Third-quarter results highlight the firm's competitive advantages, portfolio improvements, and financial performance.
They would eliminate a key competitive advantage, but aren't necessarily a death knell.
Several oil names could greatly benefit from soaring Gulf differentials, but one company remains our favorite.
Given its improving key operating and financial metrics compared with Chevron, we think Exxon is the better play.
The supermajor integrates low-cost businesses to deliver returns on capital above its peers'.
The newly independent firms have enticing dividend yields, but upside potential for their share prices is questionable.
There is little doubt about its resource potential, but the firm presents a host of issues for investors.
ExxonMobil reported a slight increase in fourth-quarter earnings as the benefit of higher prices was largely outweighed by the drop in production and contraction in refining and chemical margins.
At its current price, BG Group should reward long-term investors.
Marathon's current shares offer a 20% discount to the sum of its parts.
We see the strength in each operating segment as supporting evidence of the value in ExxonMobil's integrated model.
To boost returns, integrated firms are shedding downstream assets.
Refiners posted strong gains in 2010, but additional upside may be limited.
Though well-known, opportunities remain among the super majors.
Refining margins have shown improvement, but will it continue?
For refiners, factors other than complexity and size can determine profitability.
Large oil and gas companies are facing challenges to production growth.
Independent refiners continue to face challenges.