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Archive for 'Chevron'

Best Choice for Dividend Safety in Large Cap Oil

There’s a clear winner for dividend safety, longevity and steady increases in the big oil sector.This company has grown its dividend at  an average rate of over 7% every year for the last 20 years and it also has been able to increase that dividend no matter what the price of oil has been.

In this article, I will be searching for the one large oil company that has the safest dividend. With oil prices continuing to fall towards the $30 level, it is important to see how much flexibility companies have when it comes to their ability to continue paying their dividend. I will be using a similar process as I used for an article I wrote last month after Kinder Morgan (NYSE:KMI) cut its dividend to determine which major oil company has the safest dividend.

Screening Process

I used the FinViz stock screener to find my initial list of companies that are profitable and have outperformed the global energy sector ETF (NYSEARCA:IXC).

Screen Criteria

  • Industry: Major Integrated Oil & Gas, Independent Oil & Gas
  • Dividend Yield: Positive
  • PE: >1 [Profitable]
  • Market Cap: > $10 billion

Screen Results & Elimination

After running the screen, I found fourteen companies that met these criteria.

Eliminations

Now that I had my initial list of large oil companies, I looked at the dividend history of each company and eliminated those companies that have had a dividend cut after the top in oil in 2008. In addition, I also excluded EPD because it is an MLP and I already covered it in my article on MLPs. Like with my MLP article I eliminated any remaining stocks that have underperformed the global energy market over the last year, as represented by the iShares Global Energy ETF [IXC].

Read more from Brad Kenagy

 

 

 

Zacks Reveals Best Oil Stock to Buy Now

The top dogs in the oil business, Chevron, BP and Exxon have been taking a beating lately with crude oil prices in the $40 per barrel range but no need to feel sorry for them, they haven’t switched to driving Yugo’s. Yeah, they’re still making money but it’s a bit tougher for the average investor to cash in with oil stocks, unless you can think a little differently. Dave Bartosiak has a better idea.

I get the question “What are the best oil stocks to buy?” all the time. Recently I’ve been asked that more and more as oil continues to drop. For some reason Americans love oil. Even more, they love oil stocks. We’ve been pounded over the head so much with “peak oil” theories and talk of oil going up forever that the thought of a new paradigm in oil prices is just beyond us.

Don’t think that the bottom for oil is in. There is new supply coming online daily, a weak Chinese currency isn’t going to help, and neither will changes on the demand side of the equation. If you’re looking to pick that bottom, good luck. The problem with trying to pick bottoms is you can only be right once, but you can be wrong a lot of times.

 


See full post from Dave

Oil and Gas Stocks Best Bets

Oil stock prices continued heading south but one investor is betting big time on gas futures, spending about $1 Billion for just over 19 million shares. 

It was a week where oil prices tumbled to their lowest close in more than 4 months but natural gas futures gained for the first time in 3 weeks. On the news front, the top story came from billionaire investor Carl Icahn’s 8.18% stake buy in natural gas exporter Cheniere Energy Inc.

Overall, it was a mixed week for the sector. While West Texas Intermediate (WTI) crude futures dived 6.9% to close at $43.87 per barrel, natural gas prices gained 3% to $2.80 per million Btu (MMBtu). (See the last ‘Oil & Gas Stock Roundup’ here: Crude Slump Batters Exxon, Chevron Profits.)

Oil prices extended their losing streak and fell for the sixth straight week, the backdrop being another increase in the number of crude-directed rigs. An upwardly moving rig count has underlined concerns about an expansion in the commodity’s global supply glut. The recent turn of events in Greece, Iran and China also created pressure. Finally, a stronger dollar has made the greenback-priced crude more valuable for investors holding foreign currency.

Meanwhile, natural gas fared much better amid predictions of strong summer cooling demand with majority of the central and southern U.S. reeling under extreme heat. The U.S. Energy Department’s weekly inventory release – showing a smaller-than-expected increase in the commodity’s supplies – also helped to push up prices.

Recap of the Week’s Most Important Stories

1.    Shares of Houston-based natural gas company Cheniere Energy Inc. jumped more than 8% following the announcement that Carl Icahn has taken a 8.18% stake in the company. The activist investor spent slightly more than $1 billion to accumulate 19.4 million shares of Cheniere Energy.

 

Zacks comments on Oil & Gas

 

One of the hardest things to accomplish with today’s economy is for the small business owner to get financing for business expansion. Staying in business is tough enough but financing a new startup or securing funds to grow your business is difficult at best.  Here’s a video about a company that specializes in finding those needed funds in a very unique way, and it doesn’t matter whether you’re located in  Africa or America.

US-Poland Business Council to Focus on Growing Opportunities

US-Poland Business Council to Focus on Growing Opportunities

The US-Poland Business Council announced today their plan to lead a foundational Business Mission to Poland from October 18th-19th, 2010 in the capital city of Warsaw.  The mission will mark the official launch of the US-Poland Business Council with the intent to further develop the bilateral economic and commercial relationship between the United States and Poland.  The Business Council was founded in the summer of 2010 by 17  US multinational companies including: The AES Corporation, The Boeing Company, Chevron, ConocoPhillips, Eli Lilly, ExxonMobil, Fluor Corporation, International Paper, Marathon Oil, Owens-Illinois, Inc., PHRMA, Raytheon Company, The Shaw Group Inc., Smithfield Foods, Inc., The Timken Company, US Steel and Westinghouse Electric Co.

The mission will focus on the growing opportunities and potential offered by conducting business in Poland and emphasize areas of mutual benefit and interest.  Meetings during the two day mission will include discussions of bilateral market access restrictions and European Commission regulations and policies.  The purpose of the meetings is to cultivate strategic alliances with key interlocutors in the Government of Poland, the US Embassy, as well as the private sector business associations based in Warsaw.  The business delegation will be received and hosted by Poland’s Deputy Prime Minister, Waldemar Pawlak, and Foreign Minister, Radoslaw Sikorski.

“Poland was the only country in the European Union to experience positive economic growth in the past year and is well positioned to take the helm of the Presidency of the European Council beginning in July 2011,” said Eric Stewart, President of the US-Poland Business Council.  “This trip provides a unique opportunity to learn directly from the Polish leadership their plans for guiding Europe through these tough economic times,” added Stewart.  “This mission will establish that the commercial relationship between the US and Poland is important for the mutual economic success of both countries.”

The US-Poland Business Council is a Washington, DC based non-profit organization that promotes commercial relations between the United States and Poland. The mission of the Council is to enhance US-Poland trade and investment, advance the US-Poland bilateral relationship, and educate the public about its importance.  To achieve its mission, the Council will sponsor policy conferences, briefing sessions and major events featuring senior US and Polish officials, academic and business leaders.