Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Monday, November 12, 2012

U.S. to become world's largest oil producer before 2020


All American Investor



Continue reading - U.S. to become world's largest oil producer before 2020, IEA says

Wednesday, April 18, 2012

Occidental Petroleum (OXY)


Occidental Petroleum (OXY) produces and markets crude oil and natural gas, manufactures industrial chemicals, plastics and fertilizer and transports natural gas through pipelines.

The company has grown profits at a 24% over the last ten years. Dividends grew at a lesser rate (10%) though they are expected to rise to an 11% pace. OXY’s return on equity has been in the 11-20% range. The company should continue to grow dividends and earnings as a result of:

(1) rising production from new properties,

(2) the company’s expertise in enhanced oil recovery techniques,

(3) acquisitions,

(4) resumption of operations in Libya,

(5) improving profit margins,

(6) stock buyback program.

Thursday, August 26, 2010

Frontier Oil Corp (FTO) -- Company Highlight and Chart


By Steve Cook
All American Investor

Frontier Oil Corp (FTO) is an independent energy engaged in crude oil refining and wholesale marketing of refined petroleum products. The company has grown profits and dividends in excess of 30% annually over the past five years though its return on equity has declined dramatically from 40%+ to the 10-11% range. While profits fell significantly in 2008 and 2009, earnings are recovering in 2010 and should continue to grow as a result of:

(1) an aggressive capital expenditure program that has dramatically increased both the capacity and performance of its refining facilities,

(2) its ability to process heavier, less expensive types of crude oil while still producing higher value added refined products,

(3) wider margins resulting from stabilizing demand and lower raw material, freight and other costs,

FTO is rated B+ by Value Line, has a 28% debt to equity ratio and its stock yields 1.4%.


Wednesday, February 04, 2009

Oil Contango Signaling New Bull Run in Oil?


FT Alphaville: Bye bye oil contango?
The contango — with us since the latter part of last year — appears finally to be narrowing both in the WTI and Brent markets, especially between the two front-month contracts.

We caution it is too early to say if this really suggests a complete flattening of the curve is imminent. However, it is worth noting considering the theory that a new bull market can only begin when the contango has fully dissipated.
JCB Energy estimates that 11 members of Opec bound by output restrictions reduced crude production by a massive 1.57 million b/d between the end of December and the end of January...JBC Energy believes that the impact of Opec’s most recent efforts should not be underestimated and that the group is serious about reducing the current supply overhang.”
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