Tag: energy
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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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1st Quarter in the Can
3M remediation in Belgium, AT&T two-way trading, Kinder Morgan backed company files for bankruptcy and much much more!
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Kinder Morgan backed Ruby Pipeline files for bankruptcy
Kinder Morgan (KMI) has a current dividend yield of 5.71% and is rated as “Safe” by SimplySafeDividends. I hold KMI in my High Yield Portfolio. In total KMI is 1.9% of my portfolio. The Houston-based natural-gas pipeline company filed for bankruptcy voluntarily in the U.S. Bankruptcy Court in Wilmington, Del. Ruby, directly owned by Ruby…
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Chevron employees strike at California refinery
Chevron (CVX) has a current dividend yield of 3.45% and is rated as “Safe” by SimplySafeDividends. I hold CVX in my Low Yield Portfolio. In total CVX is 0.7% of my portfolio. More than 500 Chevron Corp. employees went on strike at a refinery in California on Monday amid a contract stalemate. The strike comes after the…
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Windows 10 mayhem
Windows 10 upsets my apple cart, Russia continues to dominate the news, public pension stock dependency, companies continue to isolate Russia, and much much more!
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Individual investors jumping into energy stocks
The Energy Sector makes up 21% of my total portfolio. On Monday, retail investors purchased a net $340 million of U.S.-listed energy stocks and exchange-traded funds, the most in one day in VandaTrack data going back to 2014. Over the five trading days through Tuesday, they bought a net $122.05 million of Chevron Corp. shares…