Hailed by some as «the world's first really green oil deal,» Ecuador's plan would leave almost a billion barrels of oil in the ground below Yasuni National Park in return for $ 3.6 billion, or about half
the market value of the oil.
Not exact matches
A lot has changed in crude
oil markets in North America in the last few years, and these changes have had significant impacts on the
value of Western Canadian crude production.
Marathon
Oil Corporation (mro), the upstream division, traded on February 3 at $ 9.27, giving it a
market value of around $ 6.3 billion.
The day before Marathon announced it was breaking up in January 2011, the combined company had a
market value of around $ 28.9 billion, when
oil was trading at around $ 90 to a $ 100 a barrel.
On the other hand, if the province decided not to become involved in the firm shipping
market, they would distort the signals received by the regulators in terms
of the demand for shipping services, leaving the system short
of capacity and lowering the
value of Canadian
oil in the process.
Third, the government
of Alberta takes bitumen (and conventional
oil and gas) royalties in kind, and their responsibility is to
market those products to maximize the
value to Albertans.
The company has also had to take big losses related to write - downs
of the
value of its
oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open
market.
Publicly traded
oil companies have lost billions in
market value, and both public and private firms are moving aggressively to cut capital spending budgets for 2015 — laying off thousands
of workers and shutting down hundreds
of rigs.
And in 2007, with crude prices on the rise, voracious demand for new shares
of PetroChina on the Shanghai Stock Exchange caused the Chinese
oil and gas company's
market value to briefly top $ 1 trillion.
Last year Foreign Reports, a Washington - based
oil industry consultancy, calculated Aramco could have a
market value of $ 250 - 460 billion, excluding the
value of refining assets and guaranteed access to
oil and gas.
Whether it's the stability
of our banks, the vastness
of Alberta's
oil sands, or the gravity - defying march
of home
values, Canadian
markets and businesses have more international appeal — and demand more attention domestically — than ever before.
In the European
market, the
oil sector has a high dividend yield
of about 6 percent — the highest there is — which adds up to real
value, says Nick Nelson, head
of global and European equity strategy at UBS.
CARACAS Venezuelan state
oil company PDVSA has sued a group
of oil trading companies through a U.S. trust over a multi-billion dollar corruption scheme to buy petroleum products below
market value, the lawyer representing the trust said on Thursday.
Before founding K2, he was with American Capital Ltd., a publicly - traded buyout and mezzanine fund (NASDAQ: ACAS), where he created the American Capital Energy Group, building a peak portfolio
of nearly a billion dollars
of market value of energy - related equity and debt investments across
oil and gas production, oilfield services, utility services and alternative energy.
Economists agree externalities should be priced into the
market; they agree that it is demand for
oil and gas that is inflating the
value of our dollar; they agree that a high dollar hurts exports.
Oil prices have fallen more than 15 percent since March 4 to a six - year low
of $ 42.3, wiping out $ 7 billion
of market value of high - yield debt issued by energy companies.
James Hunt, portfolio manager
of the Tocqueville International
Value Fund (TIVFX), answers questions about the fund, the state
of various international
markets, currency depreciation and the decline in
oil prices.
The junk low - grade heavy
oil or what the Koch brothers accurately call «garbage» (the right - wing billionaires remain the largest buyers
of raw bitumen at their Pine Bend facility in Minnesota) is such a complicated and low - grade resource that it requires a complex methodology to grade its
market value.
The EOR project has the potential to add 2,000 bbl / day — 3,000 bbl / day
of light
oil production, which would throw off substantial cash flows and unlock over 25 million barrels
of oil equivalent
of in - place volumes with potential
value of $ 177 million ($ 1.39 / fd share) versus a
market cap
of ~ $ 14 million today.
We don't believe this higher price
of oil reflects a long - term
market - clearing price and, for that reason, we
value oil stocks using an assumption thatoil prices will fall.
My friends in the industry say this is a ludicrous oversimplification for a number
of reasons including (1) Kenney's valuation is based on what he called the «current global
market value» ($ 60 / barrel) which doesn't apply to bitumen, (2) he hasn't included the cost
of extraction or the fact producers would never dump that much
oil onto the
market at once and (3) Albertans only get royalties, not the entire amount.
The price
of oil, remember, like other commodities, is not typically quoted from cash
markets but rather from futures to allow for smoother and more comparable tracking
of the commodity's
value over time.
The bottom line: In today's economic environment, I would still favor stocks over other assets, but I would focus on pockets
of value within the stock
market, including Asian equities and large, integrated
oil companies.
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Our coconut
oil is not sold in the Philippine
market, for the simple reason that we never saw the
value of marketing a traditional product that almost anyone living in the Philippines could produce in their own kitchen with fresh coconuts using the same methods their parents» and grandparents» generation used.
The analysis examines the methane that is burned off, vented, or leaked from the
oil and gas supply chain in New Mexico and quantifies the economic
value of that lost gas based on
market prices.
Similarly, the weighting
of oil and gas in
value indexes is approximately double the weight in the broader
market.
Look at the
market cap
of oil and gas companies versus the estimated
value of the reserves they have in the ground.
With our
market trading at 21 times earnings — that's on the higher end
of its historical average —
value investors are having trouble finding bargains outside
of oil and gas.
