Will Russia's Agression Affect Your Portfolio?
Rupert Hargreaves, The Motley Fool - Motley Fool - Tue May 20, 6:08PM CDT
Russia's aggressive action in Eastern Europe has sent the region's investors scurrying for cover. Some of the world's top energy companies are also now in a delicate situation. As the West continues to place sanctions on Russia and the country's key...
Final Glance: Oil companies
AP - Tue May 20, 5:02PM CDT
NEW YORK (AP) — Shares of some top oil companies were mixed at the close of trading:
Midday Glance: Oil companies
AP - Tue May 20, 12:44PM CDT
NEW YORK (AP) — Shares of some top oil companies are down at 1 p.m.:
The Chinese Resource Quest: How Current Events Sway China
Joel South, The Motley Fool - Motley Fool - Tue May 20, 12:12PM CDT
The Motley Fool's energy bureau chief, Joel South, spoke with Michael Levi about his new book, By All Means Necessary: How China's Resource Quest Is Changing the World , coauthored with Elizabeth Economy. As the David M. Rubenstein senior fellow...
Statoil Halts Snorre B Production - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 20, 12:10PM CDT
Statoil ASA (STO) has temporarily stopped oil production at its Snorre B platform in the North Sea and vacated one fourth of its employees personnel from the facility.
Early Glance: Oil companies
AP - Tue May 20, 9:40AM CDT
NEW YORK (AP) — Shares of some top oil companies are mixed at 10 a.m.:
ExxonMobil’s Papua New Guinea LNG Plant Set to Feed Asian Demand
Oilprice.com, The Motley Fool - Motley Fool - Tue May 20, 8:32AM CDT
This article was written by Oilprice.com -- the leading provider of energy news in the world. Also c heck out this recent article: Government Will Need to Save Nuclear in the U.S. With ExxonMobil's announcement that...
Which Oil Majors Have the Greatest Exposure to Russia?
Arjun Sreekumar, The Motley Fool - Motley Fool - Mon May 19, 5:00PM CDT
As Vladimir Putin continues to test the limits of the Western world's patience with aggressive actions in Ukraine, investors are growing increasingly concerned about Western energy companies' exposure to Russia. With the threat of additional...
Oil & Gas IPO Enable Midstream Works A Rich Asset Set
at Investor's Business Daily - Mon May 19, 4:08PM CDT
Thanks to advanced drilling technologies and rising oil and gas prices, energy stocks have been among the biggest gainers on Wall Street this year. Looking to take advantage of this windfall is Enable Midstream Partners (ENBL), a limited partnership...
Chesapeake Slides on Oilfield Spinoff Plans - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 19, 3:47PM CDT
Chesapeake Energy Corporation (CHK) ended last week on a slippery note, as the spin-off announcement for its oilfield services business dragged its shares down.
Exxon Mobil Earnings Hindsight: Down 0.7% in Last 18 Days (XOM)
Comtex SmarTrend(R) - Mon May 19, 9:08AM CDT
When Exxon Mobil (NYSE:XOM) reported earnings two weeks ago on May 1st, 2014, analysts, on average, expected the company to report earnings of $1.88 on sales of $105.5 billion. The company actually reported EPS of $2.10 on sales of $94.3 billion, beating EPS estimates by $0.22 and missing revenue estimates by $105,413.2 billion. Since the company's report, shares of Exxon Mobil have fallen from $101.41 to $100.74, representing a loss of 0.7% in the past 18 days.
Active Equities under the Scanner -- Research on ExxonMobil, Kinder Morgan, US Bancorp, and Twenty-First Century Fox
PR Newswire - Mon May 19, 8:10AM CDT
The markets on Friday, May 16, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,491.31, up 0.27% and the NASDAQ Composite closed at 4,090.59, up 0.52%. The S&P 500 edged 0.37% higher, to finish the day at 1,877.86. The gains were broad based as nine out of ten sectors ended the session in positive. The recent session welcomed some action on the Telecommunication Services, Consumer Discretionary and Information Technology sectors that positively impacted the broader market. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Exxon Mobil Corporation (NYSE: XOM), Kinder Morgan Inc. (NYSE: KMI), US Bancorp (NYSE: USB) and Twenty-First Century Fox Inc. (NASDAQ: FOXA). Free technical research on XOM, KMI, USB and FOXA can be downloaded upon signing up at:
Emerging Unconventional Resources Overview 2014: China, Australia, Poland and Argentina - Key Emerging Markets for Shale Developments
M2 - Mon May 19, 6:27AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fpxxmt/emerging) has announced the addition of the "Emerging Unconventional Resources Overview - Regulatory Environment, Industry Developments and Key Challenges" report to their offering. China, Australia, Poland and Argentina: Key Emerging Markets for Shale Developments China and Australia are among the most important emerging markets for shale and Coal Bed Methane (CBM) development in the world. China possesses an estimated 643 billion barrels (billion bbl) of risked, prospective shale oil and 4,746 trillion cubic feet (tcf) of risked shale gas in-place, of which around 32.2 billion bbl and 1,115 tcf are estimated to be technically recoverable. China's shale resources are primarily located in the Sichuan, Junggar, Tarim and Songliao basins. The country also possesses around 1,300 tcf of CBM resources, which are primarily located in north, northeast, northwest, and south China. Australia's shale