Blog > Archive by tag 'Chevron'
The oil cycle is working. After a surge of new drilling and exploration, the world now has more oil than it knows what to do with. The phenomenon is causing many investors to bail out of the industry.
By Andrew Snyder
Baltimore – (TFN): I could hear the clamoring of heavy equipment in the background. Over the [...]
Tags: amex:DUG, BP, british petroleum, Chevron, crude prices, CVX, dug, Exxon Mobil, financial news, nyse:BP, nyse:cvx, NYSE:XOM, oil cycle, oil drilling, oil industry, refinery capacity, refinery shortage, ultrashort oil and gas, xom
After making a great call on Chevron (CVX) earlier this year, Horacio Marquez is moving to oil sands operators. Is Suncor Energy (SU) a buy at current levels? Or should you ignore it until production is up?
by Horacio Marquez, Money Morning
Baltimore — (TFN): On July 21, when oil was trading at some $125 [...]
Tags: alberta, Chevron, CVX, energy, Horacio Marquez, offshore drilling, oil, prices, sands, su, suncor
Crude prices are down today. Oil stocks like Exxon (NYSE:XOM) and Chevron (NYSE:CVX) have been all over the place lately. Is the commodity boom finally over?
By Andrew Snyder
Baltimore (TFN): If you are an energy-industry investor, it is a good bet that you have quite a headache after the last two trading sessions. With a free [...]
Tags: Chevron, Commodities, crude, crude prices, CVX, Exxon Mobil, financial news, oil, oil industry, selling, shorting, speculation, tfn, xom
"Western oil majors like Exxon are finding it harder than ever to identify new prospects and successfully complete new oil projects. This comes despite the fact that the oil industry is flush with profits from upstream operations, and is eager to expand." — Byron King
by Byron King
Baltimore — (TFN): Western nations — the [...]
“Oil prices have barely budged based on the Saudi Summit. There has been no summer sell-off, and I’d be surprised to see a significant pullback as the summer driving season kicks into gear.” — Byron King
by Byron King
Baltimore — (TFN): The returns are coming in from the distant precincts of the oil patch, and the [...]
"Chevron is the most bullish of the major (oil companies). They’ve spent $17.5 billion to buy Unocal in 2005 when oil was at historic highs – a huge risk at the time. Today’s $90 per barrel oil makes Chevron look like a genius on that deal." — Chris DeHaemer
by Chris DeHaemer (from the TFN [...]