Hints and tips:
...Shares in Chevron fell 17 per cent last year, compared to a 9 per cent drop for ExxonMobil, its larger US rival....
...This would involve bundling up the royalties paid by restaurant franchises and using them as collateral to borrow....
...Scott Sheffield is retiring as head of shale giant Pioneer Natural Resources. Allen & Overy has promoted 36 new partners....
...While it made €9.7bn in revenue in 2021, it also paid out $7bn in royalties. It ended last year with a net loss of €34mn....
...It also sold $2.3bn of shares in the second quarter, cutting its stakes in General Motors, US Bancorp and grocer Kroger, and exited its positions in Verizon and Royalty Pharma....
...Occidental’s shares jumped 9.9 per cent to $71.29 after the Ferc filing.Buffett’s support was instrumental in Occidental’s $55bn takeover of Anadarko Petroleum in 2019....
...The bid values Continental at $25.4bn and represents a 9 per cent premium over the energy group’s closing share price on Monday, when US stocks fell into a bear market....
...Kimmeridge Energy, an activist private energy investor that owns a 4.9 per cent stake in Oasis, said it was “highly supportive” of the deal....
...In a consumer goods world battling customer apathy with established brands, Ben and Jerry’s grew 9 per cent last year....
...The US pharmaceuticals group on Monday said it would buy the stake at a price of €9.49 a share — a 20 per cent premium to Valneva’s closing price on Friday of €7.94 — via a reserved capital increase....
...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....
...The largest came last week when ConocoPhillips agreed to buy Concho Resources in a deal worth $9.7bn, marking another big bet on the future of US shale....
...There are bubbles beyond Spacs, Chanos told Harriet and Ortenca, pointing to Torchlight Energy — a US pole-dancing company-turned shale producer whose shares have soared more than tenfold this year....
...It said the commission appeared to already know about the preliminary WHO results as it raised them with the drugmaker on October 9. The commission declined to comment further....
...This month Royalty Pharma sold $2.2bn of stock and Warner Music raised $1.9bn in the two biggest deals of the year....
...For US oil production, there should be little in the former vice-president’s proposals to frighten the better-run companies in the shale patch....
...The Houston-based company earned net income of $648m in 2019, up 38 per cent on the previous year, on revenue of $9.7bn. Shares in the company fell 4 per cent to $49.86 in New York on Tuesday....
...Mr Hamm, the son of an Oklahoma sharecropper, owns a 78 per cent interest in Continental worth $9.5bn, according to S&P Global Market Intelligence....
...“Our strong operating cash flow in the quarter allowed us to repurchase shares and pay dividends of about $1.9 billion....
...The only active fracking site in the UK is at Preston New Road in Fylde, where work by Cuadrilla, the operator, caused last summer’s 2.9 magnitude tremor....
...Although revenue jumped 73 per cent to $9.6bn, the surge was entirely due to a $4.7bn one-off payment from phonemaker Apple, as part of a significant legal settlement agreed earlier this year....
...The company said it anticipated sales of between $9.2bn-$10.2bn in its fiscal third quarter, including the one-time payment from Apple....
...entrepreneur Whether you prefer to style her the youngest self-made billionaire on earth or Gen Z’s first billionaire, the 22-year-old founder of Kylie Cosmetics sold a majority stake in her firm to Coty Inc...
...Patent and royalties cases can be hideously complex, hard for a jury to understand and therefore unpredictable in their outcome....
...Shares were down 9.6 per cent during lunchtime trade in New York, setting them up for their biggest one-day drop since July 2017....
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