Under the Hood: A Look at an Interesting Dividend ETF
2010-09-02 05:12:52
Keywords: dividend etf,cvy etf,exchange traded funds,claymore zacks,chevron,conoco phillips,dupont,philip morris,linn energy,telefonica,astrazeneca,reits,master limited partnership,real estate investment trusts,INVESTING,CVY,CVX,COP,DD,PM
Quote: The top holdings include familiar names such as Chevron CVX), ConocoPhillipsCOP), DuPontDD), and Philip MorrisPM) as well as MLPs like Linn EnergyLINE) and international dividend darlings like TelefonicaTEF) and AstraZenecaAZN).One drawback may be an almost 24% weight to financials, but some of that exposure comes via preferred stocks. Energy gets an almost 21% weight while utilities account for almost 18% of CVY.CVY has expense ratio of 0.6% and a yield over 5%.Below, find some more great ETF a...
Read articleWoodside Says Forced Land Purchase Makes LNG Plan More Certain
2010-09-02 05:12:48
Quote: Woodside and the other companies involved,
including Chevron Corp. and Royal Dutch Shell Plc, target a
decision on whether to commit to developing the liquefied
natural gas venture in 2012.
“Developing gas from the Browse Basin is critical for the
development of this state, this nation and its indigenous
people,†Barnett said in his statement.
Woodside rose 0.6 percent to A$43.15 at 1:48 p.m. in Sydney,
almost in line with the 0.7 percent gain in the benchmark
S&P/ASX 200 Index...
Read articleUPDATE - Australia state helps Woodside in land dispute
2010-09-02 05:12:48
Keywords: Australia,Asia/Pacific,Liquefied Natural Gas,Natural Gas,Oil / Gas Exploration / Production,Oil / Gas,Liquefied Petroleum Gas,Integrated Oil / Gas,Energy,United Kingdom,Western Europe,Europe,Mining / Metals - Specialty,Miscellaneous Materials,Metal / Mini
Quote: Joint venture partners also include BP
(BP.L), Chevron (CVX.N), Royal Dutch Shell (RDSa.L) and BHP
Billiton (BLT.L)(BHP.AX). Woodside has not put a price tag on the cost of development
but analysts and project partners earlier estimated costs
between A$30 billion and A$50 billion. With the state government's intervention, Woodside will
have six months to reach a deal with registered native title
claimants and if no agreement is reached, the dispute would be
referred to the National Native Title ...
Read articleEnergy Stocks: Energy stocks gain, on track for August loss
2010-09-01 04:41:34
Keywords: Markets|U.S. & Canada, DJIA, Dow Jones Industrial Average, XOM, Exxon Mobil Corp, CVX, Chevron Corp, XOI, ARCA OIL INDEX, XNG, ARCA NATURAL GAS, OSX, Philadelphia Oil Service Sector Index
Quote: consumer confidence, causing energy stocks to move down to approach their August lows.The Dow Jones Industrial Average/quotes/comstock/10w!i:dji/delayed(DJIA10,015,+4.99,+0.05%) rose 5 points, after waffling in positive and negative territory during the session.DJIA components Exxon Mobil/quotes/comstock/13*!xom/quotes/nls/xom(XOM59.11,+0.11,+0.19%) and Chevron/quotes/comstock/13*!cvx/quotes/nls/cvx(CVX74.08,+0.30,+0.41%) rose 0.2% and 0.4%, respectively.So far this year, Exxon Mobil has fallena...
Read articleEnergy Stocks: Energy stocks finish August with more losses
2010-09-01 04:41:32
Keywords: Markets|U.S. & Canada, DJIA, Dow Jones Industrial Average, XOM, Exxon Mobil Corp, CVX, Chevron Corp, XOI, ARCA OIL INDEX, XNG, ARCA NATURAL GAS, OSX, Philadelphia Oil Service Sector Index
Quote: consumer confidence, causing energy stocks to move down to approach their August lows.The Dow Jones Industrial Average/quotes/comstock/10w!i:dji/delayed(DJIA10,015,+4.99,+0.05%) rose 5 points, after waffling in positive and negative territory during the session.DJIA components Exxon Mobil/quotes/comstock/13*!xom/quotes/nls/xom(XOM59.11,+0.11,+0.19%) and Chevron/quotes/comstock/13*!cvx/quotes/nls/cvx(CVX74.08,+0.30,+0.41%) rose 0.2% and 0.4%, respectively.So far this year, Exxon Mobil has fallena...
Read articleChevron to seek oil near Liberia
2010-08-31 07:27:22
Quote: Chevron Corp. inked a deal with the West African nation of Liberia to look for oil off its coast.Liberia, a nation founded by freed slaves, is one of the poorest countries on the planet. Like Angola, another African nation where Chevron (NYSE: CVX) has discovered and pumped out a lot of oil, Liberia was brutalized by a long civil war and many atrocities between factions in the fight.This deal lets San Ramon-based Chevron seek oil for three years in the Atlantic Ocean off the Liberian coast.Chevr...
