Feb 18th, 2015
by John Donovan.


Why Stocks Of Chevron Corporation, Exxon Mobil, Royal Dutch Shell, And ConocoPhillips Should Be Avoided
Bidness Etc looks at why Barron’s Asia advises new investors against buying stocks of the four Big Oil companies, namely, Exxon, Chevron, Shell, and ConocoPhillips
By: MICHEAL KAUFMAN
Published: Feb 18, 2015 at 6:36 am EST
Extracts
Crude oil price have dramatically decreased more than 50% since June 2014. Amid the low-price scenario, Barron’s Asia believes that new investors should avoid placing their bets on the four Big Oil companies, comprising, Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), and ConocoPhillips (NYSE:COP).
Barrion’s Asia terms these stocks as the most defensive energy stocks mainly due to minor changes in the value of these stocks since mid-October. The West Texas Intermediate has fallen more than 35% over the same period. read more
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Feb 18th, 2015
by John Donovan.


Danger of earthquakes at Groningen gas field ignored – Dutch safety board
Feb 18 (Reuters) – The dangers caused by gas extraction at the massive Groningen field were ignored for years by operators Royal Dutch Shell, Exxon Mobil Corp and government agencies, the Dutch Safety Board said in a report on Wednesday.
A correlation between gas extraction and earthquakes in the region was clear in 1993, the board said, but “the risks to residents were not recognised”.
Maximising profit was prioritised over safety issues, said the board.
(Reporting By Anthony Deutsch; Editing by Pravin Char) read more
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Feb 18th, 2015
by John Donovan.
From an article by Royston Wild published 18 Feb 2015 by The Motley Fool under the headline:
“BP plc And Royal Dutch Shell Plc Are Perilous Investment Traps”
Extracts
Needless to say, the effect of an eroding oil price has proved catastrophic for the world’s fossil fuel specialists in recent months.
Indeed, a 47% decline in the Brent benchmark since June has been followed by heavy share price declines at both and Royal Dutch Shell during this period.
Earnings picture does not merit premium prices
Prices in the oil producers have regained much ground since mid-December’s troughs, however, when reports first emerged that US shale producers have begun aggressively scaling back output in response to nosediving black gold prices. But this strong share price recovery has again cast doubt on whether the scale of the risks facing the two oil majors are not baked into the price. read more
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royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.