Top 5 Oil Companies To Invest In Right Now: Woodside Petroleum Ltd (WPL)
Woodside Petroleum Ltd (Woodside) is an Australia-based oil and gas company. Woodside, along with its subsidiaries is engaged in hydrocarbon exploration, evaluation, development, production and marketing. As of December 31, 2011, the Company produced around 700,000 barrels of oil equivalent each day from a portfolio of facilities, which it operates on behalf of some of the major oil and gas companies. It operating facilities include six liquefied natural gas (LNG) trains, five offshore platforms and four oil floating production storage and offloading (FPSO) vessels. It is one of the non-government operators LNG plants. The Company operates six segments: North West Shelf Business Unit, Australia Oil Business Unit, Pluto Business Unit, Browse Business Unit, United States Business Unit and Other. In September 2012, it sold a minority portion of its equity in the proposed Browse LNG Development to Japan Australia LNG (MIMI Browse) Pty Ltd. Advisors' Opinion:- [By Jonathan Burgos]
Agricultural Bank of China Ltd., the nations third-largest lender, slid 2.3 percent in Hong Kong. Yamada Denki Co. sank 4.8 percent in Tokyo after the consumer electronics retailer missed its full-year profit forecast. Woodside Petroleum Ltd. (WPL), Australias second-biggest oil producer, jumped 9.7 percent after announcing plans to return cash to shareholders.
- [By Yoshiaki Nohara]
Australias S&P/ASX 200 Index retreated 0.7 percent, led by energy and financial shares. Woodside Petroleum Ltd. (WPL), Australias second-biggest oil and gas producer, dropped 2 percent to A$34.67. Westpac Banking Corp. (WBC), Australias No. 2 lender by market value, shed 1.2 percent to A$27.47.
- [By Adam Haigh]
Energy producers advanced as crude oil prices rallied after the ousting of Egypts president fanned concern unrest will disrupt Middle East oil supply. Cnooc gained 2.1 percent to HK$12.8! 0 in Hong Kong. China Petroleum & Chemical Corp., the nations largest refiner, rose 2.5 percent to HK$5.25. Woodside Petroleum Ltd. (WPL), Australias No. 2 energy producer, added 3 percent to A$35.64.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-oil-companies-to-invest-in-right-now.html
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