Now, all motorists can save even more on fuel with two Shell $aver Card(SM) offers. New cardholders will be rewarded for activating now with savings of 10 cents per gallon through April 30, 2011. Meanwhile, all cardholders will have a chance to save 22 cents per gallon throughout the year as part of a special racing promotion — “WINsdays...
Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in the United States and Qatar. Oil demand rose last year and the U.S. government expects another 1.5 percent gain this year as businesses’ and consumers’ appetite for fuels like diesel...
Chevron Corp’s 72 percent rise in quarterly profit easily beat Wall Street forecasts, but anemic growth in its oil reserves disappointed investors and its shares fell 1.5 percent. Like smaller rivals ConocoPhillips and Occidental Petroleum Corp, earnings at the second-largest U.S. oil company were lifted by the strength of oil prices. But Chevron...
Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2010 of $31.6 million, or $.59 per share, compared with $29.2 million, or $.54 per share, for the 2009 fourth quarter. The 2009 fourth quarter results included a $4.8 million before taxes, or $.05 per share, charge for shore staff reductions,...
Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume...
RANGE RESOURCES CORPORATION announced today that its proved reserves as of December 31, 2010 increased 42% to 4.4 Tcfe. From all sources, Range replaced 931% of production in 2010 with 840% reserve replacement occurring through the drill bit and positive performance revisions. Finding and development costs from all sources, including acquisitions,...
SteelPath Fund Advisors announced today a update call for institutional investors regarding the SteelPath MLP Alpha Fund the SteelPath MLP Income Fund , and the SteelPath MLP Select 40 Fund The Funds’ portfolio managers will review the market and fund performance for the year 2010. The call will be held on Thursday, January 27, 2011 at 3:30 p.m....
MagneGas Corporation the producer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that Florida Congressman Gus Bilirakis visited the Company during the week of January 5th. After receiving a tour and comprehensive demonstration of the Company’s newest Refinery, Congressman...
www.wallstreetequityresearch.com gives shareholders valuable insight on oil & gas drilling & exploration stocks Dune Energy Inc. (OTC.BB:DUNR – News) and Alamo Energy Corp. (OTC.BB:ALME – News). Sign up today at www.wallstreetequityresearch.com to receive free research reports on these equities. Oil prices recently hit a two year...
2010 marked a year that most natural gas investors would like to forget. The reason for the drop in prices and stocks was simply supply and demand. Natural gas supplies have grown in recent years as new technologies have made it easier for producers to unlock previously unreachable reservoirs in onshore shale formations. Some natural gas producers have...