Energy Business Review: IMPORTANT Oil Companies Comment at Barclays Conference

A few comments as reported by Paul Cheng at the Barclays’ energy conference: Both Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) “offered strategic consistency, downplaying interest in a major acquisition, and a view that current industry trends such as MLP formation and increased mid-continent refining capacity are either unsustainable or insignificant for companies of their size.” Hess Corporation (NYSE:HES), ConocoPhillips (NYSE:COP), and Murphy Oil Corporation (NYSE:MUR), “remain in transition.”

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