Marathon Oil Corp
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Phillips 66 and ConocoPhillips a Year Later
By Erin McBride - May 14, 2013 | Tickers: COP, MRO, MPC, PSX
One year ago Phillips 66 (NYSE: PSX) and ConocoPhillips (NYSE: COP) happily split up. One year later, both companies appear to be all the better for it.
Phillips 66 became the downstream company, focusing on refining and marketing, while ConocoPhillips (who kept its name in the amicable breakup) focuses on exploration and production.
After one year, Phillips 66, one of the largest U.S. independent refiners, has reported first-quarter earnings more »
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Marathon Oil at 52 Week High, Perfect Time to Exit
By Shas Dey - May 13, 2013 | Tickers: CHK, EOG, MRO
You will not get a better chance to exit Marathon Oil (NYSE: MRO) than by selling while it is trading at/near its 52 week high and the business performance is also not supporting that price.
The company's North American E&P business is not doing well and neither is its Oil Sands Mining business. Exploration costs have massively increased; huge capital expenditure has been incurred with no immediate more »
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ExxonMobil Gains From Turkey’s Secret Pacts With Kurdistan
By Jaiyant Cavale - May 9, 2013 | Tickers: XOM, MRO, TOT
ExxonMobil (NYSE: XOM), which announced last month that it allocated $1.65 billion just to develop the West Qurna 1 oil field in Kurdistan this year, may see a lot of improvements in the way its business takes place in the contested region. In April, Turkey and Iraqi Kurds signed a secret energy pact that may have far-reaching consequences for energy companies like ExxonMobil that operate in Iraq's Kurdistan more »
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4 Short-Term Hurdles for Anadarko Petroleum
By Bill Edson - April 19, 2013 | Tickers: APC, APA, MRO
Anadarko Petroleum's (NYSE: APC) fourth quarter earnings results were mixed. Revenues were down, but net income was higher than expected. Anadarko’s reported revenues of $3.41 billion compared to revenues of $3.84 billion in the fourth quarter of 2011. Net income was $457 million, an increase of $815 million from net income of -$358 million in the fourth quarter of 2011. Earnings per share came in at more »
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4 Short-Term Hurdles For Anadarko Petroleum
By Bill Edson - April 17, 2013 | Tickers: APC, APA, MRO
Anadarko Petroleum's (NYSE: APC) fourth quarter earnings results were mixed. Revenues were down, but net income was higher than expected. Anadarko’s reported revenues of $3.41 billion compared to revenues of $3.84 billion in the fourth quarter of 2011. Net income was $457 million, an increase of $815 million from net income of $-358 million in the fourth quarter of 2011. Earnings per share came in at more »
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What Do These Oil Companies Have in Common?
By Austin Higgins - April 11, 2013 | Tickers: HES, MRO, MPC, VLO
Oil and gas companies are focusing their efforts on providing the most valuable operations to their investors. While gas prices have risen steadily over the last 6 months, downstream operations are not the most profitable space to control. There is a new trend of oil and gas exploration companies selling or spinning off their downstream, retail operations in an effort to develop their core practice of finding and drilling for more »
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What Do These Oil Companies Have in Common?
By Austin Higgins - April 8, 2013 | Tickers: HES, MRO, MPC, VLO
Oil and gas companies are focusing their efforts on providing the most valuable operations to its investors. While gas prices have risen steadily over the last 6 months, downstream operations are not the most profitable space to control. There is a new trend of oil and gas exploration companies selling or spinning off their downstream, retail operations in an effort to develop their core practice of finding and drilling for more »
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ExxonMobil & Russia: A Winning Combo for Investors
By Maxwell Fisher - March 29, 2013 | Tickers: BP, CVX, XOM, MRO, RDS-A
Note: This post originally included a moment of million-billion confusion. It's been fixed.
In recent weeks, Russia's Rosneft Oil and ExxonMobil (NYSE: XOM) signed an agreement that expanded the terms of an existing deal. The amendments allow Russia's state oil corporation to participate in a U.S. venture for the first time in history, right in the Gulf of Mexico.
The mutually-beneficial deal will equally allow ExxonMobil more »
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Why Inflation Is a Problem and the Hidden Bubble it's Creating
By Bob Chandler - March 27, 2013 | Tickers: AEE, MRO, SH, VOD
Many economists fear that the Federal Reserve's unprecedented asset buying program may cause an inflation problem in the future. While that may be true, what seems to be ignored is that there is a current inflation problem. Worse, the problem is also creating a hidden bubble that, when bursts, could severely crimp stock prices.
The current inflation problem
The main issue with inflation is the compounding spread between the more »
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Will These Refinery Spin-Offs Continue to Outperform?
By Joseph Harry - March 24, 2013 | Tickers: COP, MRO, MPC, PSX
Some formerly integrated oil companies have decided to spin off their downstream assets in an effort to unlock shareholder value. It seems to have worked, but in a lopsided fashion. The most recent company to complete a spin-off was ConocoPhillips (NYSE: COP), creating Phillips 66 (NYSE: PSX). Before Conoco, Marathon Oil (NYSE: MRO) also spun off assets, creating Marathon Petroleum (NYSE: MPC). As many favorable events, such as a glut more »
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This Elite Billionaire Is Shuffling Out Dividend Stocks, Should You?
