Chevron Corp
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Are Activist Shareholders Good for Your Stock?
By AnnaLisa Kraft - May 31, 2013 | Tickers: CVX, DRI, MCD
Shareholder meetings are getting exciting again. Just last week a nine-year-old challenged CEO Don Thompson of McDonald's (NYSE: MCD) with an impassioned plea to stop marketing to kids. At Chevron (NYSE: CVX) environmental and shareholder activists joined in an uncommon cause to ban company monies for political influence. Last fall employees disrupted the Darden Restaurants (NYSE: DRI) shareholder meeting to decry working conditions.
You almost feel sorry for more »
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Is There Upside to BP's Present Trading Price?
By Ashit Gulati - May 31, 2013 | Tickers: BP, CVX, XOM
BP (ADR) (NYSE: BP) is a global leader in oil and gas with operations in more than 80 countries. It is a vertically integrated organization with both upstream and downstream activities. The upstream business is predominantly comprised of the production and exploration of oil and gas. Similarly, the downstream business concentrates on offering refined petroleum products.
My higher price estimate for BP is underpinned by the expected consolidation in production more »
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An Oil Giant With a Super Dividend
By Nauman Aly - May 29, 2013 | Tickers: CVX, XOM, TOT
Total (NYSE: TOT) is a large European oil company that doesn’t get as much attention from investors as US oil companies like ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX). However, it is the third largest player in the oil-gas industry. The United States companies do have a strong track record and a positive growth outlook in the long-term. However, Total should not be overlooked if you are considering a more »
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Why It's Time To Buy Ecopetrol
By Matt Smith - May 29, 2013 | Tickers: CVX, EC, XOM, PBR
For some time now Colombia’s Ecopetrol (NYSE: EC) and Brazil’s Petrobras (NYSE: PBR) have been battling it out to be Latin America’s largest company by market cap. It was in May 2012 when Ecopetrol’s market cap surpassed that of Petrobras, making it the largest company in Latin America. Since then both companies have seen their share prices dive--for the year to date Ecopetrol is down by more »
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Goldman's Dividend Picks: Cars, Banks, and Oil
By Timothy Green - May 28, 2013 | Tickers: BP, CVX, F, USB
Goldman Sachs recently became the most bullish broker on Wall Street when it increased its year-end price target on the S&P 500 to 1,750. Trying to predict future stock prices is often a fruitless endeavor, so I don't take these price targets seriously. But Goldman also recommended dividend stocks as among the few attractive income-generating opportunities available today. In a previous article I went through three of more »
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Trouble in the Upstream
By Austin Higgins - May 23, 2013 | Tickers: CVX, DRC, NOV
While the oil business has been booming in the United States, not every energy company has been profiting. As crude oil prices dip, exploration and production companies suffer. There comes a point where the financial gain from drilling does not outweigh the costs of drilling. These three companies are on the wrong side of the American oil boom.
A major integrated oil and gas company
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Why Does Billionaire Value Investor Seth Klarman Own This Supermajor?
By Marshall Hargrave - May 23, 2013 | Tickers: BP, CVX, XOM
Billionaire Seth Klarman, the "Oracle of Boston," disclosed in his latest 13F filing that he has added to his position in BP (NYSE: BP). Baupost Group started buying BP in the second quarter of 2011 with an initial 5.5 million share purchase. The fund now owns more than 17 million shares of BP, making it Klarman's single-largest holding worth over $725 million (check out Klarman's cheap stocks more »
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ExxonMobil Outshines Peers in Prioritizing Longevity
By Lennox Yieke - May 21, 2013 | Tickers: BP, CVX, XOM
Between ExxonMobil (NYSE: XOM)), Chevron (NYSE: CVX) and BP (ADR) (NYSE: BP)), which company presents the best value for income-oriented investors? This is arguably the most recurrent debate in income-investment circles.
As an income investor, your satisfaction is not drawn from the hefty paycheck you receive at the end of every three-month period, but rather the repeated receipt of similar, or bigger, paychecks moving forward. You’d want to establish more »
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Not All Oil Dividends Are Created Equal
By Robert Ciura - May 20, 2013 | Tickers: CVX, COP, XOM, RDS-B
There are many publicly traded, mega-cap energy stocks for investors to choose from. We’ve all likely encountered each of these companies in our daily lives and might assume they’re one and the same.
However, while the integrated oil majors might seem like nearly identical companies with extremely similar businesses, their shareholder practices are quite different. As a result, investors need to determine exactly what they value most from more »
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Has the EIA Killed Peak Oil?
By Joshua Bondy - May 20, 2013 | Tickers: CVX, XOM, SU, USO
A number of factors have changed the face of peak oil. Low U.S. growth, increased oil production and more fuel efficient modes of transportation have dampened the effects of rising energy costs. Peak oil is still a real phenomenon, but in the medium term it looks like it will affect the economy through subtle means.
US Consumer Price Index: All Items Less Energy data by YCharts
Don't Ignore more »
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Can Dividend Investors Still Place Their Trust In ExxonMobil?
