Not So Big Oil

How should you be trading crude oil and the refiners? Find out from one of the biggest energy investment bankers in the business.

Matthew Simmons, Chairman of Simmons & Company International, joins the panel for this conversation. Since 1974, Simmons has closed over $100 billion in energy-related mergers and acquisitions. Following is a summary of his main points.


What do you expect to hear from big oil as they report earnings?

I suspect that Exxon Mobil will have first rate profits because gas prices have been high. They could be hurt somewhat by the refining margins, but an oil company can