By Meena Krishnamsetty - March 20, 2013 | Tickers: BLK, CVX, MRO, MCD, WFC
Ken Griffin, a billionaire with $4.1 billion in net worth, runs Citadel Investment Group, a financial firm he founded in 1990. The firm is a multi-strategy hedge fund management company with assets under management of some $14 billion. The firm applies a combination of fundamental research and quantitative analyses when making decisions about its investments.
Citadel's hedge funds have been outperformers. Last year, its flagships, Wellington and Kensington more »
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Here’s Why Hess Is a Buy
By Diane Alter - March 18, 2013 | Tickers: COP, HES, MRO
A couple of weeks ago, Hess Corp. (NYSE: HES) announced several initiatives that will morph the oil giant into a pure exploration and production (E&P) company by 2014.
The focus will be on higher growth as the company creates a lower risk portfolio of assets. This will be achieved by exiting its retail business, energy marketing and energy trading.
In tweaking its portfolio, Hess will divest operations in Indonesia more »
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Billionaire T. Boone Pickens' Energy Moves
By Marshall Hargrave - March 11, 2013 | Tickers: EOG, MRO, OXY, RRC, WLL
Billionaire investor and oilman-turned-hedge fund manager T. Boone Pickens runs an energy-concentrated hedge fund, BP Capital. His fund is generally invested 90% in energy-related stocks and 10% in commodities. With energy a hot-button topic, I thought it only worthwhile to take a look at how one of the top energy investors and his hedge fund are investing for 2013 (see all of Pickens' picks).
Pickens is upping his stake...
One more »
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Congress Holding Marathon Oil's Future in its Hands
By Cory Renauer - March 10, 2013 | Tickers: COP, HES, MRO, MPC
So far, 2013 has been a shaky year for exploration and production companies. Marathon Oil (NYSE: MRO) represents that trend well. The Jan. 16 attack on the natural gas plant in Algeria, run jointly by Statoil, BP, and Algerian Sonatrach caused a negative ripple effect on most E&P companies with North African operations, Marathon Oil included.
A lackluster Q4 2012 didn't help matters either, despite posting slightly higher more »
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Sustainable, Profitable, and Cheap Dividend Paying Stocks
By Anh HOANG - March 9, 2013 | Tickers: APA, INTC, MRO
Retirees should pick dividend stocks for their income portfolios carefully. They should invest their money in sustainable, profitable businesses, that have a terrific historical record of consistent dividend payments. Thus, I have set five screening criteria to search for those opportunities for income investors. Those five criteria are: (1) those companies have been paying dividends for at least 10 years, (2) the payout ratio should be no greater than 50 more »
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Unconventional hydrocarbons Boost Profit for Refining Companies
By Jacob Wolinsky - March 7, 2013 | Tickers: MRO, MUR, VLO
ValueWalk.com was started in January 2010, with a focus on value investing and value investors. As the site has grown, the scope has expanded. ValueWalk is now a news site with a team of global reporters covering all breaking financial news with an emphasis on value investing, hedge funds, large asset managers, Tech news, Business news. The site contains archives of famous investors, and many investor resource pages.
The site is famous among the value investing community as one of the best sites for evergreen and new content. ValueWalk has gained popularity among all circles for its breaking stories on hedge funds, and investigative reports on investments by major funds.
You can also check out ValueWalk Premium, where we analyze liquid stocks, which have little to no analyst coverage.
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Chesapeake's Production Mix Is Moving Towards Liquids
By Cory Renauer - March 4, 2013 | Tickers: APC, CHK, MRO
After 24 years at the helm of Chesapeake Energy Corporation (NYSE: CHK), co-founder and CEO Aubrey McClendon will retire from the company on April 1, 2013. It was his innovative -- and borderline reckless -- purchasing that made Chesapeake’s asset value the envy of the US energy industry. At a time when other producers were still scratching their heads at the prospect of developing shale gas, Chesapeake pioneered the practice. When more »
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Solid Income Growth Picks for your Portfolio
By Piyush Arora - February 22, 2013 | Tickers: HFC, MRO, MUR, TSO
Although crude prices have risen in 2012, it was mainly due to its strained supply. But according to International Energy Administration, global demand for crude will increase by 840,000 barrels per day in 2013. High crude prices are good for oil E&P companies, but its higher demand benefits oil refining companies.
Moreover, natural gas is used as an ingredient in crude refining, and lower natural gas prices adds more »
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Very Significant Insider Buying in this Oil Company
By Alex Bastardas - February 21, 2013 | Tickers: CVX, COP, MRO, MUR
Murphy Oil Corp. (NYSE: MUR) is an oil and gas exploration and production company that also engages in retail and gasoline marketing in the US, and refining and marketing in the UK. Exploration operations are focused in the US, Canada, UK, Malaysia and the Republic of the Congo. Recently, the company has had very significant insider buying. Would it be wise to copy the insiders on this one?
Insider Buying more »
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The good ones almost always seem expensive
By Carl Crawford - February 15, 2013 | Tickers: CHK, CLNE, FSYS, GE, INTC, MRO, MPC, WPRT
Paraphrasing a lesson from the Bible and many others’ basic investment strategies: ‘…put into seven, even eight because you don’t know which will bring fruit or which will fail…”
Therefore, it’s good to have the pension, another retirement income vehicle, and even five or six other projects, hobbies, and interests that could become a gainful activity. The hard thing on that list has been deciding where to put more »
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