Sentences with phrase «oil at a profit»

Not exact matches

Meanwhile, profits were up 50 percent at $ 3.5 billion in Exxon's business exploring for and producing oil and natural gas

The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.

Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.

Reports that shale companies were posting juicy profits at very low oil prices has likely factored into heady projections for shale output.

The roll yield is the profit traders can earn when they roll their investment in crude oil futures, which expire every month, into contracts that expire at a later date.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

From these flags of convenience locations, which have no tax on profits, the oil was then sold to Western refineries at prices marked up to eliminate profits.

Contango, a market situation in which the spot prices are lower than future prices, encourages traders to store crude oil and profit from selling it at prices higher than the spot market.

In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.

If oil prices continue to stay above the level assumed in the March 2011 Budget, and commodity prices continue to rise then corporate profits will be higher and the revenue savings resulting from keeping the rate at 18 % could actually be higher than in the Liberal platform.

But give credit where credit's due — Woodside was the only large oil & gas company in Australia to record a profit in 2015 and continues to operate with a strong balance sheet and sufficient buffer at a break - even point of US$ 28.40 a barrel.

Energy names Marathon Oil and Murphy Oil are actually expected to report losses rather than profits, which is why they don't have price - to - earnings ratios at all.

Crude oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before profit - taking ensued.

Exxon posted higher - than - expected third - quarter earnings Friday thanks to soaring profit at its refineries that process oil into fuel.

The plunge in crude prices all but killed profits at China's top energy producer and its largest oil refiner.

Given that the pipeline is anticipated to create about $ 4 billion per year in profits to the Enbridge shareholders and oil sands producers, these are odious profits that come at the expense of people in other countries and into the future.

Shell Oil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceOil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceoil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceoil and natural gas prices).

It just goes to show that even if the oil price is in the doldrums, there are oil related companies that are profitable at current levels that keep sending you a chunk of the profits.

The knee - jerk reaction of many Canadians, including Industry Minister Tony Clement, is to assume that high gas prices and inflated profit margins are likely to be explained by collusion among the big oil companies to fix prices at higher than acceptable levels.

At the Washington Energy Conference of 1974, convened in the wake of the first Arab oil embargo, Secretary of State Henry Kissinger prevailed on Saudi Arabia to buy U.S. arms and Treasury bonds, and to invest its «petrodollar» profits back in Western banks.

As much as I would like to hate your comment above I have to agree with what you've said here I know there are a hardcore of bloggers on here that will be derisory and downright insulting (Keyboard warriors are always really tough) but unless we have the two new additions we need then we will sadly be another fourth spot contender again, its as simple as that the current squad is nearly there but nearly there is not THERE and I hate to say it but I think its gonna be another case of Wenger stubbornly trying to convince the world he is a genius by winning things without spending much OR by lamenting the injury problems and bad refs and being desultory about big oil funded clubs while the Club we love turns a fat profit for the board and we see no silverware at all.

At this time, however, little oversight or transparency exists to ensure oil profits are spent in a socially and economically responsible manner and there is little insight into the details of leasing arrangements.

Majority of Chinese acquisitions in Central Asia have been financed by Chinese oil majors themselves, who are flush with profits, compared to periodically declining profits at India's ONGC.

Third, every country, state, and region has resources — extremely valuable resources — but we don't think of them the way we do of gas and oil because we're so used to governments giving them away to corporations who sell them back at a profit and pay very little in taxes.

«If we must produce oil at $ 10 / barrel, government needs to be talking to Nigerian companies, who have invested in people and technology and are not repatriating their profits.»

Citi News gathered earlier this week that, at least 200 liters of premix fuel had been diverted by Oil Marketing Marketing Companies that claimed to supply the product outside Accra, but ended up supplying mostly within Accra for industrial purposes at a higher cost to make more profit.

While the measure is unlikely to make it through the divided Congress to become law, Democrats hope to score politically with voters frustrated by a confluence of deep budget cuts in Washington, sky - high prices at the gas pumps, and staggering profits on the oil giants» bottom lines.

