The White House urged OPEC to boost oil production Wednesday, saying recent planned increases are insufficient as countries around the world seek to emerge from the Covid-19 pandemic. National security adviser Jake Sullivan said in a statement that recent planned production increases by the Organization of the Petroleum Exporting Countries would “not fully offset previous production cuts”…

Seems the company may have engaged in false or misleading statements which could have caused share prices to plunge 65%. The stock price is still going down perhaps on the news of this investigation. I’m still holding my position because at this point I think I would be better off riding this out. If you…

A lot can happen in 30 years and considering to make a pledge is different than making a pledge. I expect they may make this pledge but it’s more an effort to placate new board members than anything serious. In March 2020, Exxon Chief Executive Darren Woods described ambitious carbon reduction targets made by some European rivals…

Following Shell Midstream’s 35% distribution cut announced in late July, we are upgrading the partnership’s Dividend Safety Score from Unsafe to Borderline Safe to reflect the firm’s improved distribution coverage. $$Shell Midstream’s Rightsized Distribution Better Covered by Cash Flow Going Forward (simplysafedividends.com)

Oasis Midstream Partners (NASDAQ:OMP) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.71 by 1.41 percent. This is a 118.18 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $95.26 million which beat the analyst consensus estimate of…