Category: Blog
-
Oasis Midstream Partners (OMP) merger with Crestwood Equity Partners (CEQP) to have minimal effect on distributions
In the first quarter of 2022 Oasis Midstream Partners (OMP) will complete a merger with Crestwood Equity Partners (CEQP). Oasis investors will receive 0.87 Crestwood units for every Oasis unit owned. But, Crestwood plans to increase its distribution by 5% in the first quarter of next year. The distribution received by Oasis investors should be…
-
Satya Nadella sold half his shares in Microsoft
In the filing last week with the U.S. Securities and Exchange Commission, the Redmond, Wash.-based software company reported Mr. Nadella sold 838,584 shares over two days, down from close to 1.7 million shares. The transaction yielded more than $285 million for Mr. Nadella. This is the single-largest stock sale for Mr. Nadella, according to InsiderScore. Microsoft’s…
-
Red Friday not Black Friday
Slow news week, Twitter CEO may step down, Oil rises, Omicron threatens us, Canada releases from its reserves, and much much more!
-
Wishing you tasty yields for Thanksgiving
Owl Rock Capital announces stock repurchase, decreased demand for oil in Europe, natural gas prices pop in Europe, and much more!
-
Biden Administration investigates oil and gas companies for illegal pricing conduct
When is the last time an American President investigated oil and gas companies for raising the price of gas and other fuels when supplies have been constrained? President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high. In a Wednesday letter…
-
Target posts sales gains and boasts plenty of inventory for holidays
Comparable sales, those from stores or digital channels operating at least 12 months, rose 12.7% for the quarter ended Oct. 30. E-commerce sales rose 29% in the quarter. “We’ve seen strength throughout the year,” said Target Chief Executive Brian Cornell on a call with reporters. Sales rose strongly in each of the five main categories…