showdown with Jordan. La Celeste should win, but stranger things have happened. Indeed, the events in Panama City were about as strange as it gets. Panama scored early through Gabriel Torres to give itself a fighting chance but still needed Mexico to lose to stay in contention. That possibility became a reality in the second half when the Mexicans went behind for the second and ultimately final time, thanks to Alvaro Saborio of Major League Soccer’s Real Salt Lake. The problem was, that almost simultaneously, Panama conceded an equalizer to the U.S., with Michael Orozco flicking the ball home to make it 1-1. Needing a goal, Panama threw men forward and got what it thought was its magical moment with six minutes left. Substitute Luis Tejada bundled the ball home amid a packed penalty area to send Panama to the verge of glory. However, a dose of panic set in. Instead of doing the simple things needed to close out the game, Panama lost possession too easily, failed to eat up clock and forgot to track back in numbers.