During a congressional hearing, lawmakers verbally pummeled oil execs for raking in profits while consumers endure pain at the pump.

The film points out that the culture of financial malfeasance at Enron was evident as far back as 1987, when Lay apparently encouraged the outrageous risk taking and profit skimming of two oil traders in Enron's Valhalla office because they were bringing a lot of money into the company.

bearing in mind an unoptioned standard LWB is # 110k + the premium is not too earth shattering in the scheme of things, even if you allow nothing for material costs, and call profit # 50k then you are looking at only double the hourly rate of the local audi YTS boy to change your oil.

This is why tax breaks abound for oil companies at a time of record profits.

If gas prices go up at the pump, you'll pay more to fuel your car, but you'll also record profits from rising stock prices for oil producers.

Long - term investors should look upon this as a chance to buy oil stocks such as BP (NYSE: BP), Royal Dutch Shell (NYSE: RDS - B), and Hess Oil (NYSE: HES) at a discount to profit over the long teoil stocks such as BP (NYSE: BP), Royal Dutch Shell (NYSE: RDS - B), and Hess Oil (NYSE: HES) at a discount to profit over the long teOil (NYSE: HES) at a discount to profit over the long term.

Shell Oil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceOil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceoil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceoil and natural gas prices).

As a result, the oil industry will return to healthier price levels and oil stocks will do relatively well (albeit with small profit margins even at high prices).

Maybe its the lack of patience I have noticed about myself at times that attracts me to this market but I like the fact that my day trades in crude oil don't last long... I either get stopped out or hit my profit target, normally within 2 - 8 minutes.

This strategy also results in unanticipated, or «windfall» profits: If the contract is purchased forward twelve months at $ 100 and the actual price is $ 150, the refiner will take delivery of one barrel of oil at $ 100 and the other at a spot price of $ 150, or $ 125 averaged for two barrels: a gain of $ 25 per barrel relative to spot prices.

Because if coal to liquids was profitable at the present price of oil, we'd be seeing someone open a coal to liquids plant and making a profit based on the difference.

However, it is reasonable to assume otherwise: oil prices are expected to continue to rise and the oil execs running ANWR will be doing it for a profit — meaning they will charge as much as they reasonably can for their product (something anybody who owns a business would do, so don't reflexively start shaking your fists at the oil execs).

Still, while clearly a disappointment for Shell executives, this was just another day at the office in the always - risky global quest to profit from humanity's 150 - year - old oil habit.

Guess it pays to be the biggest oil company in the world — even though their profits are at the lowest they've been in six years, Exxon still managed to spend more money on lobbying efforts for the climate bill than the entire clean energy industry combined.

This at a time when oil companies are posting the largest profits, quarter after quarter, in the history of American companies?

Oil price increases largely increase ethanol profit margins at the consumer's expense.

In fact, Markey was counting on Republicans to vote against the ban, as that allegedly would expose them as duplicitous shills who care only about oil industry profits, not about reducing dependence on OPEC or alleviating pain at the pump.

Last year alone, the top five oil companies reduced their worldwide workforce by a combined 4,400 employees while making a combined $ 73 billion in profits — and paychecks for senior executives at these companies totaled more than $ 200 million.

During that time, oil revenues soared, Exxon took over Mobil for US $ 82 billion and in 2005, the combined company earned the largest profit in human history at $ 36 billion.

Saudi Arabia, Russia, Iran and Kuwait are trying to curb fossil fuel use at home so they can maximize profits for oil exports.

The Nessergy oil deal shares many similarities with a string of secret deals in Congo's mining sector, where mining rights were bought at knockdown prices by offshore companies and then «flipped» to major international firms for a vast profit.

The industry's greed only grows, fed by a clamor to exploit oil and gas reserves and continue to profit at the expense of people, wildlife, and the climate.

At higher oil prices, profits from carbon storage activities lead to greater CO2 storage.