KeyBanc analyst Leo Mariani thinks Chevron will make at least one counteroffer, probably bidding at least $70 per share. At that price, Chevron would tack another $3.2 billion onto its overall proposal, he says.
Date: May 08, 2019
Category: Business
Source: Google
US oil operators make plans to add rigs, but will be disciplined: analysts
While the incremental [increases] may be scaring off some investors, the total amount of additional committed rigs is roughly 40, which is not the game-changer that should result in big changes in oil production trends, RBC Capital Markets analyst Leo Mariani said in a Thursday investor note.
For Apache, its not an enormous find, Leo Mariani, ananalyst with RBC Capital Markets LLC in Austin, said today in aphone interview. Explorers generally recover only 20 percent oftheir oil in place estimates, which would yield about 60 millionbarrels, he said. Thats not a huge needle-mover
Date: Aug 18, 2014
Category: Business
Source: Google
Sinopec to Acquire $3.1 Billion Stake in Apache Egypt Assets
Apache has been extremely aggressive in monetizing assetsand transforming their portfolio, Leo Mariani, an analyst atRBC Capital Markets in Austin, Texas, said in a phone interview.I dont think there was much of an expectation that they couldmonetize their Egypt holding.
w CEO,Los Angeles-based Occidental said in a statement today. Thecompany also said its business strategy remains unchanged,suggesting directors are against spinning off or selling assetssuch as the chemical business or overseas oilfields, said Leo Mariani, an RBC Capital Markets LLC analyst.
Leo Mariani is a solo blues artist playing a mixture of traditional acoustic and modern electric blues; from the likes of Robert Johnson & Lightnin Hopkins to Jimi...