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11th July 2008, 11:17 PM
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MRS NIGERIA PLC (Former Chevron)
Proshare News and Analysis
Chevron releases unaudited result for Q1 310308 Posted Friday, July 11, 2008 Chevron Oil Plc today released its un-audited result for first quarter ended 31st March, 2008. Turnover declined by 53.2% to N8.581 billion, while the company declared Loss before Tax of N282.781 million. Despite the uninspiring result, the stock price appreciated by 4.79%.- CSL
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The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions.      
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12th July 2008, 02:01 AM
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CHEVRON: 1ST QTR MAR 2008 UNAUDITED RESULT FOR 1ST QUARTER ENDED 31-03-2008 CHEVRON OIL PLC, TURNOVER 08 N8.581b, 07 N18.338b PBTAXATION 08 (N282.781m) 07 N779.016m TAXATION 08 N92.152m, 07 (N247.775m) PATAXATION 08 (N190.629m) 07 N531.241m
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
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12th July 2008, 06:01 PM
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Now with this present tanker driver strike action, I hope they wouldnt use it to give another excuse in their second quarter result.
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12th July 2008, 06:16 PM
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PAT decreased by 136%...it must be the effect of d Niger Delta crisis. The Govt. need to sort this problem out bk a problem wth d oil sector will affect d entire economy vey very badly.
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The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions.
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12th July 2008, 07:53 PM
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12th July 2008, 08:47 PM
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...i thot d whole of d biz was listed.cheers. Chevron Plc has been placed on a full suspension following what the Nigerian Stock Exchange announced this morning as a breach or contravention of the general undertaking made with stock exchange. The NSE said that the company refused to attend a meeting with the regulatory authority to sought the divestment of Chevron corporation USA which holds 60 percent in the Chevron Oil (Marketing) Nigeria a petroleum marketing arm that was listed into the Nigerian Stock Exchange 8th December 1978. It should be noted that the other arm Chevron Oil Producing is not listed on the Nigerian Stock Exchange. The chevron stock fell back last week by N25.00 to N290.00 though it had recorded an all year high of N402.00 per share and an all year low of N150.00 per share this year. The capital market regulators seem not to be relenting in there effort to sanitize the market system of unwholesome practices. African Petroleum and five other were in the eye of the serious regulatory scrutiny earlier this year, showing the high level of interest placed on protecting the capital market investors. The companies previously investigated included: African Petroleum plc (AP), Big Treat plc, Afroil plc, Capital oil plc and IPWA plc. According to SEC’s announcement on the 13th of February 2008, the companies were being investigated for allegations of price fixing and insider trading activities. The findings due to the investigation led to a full suspension of Afroil and Capital Oil stocks on the Nigerian Stock Exchange
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The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions. Last edited by billions; 12th July 2008 at 09:07 PM.
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13th July 2008, 09:31 AM
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Chevron Oil (Nig.) Plc
Chevron Oil (Nig.) Plc 1Q 2008 results was "impacted by the strike action between the company and the transport union which lasted for about two months."
This is only "Chevron Oil (Nig.) plc", not the operator of the NNPC/ChevronTexaco/'xxx' joint venture. To get in on that action, you'll need to fork out about N11,000/share on the NYE: ChevronTexaco (CVX) - Stock Chart .
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14th July 2008, 05:48 AM
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
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20th July 2008, 03:51 AM
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 08:17 AM. Reason: "Copyright infringement - content removed and replaced with link"
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3rd August 2008, 06:47 PM
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re: MRS NIGERIA PLC (Former Chevron)
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 09:00 AM. Reason: "Copyright infringement - content removed and replaced with link"
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8th August 2008, 03:59 AM
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Re: Chevron Oil (Nig.) Plc
"Copyright infringement"
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 09:06 AM.
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20th August 2008, 02:57 AM
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Re: Chevron Oil (Nig.) Plc
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 09:24 AM. Reason: "Copyright infringement - content removed and replaced with link"
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15th September 2008, 01:22 AM
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Re: Chevron Oil (Nig.) Plc
"Copyright infringement "
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 10:05 AM.
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20th September 2008, 05:09 AM
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Re: Chevron Oil (Nig.) Plc
"Copyright infringement"
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 10:15 AM.
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23rd September 2008, 02:39 AM
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Re: Chevron Oil (Nig.) Plc
"Copyright infringement"
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 10:27 AM.
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23rd September 2008, 04:14 AM
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re: MRS NIGERIA PLC (Former Chevron)
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 10:48 AM. Reason: "Copyright infringement - content removed and replaced with link"
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27th September 2008, 04:59 AM
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re: MRS NIGERIA PLC (Former Chevron)
allAfrica.com: Nigeria: Texaco - Tribunal to Hear Contempt Charges Against SEC, Others (Page 1 of 1)
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 03:20 PM. Reason: "Copyright infringement - content removed and replaced with link"
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14th October 2008, 12:21 PM
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Re: Chevron Oil (Nig.) Plc
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 05:00 PM. Reason: "Copyright infringement - content removed and replaced with link"
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24th October 2008, 02:30 AM
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re: MRS NIGERIA PLC (Former Chevron)
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by Ikechukwu Emelike; 20th June 2009 at 05:05 PM. Reason: "Copyright infringement - content removed and replaced with link"
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25th October 2008, 04:32 AM
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re: MRS NIGERIA PLC (Former Chevron)
The Organization of Petroleum Exporting Countries said Friday it will cut oil output by 1.5 million barrels a day to halt a collapse in prices.
The demand for oil is expected to keep falling in the coming months as growth slows. The 13-member cartel made the decision at an emergency meeting in Vienna, Austria. Crude oil prices have dropped 55 percent since hitting a record $147.27 a barrel after months of steady increases were halted as the economic downturn drains energy demands. The decision failed to immediately stem the price slide with crude dropping a further $4 after the decision. "The prices at this time, being affected by the financial crisis, (are) very low," OPEC Secretary-General Abdalla Salem El-Badri said. "We have to bring the prices up." OPEC ministers decided to cut production by 1.5 million barrels a day because that is the amount of oversupply in the market, he said. The cartel's current production ceiling is 28.8 million barrels a day. In announcing the cut, OPEC President Chakib Khelil said member countries had no choice but to slash production. "What choice do they have -- see the oil price go down to the lower levels?" 
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