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ConocoPhillips (NYSE:COP) – Conocophilps explores, produces, transports and markets crude oil natural gas natural gas liquids liquidities natural gas and bitumen on a worldwide basis. Company has activities in 30 countries.
As of 30th December 2012 the company reported $58 billion as annual revenues, $117 billion of assets and preliminary proved reserves of 8.6 billion BOE (Barrel of Oil Equivalent). For 2013 the company expects a total production of 1,580 to 1,600 MBOED (Million Barrels Oil Equivalent per Day) for 1st quarter.
The company further expects an addition of $2.1 billion in proceeds from assets disposition for optimizing its portfolio. It has recently entered into agreement with Denbury Resources Inc to sell Conoco’s properties in Cedar Creek Anticline for $1.05 billion. The purpose of this sale has been to prune the company’s portfolio and to allow the company to concentrate on their investments in North Dakota and Montana.
The company also has entered into three agreements with PetroChina whereby Petro China will acquire an interest in 2 Western Australia exploration assets and a Joint Study Agreement for unconventional resource development in Sichuan Basin in China. This agreement would help further the company’s growth plans in Australia and China
COP is presently trading around $57 with its current P/E ratio of 9.76 and EPS of 5.91.
Exxon Mobil Corporation (NYSE:XOM)- Exxon Mobil engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products.
The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. It also has interests in electric power generation facilities. The company has operations in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania.
As per the latest earning reports for the financial year ended 2012, the company reported revenue of $449.89 billion an increase of 9% from the previous year with a profit margin of 9.98% and an operating margin of 17.50%.
The company has recently announced an expansion with Rosneft under their 2011 Strategic Cooperation Agreement to include an additional approx 150 million acres of exploration acreage in the Russian Arctic and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska. They have also agreed to conduct a joint study on a potential LNG project in the Russian Far East.
XOM is presently trading around $89 has a beta of 0.51. It has a P/E of 9.18 and Diluted EPS of 9.70
Helix Energy Solutions Group, Inc. (NYSE:HLX): Helix Energy, together with its subsidiaries, operates as an offshore energy company. It provides reservoir development solutions and other contracting services to the energy market, as well as to its oil and gas properties.
The company offers various contracting services in the Gulf of Mexico, North Sea, the Asia Pacific, and west Africa regions primarily in deepwater. The company also offers various production services comprising inspection, repair, and maintenance of production structures, risers, pipelines, and subsea equipment; well intervention; life of field support; and intervention engineering.
For 2012 the company reported a loss of $46.3 million the loss as its bottom-line was impacted by an impairment charge of $157.8 million related to pending sale of mobile pipeline equipment and $138.6 million related to sale of their oil and gas business. This Disinvestment was done so that the company could focus on providing well intervention and robotics services.
HLX is presently trading around $24, has a beta of 2.85, a trailing P/E of 17.73. The company’s share has moved by around 25% in last 52 weeks
Evolution Petroleum Corp. (AMEX:EPM)- Evolution Petroleum generates, acquires and implements oil & gas development projects by applying its expertise and modern engineering technology to known petroleum resources, onshore in the U.S. As of June 30, 2012, its assets include 13.4 million of proved and 12.7 million of probable reserves that are 82% oil and 2% NGLs, and EPM has no debt.
Production, revenues and earnings have been rising over the last six quarters due to continuing Delhi EOR project development and contributions from other projects. Recently, the company announced entry into the Mississippian Lime play with initial drilling ongoing. The latest reported quarterly report for the year ending 31st December 2012 the company reported revenues of $19.3 million and EBITDA of $10.73 million.
EMP is trading around $10 with a trailing P/E of 65.19 and a Beta of 1.15.
Devon Energy Corporation (NYSE:DVN)- Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids. The company holds interest in various properties located in Rocky Mountains, Mid-Continent, Permian Basin, and Gulf Coast regions of the United States.
Devon Energy on Wednesday reported its financial results for the fourth quarter ended December 31, 2012. The company posted a net loss of $357 million, or $0.89 per share.
DVN is presently trading around $55, trailing P/E of 32.64, Beta of1.21 and EPS of 1.73.
