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- Marathon Oil Making the Right Moves
- EMU@GSR submits: Marathon Oil Corporation MRO announced the completion of the sale of its wholly owned subsidiary, Marathon Oil Ireland Limited (MOIL) to PSE Ireland Limited, a subsidiary of Petronas for $180 million. These properties yielded 30 million cubic feet of natural gas per day in Jan-Mar-09 and...
- External links 2009-04-21
- Wood Energy: The New Renewable?
- EMU@GSR submits: Wood is one of the first known sources of heat and energy. We seem to have come back a full circle to where it all started from. The company that takes us back to this primitive fuel, albeit with modern technology is We Energies, a subsidiary of Wisconsin...
- External links 2009-09-02
- Newfield Exploration: Dealing with Lower Gas Prices
- EMU@GSR submits: As gas prices have fallen to levels that equal production costs including sunk cost, gas companies should look to curtail production. The rationale here is that the sunk cost exploration and development cost is written-down depleted on a unit-of-production basis. Newfield Exploration Company NFX has announced...
- External links 2009-08-25
- Patterson-UTI Energy: Rig Numbers Indicate Drop in Oil and Gas Exploration
- EMU@GSR submits: Patterson-UTI Energy, Inc. PTEN reported a operating rig count of 60 for the month of May'09 and an average of 64 for the April-May'09. This is the lowest rig count reported by the company in the Gridstone Research coverage period beginning Mar'03. From the oil and gas exploration...
- External links 2009-06-03
- Cameron-Natco Merger: Natco Shareholders Gain the Most in the Short-Term
- EMU@GSR submits: Cameron Enterprises CAM and Natco Group NTG boards reportedly have approved a merger proposal of 1.185 shares of Cameron common stock in return for each of Natco's approximately 20.3 million shares outstanding, giving Natco shareholders about 10% ownership of Cameron's outstanding shares. The deal seems to...
- External links 2009-06-03
- Halliburton or Weatherford? Don't Buy Either
- EMU@GSR submits: Halliburton HAL and Weatherford Intl WFT reported y/y drop in profits of 33% and 46% respectively for 1Q09. A drop in profit was expected as capital expenditure by their customers have been scaled down. Margins for both companies have dipped sharply as revenues have dipped....
- External links 2009-04-22
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