StatoilHydro ASA (ADR)
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Will an Anti-Monopoly Case Punish Europe's Oil Companies?
By Joshua Bondy - May 17, 2013 | Tickers: BP, RDS-B, RDS-A, STO
Reports are out that the European commission is investigating a number of major oil companies for price-rigging. These threats shouldn't be taken lightly, as the EU has already shown that it is willing to slap big fines on monopolists and oligopolists, such as Intel. In addition to monetary penalties, the EU has forced monopolists like Google to change their business practices. With the LIBOR fiasco fresh in the mind more »
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This Oil Giant Is Cheap: Should You Buy?
By Federico Zaldua - April 24, 2013 | Tickers: EC, PBR, STO
Petrobras Brazil (NYSE: PBR) is cheap against comparable state controlled oil companies such as Colombia's Ecopetrol (NYSE: EC) and Norway's Statoil (NYSE: STO). Below I post six reasons to explain why you should consider including Petrobras within your portfolio.
1) This month Petrobras will receive the bids for the Brazilian portion of its farm-out process. Assets such as Xerelete, Maromba and BC-10 should be in the package. Analysts more »
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Why I'm Bullish on European Oil
By Daniel Paterson - April 24, 2013 | Tickers: BP, STO, TOT
The oil industry seems to be constantly undervalued. Many of the large companies in this space produce massive amounts of revenue and trade at low multiples. However, there are still ways to identify companies that I feel can outperform American giants such as ExxonMobil and Chevron.
Three European oil companies, all of which trade at even greater discounts when compared to industry competitors, are set up for long-term success all more »
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The Russian Bet
By Federico Zaldua - April 23, 2013 | Tickers: BP, XOM, STO
Since 2013 started, I have been recommending British Petroleum (NYSE: BP). As a matter of fact, I made myself a shareholder. As a responsible investor I have been researching the company and its investments. Talking about investments, one of BP's current biggest bets is its 19.75% ownership of Russian oil giant Rosneft. British Petroleum got this share of Rosneft when it sold its 50% stake in TNK-BP for more »
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Buy, Sell, or Hold for This Offshore Energy Company?
By Nathan Kirykos - April 22, 2013 | Tickers: CIE, E, STO, TOT, EGY
Hunting for overlooked energy companies, I stumbled upon VAALCO Energy (NYSE: EGY) that holds producing properties in Gabon and significant exploration acreage in Gabon, Equatorial Guinea, and Angola. It seems that the good times have bypassed the company's stock, which has underperformed over the last months. However, don't be blinded by this underperformance, because the fundamentals tell us a different story.When numbers speak volumesVAALCO has Enterprise more » -
Buy, Sell Or Hold For This Offshore Energy Company?
By Nathan Kirykos - April 17, 2013 | Tickers: CIE, E, STO, TOT, EGY
Hunting for overlooked energy companies, I stumbled on Vaalco Energy (NYSE: EGY) that holds producing properties in Gabon and significant exploration acreage in Gabon, Equatorial Guinea and Angola. It seems that the good times have bypassed the company's stock which has underperformed during the last months. However, don't be blinded by this underperformance because the fundamentals tell us a different story.When numbers speak volumesVaalco has Enterprise more » -
Regulation or Technology - What's Barring ConocoPhillips From Drilling the Arctic?
By Satarupa Bose - April 16, 2013 | Tickers: COP, RDS-A, STO
Oil spills and faulty exploration techniques have caused extensive and irreversible environmental damages on the face of the earth. In order that no such incidents are repeated, the government should formulate laws, and no such laws pertaining to the Arctic oil drilling have been formulated. This uncertainty regarding federal laws has compelled ConocoPhillips (NYSE: COP) to suspend operations in the Alaskan Arctic waters.
The problem faced
The climate of the more »
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Find Big Dividends Among These European Oil Majors
By Robert Ciura - April 11, 2013 | Tickers: E, STO, TOT
Investing in Europe might seem like a scary proposition, what with market-rattling headlines being made seemingly on a daily basis. News out of Europe continues to suggest the region hasn’t made headway in its ongoing fiscal crisis, and investors would be understandably reluctant to allocate a portion of their portfolio to a continent in the midst of financial calamity.
However, in times like these it’s important to separate more »
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Alaskan Offshore Provides ConocoPhillips Opportunity
By Peter Pham - April 11, 2013 | Tickers: COP, RDS-A, STO
ConocoPhillips (NYSE: COP) is going ahead with its Arctic drilling plans despite the series of setbacks reported by Royal Dutch Shell (NYSE: RDS-A)in the region. At the National Oceanic and Atmospheric Administration's (NOAA) Arctic Open Water meeting recently, ConocoPhillips revealed that it is eyeing the Devil's Paw area of Chukchi Sea, 80 miles off the shore of Alaska.
Although Shell is a much bigger firm, ConocoPhillips is more »
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Alaskan Offshore Provides ConocoPhillips Opportunity
By Peter Pham - April 9, 2013 | Tickers: COP, NE, RDSA, RDS-A, STO
ConocoPhillips (NYSE: COP) is going ahead with its Arctic drilling plans despite the series of setbacks reported by Royal Dutch Shell (NYSE:RDS.A)in the region. At the National Oceanic and Atmospheric Administration's (NOAA) Arctic Open Water meeting recently, ConocoPhillips revealed that it is eyeing the Devils Paw area of Chukchi Sea, 80 miles off the shore of Alaska. Although Shell is a much bigger firm, ConocoPhillips is more »
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The Russian Bet
By Federico Zaldua - April 3, 2013 | Tickers: BP, XOM, STO
Since 2013 started, I have been recommending British Petroleum (NYSE: BP). As a matter of fact, I made myself a shareholder. As a responsible investor I have been researching about the company and its investments. One BP's current biggest bets is its 19.75% ownership of Russian oil giant Rosneft.
