Tag: energy
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Hoegh LNG Partners cuts distribution 98%
In a big lesson learned for me I’m taking a big hit on Hoegh LNG Partners. They cut their distribution 98% from $0.44/share to $0.01/share. I knew they were a high risk for cutting their distribution but didn’t know it would end up that bad. It’s a double whammy because after the announcement shareholders are…
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Exxon names new CFO
Exxon Mobil Corp. has hired Kathryn Mikells as its next chief financial officer, succeeding 43-year company veteran Andrew Swiger as the company’s top financial executive. Ms. Mikells will take over as the energy giant’s CFO Aug. 9, the company said. She previously served as CFO of Diageo PLC, a British beverage company, since 2015. Before…
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Chasing The Yield Podcast – July 19, 2021
Markets are taking a dive, J&J has more problems, Microsoft blames Israeli group, OPEC reaches compromise, hotels eliminating housekeeping, and much more!
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OPEC reaches compromise with UAE
If the compromise takes hold that could lead to a drop in the price of oil. In this post pandemic economy who knows what effect this will have. I expect we won’t notice much of a change in the short term. It’s more important to keep an eye out for the long term trend. Right…
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The Yield – July 12, 2021
Episode 12 Value 4 Value podcastingListen to this podcast on PodFriend News Portfolio Update LowYield MediumYield HighYield Week -0.04% -0.32% -0.09% Month -0.04% -0.32% -0.09% 2021 +14.39% +13.55% +2.17% Dividends Podcasting 2.0 This is a Podcasting 2.0 compatible podcast. This means if you’re listening to this podcast on a Podcasting 2.0 compatible app you’ll have…
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Oil prices shaky amid OPEC indecision
OPEC hasn’t agreed to increase production which is keeping the price of oil elevated. Crude prices have advanced almost 60% this year, a surge powered by a revival in consumption of fossil fuels as vaccines roll out and major economies unlock. The Organization of the Petroleum Exporting Countries and its allies, led by Russia, have…