making money on oil and gas
 

some info you may find very interesting

YTD% Change.....all are up except Lukoil a russian player

DOW JONES 9.19%

NASDAQ 10.40%

S&P 500 7.91%



BP 9.54%

ConocoPhillips 12.63%

Chevron 19.24%

RoyalDutchShell 20.33%

ExxonMobil 12.83%

Hess Corporation 22.96%

Marathon 37.51%

Murphy Oil 19.59%

Occidental 22.40%

Apache Corp 26.54%

Anadarko Petroleum 20.01%

EOG Resources 20.00%

Frontier Oil 62.25%

Sunoco Inc 31.62%

Tesoro Petroleum 79.17%

Valero Energy 47.56%

CNOOC Ltd. 26.69%

ENI 23.81%

LUKOIL -9.28%

PetroChina 11.88%

Repsol 19.25%

Statoil 23.40%

I'm in the Oil/Gas business so I dont find that interesting. :lol:

Tesoro Petroleum 79.17%

Damn They must of been getting ready to file bankruptcy

Chad, in that last few years a lot of small independent players have popped up. Companies like Tesoro were small and limited in operations so their bottom line wasnt very good. They probably caught a break and were able to buy some wells in hot bed areas like the Barnett Shale in Texas and suddenly their bottom line radically increases. They are still small independents but show a rapid growth.

and if ya own stock in those small independents they will some day be purchased by the big oil companys....when that happens ya get rich quick

Yeppers. Devon, EOG, Conoco/Phillips, and Shell are buying up independents left and right.

Yep......my old company Burlington Resources was purchased by Connoco/Phillips for 33 billion a year ago..............good ride right there

Yeah, and when that happened I lost 700K in business because Conoco/Phillips wanted to keep their existing MSA's in place. SO, my Burlington clients couldnt even talk with me anymore. Freggin jerkys!!! :madd: Whats funny is that my father retired from Conoco/Phillips after 28 yrs of service and I worked for them back in the late 80's. Now they were jerkin the rug out from under me. :( At least Devon and EOG got hot and we ended up doing almost 3m in additional work with them to make up for it. :hd:

Hey Whit, being in Wyoming I'm guessing you've worked the Womsutter field?

nope..all madison formation at the lost cabin gas plant

10 wells all over 26000 ft deep and each producing 45-50mm

worked at Opal plant too for Williams.......1.2 billion cfd ....feed by the Johna field