British Petroleum got its share of Rosneft when it sold its 50% stake in TNK-BP for $12.5 billion more »
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BP Makes Fresh Investments in the North Sea
By Satarupa Bose - April 2, 2013 | Tickers: BP, STO, TLM
The biggest problem that oil and natural gas companies face is depleting reserves. With daily production, the overall proven reserves decrease and this leads to a situation where these companies have to find and develop new reserves to sustain production.
And this task is quite challenging. Improvement in technology has made it possible to extract oil and natural gas from reserves which were previously out of reach, or economically unfeasible more »
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Europe's First-Mover Disadvantage in the Arctic
By Joshua Bondy - March 15, 2013 | Tickers: RDS-B, RDS-A, STO, TOT
Offshore drilling in the arctic has received a host of negative press. Governments have been prompted to reexamine firms' operations, and environmental groups continue to raise their voices in protest against drillers. In the modern, technologically-oriented world, a first-mover advantage is seen as a great source power and profits. Recent difficulties show that investing after a dip has proved profitable, and can be a better approach.
Why is There Pressure more »
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Why You Should Consider These European Energy Stocks
By Robert Ciura - March 7, 2013 | Tickers: E, STO, TOT
Underneath the scary headline news from Europe, the continent harbors some extremely profitable companies, particularly within the energy sector. If you’re an investor interested in drilling for profits for your portfolio, and you can withstand the pervasive fear that often coincides with news from Europe, these stocks are for you.
... meeny, miney, moe
Eni (NYSE: E) is an oil major based in Italy with a market value of $82 more »
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Statoil Expands its Worldwide Footprint
By Peter Pham - February 26, 2013 | Tickers: COP, XOM, PBR, STO
Russia is home to the world’s biggest natural gas reserves and the Russian state-owned Gazprom is the sole exporter of the commodity. As I noted earlier in a previous article, the firm, which is a key supplier to Europe, is facing a significant threat from the Norwegian energy company, Statoil (NYSE: STO), which is strengthening its foothold in debt-ridden -- and therefore very price sensitive -- Europe. Gazprom meets about 25 more »
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Shell’s Focus on Natural Gas Will Pay in the Long Run
By Peter Pham - February 25, 2013 | Tickers: CVX, XOM, REPYY.PK, RDS-A, STO
The European oil major Royal Dutch Shell (NYSE: RDS-A) posted a surprise slump in profits recently, but that hasn’t deterred the company from investing heavily in liquefied natural gas and unconventional fuel sources. Shell is putting its bet on increasing energy demands from emerging economies in the future--in my mind, a good bet. The company’s annual income dropped by 6% to $27 billion as it missed analysts’ estimate more »
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Quench the World’s Thirst for Oil
By Renia Bula - February 20, 2013 | Tickers: BOLT, GEOS, STO
Geospace Technologies (NASDAQ: GEOS) has a pivotal role in the energy sector, but don’t expect its shares to go soaring--not in the immediate future anyway. The most that Geospace can do for the medium term is perhaps bring some cheer to every Tom, Dick, and Harry as they see some moderation of gas pump prices, which certainly have nowhere to go but higher. On the other hand, Geospace's more »
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Royal Business for Royal Dutch
By Satarupa Bose - February 20, 2013 | Tickers: LNG, CVX, RDS-B, RDS-A, STO, TRP
Can Canada lose an opportunity that will guarantee a high amount of revenue for the country, along with new jobs that will boost the economy? It’s a win-win situation that no country can afford to lose. And Canada hasn’t, as proven by the license that Canada has awarded to Shell (NYSE: RDS-A) (NYSE: RDS-B) and its partners to export LNG from a facility planned on Canada’s West more »
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Behind The Ratings: The Second Biggest U.S. Independent Oil & Gas Producer
By Jordo Bivona - February 19, 2013 | Tickers: APC, BP, XOM, HES, STO
Anadarko Petroleum (NYSE: APC), the second biggest U.S. independent oil and natural gas producer by market value, reported fourth quarter profits that exceeded analysts’ estimates, and output that exceeded its own forecast.
Excluding one-time items, per-share profit was 20 cents more than the 71-cent per share average of 28 analyst estimates compiled by Bloomberg. “They’ve been surprising to the upside regularly now,” commented James Sullivan, an analyst at more »
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Arctic Energy Exploration Is Like An Egg-and-Spoon Race
By Nicholas Kitonyi - January 15, 2013 | Tickers: BP, COP, XOM, RDS-A, STO
The Arctic Circle runs through seven countries on the face of the earth including the U.S, Canada, Iceland, Finland, Norway, Russia and Sweden. The region north of the circle is referred to as the Arctic while the region south of the circle is called the Northern Temperate Zone. I am only interested on the Arctic for now.
According the United States Geological Survey estimates, the Arctic contains about 30 more »
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