Major Integrated Oil & Gas
(CVX) Chevron: Still a Good Value
San Ramon, California-based Chevron Corporation (CVX) is one of the six super major oil and gas companies in the world and the second-largest energy firm in the U.S. behind Exxon Mobil (XOM). As a vertically-integrated oil entity, it is engaged in oil and gas exploration and...
22Jan2012 | vitalstocks | 0 comments | Continued(CVX) Chevron Hits Australian Gas Again
The Australian subsidiary of global integrated energy company Chevron Corp. (CVX) announced the discovery of natural gas in the Satyr-3 well, offshore Western Australia. This discovery, 113 miles north of Exmouth Plateau area, marks Chevron’s thirteenth in the country since...
21Jan2012 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil Supplies Rise Sharply
The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of soaring imports and dwindling product demand, while gasoline supplies rose for the second straight week. The agency’s report further revealed that distillate...
13Jan2012 | vitalstocks | 0 comments | Continued(XOM) Crude Oil Stocks Rise Unexpectedly
The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of higher imports, while gasoline supplies fell for the second straight week. The agency’s report further revealed that distillate stocks posted a surprise...
3Jan2012 | vitalstocks | 0 comments | Continued(COP) Company News for December 28, 2011 – Corporate Summary
• Share prices of oil and gas company Endeavour International Corp (NYSE:END) increased 24.06% after the company agreed to purchase a stake in three oil fields from ConocoPhillips’ (NYSE:COP) for $330 million • Retailer Sears Holdings Corp.’s (NASDAQ:SHLD)...
29Dec2011 | vitalstocks | 0 comments | Continued(BP) Three European Oil Firms Strike Angola Deal
With the aim of expanding individual footing in the energy sector of South Africa, three European oil biggies entered into three different deals with Sonangol, the National Fuel Company of Angola, to explore the undeveloped pre-salt offshore acreage. London, England-based BP...
28Dec2011 | vitalstocks | 0 comments | Continued(XOM) Crude Oil – Fuel Inventories Move Up
The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of higher imports, while gasoline supplies rose for the fourth straight week. The agency’s report further revealed that distillate stocks posted a higher-than-expected...
9Dec2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil – Fuel Supplies Rise
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased more than expected on higher imports, while gasoline supplies rose for the third straight week. The agency’s report further revealed that distillate stocks posted a surprise build,...
2Dec2011 | vitalstocks | 0 comments | Continued(E) Eni SpA Buys Stake in Evans Shoal Offshore Australia
Italian oil major Eni SpA (E) has agreed to acquire a 40% stake in the Evans Shoal gas field in offshore Australia from the domestic firm Santos Ltd. As per the initial agreement, signed in late October, Eni will purchase stakes in the concession for a preliminary payment of...
1Dec2011 | vitalstocks | 0 comments | Continued(RDSA) Royal Dutch Shell plc-Iraq Joint Venture Goes Official
Following the approval from the Governmental bodies in mid-November, Iraq officially announced its natural gas exploration joint venture with Royal Dutch Shell plc (RDSA) and Japan’s Mitsubishi Corporation. The project, worth $17 billion, was inked almost three years after...
30Nov2011 | vitalstocks | 0 comments | Continued(CVX) Chevron Fined for Brazil Oil Spill
U.S. energy behemoth Chevron Corp. (CVX) has been slapped with a fine of R$50 million ($28 million) by Brazil’s environmental regulator – the Brazilian Institute of the Environment and Renewable Natural Resources, or Ibama – following an oil leak 74 miles off the coast...
28Nov2011 | vitalstocks | 0 comments | Continued(CVX) Chevron’s Brazil Dream Sours
U.S. energy behemoth Chevron Corp. (CVX) has been temporarily suspended from ‘all drilling activities’ in Brazil by the country’s oil regulator – Agencia Nacional do Petroleo or ANP – following an oil leak 74 miles off the coast of Rio de Janeiro. The agency’s diktat...
28Nov2011 | vitalstocks | 0 comments | Continued(XOM) Crude Oil and Distillate Stocks Tumble
The U.S. Energy Department’s weekly inventory release showed an unexpected decrease in crude inventories, currently at their lowest level in almost two years, while gasoline supplies rose for the second straight week. The agency’s report further revealed that distillate...
26Nov2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Petroleum and Distillate Stocks Shrink
The U.S. Energy Department’s weekly inventory release showed that crude inventories moved down, while gasoline stocks added to their supplies. The agency’s report further revealed that distillate stockpiles declined for the seventh-straight week. Meanwhile, refiners improved...
