Hot Canadian Companies To Watch For 2015

Hot Canadian Companies To Watch For 2015: ConocoPhillips(COP)

ConocoPhillips operates as an integrated energy company worldwide. The company?s Exploration and Production (E&P) segment explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Its Midstream segment gathers, processes, and markets natural gas; and fractionates and markets natural gas liquids in the United States and Trinidad. The company?s Refining and Marketing (R&M) segment purchases, refines, markets, and transports crude oil and petroleum products, such as gasolines, distillates, and aviation fuels. Its Chemicals segment manufactures and markets petrochemicals and plastics. This segment offers olefins and polyolefins, including ethylene, propylene, and other olefin products; aromatics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene and styrene-butadiene copolymers; and various specialty chemical products comprising organosulfur chemicals, solvents, catalyst s, drilling chemicals, mining chemicals, and engineering plastics and compounds. The company?s Emerging Businesses segment develops new technologies and businesses. It focuses on power generation; and technologies related to conventional and nonconventional hydrocarbon recovery, refining, alternative energy, biofuels, and the environment. This segment also offers E-Gas, a gasification technology producing high-value synthetic gas. ConocoPhillips was founded in 1917 and is based in Houston, Texas.

Advisors' Opinion:

• [By WWW.DAILYFINANCE.COM]

  We're in the same shoes as the consumer, the cost of fuel is less for us.

  "We're in the same shoes as the consumer, the cost of fuel is less for us," says Kevin Beyer, who owns Performance Fuels, a filling station and convenience store in Smithtown, New York. That means profits for Beyer and the ! nation's 127,000 filling stations are rising. Before they sell gas to you, station owners buy gas on the wholesale market. When the wholesale price of gasoline falls quickly the difference between the cost of wholesale gasoline (including taxes) and the price at the pump gets wider, boosting profits for stations. The steeper the drop, the better. "It's completely antithetical to what people believe," says Tom Kloza, chief oil analyst at the Oil Price Information Service. That difference has stretched to 21.7 cents a gallon this year, the highest ever, according to an OPIS analysis of 16,000 U.S. stations. That compares to an average of 17.1 cents over the last five years. On a percentage basis, station profitability is at its highest since 2005. And profits on diesel sales are even higher. "They are off the charts," Kloza says. Yes, that means you could be paying even less for gasoline than you are. But before you cry foul, you should know that after all the ups and downs in a year, gas stations do not make much money from selling gasoline. After credit card fees and other operating costs, net profit for gasoline sales averages 3 cents a gallon, according the National Association of Convenience Stores. Scraping By When gas prices soar, and drivers think they're being gouged, stations are barely scraping by or even losing money. When the wholesale price is soaring, like it did in 2008, 2011 and 2012, station owners can't increase the price at the pump as fast as their costs are going up or they risk losing customers to competitors. When the wholesale price is going down, like now, there isn't the same pressure to lower the price. Drivers are so happy to se
• [By Ben Levisohn]

  According to ConocoPhillips (COP), 80% of U.S. shale oil could be produced profitably at oil prices around $40-80 while the CEO of Occidental Petroleum (OXY) has stated that much of oil production in the U.S. is viable at $753. Some companies such as Anadarko Petroleum (APC) have emphasized that recent ! developme! nts in the commodity markets were not going to have much impact on its exploration plans. Others such as Pioneer Natural Resources (PXD) have stated that the company could increase production by 16%- 21% through 2016 at oil prices in the range of $70-80 while EOG Resources (EOG) has maintained that it was going to post strong double-digit gains in oil production going forward despite the low price environment. Meanwhile, Chesapeake Energy (CHK) raised its production guidance for this year and noted that despite lower oil prices, declining production costs have enabled it to raise its production this year.

• [By Johanna Bennett]

  Among the U.S. majors, ConocoPhillips (COP) fell 1.6% to $70.03, followed by a 1.3% decline by Chevron (CVX) and Exxon's 1.15% fall.

  Services companies and offshore drillers suffered sharper drops. Halliburton fell 2% to $51.60. Meanwhile, Transocean (RIG) fell 3.75% to $26.07, while Diamond Offshore and Seadrill (SDRL) each fell 3.5%. Noble (NBL) fell 2.86% to $53.63.

• [By Brianna Valleskey]

  Certain companies like ConocoPhillips (NYSE: COP), Chevron Corporation (NYSE: CVX) and Exxon Mobil Corporation (NYSE: XOM) look like they’re starting to show signs of a reversal, Harmon said.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-canadian-companies-to-watch-for-2015.html