Clients and their sectors KBR (KBR) has a diverse customer base. According to KBR, its customers are “domestic and foreign governments, international and national oil and gas companies, independent refiners, petrochemical producers, fertilizer producers and manufacturers.” Revenue from overseas operations represented 63%, 57%, and 51% of KBR’s total revenue in 2014, 2015, and 2016, respectively. In this part, we’ll look at […]
Primary subsidiaries Previously, we discussed various acquisitions completed by KBR (KBR). Let’s now take a look at some of KBR’s subsidiaries and how they fit into the big picture for the company. Energy and construction Granherne, a KBR technology and engineering subsidiary, operates in the oil and gas industry. Granherne provides front-end engineering and design services […]
Companies in the energy sector were mixed on Wednesday, September 7. At 3:05 PM EDT, the United States Oil ETF (USO) and the PowerShares DB Oil ETF (DBO) rose by ~1.2% and ~1.4%, respectively.
The Scout International Fund invests in established companies that are either headquartered outside the US or whose main business is carried out internationally.
The Harding Loevner International Equity Portfolio (HLMNX) invests in developed markets except the US, as well as in established companies from emerging and frontier markets.
Three of ten companies surveyed have rated BP a “buy” or “outperform.” The highest 12-month price target for BP stands at $43, indicating a 26% rise from its current levels.
Eni is insulated to a certain extent from oil price volatility due to its integrated model. However, the company is not immune to changes in oil prices.
The cost of production per barrel of crude oil is $17.20 in Russia—compared to $9.90 in Saudi Arabia. The cost only includes operational and capital expenditure.
Canadian oil and gas companies such as Imperial Oil, Suncor Energy, and Advantage Oil & Gas were trading at an average of 13% below their 100-day moving averages.
Venezuela accounted for 17.5% of the world’s total proven crude oil reserve in 2014. According to a study by BP, Venezuela’s break-even cost is ~$23.5.
How does the Fed’s hike impact different energy streams? A rising interest rate hurts the financials of oil and gas exploration and production companies.
The cost of production per barrel of crude oil is $17.20 in Russia—compared to $9.90 in Saudia Arabia. Russia accounts for 6.1% of the world’s total crude oil reserve.
As per the BP statistical review of the world’s proven oil reserves until 2014, Indonesia (EIDO) had 3,700 million barrels, while OPEC had ~1,216,000 million barrels.
Civeo is also expected to benefit in 2015 from its recently completed McClelland Lake Lodge, the majority of whose rooms are under contract through the first quarter of 2017.
