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ConocoPhillips

Article Index

LNG Stock Analysis for 2014

By , Contributing Writer, Money Morning -

Liquefied natural gas (LNG) stock analysis for 2014 shows even more potential upside for share prices than years past, as companies get closer to exporting. 

That's because several already-approved LNG terminal projects, with a focus on energy-hungry Asian customers, will proceed this year.

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Record Breaking Contango Suggests Higher Oil Prices for 2011

By , Managing Editor, Money Morning -

ConocoPhillips (NYSE: COP) is paying $41,000 a day to keep a storage tanker capable of holding 3 million barrels of oil floating in the Gulf of Mexico, according to international ship- and offshore broking firm RS Platou. And the TI Europe is just one of hundreds of oil tankers sitting idle in waters around the world, as energy companies and investment banks await higher prices for crude.

Oil prices have fallen precipitously since the spring, as optimism about "green shoots" of economic growth gave way to fears of a double-dip recession. Prices have fallen more than 12% to $75.81 a barrel, from a high of $86.54 a barrel in April.

Indeed, with the U.S. economy stuck in the mire, the global outlook for oil demand has diminished - at least in the near-term. Longer-term, however, traders expect prices to surge higher next year as growth solidifies. That's why contracts for crude set to be delivered six months from now are worth more than crude at its current prices - an anomaly known as "contango."

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High Gas Prices Got You Down? Beat the Oil Industry at its Own Game…

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

As the price of crude oil moves above $80 a barrel, consumers are wondering just how high gas prices can go.

Now is the time for such questions.

It's during the month of March that the market begins to readjust inventory and production in advance of the summer driving season. This usually means that production shifts from heating oil to gasoline.

Actually, the real issue is what refined products will be emphasized in the production process. To put it bluntly, U.S. refineries have insufficient capacity to handle all needs.

And that could make you some serious money.

To find out how you can profit from the oil market, read on...

To find out how you can profit from the oil market, read on...

PetroChina, Shell Target Australia's Arrow Energy

By , Associate Editor, Money Morning -

Oil companies Royal Dutch Shell PLC (NYSE ADR: RDS.A) and PetroChina Co. Ltd. (NYSE ADR: PTR) yesterday (Monday) made a joint offer for Australian energy producer Arrow Energy Ltd. in yet another demonstration of how China is turning Australia into its personal commodities broker.

The $3.4 billion (A$3.26 billion) deal would give shareholders A$4.45 per share - a 28% premium from Friday's share price - and a share in a new Arrow international-business entity for each current Arrow share.

Market reaction was favorable as Arrow's prices soared 47% Monday following the news, up to A$5.11 on the Australian stock exchange (ASX).

"It's an opportunistic bid and good for Arrow shareholders," Tim Schroeders, Pengana Capital portfolio manager, told CNBC.

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ConocoPhillips Latest Oil Major to Exit Low-Margin Retail Gas Stations

By , Money Morning -

By Jennifer YousfiManaging Editor ConocoPhillips (COP) is selling its remaining company-owned gas stations in the latest example of the changing face of the retail gas station business. According to unnamed sources, ConocoPhillips, the third-largest U.S. oil company and second largest U.S. refiner, plans to sell 600 company-owned gas stations to PetroSun West LLC for $800 […]

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