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Petroleum industry

Zacks Equity Research Announces Latest Stock Insights

Strategic Insights

— 1 min read

Zacks Equity Research has announced its latest list of stocks featured in the Analyst Blog, highlighting companies such as America Movil, Apple Inc, Telefonica, Exxon Mobil Corp, and Chevron Corp. The blog provides in-depth analysis and insights from Zacks Equity Research analysts on the latest news and events impacting stocks and the financial markets.

Key Takeaways:

  • America Movil plans to launch the iPhone 3GS in six countries across central and south America by July 31, 2009, in a bid to counter stiff competition from Telefonica's Movistar.
  • The company currently dominates the Mexican wireless market with a share of nearly 71% in 2008, but is gradually losing its position due to competition.
  • The iPhone 3GS is expected to boost customer adoptions of America Movil's 3G services, stimulating ARPU growth while reducing subscriber churn.
  • Exxon Mobil Corp has been awarded a permit to drill wellbore 25/8-17 in production license 027 D in Norway, and plans to drill wildcat wells using semi-submersible facility Bredford Dolphin.
  • Exxon Mobil has a 50% operated interest in the production license 027 D, which was awarded in December 2007, and has a strong track record of finding and extracting hydrocarbon resources.
  • The company's relatively low-risk energy conglomerate business structure, fortress balance sheets, and growing dividends make it an attractive investment option in uncertain times.

Statistics:

  • America Movil's share of the Mexican wireless market was nearly 71% in 2008.
  • The company launched its 3G services in Mexico in February 2008 and became the first and only carrier to adopt these 3G offerings.
  • Exxon Mobil has a 50% operated interest in the production license 027 D.
  • The production license 027 D was awarded in December 2007.
  • Exxon Mobil plans to drill wildcat wells using semi-submersible facility Bredford Dolphin.

Sources:

  • Zacks.com - "America Movil Battles Movistar" (no date provided)
  • Zacks.com - "Exxon Wins New Drilling Permit" (Friday, July 10, 2009)
  • Zacks.com - "About Zacks Equity Research" (no date provided)
  • Zacks.com - "About Zacks" (no date provided)
  • Zacks.com - "Visiting http://www.zacks.com/performance for information about the performance numbers displayed in this press release" (no date provided)

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