Hints and tips:
...Then, in the shale bust of 2014-16, many energy firms once rated low-IG slid to high-HY, becoming one of the biggest segments in HY....
...The US benchmark gas price was trading at about $2.28 per mn British thermal units on Thursday, compared to Europe’s main hub price of about $16/mn Btu....
...Will companies in the US shale patch maintain the capital discipline that (with some encouragement from Wall Street) has become their new orthodoxy? The street wants free cash flow....
...So it paid $7bn in royalties in 2021. As a result, it is a low-margin business. Spotify last year made just €94mn in operating income on €9.7bn in revenue....
...WTI, the US benchmark, gained $2.16 to $121.56 a barrel....
...Katharine MacGregor, deputy secretary of the interior, said that while the bids were “so great to have”, the longer-term impact of royalties was more important....
...In more recent times, the company has been hit by its exposure to the North American shale sector, with demand for oil falling sharply since the start of the year....
...This month Royalty Pharma sold $2.2bn of stock and Warner Music raised $1.9bn in the two biggest deals of the year....
...A version of this article was first published by the Nikkei Asian Review on July 25 2020. @2020 Nikkei Inc. All rights reserved....
...In an April 16 note downgrading Diamond’s debt to the 17th point on its 21-point scale, rating agency Moody’s said the oilfield services sector would be “one of the sectors most significantly affected” by...
...(FT) Inflated assets The shale oil industry was coming undone even before coronavirus struck a severe blow....
...West Texas Intermediate, the US oil marker, increased 2.7 per cent to settle the week at $16.94 a barrel....
...She was 16 when she released her first album in 2006, since then she has sued a radio DJ for groping her and waged war and won against both Spotify and Apple Music over royalties paid to artists on streaming...
...Entertainment royalty at the fair’s second edition (February 13-16) included Charlize Theron, Jennifer Lopez, Natalie Portman and Kendall Jenner — the Kardashians TV star bought a work by the American light...
...The group filed five lawsuits alleging that semiconductor manufacturing technologies used by TSMC infringed on 16 of its patents....
...Apple and its suppliers argued Qualcomm had overcharged for royalties since 2013. They ceased paying the royalty fees in 2017, and Qualcomm had sought back payments as well as damages....
...Other regionally listed stocks, such as the UK, are mere “master franchisees”, paying royalties to the US parent in order to charge royalties to a sub-set of local franchisees....
...The new terms may include Apple paying a higher royalty per device, the analysts added, calling the impact “difficult to estimate.”...
...TATE has done sterling work on rebuilding its balance sheet and cashflow in recent years, reflected in FY20E ND:EBITDA (inc. IFRS 16) of 0.9x & 1.8x FCF dividend cover....
...John Cecil (possibly second left) of Kallo Inc, an American healthtech thing that has had some dealings in Ghana....
...The Union 50 Greek Street, Soho, London, W1D 4EQ Cream of celery soup £8.75 Pumpkin and ricotta ravioli £16.50 Green tea £3 Total (inc service) £31.78 Did his personal history inform his reporting?...
...This was followed in natural gas by a rise of 18 per cent on Wednesday, then a 16.5 per cent fall on Thursday....
...Big energy companies were also attracted to shale assets put up for sale as the price of oil has climbed. BP in July agreed to a $10.5bn takeover of BHP’s US shale assets....
...It looks as though the only thing that could really put a brake on the industry’s growth would be another collapse in prices like the one in 2014-16....
...Commodities Brent crude settled 0.5 per cent higher at $72.16 a barrel, after falling 4.6 per cent on Monday and touching a three-month intraday low....
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