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Posts related to ‘XOM’

Pipeline from Canada to US Gulf Coast, Billions At Risk Or Reward (TRP, XOM, SU, SNP, COP, CVX, MUR, TOT, RDS-A, BP, DVN, KMP, ENB)

A decision is expected by the end of this year from the US State Department on whether or not the US will allow the Keystone XL pipeline to be built. ...
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Apache Garners a Bargain in the North Sea (APA, XOM, APC, CVX, COP, OXY, DVN, BP)

Independent oil and gas producer Apache Corp. (NYSE: APA) has agreed to purchase the North Sea assets of a subsidiary of Exxon Mobil Corp. (NYSE: XOM) for $1.75 billion. The ...
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Natural Gas is Cheap; What About Natural Gas Stocks? (XOM, BP, COP, APC, DVN, EOG, CHK)

After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. ...
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The Great Energy Spin-Off Pipeline (MRO, MPC, TSO, TLLP, COP, BP, CHK, EP, XOM, CVX)

So far this year we've noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: ...
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Will Natural Gas Prices Ever Rise? (XOM, BP, CHK, ECA, COP, DVN, EOG, APC, UPL, STR)

A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today's WTI price of around $90/barrel, natural ...
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Exxon & Russia’s Rosneft, a $200 to $300 Billion Oil Pact (XOM, BP)

Russian oil giant Rosneft and US oil supermajor Exxon Mobil Corp. (NYSE: XOM) are reported to have reached an agreement that will give Exxon access to oil deposits off the ...
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Libyan Events Could Finally Lower Pump Prices (XOM, BP, CVX, COP, VLO, TSO, MPC, WNR)

This past weekend's startling developments in Libya hit the crude oil markets almost instantly. Brent crude in Europe fell to around $105/barrel at one point, while WTI crude has gained ...
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Oil Spill Lessons: Boom for Environmental and Clean-Up Outfits (NLC, CLH, NR, XOM, COP, CEO, RDS-A, TRP, ECL)

Companies that provide the tools and services to clean up oil spills made the news following last year's disaster in the Gulf of Mexico. Speciality chemical companies that make the ...
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Crude Demand Falls, Profits to Follow? (XOM, CVX, COP, BP, VLO, TSO, WNR, SLB, HAL, NE, APA, DVN, CHK)

High prices have finally contributed to curing high prices in the world's crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices ...
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Is $80 Oil “The New $100″?… Looking for Par (XOM, CVX, COP, BP, VLO, TSO, WNR)

Yesterday's crashing market sent crude oil to its lowest close in eight months. WTI crude fell even further this morning, to below $76/barrel before turning around to rise above $82/barrel ...
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S&P Rates Oil & Gas Stocks Stable (XOM, CVX, COP, APA, CHK, SLB, HAL, BHI, NE, RIG, DO, VLO, TSO, MPC)

As the markets swoon today from Friday night's downgrade of US debt, Standard & Poor's is making other changes to its debt ratings. One sector that is unchanged is oil ...
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Are There Winners If Oil Falls to $80? (XOM, CVC, COP, SD, VLO, MPC, TSO, WNR, UAL, DAL, AMR, LUV, DRYS, DSX, UNP, CSX, NSC, FDX, UPS, ADM, POT, MOS, CF)

The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market ...
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Shell to Sell Arctic Gas Stake, Focus on Shale (RDS-A, COP, XOM)

Less than five years ago, natural gas was selling for as much as $13/thousand cubic feet. It sells for about a third of that today, and some of the high-dollar ...
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M&A Twist: BHP Snags Petrohawk for $12.1 Billion (BHP, HK, CHK, XOM, POT, FCG)

The largest mining company in the world just got a little bigger. Australia's BHP Billiton Ltd. (NYSE: BHP) has agreed to acquire Petrohawk Energy Corp. (NYSE: HK) for $12.1 billion, ...
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Conoco Moves For Break-Up To Enhance Value (COP, MRO, MPC, HFC, XOM, CVX)

Looks like the whispers we were hearing yesterday about a split-up of some sort at oil major ConocoPhillips Corp. (NYSE: COP) were true. The company has announced this morning that ...
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