resources are primarily located in six major assessed basins - Cooper Basin, Maryborough Basin, Perth Basin, Canning Basin, Beetaloo Basin and Georgina Basin. The six basins contain 403 billion bbl of risked shale oil in-place, of which risked, technically recoverable oil accounts for 17.5 billion bbl. The six basins also contain 2,046 tcf of risked shale gas in-place, of which risked, technically recoverable gas is 437 tcf (EIA, 2013). Other major emerging markets for shale development are Poland and Argentina. Poland possesses an estimated 1.8 billion bbl of shale oil and 146 tcf of shale gas resources, while Argentina's estimated technically recoverable shale resources amount to 27 billion bbl oil and 802 tcf of gas. In China, the commercial production of shale gas has already started and is expected to increase at a considerable pace in future. Until December 2013, China's cumulative commercial shale gas production amounted to around 5.1 billion cubic feet (bcf). China Petrochemical Corporation (Sinopec) and PetroChina account for almost all of the shale gas production in the country. Sinopec achieved a total production of around 2.6 bcf, equivalent to a daily production rate of 5.3 million cubic feet per day (mmcfd), up until December 2013 from its project in Chongqing. The company plans to achieve an annual shale gas production capacity of 178.7 bcf by 2015 through its Fuling project in Chongqing municipality in southwest China. The capacity at the Fuling site is also expected to enable China to achieve or exceed its national target of 232.3 bcf of shale gas production by 2015. Australia is also witnessing the substantial development of CBM and shale gas resources. The Cooper Basin has emerged as particularly well-suited for shale development due to the presence of substantial gas processing capacity, gas-pipeline infrastructure, and the presence of service providers for fracking and well drilling in the nearby area. Additionally, Coal Seam Gas (CSG) projects are already in the production stages in the Bowen and Surat basins. Argentina has a suitable geology for the extraction of shale oil and gas, especially in the Neuqu?n Basin. The country is currently witnessing considerable progress in terms of investment in its shale resources. Some of the major international companies to have announced plans to invest in shale projects in Argentina include Dow, Chevron, Royal Dutch Shell (Shell), and Wintershall. Poland has witnessed many setbacks to its shale development plans, due primarily to the exit of major companies such as Eni, ExxonMobil, Marathon Oil and Talisman Energy, all of whom cited disappointing drilling results. However, other companies operating in the country such as Chevron are continuing with their exploration plans, and many have recently announced promising drilling results. For example, in February 2014 BNK Petroleum successfully completed the drilling, casing and cementing of its Gapowo B-1 horizontal well in Poland. The company reported excellent gas readings throughout the lateral, which confirmed the high prospects of the Lower Silurian and Ordovician shales for shale gas. Similarly, Lane Energy started test production at the Lebien LE-2H horizontal well in Lebork city in Northern Poland in August 2013. The well was reported to be producing eight thousand cubic meters (mcm) (or around 283 thousand cubic feet (mcf)) of shale gas per day, which was considered an unprecedented output in Europe at that time. Key Topics Covered: 1 Tables & Figures 2 Introduction 3 Emerging Markets for Shale Development 4 Coal Bed Methane in Australia and China 5 Oil Sands in Canada 6 Extra-Heavy Oil Deposits in Venezuela 7 Appendix For more information visit http://www.researchandmarkets.com/research/fpxxmt/emerging
Shareholder Meeting Schedules, Settlement Agreements, Financial Results, AGM Results, and Executive Appointments - Analyst Notes on ExxonMobil, Chevron, Encana, Statoil and Eni
PR Newswire - Mon May 19, 6:00AM CDT
Today, Analysts Review released its analysts' notes regarding Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), Encana Corporation (NYSE: ECA), Statoil ASA (NYSE: STO) and Eni SpA (NYSE: E). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2592-100free.
The Dow Ekes Out a Friday Gain, but Exxon Mobil and Chevron Miss Out Again
Dan Caplinger, The Motley Fool - Motley Fool - Fri May 16, 8:05PM CDT
The Dow Jones Industrials spent most of Friday trading near the unchanged level, as investors licked their wounds after two days of sharp losses on Wednesday and Thursday. But toward the end of the session, the Dow managed to climb, and closed the...
WTI Vs. LLS: A Major Shift In The U.S. Oil Boom
at Investor's Business Daily - Fri May 16, 4:05PM CDT
For more than a century, the global oil and natural gas supply picture changed only a decade at a time. In the past half-decade, however, the picture has changed with startling speed. That has been particularly true in America. New technologies...
Big Oil: Spending More, Getting Less in Return - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Fri May 16, 11:10AM CDT
Major oil firms like Exxon Mobil Corp. (XOM), Chevron Corp. (CVX), TOTAL SA (TOT), BP plc (BP) and Royal Dutch Shell plc (RDS.A) -- collectively known as 'Big Oil' -- continue to struggle to grow production despite spending billions in capital expenditures.