StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Sotcks investment project - Essay Example

Comments (0) Cite this document
Summary
Name: Title: Course: Tutor: Date: Stocks Investment Project Introduction Following the stock investment game played in class with stocks of BP, ConocoPhillips, Google, Hertz and Exxon Mobil, this paper seeks to articulate the reasons for the choice of the selected stocks, borrowing from secondary sources to explain the trends in the economy that could have potentially influenced the prices of the selected stocks…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Sotcks investment project
Read TextPreview

Extract of sample "Sotcks investment project"

Download file to see previous pages Listed at the NYSE in 1970, the UK firm was selected because of the interest in the energy sector based on the price fluctuations it experiences. The BP stocks were trading well at an average of $41.5. With earnings per share of 4.99 in the current year, investing in the firm would be a noble idea. But with the news of how the company was duped in the compensation of for the 2010 Gulf of Mexico spill because its attorneys failed to include the need for proof of damage by the spill, the BP stock slipped, and particularly by 1.2% in London on 5th June 2013. The same industry had me trade in ConocoPhillips, a major integrated oil and gas firm that explores, produces and markets crude oil, natural gas and bitumen globally. With its headquarters in Houston, Texas, the firm was founded in 1917 with Conoco and Phillips merging in 2002 to create the firm. The choice of ConocoPhillips’ stock for trading was informed by the need to understand the industry by considering another firm other than the earlier studies BP. ConocoPhillips would be a viable investment because since 2002, the firm has had its gross profit and cost of goods sold remain constant or improve, save for the year 2008 when falling commodity prices and declining market capitalization caused a slight dip. As such, shareholders are assured of returns on their investments over a long term. Additionally, the firm is the largest independent energy and petroleum firm as measured by production and proved reserves as noted by Market Watch; a sovereignty that secures the interest of shareholders. The stock price of ConocoPhillips exhibit strong correlation with its financial achievement. The $11 billion repurchase of common stock in 2011 aimed at increasing its earnings per share and net income thus increase demand for its stock which would in turn raise its price at the stock exchange. With a dividend of $2.64 in the pas financial year, the firm has had its stock price averaging at about $60. To further understand the trends in major integrated oil and gas industry, Exxon Mobil, another firm from the industry, was selected for trading practice in this class. Exxon Mobil explores and produces crude oil and natural gases and also manufactures petroleum products. The Irving, Texas firm, founded in 1870 also transports and sells these products. Its operations cut across the globe to cover the US, Canada, Africa, Asia, Europe and Australia. The merger between Exxon and Mobil in 1999 which made the firm the largest publicly traded company in the energy sector could be a reason to attract investors. Just like other firms in this industry, the stock price of Exxon Mobil would be greatly influenced by the prices of crude oil. The increase in prices of crude oil in the period around 2011 saw the firm raise the price of its products which translated to increased stock price. With forecasted future increase in energy demand globally, it is anticipated that its share price will keep rising. Fourthly, Hertz was selected for the trading practice to help understand how changes in the oil industries affect consumers of its products. Founded in 2005 and headquartered in Park Ridge, NJ, Hertz runs two segments in its business: renting cars and renting equipment in Canada and the US. Investing in Hertz would be viable as ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Sotcks investment project Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Sotcks investment project Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/macro-microeconomics/1479950-sotcks-investment-project
(Sotcks Investment Project Essay Example | Topics and Well Written Essays - 1000 Words)
Sotcks Investment Project Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/macro-microeconomics/1479950-sotcks-investment-project.
“Sotcks Investment Project Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/macro-microeconomics/1479950-sotcks-investment-project.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Sotcks investment project

Photo Collage Project Responces

A collage is something that speaks of one particular situation or theme and yet it is composed of many parts.  Thus, an artist doesn’t only take one good shot of a particular scene but of many several scenes because he still has to put it together to make a new harmonious picture. The title of my collage is Desolation; which means something that is unhappy, ugly or deserted. So to start my college I went to different places to take the perfect pictures. I went to Alba, to a power plant, to Sitra, and to many other places. I had fun traveling but it could also be tiring at times. The excitement is always there, however, it could also be frustrating as I always had to explain why I am taking pictures. People tend to becom...
12 Pages(3000 words)Assignment

Property Investment Analysis

The Red Book valuation figures offer useful guidance on valuation, however they contain overlapping material from diverse sources. The Mallinson Report has identified the need for the RICS to publish a single, comprehensive and user friendly source of standards for valuers and establish a single point of coordination in the institution’s delivery of valuation services. The Report also states that the information provided needs to be more specific so that it place more specific further education demands on valuers. Additionally, there must be additional power provided to the Institution to investigate problem cases and take disciplinary action when it becomes necessary, despite the possibility of courts exerting a restricting...
13 Pages(3250 words)Assignment

My College Education and Internship Project

As I complete my education at Touro College it indicates that I am taking the first step towards launching into a full-fledged career. It not only signifies the end of my education but also my readiness to begin working and contribute to the world in general. I believe that my internship at Web fact, a technology company, has made me apply the concepts and skills that I have learned during my college education. The application of the theory that I learned in college in my internship helped me put my education in perspective. 