By siraj sarwar - May 20, 2013 | Tickers: CVX, COP, XOM
The energy sector is not without its problems. They arise mainly from the economic and production challenges. Shortage of reserves and the dearth of new projects are the prime predicaments the entire industry is experiencing. Additionally, the seeming sensitivity of energy investments to commodity prices also creates uncertainty in the minds of dividend investors. Let’s take a look at ExxonMobil (NYSE: XOM) to get an idea about the viability more »
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Despite Being Topsy-Turvy, This Energy Giant Is Playing Well
By Abir Karmakar - May 19, 2013 | Tickers: CVX, COP, XOM
Energy is one of the basic needs of a country's economy. Thus, the energy giants play a pivotal role in a country’s economy to prosper.
Exxon Mobil Corporation (NYSE: XOM) is one of those giants which is recently, facing some negative situations due to rising costs, and relatively low levels of production. Other attributes contributing to these negative situations are, weakening operating cash flows, which declined by almost more »
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Anadarko Reported Its Phobos Discovery in the Deepwater Gulf of Mexico
By Stephan Dube - May 17, 2013 | Tickers: APC, BP, CVX, RDS-A
Anadarko Petroleum (NYSE: APC) announced on April 27, that its Phobos-1 well in the deepwater Gulf of Mexico encountered about 250 net feet of high-quality oil play in Lower Tertiary-aged reservoirs.
The Phobos discovery, located in Sigsbee Escarpment block 39, was drilled to a total depth of 28,675 feet in approximately 8,500 feet of water, approximately 11 miles south of Anadarko's Lucius discovery, which is under development more »
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Insights From CI Investments’ Five Big Buys
By Aubrey Tabuga - May 16, 2013 | Tickers: ABBV, BAX, CVX, C, OXY
CI Investments has recently won seven 2013 Lipper Fund Awards for its strong risk-adjusted returns relative to its peers. I looked into its first quarter big buys from a fundamental lens to provide investment insights. These are AbbVie (NYSE: ABBV), Baxter (NYSE: BAX), Chevron (NYSE: CVX), Occidental Petroleum (NYSE: OXY), and Citigroup (NYSE: C).
Interestingly, these stocks have all posted positive earnings surprises, have P/E ratios not higher than more »
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With the Chairman Out Look for this Stock to Rise
By Marshall Hargrave - May 14, 2013 | Tickers: CVX, XOM, OXY
Shareholders in Occidental Petroleum (NYSE: OXY) can finally breathe a sigh of relief now that former Chairman Ray Irani is gone. Over the last four years he has taken over $200 million in compensation from the company and has made nearly $1.1 billion in his 20 years as CEO. Ray Irani decided on Friday to withdraw his name as a nominee to the company's board. This now clears more »
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Three Stocks with Dividends You Can Depend On
By Rupert Hargreaves - May 14, 2013 | Tickers: CVX, DPS, MCD
A strong, reliable dividend yield can really hold up a portfolio and its returns during a period of market volatility. That said, finding a dividend payout that is both totally reliable and above average can be tricky. Indeed, many high yield companies are only offering such a yield because the market has no faith in their payout and the shares have been sold off. Moreover, companies that have a long more »
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Re-examining Value in the Dow
By Erik Dellith - May 13, 2013 | Tickers: CAT, CVX, XOM, UNH
In early March, the Dow Jones Industrial Average reached a record high. At that time, many analysts and financial writers were concerned about valuations and the likelihood of a decline in stock prices. Since then, stocks have powered higher, with both the Dow and the broader S&P 500 Index hitting new records. So far this year, the Dow is up nicely, yet the economy continues to grow at a more »
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Will Oil Break the $100 Mark?
By Lior Cohen - May 13, 2013 | Tickers: CVX, RDS-A, USO
In the past couple of weeks, the price of oil has slowly recovered from a downward trend that occurred during April. Will the price break the $100 threshold in the near future? How will the recent developments in the oil market affect leading oil producers? Let’s examine the recent changes in the oil market and try to determine what’s up ahead for oil.
During May (up to date more »
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BP: Why & Where You Should Buy
By Christopher Grosvenor - May 11, 2013 | Tickers: BP, CVX, XOM, TOT
My goal as a professional investor is to generate alpha for myself and my clients. I generate alpha through information asymmetries and the timing of my investments. That said, I’m not managing money for the readers of this report. Hopefully, I’m providing you with some information that you do not already know and giving you a conceptual investment framework regarding common equity shares of BP (NYSE:BP).
This more »
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The King of the Energy World
By Ryan Guenette - May 11, 2013 | Tickers: BP, CVX, E, XOM, TOT
The second most valuable company in the world, ExxonMobil (NYSE: XOM), currently trades with a price to earnings ratio under 10. Exxon has only traded with a valuation this low in its history two other times, in 2008 and 1985.
On April 25, the company reported first-quarter financial results. Compared to the same quarter in 2012, net income increased 5.29%, from $9.45 billion ($2 per share) to $9 more »