Read articleStrong Buys Among Oil Stocks
2010-08-31 07:27:20
Quote: My quarterly value level is $10.24 with mymonthly risky level at $22.75.
CVX) ($74.93) is the fifth-largest integrated energy company in the world.Headquartered in San Ramon, California, and conducting business inapproximately 180 countries, this highly competitive corporation isengaged in every aspect of the oil and natural gas industry, includingexploration and production; refining, marketing and transportation;chemicals manufacturing and sales; and power generation.
Chevron is rated a STRONG ...
Read articleUPDATE - Kazakhstan to double oil duty, metals may escape
2010-08-31 07:27:19
Keywords: Kazakhstan,Emerging Market Countries,East European Countries,Europe,Asia/Pacific,Economic Indicators,Economic Events / Macroeconomics,Financials,Russia,Crude Oil,Energy,Metal / Mining,Mining,Steel,International Trade,Government / Politics,Taxation,Company
Quote: He said Tengizchevroil, the Chevron-led (CVX.N) consortium
that is Kazakhstan's biggest oil producer, was paying the export
duty and that any firm operating under a production sharing
agreement was obliged to contribute. Other producers will also be affected. Troika Dialog
brokerage cut its 2011 net income forecast for London-traded
KazMunaiGas Exploration & Production (KMGq.L) by 6 percent. "The move adds another layer of uncertainty for investors
who are trying to model Kazakh oil companie...
Read articleAmerica No Longer the Place to Play Gasoline - Look Abroad
2010-08-30 02:10:27
Quote: Other companies such as ExxonMobil Corporation XOM)and Chevron Corporation CVX)aren’t in the same boat asthe refiners I noted above, as they’re morediversified and therefore lessdependent on the U.S. gasoline market.They have international exploration andproduction operations, as wellas exposure to natural gas and chemicals. And speaking of the international climate… Head Overseas to Playthe Gasoline Boom Unlike in the United States, demand for gasoline is on therise inplaces ...
Read articleUPDATE - Kazakhstan raises oil output forecast on Chevron JV
2010-08-27 07:09:26
Keywords: Russia,Kazakhstan,United States,East European Countries,Europe,Economic Indicators,Economic Events / Macroeconomics,Emerging Market Countries,Asia/Pacific,Crude Oil,Refined Products,Natural Gas,Central/Eastern Europe,Integrated Oil / Gas,Energy,Company Ne
Quote: Fri Aug 27, 2010 5:04am EDT
* Output seen at 82-83 mln T, Tengiz at 25 mln T * Output has doubled over past decade, more growth ahead * KazMunaiGas sees own production at 24 mln T by 2014(Adds quotes, details, background) By Raushan Nurshayeva ASTANA, Aug 27 (Reuters) - Kazakhstan may exceed its oil
output target this year on the back of higher oil production
from a Chevron-led (CVX.N) venture, the head of Kazakh state
firm said on Friday. "I think oil production in Kazakhstan may exceed 80 mil...
Read articleShareholders Reports on Chevron and Exxon Mobil -- Economic Dilemma and Competition Woes v/s Refining Margins and Higher Oil Prices
2010-08-26 09:59:13
Keywords: Shareholders Reports on Chevron and Exxon Mobil -- Economic Dilemma and Competition Woes v/s Refining Margins and Higher Oil Prices, cvx,xom
Quote: www.RothmanResearch.com undertakes intensive analysis of the major integrated oil & gas industry and provides systematic research on Chevron Corp. CVXNews) and Exxon Mobil Corp. XOMNewswww.rothmanresearch.com to get access to these free reports and more.Higher supply and lower demand have driven down the price of oil recently. With drivers cutting back in the typically positive summer driving season, oil and gas companies now have large inventories on hand. The growing popularity of alternativel...
Read articleDividend ETFs Take Divergent Paths
2010-08-26 09:59:10
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Don Dion ,ETF
Quote: The fund's top positions include LorrilardLO), EntergyETR), CenturyLinkCTL), ChevronCVX), and McDonaldsMCD).SDY deviates from DVY in its approach to seeking dividend yield. The fund is designed to mimic the performance of the S&P High Yield Dividend Aristocrats Index. Rather than simply picking out companies that have boasted a stable yield over time like DVY, this index specifically seeks out firms that have consistently increased their dividends over the past 25 years.SDY's top positions inclu...
Read articleOil Rises Despite Surprise Inventory Build
2010-08-26 09:59:10
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Sung Moss ,Commodities
Quote: On the Dow, Exxon MobilXOM) shares dipped 0.05%, though ChevronCVX) gained 0.4%.Elsewhere on the Nymex, natural gas futures for October delivery tumbled 16 cents to $3.90 per million British thermal units. Natural gas watchers will turn to a separate EIA report due for release Thursday morning, which is expected to show storage levels increasing by 37 to 41 billion cubic feet last week.--Written by Sung Moss in New York.Sung Moss.tips@thestreet.com......
