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Posts related to ‘Oil & Gas’

Propane Subsidy As Jobs Creator… At Whopping Costs (XOM, CHK, EPD, SPH, APU, FGP)

Posted: January 10, 2012 at 1:46 pm

In May 2011, a propane industry association, the National Propane Gas Association, cheered the introduction of a bill introduced in the US House that would have extended subsidy payments to ...
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The 17 Most Important IPOs To Watch In 2012

Posted: January 6, 2012 at 10:04 am

The initial public offering market  in 2012 is likely to be much stronger than many anticipate. Despite the lingering uncertainty and the underperformance of many popular IPOs in 2011, this ...
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The 24/7 Wall St. 2012 Model Dividend Portfolio (AEP, AWK, T, GE, GOV, KMB, SNH, WMT, JNK, AMJ, AMLP, PGF, MO, DLR, EPD, KMP)

Posted: January 5, 2012 at 2:41 pm

It seems that most investors have started adding income or dividend reinvestment plans to their portfolios by using dividend stocks. With the yields of the 10-Year Treasury close to 2% ...
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OPEC Production Already Tops New Ceiling

Posted: January 5, 2012 at 2:07 pm

At a meeting in mid-December, members of the Organization of Petroleum Exporting Countries (OPEC) agreed on a new production level of 30 million barrels/day. The 12-member cartel has already exceeded ...
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Refining Sector Woes Going From Challenging To Worse (TSO, VLO, MPC, WNR, CVI, XOM, CVX, COP, BP)

Posted: January 5, 2012 at 12:45 pm

One of the largest crude oil refiners in the US, Tesoro Corp. (NYSE: TSO), this morning lowered its earnings guidance for the fourth quarter, projecting a loss of -$0.55 to ...
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The Strait of Hormuz, $150 Oil and Strategic Oil Reserves

Posted: January 5, 2012 at 6:35 am

An article in The New York Times argues, without much support, that if the Strait of Hormuz is closed for any amount of time, oil prices will rise 50% and ...
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Chesapeake Says Debt Reduction Plan is Working (CHK)

Posted: January 4, 2012 at 11:05 am

Chesapeake Energy Corp. (NYSE: CHK) set two goals last year: first, to reduce long-term debt by 25% by the end of 2012; and second, to increase production by 30%. The ...
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New Crude Oil Pipeline System to be Built in Gulf of Mexico (EPD, GEL, APC, APA, XOM, E, PBR, PXP, BP, MRO, RDS-A, CVX, COP)

Posted: January 4, 2012 at 9:57 am

Two pipeline companies have agreed to a 50-50 joint venture to build a new 149-mile offshore gathering system in the Gulf of Mexico. Enterprise Products Partners L.P. (NYSE: EPD) and ...
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Oil & Gas IPO Market Reflects on Late-2011 Duds (AMID, BCEI, SN, LPI)

Posted: January 3, 2012 at 3:18 pm

The IPO market is 2011 was not the greatest of the last decade.  Some deals soared, but many deals flopped.  We were very skeptical of many of the internet IPOs ...
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Chesapeake Sells Utica Shale Stake to Total (CHK, TOT, BP, PXP, SD, CRZO)

Posted: January 3, 2012 at 9:34 am

In yet another of the deals that shakes up the landscape of US shale gas production, Chesapeake Energy Corp. (NYSE: CHK) has formed a joint venture with Total SA (NYSE: ...
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US Ethanol Subsidy is History (ADM, VLO, PEIX, GPRE, CZZ, RDS-A)

Posted: December 30, 2011 at 8:00 am

After 30 years of payments to farmers and blenders, the federal subsidy on corn-based ethanol expired when Congress adjourned last week without taking any action to renew the payments. A ...
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Oil Posts An All-Time Annual High

Posted: December 30, 2011 at 5:52 am

Brent crude prices will average over $110 a barrel in 2011. Reuters reports that will beat the 2008 record of approximately $100. It is difficult to say how to take the ...
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Chesapeake Sells Marcellus Pipeline System to Subsidiary (CHK, CHKM)

Posted: December 29, 2011 at 8:59 am

As part of its efforts to raise cash and pay down debt, Chesapeake Energy Corp. (NYSE: CHK) has sold its Appalachia Midstream Services subsidiary to Chesapeake Midstream Partners L.P. (NYSE: ...
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Top Oil & Gas Stock Picks for 2012 (XOM, CVX, COP, RRC, TSO, PXD, APC, CHK, APA, OXY)

Posted: December 28, 2011 at 2:08 pm

Crude oil prices have risen this year, although they have been tapering off in the past couple of months. Pump prices have been driven by the price differential between Brent ...
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New Biofuels Fail to Meet Government-Mandated Quantities (CDXS, AMYR, GEVO, SZYM, KIOR, ADM, VLO, PEIX)

Posted: December 28, 2011 at 9:49 am

Back in the heady days of 2007, the U.S. Congress established mandates for the amount of cellulosic ethanol and other biofuels to be used in the nation’s transportation fuel supply. ...
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