WPX ENERGY INC
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3 Firms to Buy and 1 to Watch
By Brendan Marasco - June 17, 2013 | Tickers: APA, BP, XOM, UPL, WPX
The U.S. energy boom receives ample attention, even globally. For example, OPEC, which supplies 1/3 of the world’s oil, is divided due to the increasing flow of U.S. shale oil production. Some member nations are worried price fluctuations expose the vulnerable countries.
But even with global disputes, national debates, and regional differences, some small, likely unnoticed firms are poised to gain.
Barring unforeseen circumstances, the industry more »
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How to Consistently Outperform the Market
By Shmulik Karpf - May 29, 2013 | Tickers: APAGF, CHK, WMB, WPX
A surprisingly unappetizing area of investing -- boring, very complicated, and usually very distant from the hearts of the mass financial media -- can also prove lucrative and rewarding to investors who bother to investigate it. If you're interested in outperforming the general market consistently over the years, here's why you ought to be investing in spinoffs.
What's a spinoff?
Spinoffs can take many forms, but the end result more »
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As Natural Gas Inventories Plunge, Investors Should Buy Exploration Stocks
By Mark Holder - April 29, 2013 | Tickers: CHK, RRC, SWN, WPX
With natural gas and coal stocks trading at 52-week lows, the market continues to ignore the very bullish natural gas weekly inventory reports. In fact, the reports are now mostly glazed over in the financial media.
For those that missed the report this week, the weekly inventories rose by 31 Bcf. While less than the 33 Bcf expected gain, the gain is actually significant as the inventory level over the more »
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Chasing Natural Gas Higher
By Marshall Hargrave - April 13, 2013 | Tickers: COG, WMB, WPX
Natural gas production has been subdued of late, which sounds like an overall negative for natural gas production stocks, but not if rising natural gas prices more than offset this volume decline. -
Is This Natural Gas Player Running on Fumes?
By Jordo Bivona - March 9, 2013 | Tickers: COG, SWN, WPX
Despite strong production growth in 2012 which resulted in better cash flows, weakness in the natural gas market took its toll on Cabot Oil & Gas (NYSE: COG). In this article, I will examine Cabot's latest financials to see if the stock can present any opportunities for investors.
Financials
Cabot recently reported its financial results for the fourth quarter and full-year ended Dec. 31, 2012. Equivalent production of 267.7 more »
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WPX Energy Hints at Explosive Results in the Niobrara
By Mark Holder - January 31, 2013 | Tickers: BBG, ECA, WPX
Last week WPX Energy (NYSE: WPX) announced a discovery in the Niobrara shale that might ultimately double the current 18 Tcfe of natural gas 3P reserves. The discovery well produced an initial high of 16 Mcfe per day suggesting that reserves in the area are much higher than expected.
The company is one of the largest leaseholders in the Niobrara/Mancos shales that underlie the companies expansive leasehold position in more »
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The Myth of Book Value
By Rupert Hargreaves - November 30, 2012 | Tickers: AA, BAC, ETFC, HPQ, INTC, NRG, WPX |
Price to book ratio is a metric usually used by investors to determine if a stock price is undervaluing the asset value of the company. However, one of the problems with this is that the P/B ratio can other be incredibly misleading. For example many tech firms like HP and Intel will often have patents on their balance sheets. These will account for a good portion of the company more »
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Rex Energy Makes a Big Splash into Liquids
By Matthew DiLallo - November 16, 2012 | Tickers: CHK, REXX, WPX
In investing circles you’ll hear a lot of discussion surrounding companies that have things like durable competitive advantages or recurring revenue. We tend to like companies that live within their means and that are growing in a measured and projectable manner. Those companies that deviate from this path and instead lever up to go all in rarely end well.
That’s why it’s not hard to be somewhat more »
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Taconic Capital’s Latest Top Stock Picks
By Meena Krishnamsetty - November 13, 2012 | Tickers: BP, CIT, GM, NXY, WPX
Six to seven weeks after the end of every fiscal quarter, hedge funds and many other notable investors are required to file 13Fs that disclose many of their long equity positions. Taconic Capital, a hedge fund with about $9 billion under management, recently filed its own filing for the third quarter of 2012 and we have gone through its five largest reported positions by market value. Investors may not want more »
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What We Learned About the Barnett Shale During Second Quarter of 2012 Earnings Season
By Eric Fox - August 22, 2012 | Tickers: CHK, DVN, EOG, KWK, WPX
The Barnett Shale was the first domestic resource play to be developed by the exploration and production industry using hydraulic fracturing and horizontal drilling, and many operators have since moved on to other plays in the United States. Despite this inattention, I feel that a review of recent activity here is warranted and necessary to form a complete picture of conditions in the energy sector.
Production Shut In
Quicksilver Resources more »
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Five Oil and Gas Companies Raising Capital Spending for 2012
By Eric Fox - August 6, 2012 | Tickers: COP, CLR, ECA, HES, WPX
While most investor's attention has been focused on the reductions in capital spending for oil and gas development in the onshore United States, several large oil and gas companies have raised capital budgets for 2012 as they pursue additional oil and liquids exploration and development opportunities across the globe.
Conoco Phillips (NYSE: COP) expects to spend $16 billion in capital during the year, up $1 billion from the previous more »
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Price The Market Part 31
By Glen Bradford - January 7, 2012 | Tickers: BEAV, PCP, TSO, BA, WMB, WPX
I want to get away. I want to fly away. Yeah. Yeah. Come with me on my journey to price the S&P500. I've got to get away. Oh. Oh. Oh yeah!
149. Tesoro Petroleum Co. (NYSE: TSO) is another refinery. In fact, in terms of the dynamics at play I think that this is very similar to Valero that I covered just before Tesero. Target: $23-$26. I more »