Some of the foreign oil companies trade on the over-the-counter exchanges in the U.S.  A few of these ADRs include Gazprom and Lukoil of Russia, GDF Suez of France, S-Oil of South Korea. The Complete List of Sponsored Oil ADRs Traded on the U.S. OTC markets are listed below: [TABLE=261]
I came across two charts that show the dismal performance of U.S. equities in this decade. The first chart below is from the Numbers column in the latest issue of Bloomberg Businessweek. It shows the return of U.S. S&P 500 Index from Dec 31, 2009 thru Dec 14, 2009. The S&P 500 lost 23% in …
Among the 10 most profitable companies in the world based on 2008 data, energy companies occupy the top six spots. Two of the companies in that list (GazProm and PetroChina) are from emerging markets with the rest being the usual Western energy giants. The emergence of two companies from Russia and China in the top …
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