I am in my 5th semester of the Bachelor’s degree in Management and International Business at Touro College, Berlin. I find it exciting to study in English and getting an international pe...
9 Pages(2250 words)Coursework

The Work Breakdown Structure and its Advantages in Project Planning

A typical construction project involves a WBS that evolves from an initial task that is successively subdivided into smaller work blocks until the lowest level is reached, indicating a tree-like structure. Subdividing the project breaks down the project work effort into packages that are both manageable and independent. It connotes that the lowest level of the package corresponds to the smallest project work, which requires the shortest completion time periods. As WBS shows the relationship of all elements of a project, a sound basis for cost and schedule control is provided.

Some lists of project activities involved in WBS include budgeting, cost allocation, time allocation and management, and quality assurance. These...
11 Pages(2750 words)Report

A Small Sports Car as an Investment

The purpose of this report is to determine the “best bang for the buck” if a consumer was looking to purchase a small sports car. A car purchase should be treated as an investment, even though we know that spending money on a vehicle with the high gasoline prices and insurance premiums is probably the worst type of investment money can buy. Therefore, the ultimate purpose is to guide this expenditure in reaping the maximum benefits available.
I will be researching on 2006 2-seated vehicles in the price range of $30,000 - $50,000 in today’s market. The idea is to keep it within the price range mentioned above, so more expensive cars such as Benz CLK and lower-end vehicles such as Honda Civics are not included...
12 Pages(3000 words)Research Paper

Billing System Upgrade with Web-Based Version Project of Rick Auto Enterprises: A Communication Plan

The project is envisioned to involve changes to existing business processes, changes to existing jobs, and/or the creation of new positions. With the new web-based version, customers and auto brokers will be able to view and pay their bills online, as well as access a billing customer service agent is required. This change will affect the billing, sales, and customer service departments but it is expected to reduce costs, improve customer satisfaction, and reduce the number of days for outstanding accounts receivable.
Ownership of the existing system rests with the Billing Department. However, with the benefits projected to be derived from the upgraded system, especially with the implantation of the web-based version, the Cus...
12 Pages(3000 words)Case Study

Project Risk Assessment: Qualitative Versus Quantitative Approach

The risks may vary in terms of nature or scope according to the situation. So since the risk is so common in project management, a very important aspect of managing a project is analyzing all the possible risks that are associated with that particular project. It makes no sense of going on with a project and not giving a thought to the risks that could affect the success. Once these risks are analyzed, the project manager will have all the possible risks in front of him. He will know the degree of risk and also the benefits that the organization will get if the risk is taken. Therefore only after a risk analysis, the project manager is in a position to conclude whether or not it is worth taking the risk and going on with a certain...
6 Pages(1500 words)Assignment

Project Management: Best Practices and Stakeholders Perspective

Employees of functional divisions are assigned or detailed to a specific project and then re-assigned back to the organization when the project is completed.
Project management is defined by the Project Management Institute (PMI) as the application of knowledge, skills, tools, and techniques to project activities to meet project requirements; and its methodology as the planning, monitoring, and control of all aspects of the project and motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality, and performance.” Being a temporary, one-time endeavor, it differs from the organization's operations and processes which are its current and permanent work to create a pro...
6 Pages(1500 words)Literature review

Implications for Personal Investment

The assumption of perfect rationality can be rebutted by the fact that rationality is not the sole driver of human behaviour. On the contrary, our behaviour is contingent upon emotions such as love, fear, pain, and pleasure etc. Human beings only use their intellectual power to achieve or avoid these emotional outcomes (Pompian 2006). Secondly, the assumption of self-interested is also not deemed to be practical because many sociological studies have shown that people are not always self-interested. Had this been the case, then there would not have been a single philanthropist in the world, even people would have avoided negative behaviour such as suicide and alcoholism. The final assumption of perfect information also does not ho...
6 Pages(1500 words)Coursework

Project Planning Human Capital

Project planning involves a lot of factors and areas that we need to address for the effective management and handling of the project. The aim of this report is to provide a deep insight into some of the main areas that we need to address for the project of Adams's family farmhouse renovation. These issues are project team communication, project risk management, and deadline handling. Effective communication in a project provides a huge advantage regarding the better working and handling of the project. I have selected a very significant project regarding the preservation of the old and historical places. Here we require effective communication to provide better interaction among the designer, developers, and history preservation...
8 Pages(2000 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Sotcks investment project for FREE!

Contact Us