20Nov2011 | vitalstocks | 0 comments | Continued(COP) ConocoPhillips Beats The Street – Volume Falls
ConocoPhillips (COP) reported third-quarter 2011 adjusted earnings of $2.52 per share, comfortably beating the Zacks Consensus Estimate of $2.16. The earnings were also better than the year-earlier profit of $1.50. The outperformance was mainly on the back of higher price realizations...
26Oct2011 | vitalstocks | 0 comments | Continued(PZE) Latch Onto The Next Big Shale Gas Boom
by Justin Dove, Investment U Research Friday, October 7, 2011 Which country has the most shale gas reserves outside of the United States and China? Canada? Nope. Australia? Wrong again. According to the U.S. Energy Information Administration, Argentina ranks third in recoverable...
10Oct2011 | InvestmentU | 0 comments | Continued(XOM) Exxon Analyst Maintains Neutral Rating
We have maintained our Neutral recommendation for the world’s largest publicly traded oil company, ExxonMobil Corporation (XOM) for the long term. The oil giant’s superior record of return on capital employed, excellent credit profile and access of significant unconventional...
6Oct2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil, Fuel Inventories Rise
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles following three consecutive weeks of decline. The agency’s report further revealed that both gasoline and distillate stocks added to their supplies, while refiners reduced...
6Oct2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil and Fuel Inventories Rise
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles following three consecutive weeks of decline. The agency’s report further revealed that both gasoline and distillate stocks added to their supplies, while refiners reduced...
4Oct2011 | vitalstocks | 0 comments | Continued(XOM) ExxonMobil Enters Oil-Rich Utica
ExxonMobil Corporation (XOM) is all set to exploit Ohio’s Utica Shale, supposedly one of the biggest sources of crude oil in the United States. The company has made its entry into the oil-rich fields of Utica Shale by acquiring leases in it. Exxon declined to divulge details...
24Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil Stocks at 8-Month Low
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell sharply to reach their lowest level since January, while gasoline stocks added to their supplies. The data further revealed that U.S. distillate stocks fell by a modest 874,000 barrels....
24Sep2011 | vitalstocks | 0 comments | Continued(XOM) Cold Hard Profits on the Roof of the World
by Carl Delfeld, Global Equities & Emerging Markets Specialist, Investment U Thursday, September 15, 2011: Issue #1601 I have visited some crazy places in search of investment opportunities, but the Arctic Circle was not at the top of my list. After all, doesn’t the average...
19Sep2011 | InvestmentU | 0 comments | Continued(XOM) U.S. Crude Oil Inventory Stocks Dip – Products Build
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell more than twice that of analyst expectations to reach their lowest level since February, as Tropical Storm Lee reduced production. However, the overall nature of the data is bearish...
17Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Imports Tumble – Crude Oil Stocks Fall
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell more than expected as imports tumbled, while gasoline and distillate both added to their supplies. Meanwhile, refiners reduced processing rates by 0.2%. The Energy Information Administration...
11Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Energy Department Weekly Inventory Release – Surprise Build in Crude Stockpiles
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles. The agency’s report further revealed that distillate stocks added to supplies, while gasoline inventories declined. Meanwhile, refiners reduced processing rates by 1.1%. The...
2Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Energy Department’s EIA Data Indicates Mixed Trends
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell unexpectedly as imports dropped, while gasoline and distillate both added to their supplies. Meanwhile, refiners enhanced processing rates by 1.2%. The Energy Information Administration...
26Aug2011 | vitalstocks | 0 comments | Continued(COP) Stock Market News for August 24, 2011 – Market News
Neither the East Coast earthquake nor weaker-than-expected domestic economic reports could prevent the markets from staging a strong rally that also saw the Dow posting its best gains in two weeks. Encouraging global economic reports helped to boost the mood of the investors,...
24Aug2011 | vitalstocks | 0 comments | Continued(BP) BP Analyst Maintains Neutral on Shares
We are maintaining our long-term Neutral rating on one of the world’s largest energy companies, BP Plc (BP). Although the company missed our expectation in the second quarter of 2011, its string of upstream activities keeps us upbeat on its ability to regain its old form. Last...
15Aug2011 | vitalstocks | 0 comments | Continued(COP) Dividends Are a Good Source of Income – Finding High (and Rising) Dividends
These may be the times that try men’s souls, but this is also the sort of time when long-term investors can snatch up great bargains. What do I mean by a great bargain? A good solid company selling at a low valuation. The reason you buy stocks is that they represent partial...
10Aug2011 | vitalstocks | 0 comments | Continued(COP) Stock Market News for August 1, 2011 – Market News
Benchmarks took a battering to register their worst weekly performance in a year as the stalemate over the debt-ceiling crisis pushed the US closer to losing its ‘AAA’ rating. Investor sentiment was dragged even lower as data revealed economic growth in the first half of...
1Aug2011 | vitalstocks | 0 comments | Continued