Chasing the Yield
Investing for income through dividends and distributions
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Schall Law Firm investigating Höegh LNG Partners for violations of securities laws
Seems the company may have engaged in false or misleading statements which could have caused share prices to plunge 65%. The stock price is still going down perhaps on the news of this investigation. I’m still holding my position because at this point I think I would be better off riding this out. If you…
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August 9, 2021
I’m in a bit of a mood but still get through the podcast. High yield portfolio still trying to recover and much more!
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Unemployment drops to 5.4% on strong jobs report
U.S. nonfarm payrolls rose by a seasonally adjusted 943,000 in July, from June’s upwardly revised gain of 938,000, the Labor Department said Friday. The July jobs increase was the largest since August 2020. The unemployment rate, derived from a separate survey of households, fell to 5.4% in July from 5.9% in June. The number of Americans working…
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Exxon considers pledge to be carbon zero 2050
A lot can happen in 30 years and considering to make a pledge is different than making a pledge. I expect they may make this pledge but it’s more an effort to placate new board members than anything serious. In March 2020, Exxon Chief Executive Darren Woods described ambitious carbon reduction targets made by some European rivals…
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Simply Safe Dividends upgrades Shell Midstream Partners (SHLX) to Borderline Safe
Following Shell Midstream’s 35% distribution cut announced in late July, we are upgrading the partnership’s Dividend Safety Score from Unsafe to Borderline Safe to reflect the firm’s improved distribution coverage. $$Shell Midstream’s Rightsized Distribution Better Covered by Cash Flow Going Forward (simplysafedividends.com)
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Oasis Midstream Partners Q2 EPS $0.72 Beats $0.71 Estimate, Sales $95.26M Beat $92.80M Estimate
Oasis Midstream Partners (NASDAQ:OMP) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.71 by 1.41 percent. This is a 118.18 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $95.26 million which beat the analyst consensus estimate of…