Monday, June 10, 2013

These Companies Are Killing OPEC -- Motley Fool

Updates

Later, 4:04 pm: OAS hit a new 42-week high today.

Original Post

Link here.

Companies mentioned, in this order:
  • KOG: grew its oil production by a staggering 250% last year
  • Halcon: will spend $1.2 billion on oily assets this year; focus on the Bakken
  • Oasis: $1 billion last year; less then $900 million this year for same number of wells
  • NOG: will partner on 152 wells this year
  • CHK: will cut CAPEX by 40%, but focus on oil
Yup, NOG, also.

In another Motley Fool story, these three were highlighted: CVX, COP, and HES.

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