ExxonMobil Corp. said Friday that it has completed its $30 billion acquisition of XTO Energy Inc. Shareholders of XTO, major holder of natural gas assets, approved the sale Friday at a special meeting.
NEW YORK (TheStreet) -- Jim Cramer reveals why he believes a natural gas act will pass soon and how investors should cash in. Follow Jim on Twitter @JimCramer. 2010 07 29 12:30
Both are giants of the oil industry, but one has had a better track record of late. Look beyond that, however, to the companies' natural-gas prospects. 2010 05 05 17:45
With Reliance and Quicksilver (KWK) honing in on a Horn River Basin Joint Venture and this being Reliance's third major deal within the past 4 months, I wanted to look back at what the major acquisitions consisted of in the top 5 shale basins since the natural gas price collapse in 2008. There have been between 15-20 major natural gas shale deals since the peak of natural gas prices two years ago. All but one of these pretty much had the same structure. The one exception to this was...
Great article entitled"Rob Arnott's Magic Indexing Formula" by Shawn Tully at Fortune magazine recently. The article describes Arnott's investment research approach and how his FTSE RAFI US1000 index, which is offered by Charles Schwab as a mutual fund and by Invesco Powershare as an ETF (PRF), has outperformed the S&P500 index by 2.4 percentage points per year since inception (12/30/2005). Impressive. For those of you unfamiliar with Rob Arnott and his RAF indexing approach, it is definitely...
The story of oil is simple, and so in my energy economics courses I tend to have little patience with students who cannot comprehend its main features. Gas was the same until recently, but now gas issues have been complicated by a widening and deepening of natural gas markets (due e.g. to the demand generated by the impressive economic growth taking place in China and India), and also talk about shale gas. There are many mistakes that are repeatedly made in the analysis of natural gas...
When folks want the straight goods on the oil and gas sector they go to Oppenheimer's sage Managing Director Fadel Gheit. That's what we wanted, too, when we asked him to spend some time with The Energy Report. In this upfront interview, Gheit rails against government inaction on oil price speculation and predicts low gas prices will soon lead to more M&A activity. Gheit's market commentary is frank and insightful and could certainly impact your investment decisions.
Serving as a catalyst for BP's (BP) oil spill, Obama recently addressed the need for the U.S. to move forward with an initiative to emphasize utilization of its vast natural gas reserves. This is just another distraction by Obama to cover up from his failed healthcare reform and the soon-to-be failed Wall Street reform.
In the recent past, the switch to natural gas has been argued as a means by which to blaze a path towards cleaner air, less foreign oil dependency and lower energy costs. However, benefits expected from a shift to natural...
Overall I agree with Mr. Groppe that natural gas is an undervalued commodity at $4 mcf. However, I am going to use some other arguments that correlate with his to drive my point home. Although all of the rig activity seems to be going to the shale plays, I believe there are clearly reasons for why they don’t make up a larger portion of the gas supply. Creative and fast moving Independents have been at the forefront of attempting to retain their leasing through drilling, while at the same time keeping production...
Stocks post 2010's second-biggest gain. U.S. stocks rallied Thursday after China reassured investors by saying it isn't planning to sell European bond holdings, and Spain passed a €15B austerity package. DJIA surged 285 points, finishing +2.85%. S&P was up 3.3% and Nasdaq gained a market-leading 3.7%. Still, going into the month's final session, U.S. stocks look ready to post the worst May since 1962.
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund filings.)
Next up is Roberto Mignone's hedge fund Bridger Management. Bridger focuses on long/short equity and event driven strategies (which you'll see evidence of in their portfolio below). Last we heard, Bridger has just under $3 billion in assets under management and is closed to new investors because Mignone likes to focus on investing rather than running a large...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund filings.)
Next up is John Paulson's hedge fund Paulson & Co. Before becoming a hedge fund 'rockstar' due to his wildly successful bet against subprime, Paulson managed a seemingly mediocre merger arbitrage fund. So while Paulson has since started other hedge funds focused on other strategies (Recovery Fund, etc), keep in mind that many of the equity positions listed below are related to his...
Stock News 
When folks want the straight goods on the oil and gas sector they go to Oppenheimer's sage Managing Director Fadel Gheit. That's what we wanted, too, when we asked him to spend some time with The Energy Report. In this upfront interview, Gheit rails against government inaction on oil price speculation and predicts low gas prices will soon lead to more M&A activity. Gheit's market commentary is frank and insightful and could certainly impact your investment decisions.
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on 
