Hints and tips:
...Alongside Continental Resources boss Harold Hamm, Hess transformed the state from producing fewer than 100,000 barrels of oil a day in the early 2000s to a peak of 1.5mn b/d in 2019....
...The S&P 500 ESG index aims to carve out a portion of the familiar S&P 500 that represents best of breed in the same underlying industries. ExxonMobil scored higher than its Big Oil competitors....
...That defence is not enough to satisfy Musk and others who question how Tesla — with its huge role in the growth of low-carbon transport — could be dropped from this ESG index, while oil giant ExxonMobil...
...A change in the make-up of the board of directors was the goal of Engine No. 1, a US investment firm that campaigned to push ExxonMobil to move to a lower-carbon model....
...Some ESG investors might be sceptical about investing in economies where oil is a major income source....
...On Monday, S&P confirmed that it would snatch IHS Markit in an all-stock acquisition at an enterprise value of $44bn — the latest in a frenzied consolidation among information services companies....
...Its enterprise value will be $2.6bn....
...Tight supply and rising consumption are draining global oil inventories — they fell by more than 1m b/d last month, said Kpler. Stockpiles shrank in the US yesterday too....
...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....
...The acquisition is expected to trigger a string of deals in the oil sector as deep-pocketed groups such as Chevron and ExxonMobil lead a wave of consolidation across the heavily indebted US shale patch....
...Upstream oil and gas production is expected to reduce from 2.6mboe/d in 2019 to around 1.5mboe/d (a far more significant cut vs JPMe 2.5mboe/d); and refining throughput is expected to fall from 1.7mb/d in...
...A recovery in oil and other commodities such as industrial metals is a key development for LatAm and Emea economies in the coming months. Your feedback I’d love to hear from you....
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...With the shares pricing $55 oil and corporate actions offering the chance to add a material position likely close to 30p/ shr, we'd look to participate in the upcoming equity issuance....
...Investors receive a yield of around 6.3 per cent for Royal Dutch Shell and 4.9 per cent for ExxonMobil, according to S&P Global data....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Over time, we’d expect some of them to start cutting their refinery runs, that is decreasing the volume of crude oil they process....
...We think Airbus would be best-positioned to benefit from a V-shaped recovery in 2021....
...Its future seems likely to be a much more prosaic business, dominated by large corporations....
...Chart of the week Moody’s announcement last week that it was considering stripping ExxonMobil of its triple-A credit rating, flagging risks in its adjustment to a lower carbon economy, should serve as a...
...The new CME contract is delivered at Houston terminals owned by Enterprise Products Partners. Its rules require oil with gravity, or density, that measures within a narrow band of 40-44 “degrees”....
...micro, small, and medium enterprises....
...Buffett’s plain-dealer persona is an integral part of the Berkshire enterprise....
...Thus, the more we mistake and celebrate this sort of bullshitting as legitimate corporate enterprise, the greater the risk actually worthwhile corporations mimic the exercise, and in so doing become increasingly...
...The S&P oil and gas exploration and production industry select index has dropped about 60 per cent from its peak in June....
International Edition