As the price of oil trades around $70 a barrel, how much do you really know about investing in the oil business?
The following are key insights from TheStreet.com.
As a starting point, here are the oil industry's ten biggest earners (based on net income for the second quarter of 2008):
1. Exxon Mobil (XOM): $11.68 Billion
2. Royal Dutch Shell (RDS-A, RDS-B): $11.56 Billion
3. BP (BP): $9.47 Billion
4. Total (TOT): $7.46 Billion
5. Chevron (CVX): $5.98 Billion
6. Petrobras (PBR): $5.52 Billion
7. ConocoPhillips (COP): $5.44 Billion
8. Eni (E): $5.41 Billion
9. PetroChina (PTR): $4.12 Billion
10. StatoilHydro (STO): $3.68 Billion
...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,465.76 | 1,110.63 | 2,177.14 | 32.79 |
Oil *
78.56
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UP
32.05
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UP
4.98
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UP
7.96
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DOWN
0.38
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10 Yr
3.28%
SPDR Gold
116.55
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+0.31%
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+0.45%
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+0.37%
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-1.15%
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