Tag Archives: Oil & Gas
Imperial Oil (IMO): The Poor Stepchild of Exxon Mobil
Imperial Oil (IMO), in which Exxon Mobil Corp. has a 69.6% stake, is the largest integrated oil company in Canada. Across the value chain, it is a leading producer of oil (primarily through its assets in the Athabasca oil sands), … Continue reading
Unit Corp Returns to Growth Mode
Unit Corporation is a diversified oil & gas company based in Tulsa, OK. Founded in 1963, the company was originally a contract driller. Over the years, it expanded into oil & gas exploration and production and mid-stream services (i.e. gathering, … Continue reading
A Quick Look at Tidewater’s Chapter 11 Plan
Tidewater, the largest publicly-traded operator of offshore vessels and marine support services for the offshore oil & gas industry filed for Chapter 11 bankruptcy proceedings on May 17, one week after announcing that it had reached agreement with creditors on … Continue reading
Market Update: A Temporary Head Fake?
Since my last update (Feb. 26), the stock market has had its ups and downs, reflecting the push and pull of stronger economic data against higher interest rates and the ongoing political wrangling in Washington.
Denbury Resources 2015 Third Quarter Update
Last year’s bounce did not signal a bottom for Denbury Resources (DNR). The company’s financial and stock price performance this year has been driven by the collapse in the price of oil. But there is obviously more to the story. … Continue reading