LOW RISK: HIGH RETURNS?

ConocoPhillips is an American energy exploration and production company which has its headquarters located in Houston, Texas. It was founded in 2002 and had 16,900 employees as of 2012. ConocoPhillips common stock is listed on the New York Stock Exchange under the ticker COP.

ConocoPhillips has recently devised a systematic growth plan which is centered on its core competence. It has planned to capitalize on its strength which is its liquid assets and has started a planned divesture of resources from its non-core, high risk assets. It has announced that it was increasing its Eagle Ford resource base nearly 40%, from 1.8 billion to 2.5 billion barrels of oil in place. A changeover in the firm’s concentration to higher margin liquids will prove to be highly beneficial for the company. This is because liquids still provide nearly double the return as compared to other assets. Therefore, the firm will be able to boost its revenues by focusing on an area of low risk.

As a result of its focused strategy, ConocoPhillips’ focus is now on delivering strong results, with a target of double-digit EPS growth along with low-digit production growth in 2014. The firm’s stock charts has since shown an upward trend coupled with an increase in stock price as well. Currently the stock price of ConocoPhillips is $77.64. It was $51.4 in mid-2012. The dividend per share of the company is also steadily improving which is likely to satisfy shareholders.

Exxon Mobil Has New High Lifetime

A multinational oil company is working in America with the name of ExxonMobil. The company’s headquarter is located in Texas, United States. The company is a direct descendent to other oil companies in America. The company was founded on November 30, 1999 by joining two companies named as Exxon and Mobil. By market capitalization, the company is rated to be the second largest trading company among public. The company is also rated to be the best refining company in the world by its association with Standard Oil. The daily production of the company is approximately $3.921 million.

XOM Stock news says that Exxon Mobil is the highest new lifetime candidate identified by Trade Ideas LLC. According to the news XOM Stock has some factors that gave rise to this identification. These factors include; the average dollar volume of the company is 1.1 billion dollars, second the company has traded an average of 44,276 shares in the last week, and the company is also trading at the new lifetime high. The basics of the company are to produce crude oil and natural gas. In December 2013, the company had 31,823 net operated wells and 37,661 gross.

 
According to XOM Stock Share Prices, over past 30 days the company has the average volume of 12.1 million shares per day, while the market cap of the company is $439.7 billion. Apart from this, presently the company has a stock beta of 0.90. According to the close trading on Monday, the company has shares up 1.7% year-to-date.

Description Of Chevron Corporation

Many famous and huge industries or companies have been set up in the modern day world in order to only fulfill the energy rations all over the world. Some of the biggest companies that are busy in extracting, refining and supplying energy resources are located in America. One of those companies is Chevron Corporation, which came into being after the merger of Gulf Oil of Saudi Arabia and State Oil of California, and this merger is known as the biggest one in the history of time. The renowned company is recently operating in over 180 countries, and it’s headquarter is in California. The company is busy in every aspect of geothermal energy industries, oil, and gas along with refining, exploration and production, chemicals manufacturing and sales, power generation, and marketing and transport.

The Chevron Corporation is known as world’s sixth Super-Major Oil Company, and Fortune Global 500 also ranked it as the 11th largest company of the world. The downstream operation of Chevron manufactures and sells products like lubricants, petrochemicals, fuels and additives. The noteworthy functional areas of Chevron is South Korea, North America’s west cost, Australia, U.S Gulf cost, South Africa and Southeast Asia. The alternative energy productions of the company are fuel cells, geothermal, biofuel, hydrogen, wind and solar.

 
Chevron being one of the largest companies of the world has also been success in maintaining CVX stock graph or stock chart in which today’s CVX stock price can be seen varying from $124.87 to $126.13. It trades under NYSE with a stock symbol of CVX.

Chevron’s Expansion Due to Rise of Demand for Renewable Energy

A few days back, Chevron Corp. ’s Pennsylvania natural gas well has been caught on fire, leading to a person getting burnt and another missing. The fire is estimated to continue till all the reserves burned up. Alternatively such method may be devised to put it off through smothering. Quality tests are still to be conducted to assess the real pollution rates caused to the environment as a result of this event, which may ultimately come down a huge amount being paid, if the natural impact is calculated as high as per the claims of sites showing CVX stock news.

The concept of alternate and renewable energy is still a few years ahead from being accepted and adopted widely; such a solution will always have substantial negative imprints on the oil and gas industry. On one hand, the recent fall in oil prices has made energy cheaper once again, it has also raised questions on the economics of the renewable energy, and on the other hand, governments are seen to be supporting and making grants to the development and implementation of renewable energy on the global concerns of climatic change.

 
These developments have led to a falling price of CVX stock. The CVX stock quote for today shows that its stock price is $124.72 with an average change of 0.18%. If you want to know more about the company, then visit Bidnessetc.com ~ Chevron’s company page.

ConocoPhillips, A Long Journey Of Royalty And Downfall!

ConocoPhillips is a multinational energy corporation in America. Its headquarters are located in Houston, Texas. It is known to be the world’s best production and exploration company and is known for its good links with other companies. The company was founded in 1875 as Continental Oil and Transportation Company. It was earlier an oil, coal and grease company but latter acquired assets and established wide range of petrochemicals as well. On June 26, 1929, Marland Oil the founder of company renamed it as Continental Oil Company.

From the very start, the stock shares of the company were 2,317,266 that were enough for any company to be get noticed. Presently, according to ConocoPhillips stocks the net income of company is $117.144 billion, this is the estimated value for the records of year 2012. For the revenue the estimated value according to ConocoPhillips stock news of year 2012 is $62.004 billion. In time period from 2009 to 2011 $10 billion assets of the company got sold that cast a deep mark on the stock rate of the company. For next two years. In January 2013, ConocoPhillips Company announced that the company is going to sell its Rocky Mountain assets for 1.5 billion U.S. dollar to Danbury Resources.

Apart of its publicity, the company has been raked at 13^th number among U.S. corporate producers of air pollution. The company has been named a defendant and COP stock highlights that it was among the companies that colluded with the Georgian government to approve a $3 billion pipeline so that they can avoid any lawful restriction.