Calling Wal - Mart «our best $ 35 oil idea» in a mid-December note, Nomura analyst Robert Drbul wrote that low
oil and gas prices help Wal - Mart «for two key reasons: 1) we believe lower income demographic consumers stand to benefit most from lower gas prices, and 2) we believe its private transportation fleet (> 6,650 trucks; one of the largest in the world) will realize cost benefits due to low fuel prices.»
Not exact matches
PARIS, April 26 (Reuters)- Record output
and high
oil prices helped French
oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.
BP beat analyst expectations on Tuesday, as higher crude
prices and rising production levels
helped to fast - track a recovery in one of Europe's largest
oil and gas companies.
May 1 Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude
prices helped the
oil and gas producer earn more per barrel.
HOUSTON ConocoPhillips, the world's largest independent
oil and gas exploration
and production company, posted a bigger - than - expected first - quarter profit on Thursday,
helped by rising crude
prices and cost cuts.
Our Data Dashboards
help you visualize critical
oil and gas information quickly
and easily (e.g., reserves, spuds,
oil and gas prices).
PDC utilizes an active hedging program for
oil and natural
gas to reduce the effects of variable commodity
prices and help insulate cash flow to
help fund its capital expenditure program.
The dollar's weakness, however, failed to
help global
oil prices, which continued to fall in Monday trading following last Friday's data from Baker Hughes (BHI) showed U.S.
oil and natural
gas producers added 21 rigs over the past week,
Washington (CNN)- The number two House Democrat broke Monday with some of his fellow Democratic colleagues,
and said he does not believe releasing
oil from the Strategic Petroleum Reserve (SPR) is appropriate now
and it wouldn't
help lower
gas prices.
Meanwhile, a looming strike at several Norwegian
oil and gas fields which threatened to cut output in Western Europe's biggest producer also
helped support
prices on Tuesday.
For instance, recent advances in
oil and gas drilling technology
helped bring on the plunge in
oil prices.
With Russia's government collecting nearly half of its revenue from taxes on its
oil and gas industry, Putin's ultimate motive in the Middle East could be to
help push
oil prices up.
Since the beginning of the year, several key developments have
helped to boost the outlook for
oil and gas prices.
In addition to its positive impact in utility
prices, new
and improved energy infrastructure will
help our nation continue leading the world in the production of
oil and natural
gas and in the reduction of carbon emissions, which are near 20 - year lows.
With the advent of hydraulic fracturing we are able to produce
oil and gas at much greater levels here in the United States that puts downward pressure on
price, which
helps consumers
and also makes natural
gas more abundant.
Not only is the U.S. gearing up to export both
oil and gas, it is also a major coal exporter,
helping to crash
prices there, too,
and to bring affordable fossil fuel to the world.