Rosetta Resources, Inc.
Market valuations of different businesses, even within the same industry, can vary wildly at any given time. Small businesses tend to have more growth potential, but also entail greater risk; large ones offer more safety but less growth. Identifying the cheapest, small or mid-sized businesses in an industry and pairing the investment with one of the largest gives investors the opportunity to enjoy the best of both worlds. Applying this more »
The oil and gas industry continued to ramp up development in the Eagle Ford Shale during the second quarter of 2012, as this immense domestic resource play draws billions in capital from operators.
Drilling Permits Up
The Texas Railroad Commission reported that 2,827 drilling permits were issued in the Eagle Ford Shale in 2011, up from 1,110 drilling permits issued in 2010, according to the Oil and Gas more »
Several exploration and production companies ended or deferred the development of some onshore oil and gas plays in the United States as operators sought to rationalize capital spending in an environment of volatile commodity prices and uncertain economic growth.
Newfield Exploration Co. (NYSE: NFX) made progress during the second quarter of 2012 on the company’s plan to shift away from natural gas development and increase the percentage of crude oil and natural gas liquids in its production and reserve base. This transition is being led by the development of various onshore plays in the United States as well as opportunities internationally.
Second Quarter of 2012
Newfield Exploration reported more »