Read articleOil Stocks Chase Exxon In Pro Popularity
2010-08-25 01:20:24
Keywords: Oil Stocks Chase Exxon In Pro Popularity, apa,bp,cop,cvx,hes,oxy,rds-a,xom, ideas-and-strategies
Quote: At the end of the second quarter, ExxonMobilXOMNewsthe Pro popularity ranks with 900 13F-filing asset managers counting shares among their top-15 U.S.-listed equity positions.Given the stock's massive market cap, and its inclusion in the S&P 500 and Dow 30, it's no surprise to see it near the top of the list, but what about the rest of the oil and gas sector?the Big Oil and Gas Stocks Index shows that ChevronCVXNews) was the runner-up in end-of-Q2 Pro popularity, followed by distant third Conoco...
Read articleRIG Rebounds; Supervisor Blames BP's Screwed-Up Design
2010-08-25 01:20:21
Quote: That conversation has included finger-pointing by both companies.
The sentiment today seems to have shifted in Transocean’s favor, perhaps reflecting the point of view expressed in a Bloomberg article today by Laurel Brubaker Calkins.
Calkins interviewed Buddy Trahan, a Transocean supervisor who was injured on board the Deepwater Horizon in the explosion.
“BP Plc’s ’screwed-up’ well design caused the Gulf of Mexico explosion, Trahan told Calkins.
Trahan is suing BP, con...
Read articleChevron says see El Segundo ops normal shortly
2010-08-25 01:20:17
Keywords: Crude Oil,Refined Products,Energy,United States,Integrated Oil / Gas,Commodities Markets,Energy Markets,Energy,Oil / Gas,Company News item,Economic news, EC, business/financial pages,
Quote: HOUSTON |Tue Aug 24, 2010 8:31pm EDT
HOUSTON Aug 24 (Reuters) - Chevron Corp (CVX.N) said a gas
compressor on an unidentified unit was being restarted on
Tuesday night and normal operations were expected shortly at
its 279,000 barrel per day (bpd) El Segundo, California,
refinery. The compressor malfunctioned on Monday night and triggered
buying on in West Coast refined products markets which lifted
wholesale gasoline prices 4 cents per gallon. "This problem has no impact on our ability to deliv...
Read articleSturdy Houston Sees Its Market Go Wobbly
2010-08-25 01:20:16
Quote: A Continental spokeswoman said the merged company will maintain a significant presence in Houston but that decisions on office-space needs haven't been made yet.Chevron Corp., the building's other major tenant, says it will trim its office space in downtown Houston by the end of 2011 as it reduces the size of some business lines. The headwinds buffeting the skyscraper and other properties have Houston's office market suddenly feeling the jitters. In addition to the changes at Continental Center ...
Read articleChevron's $27 bln Ecuador damages case
2010-08-24 05:23:13
Keywords: Ecuador,United States,South / Central America,Emerging Market Countries,Energy,Organization of Petroleum Exporting Countries,Equities Markets,Crude Oil,Refined Products,Lawmaking,Judicial Process / Court Cases / Court Decisions,Government / Politics,Econo
Quote: Mon Aug 23, 2010 7:00pm EDT
By Hugh BronsteinLAGO AGRIO Ecuador, Aug 24 (Reuters) - U.S.-based Chevron
Corp (CVX.N) faces a $27 billion environmental damages lawsuit
in Ecuador, a case that has already dragged on for years and
could last many more if it gets bogged down in appeals.
[ID:nN23244474] The amount in requested damages, assessed by an Ecuadorean
court appointee, makes it the biggest case of its kind. An initial decision is expected in the months ahead, though
there is no fixed timetab...
Read articleChevron says seeking to sell Colonial Pipeline stake
2010-08-24 05:23:13
Keywords: Crude Oil,Refined Products,Natural Gas,Energy,United States,South Korea,Gasoline,Heating Oil / Gas Oil,Integrated Oil / Gas,Commodities Markets,Energy Markets,Asia/Pacific,Emerging Market Countries,Natural Disasters,Company News item,Economic news, EC, bu
Quote: NEW YORK |Mon Aug 23, 2010 2:29pm EDT
NEW YORK Aug 23 (Reuters) - Chevron Corp (CVX.N) said Monday it was
pursuing the sale of its 23.4 percent stake in the Colonial Pipeline, the
largest U.S. oil products pipeline. "We believe there is significant market interest in this asset given
Colonial's size, market access, steady cash flows and expansion potential,"
said Mickey Driver, a spokesman for the company. Driver said Chevron expected the sale would be completed this year and
that it would not d...
Read articleChevron fights potentially historic damages case
2010-08-24 05:23:12
Keywords: Chevron fights potentially historic damages case, cvx,rdsa.l, legal-matters
Quote: and Ecuadorean courts.As the ruling looms, each side accuses the other of presenting fraudulent evidence while a slew of related legal actions are played out in the United States and Europe.Investors and the petroleum industry are watching to see if Chevron will have to pay massive damages, setting a precedent that could fuel other big lawsuits against oil companies accused of polluting countries around the world.Ecuador's President Rafael Correa has sided publicly with the plaintiffs. Both side...
Read article