All Posts Tagged With: "CVX"
(SUN) Oil and Gas Stock Outlook – February 2012 – Industry Outlook
OUTLOOK Crude Oil Signs of progress in resolving Europe’s long-running sovereign debt crisis and a tightening global supply picture in view of the geopolitical fallout over Iran’s alleged nuclear ambitions have been keeping oil prices at elevated levels. Partly offsetting...
8Feb2012 | vitalstocks | 0 comments | Continued(ABT) Earnings Season in Full Swing – Earnings Preview
Earnings Preview 1/20/12 Earnings season will be in full swing this week. 422 firms are scheduled to report, and 117 of those will be members of the S&P 500. By the end of the week we should have a very good handle on just how weak or strong this earnings season will be. The...
24Jan2012 | vitalstocks | 0 comments | Continued(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(XRT) Stock Market News for January 13, 2012 – Market News
Markets looked beyond the disappointing economic data, as a strong bond auction in Europe and a drop in oil prices reversed the benchmarks’ movement and guided them higher on Thursday. Investors were also discouraged by a lower income forecast from Chevron. The Dow Jones Industrial...
13Jan2012 | 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(XLE) Stock Market News for January 9, 2012 – Market News
The fact that the US unemployment rate has dropped to its lowest level since February 2009 failed to spark a rally on Friday. European concerns weighed on sentiment to drag the benchmarks marginally lower. However, the first week of 2012 ended on a positive note amidst a slew...
9Jan2012 | vitalstocks | 0 comments | Continued(LNG) Will Natural Gas Rebound This Year?
Among the most commonly asked questions by energy investors this new year is: will low natural gas prices continue in 2012 or will we see a durable rebound in prices from their multi-year plight? From a peak of about $13.60 per million British thermal units (MMBtu) in 2008 (referring...
8Jan2012 | 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(XLE) Stock Market News for December 19, 2011 – Market News
Markets shed early gains to end mixed after Fitch ratings put seven European economies under credit watch negative. The gains were primarily a result of European developments as Italian government won a confidence vote on austerity measures. It was a choppy session for the benchmarks...
19Dec2011 | 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(EIA) Shale Gas: A Boon or Bubble?
Over the last few years, a quiet revolution has been reshaping the energy business in the U.S. Known as ‘shale gas’ – natural gas trapped within dense sedimentary rock formations, or shale formations – it is being seen as a game changer, set to usher in an era of energy...
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(FTI) FMC Technologies Gets Wheatstone Deal
FMC Technologies Inc (FTI) has entered into a design, manufacture and supply agreement with the Australian unit of Chevron Corporation (CVX). The deal will fetch FMC approximately $325 million in revenue. Per the deal, the Australian subsidiary of FMC will deliver 11 sub-sea...
2Dec2011 | 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(AMD) Company News for October 31, 2011 – Corporate Summary
• Advanced Micro Devices, Inc. (NYSE:AMD) posted third quarter earnings of $0.13 per share, ahead of the Zacks Consensus Estimate of $0.10 per share • Goodyear Tire & Rubber Co. (NYSE:GT) reported a profit of $161 million or $0.60 per share in the third quarter...
2Nov2011 | 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(SHI) China Buying its Way to Shale Technology
by Justin Dove, Investment U Research Friday, October 14, 2011 Sinopec’s (NYSE: SHI) move to purchase Calgary-based Daylight Energy (OTC: DAYYF.PK) and its 300,000 acres of oil and gas-rich land for $2.2 billion certainly wasn’t the first Canadian acquisition by a Chinese...
17Oct2011 | InvestmentU | 0 comments | Continued(CVX) Utica Shale Drilling Permits Skyrocket in September
by Justin Dove, Investment U Research Thursday, October 13, 2011 On Tuesday, the U.S. Energy Information Agency (EIA) released a report about the sharp increase in Ohio shale drilling permits. Steve McDonald recently wrote about the land value increases occurring in the region. As...
17Oct2011 | InvestmentU | 0 comments | Continued(AA) Stock Market News for October 12, 2011 – Market News
On Tuesday, markets ended mixed after trading in a tight range throughout the day, as investors anxiously waited for Slovakia’s vote for or against bolstering Europe’s financial rescue plan. Investors also eagerly awaitedAlcoa’s quarterly results, which would kick-start...
12Oct2011 | 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) 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(CHK) Utica Shale Could Generate 204,500 Jobs
by Justin Dove, Investment U Research Thursday, September 29, 2011 The Ohio Oil and Gas Energy Education Program (OOGEEP) released a very bullish projection this month on the economic impact of Utica shale activity in the region. The report predicted that Utica shale production...
30Sep2011 | InvestmentU | 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(SSL) Natural Gas-to-Liquids Coming to U.S.
Attentive investors may have noted an announcement last week by the large South Africa-based energy and chemicals company Sasol (SSL). The firm said it was commencing an eighteen-month feasibility study to determine the commercial viability of one of two options: either a two...
21Sep2011 | vitalstocks | 0 comments | Continued