Fadel Gheit

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2d
Chicago Tribune
BP's big bill for 2010 Gulf oil spill — the world's largest — now reaches $61.6 billionwith the additional charge of $2.5 billion in the second quarter, the company s
BP's big bill for 2010 Gulf oil spill — the world's largest — now reaches $61.6 billion
Chicago Tribune / Posted 2 days ago
with the additional charge of $2.5 billion in the second quarter, the company said. "It's a really scary number," said Fadel Gheit, oil analyst at Oppenheimer & Co.. "Before the accident, BP had a market capitalization of $180 billion. The... Read more
26d
Canberra Times
Oil giants find there's nowhere to hide from doomsday marketprices. Given the plunge in crude and natural gas markets, "you cannot recover
Oil giants find there's nowhere to hide from doomsday market
Canberra Times / Posted 26 days ago
prices. Given the plunge in crude and natural gas markets, "you cannot recover, no matter how efficient you are," said Fadel Gheit, an analyst at Oppenheimer. "The industry cannot survive on current oil prices." Shell reported its weakest... Read more
44 related stories
26d
Brisbane Times
Oil giants find there's nowhere to hide from doomsday marketprices. Given the plunge in crude and natural gas markets, "you cannot recover
Oil giants find there's nowhere to hide from doomsday market
Brisbane Times / Posted 26 days ago
prices. Given the plunge in crude and natural gas markets, "you cannot recover, no matter how efficient you are," said Fadel Gheit, an analyst at Oppenheimer. "The industry cannot survive on current oil prices." Shell reported its weakest... Read more
44 related stories
26d
The Age
Oil giants find there's nowhere to hide from doomsday marketprices. Given the plunge in crude and natural gas markets, "you cannot recover
Oil giants find there's nowhere to hide from doomsday market
The Age / Posted 26 days ago
prices. Given the plunge in crude and natural gas markets, "you cannot recover, no matter how efficient you are," said Fadel Gheit, an analyst at Oppenheimer. "The industry cannot survive on current oil prices." Shell reported its weakest... Read more
44 related stories
26d
Sydney Morning Herald
Oil giants find there's nowhere to hide from doomsday marketprices. Given the plunge in crude and natural gas markets, "you cannot recover
Oil giants find there's nowhere to hide from doomsday market
Sydney Morning Herald / Posted 26 days ago
prices. Given the plunge in crude and natural gas markets, "you cannot recover, no matter how efficient you are," said Fadel Gheit, an analyst at Oppenheimer. "The industry cannot survive on current oil prices." Shell reported its weakest... Read more
44 related stories
26d
WA Today
Oil giants find there's nowhere to hide from doomsday marketprices. Given the plunge in crude and natural gas markets, "you cannot recover
Oil giants find there's nowhere to hide from doomsday market
WA Today / Posted 26 days ago
prices. Given the plunge in crude and natural gas markets, "you cannot recover, no matter how efficient you are," said Fadel Gheit, an analyst at Oppenheimer. "The industry cannot survive on current oil prices." Shell reported its weakest... Read more
44 related stories
26d
CNBC
Big oil's big miss: Here are the options nowany other options? Sure, there are — mergers. "If nothing happens with oil, M&
Big oil's big miss: Here are the options now
CNBC / Posted 26 days ago
any other options? Sure, there are — mergers. "If nothing happens with oil, M&A is the only thing that can save them," Fadel Gheit, energy analyst at Oppenheimer, told me. "If oil is $40 this time next year, there will be a lot of it. The only... Read more
29d
CNBC
Crude decline may be a serious problem for earningsstays near $40 for the rest of the year, oil company earnings are clearly in je
Crude decline may be a serious problem for earnings
CNBC / Posted 29 days ago
stays near $40 for the rest of the year, oil company earnings are clearly in jeopardy. How much? I called my old friend Fadel Gheit, energy analyst at Oppenheimer. He noted that his Q3 estimate for Chevron of $0.69, roughly in line with... Read more

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