Hints and tips:
...The Houston-based company is also active in chemicals through a stake in CPChem, which it owns with Chevron....
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...Australia’s Woodside Energy and American company Chevron, the operators of the plants, are in talks with unions to avoid strike action....
...Blackstone in September became the first private equity group to be included in the S&P 500 index and its rivals Apollo Global and KKR are hoping they are not far behind....
...American equities recorded their longest winning streak in two years after the S&P 500 closed out July 3 per cent higher....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...S&P Global Commodity Insight....
...The world’s largest petrochemical companies, including Dow, Sabic and Chevron Phillips Chemical, have all formed partnerships with recycling start-ups....
...Separately, S&P Global will report manufacturing data for Brazil, Mexico and Canada....
...Chevron: Higher oil prices should underpin a strong fourth-quarter report from Chevron....
...“There are no equivalent 100 per cent mortgages in the standard market,” says David Hollingworth of UK mortgage broker L&C....
...Meanwhile, energy companies are reaping the benefit....
...The report found climate funds frequently held investments in the likes of oil companies Chevron and ExxonMobil and pipeline company Kinder Morgan....
...Several them own NFTs or NFT-adjacent companies — maybe that’s bad? Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . ....
...These tariffs primarily impact imports from Chinese-owned companies, which have been linked to forced labour in the country’s autonomous Xinjiang region. (WSJ and S&P)...
...L J Hickman dauntbooks.co.uk The Elliott Bay Book Company, Seattle “I have such good memories of evenings on book tour there, and of the wonderful people running it.”...
...“It basically takes a waste plastic and unzips it back to its original feedstock or components,” said Jim Becker, vice-president of polymers and sustainability at Chevron Phillips Chemical....
...Elon Musk’s Tesla is one of those companies....
...Refineries in Lake Charles owned by Phillips 66 and Citgo Petroleum were halted, as were others in Texas owned by Motiva Enterprises, ExxonMobil, Valero Energy, Total and Chevron, S&P said....
...“Europe is a good opportunity now,” says Gavin Launder, manager of the European fund at L&G, the investment group. “Governments are now quite keen to promote tech-savvy companies....
...On Monday evening, rating agency S&P revised its outlook for Chevron to negative from stable and cited the company’s “weaker-than-expected performance in 2020” because of the oil-price collapse....
...“Historically, North America had not been a major exporter of polyethylene for a long time, or an exporter of petrochemicals in general,” says Mark Lashier, chief executive of Chevron Phillips Chemical ....
...As it announced yesterday its plans to scale back its deal to buy Edison E&P, its chief executive Mathios Rigas was at pains to emphasise its share price shouldn’t be treated like an oil company’s: “Around...
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
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