Tag: oil
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Pembina Pipeline (PBA) announces intent to switch from monthly to quarterly dividend payouts
Some analysts say this should not affect Pembina’s dividend as it is well supported by their conservative payout ratio. It’s estimated near 60% after accounting for all capital expenditures. Subject to approval of future common share dividends by the Board of Directors, Pembina intends to move from its current practice of paying monthly dividends to…
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U.S. households spending almost double on gasoline versus last year
U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research. In March, the annual rate of gasoline spending was at $3,800, Yardeni noted. During the week of May 16, the national retail price for gasoline reached a record $4.59 per gallon, the…
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CrossAmerica Partners is a winner… so far
I sell out of BP, Oil execs on the hot seat, inflation still sky high, and much much more!
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Shell expects to take $5 billion hit pulling out of Russia
Shell Midstream Partners (SHLX) has a current dividend yield of 8.37% and is rated as “Boderline Safe” by SimplySafeDividends. I hold SHLX in my Medium Yield Portfolio. In total SHLX is 1.7% of my portfolio. Shell Midstream Partners (SHLX) is owned by Shell PLC (SHEL) The London-based oil major provided the guidance Thursday ahead of…
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Oil executives reject profiteering claims by Congress
It’s not rocket science. Increasing unfriendly regulations on the production and distribution of oil and gasoline will result in higher prices at the pump. Prices were already way above where they were a year prior to the Russia/Ukraine war. The conflict only made matters worse. Congress attacking investors who depend on these investments for their…
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Remote recording woes
Trying to record remotely in my car. Portfolio update and more!