Oil

YOU ARE HERE:

Home > Oil

Recent Commentary:

URS' New Oil & Gas Division - Analyst Blog

Tue, 15 May 2012
Zacks Investment Research

Recently, URS Corporation (URS) acquired Flint Energy Services Ltd. for C$25.00 per share in cash and approximately C$1.24 billion (US$1.24 billion) in total. The company entered into the agreement in February 2012.

The acquisition expands URS’ presence in the oil and gas sector. The North American unconventional oil and gas segments have been growing and with this acquisition URS will derive significant benefits in these segments. The company will now be able to provide a comprehensive set of engineering, procurement and construction services to its energy sector clients.

Above 10,000 employees from Flint have been added to URS and a network of approximately 80 locations in North America. The network supports oil, oil sands and gas producing companies in regions of Western Canada and in the Southwest, Appalachian and Rocky Mountain regions of the United States.

Flint has been added as the new Oil & Gas division of URS and this new division of URS will be based in Calgary, Alberta. Flint's former President and CEO, W.J. (Bill) Lingard, will be the division's president. URS' 2012 earnings will include the positive effect of the acquisition.

URS Corp. provides engineering, construction and technical services. The company offers a broad range of program management, planning, design, engineering, construction and construction management, operations and maintenance, and decommissioning and closure services to public agencies and private sector clients globally.

It is also a major U.S. federal government contractor in the areas of systems engineering and technical assistance, and operations and maintenance. Major competitors of URS are AECOM Technology Corporation (ACM), Fluor Corporation (FLR) and KBR Inc. (KBR).

We currently maintain our Neutral rating on URS Corp. with a Zacks #3 Rank (short-term Neutral recommendation) over the next one-to-three months.

AECOM TECH CORP (ACM): Free Stock Analysis Report

FLUOR CORP-NEW (FLR): Free Stock Analysis Report

KBR INC (KBR): Free Stock Analysis Report

URS CORP (URS): Free Stock Analysis Report

To read this article on Zacks.com click here.

At What Level Will Crude Oil Plateau?

CNBC.com
Mon, 14 May 2012 17:06 GMT
If you’re involved in the energy sector, chances are you’re keeping a close eye on the decline in oil prices. When will the selling pressure finally ebb?

Oil price declines on slower China growth

ino.com

By CHRIS KAHN AP Energy Writer (AP:NEW YORK) The price of oil fell Friday after reports that China’s economy appears to be slowing down. China, the world’s second-largest oil consumer, reported a sharp decline in both investment and industrial production growth in April. A slowdown in China could push oil consumption _ and prices _ ...

EOG Resources CEO on Energy Profits

CNBC.com
Wed, 09 May 2012 23:24 GMT
Mark Papa discusses his company's growth strategy to offset the weakness in oil prices.

EOG Resources CEO on Energy Profits

CNBC.com
Wed, 09 May 2012 22:25 GMT
EOG Resources CEO, Mark Papa discusses his company's growth strategy to offset the weakness in oil prices, with Mad Money's Jim Cramer.

Comment on Daily Video Update: US stocks chase European indexes lower by Grovebaby

ino.com
Wed, 09 May 2012 18:31:19 +0000
So the huge energy field that was crude oil is gone? That was fast. Gonna be hard to get my subscription money back now. This dosen't really work that well does it. The triangles at best are too late, let alone just plain wrong. Good week for Adam to be away, he was pushing the hell out of this.

Articles:

Crude Oil: From Above $100 Down to $91 in Ten Days

Elliott wave analysis comes down to this: The ability to identify patterns in price charts. If you can do that, you can do Elliott. Sometimes it's easy, sometimes not so much -- but because there are only 13 known Elliott wave patterns, you can train yourself to find them fairly quickly in most situations. With that in mind, let's take a look at the recent price action in crude.

Tackling the Daunting Task of Staying On Crude Oil's Track

Trying to anticipate the long-term direction in oil prices based on a series of unknown, external variables is like trying to toss a straight arrow in the middle of a hurricane. It's doubtful you'd actually hit the bulls eye. We here at Elliott Wave International believe that with Elliott analysis, you stand a better shot.

Crude Oil: Higher Prices on Low Supply? Seeing is UN-Believing

Question: Does supply play a role in determining the direction of a commodity market's prices? Answer: Absolutely, but not in the way the mainstream financial media paints it out to. Case in point: crude oil. Over the past two years, oil prices have soared from a 4-year low in 2009 to a 2-year high in April 2011.Yet, all this time, crude stockpiles in the U.S. have been rising.

Crude Oil Case Study: Add Value to Your Energy

Market analysts know that faltering momentum often accompanies significant tops and bottoms. With the added perspective of the Wave Principle, our analysts can alert you to market changes that most people never see coming.

Earthquake, Tsunami, Oil-shock, Middle East Wars, Debt Melt-Downs

The public's commitment to US equities is starting to resemble a country western song. Investors have chosen to "stand by their stocks," come what may in global politics and finance, including one of the most politically unstable climates in recent history, as civil protests and military conflict spreads across the Middle East and North Africa. But like the lyrics says: Been down so low, there's only one place left to go -- up.

Sat, 18 Jun 2011 03:01:00 GMT
www.oil-price.net
Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry.

Visit these pages for more Oil resources:

Crude Oil
Crude oil market
Deep oil
Gains in Oil
Global supplies of oil
Higher Oil Prices
Oil and gas
Oil and gold
Oil companies
Oil Futures
Oil prices
Oil production
Oil services stock
Oil supplies
Oil Supply
US Oil

Oil

Recent Commentary:

URS' New Oil & Gas Division - Analyst Blog

At What Level Will Crude Oil Plateau?

Oil price declines on slower China growth

EOG Resources CEO on Energy Profits

EOG Resources CEO on Energy Profits

Comment on Daily Video Update: US stocks chase European indexes lower by Grovebaby

Articles:

Crude Oil: From Above $100 Down to $91 in Ten Days

Tackling the Daunting Task of Staying On Crude Oil's Track

Crude Oil: Higher Prices on Low Supply? Seeing is UN-Believing

Crude Oil Case Study: Add Value to Your Energy

Earthquake, Tsunami, Oil-shock, Middle East Wars, Debt Melt-Downs

Resources:

Code for Crude Oil Dashboard

Oil Drops to Four-Month Low, Trades Below 200-Day Average on ...

OIL: Summary for Barclays Bank Plc iPath Exchang- Yahoo! Finance

Olive oil linked to huge decline in stroke risk

Lucas Oil

CLN11.NYM: Summary for Crude Oil Jul 11- Yahoo! Finance

Commodities - Gold prices, Silver prices and more from CNNMoney.com

Olive oil - Wikipedia, the free encyclopedia

CRUDE OIL PRICE: Oil | Energy | Petroleum | Oil Price | Crude Oil ...

Petroleum - Wikipedia, the free encyclopedia

Code for Crude Oil Dashboard

Oil Drops to Four-Month Low, Trades Below 200-Day Average on ...

OIL: Summary for Barclays Bank Plc iPath Exchang- Yahoo! Finance

Olive oil linked to huge decline in stroke risk

Code for Crude Oil Dashboard