A descendant
of John D. Rockefeller's Standard
Oil, today's Exxon Mobil (XOM, $ 78.09) remains one of the world's largest oil companies and is the single biggest company by market value among the 53 Dividend Aristocra
Oil, today's Exxon Mobil (XOM, $ 78.09) remains one
of the world's largest
oil companies and is the single biggest company by market value among the 53 Dividend Aristocra
oil companies and is the single biggest company by
market value among the 53 Dividend Aristocrats.
Exxon Mobil is a dividend investor's dream, with one
of the highest dividend yields (more than 3.6 % at the time
of writing) among its peers on the Dow Jones Industrial Average; the
oil producer has raised its dividend for three consecutive decades, making Exxon Mobil one
of the premier income - oriented
value plays on the
market today.
Lately, the
value of used vehicles has been just as volatile as the stock
market or the price
of oil.
Gyrating stock
values, slumping
oil prices, turmoil in foreign currency
markets, predictions
of slow growth or even deflation abroad... Suddenly, the outlook for the global economy and financial
markets looks far different — and much dicier — than just a few months ago.
Even with adjustments, PTR still has large upside potential (in terms
of asset
values), but it continues to suffer from the same old problems (which
oil's current pricing &
market sentiment just exacerbates).
Take Petroneft Resources (PTR: LN): The intrinsic
value of their proved & probable
oil reserves is obviously a multiple
of the company's current
market capitalization.
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Markets Data Reference Data Regulation SFTI Global
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According to the overall composite ranking approach used by Forbes (based on assets as well as sales, profits, and
market value), and given the differences between bank assets and
oil company assets, ExxonMobil is ranked fifth in the overall list
of «The Top 100» companies in the world, behind three banks and also GE.
That could leave
oil majors with unprofitable reserves, and the companies could lose 40 percent to 60 percent
of their
market value.
That figure may well be much smaller by the time
of the next election, because the
market value of some
of the major companies has been falling rapidly, and the
value of their coal,
oil and gas fired power stations is falling even faster.
HSBC warned that 40 - 60 %
of the
market capitalisation
of oil and gas companies was at risk from the carbon bubble, with the top 200 fossil fuel companies alone having a current
value of $ 4tn, along with $ 1.5 tn debt.
Shale gas companies, in fact, try to illustrate how they've benefited consumers by pointing to how the price
of natural gas on the New York commodities
market began to take a sharply divergent path from the price
of oil in 2005 if the prices are compared by heating
value.
... 2) In dollar terms, the
oil produced in North Dakota in August had a daily
market value of almost $ 100 million at the average
oil price
of $ 106.57 per barrel for West Texas Intermediate (WTI)
oil during the month
of August.
In the period around both the 2006 and 2011 elections, mining magnate Gertler secured mining and
oil assets at prices that were often well below
market value, before later striking lucrative deals for those assets with the likes
of London - listed giant commodities trader Glencore.
Due to significant sales excluded from the SPINS data, such as The Body Shop, Whole Foods
Market and restaurants, as well as the fact that many unreported leading mass - market brands of suntan lotion and sunscreen products include hemp oil, the HIA estimates the total retail value of hemp food, supplement and body care sales in the U.S. to be in the range of $ 130 - 152 million for
Market and restaurants, as well as the fact that many unreported leading mass -
market brands of suntan lotion and sunscreen products include hemp oil, the HIA estimates the total retail value of hemp food, supplement and body care sales in the U.S. to be in the range of $ 130 - 152 million for
market brands
of suntan lotion and sunscreen products include hemp
oil, the HIA estimates the total retail
value of hemp food, supplement and body care sales in the U.S. to be in the range
of $ 130 - 152 million for 2011.
Finally, Sweeney states that «If either bill became law, it would amount to a declaration
of war on fossil - fuel interests, because much
of the present - day stock
market value of coal,
oil, and gas companies is based on their below - the - ground reserves.»
Chevron explores for, produces and transports crude
oil and natural gas; refines,
markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power and produces geothermal energy; and develops and deploys technologies that enhance business
value in every aspect
of the company's operations.
Globitex aims to facilitate entry into the Bitcoin
market for a new generation
of customers, both retail and institutional level traders, enabling the increase in
value and stability that will allow commodities like crude
oil, gold, coffee and other financial instruments to be priced directly in Bitcoin.
These concerns eased somewhat during the latter part
of the quarter, as the dollar's
value began to decline, the price
of crude
oil rebounded and China undertook additional steps to steady its economy, which provided support for the rally
of the stock
market.
Louis and Ryan discuss the impact
of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank
of Japan action and the U.S. budget negotiations; the profile
of home purchasers today; the paradox
of government intervention to make «homes affordable for everyone»; the direction
of the rental
market, rent vs. buy ratios; the comparison
of Fed action during the Volker years vs the Bernanke era; Charlie Sheen,
oil prices; the direction
of the dollar and other currencies race to the bottom; the status
of the dollar as the world's reserve currency; the abandonment
of the gold standard; the fate
of fiat currencies; Utah's gold standard push; the actions states are taking to cut spending; the price
of gold and silver and their role as stores
of value; real estate vs. gold and silver as investments; the impact
of shadow inventory on general inventory; the impact
of the numbers
of government workers and their salaries on the D.C. area housing
market.
Gain — I feel sorry for for thinking that someone like me who knows how to decipher and isolate what a target
market truly
values, and then deliver it in spades — with integrity — is the activity
of a slick, snake -
oil salesman.