Tag: oil
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Shell to withdraw from Russian oil and gas
Shell owns 68.5% of Shell Midstream Partners. Shell Midstream Partners (SHLX) has a current dividend yield of 8.41% and is rated as “Borderline Safe” by SimplySafeDividends. I hold SHLX in my High Yield Portfolio. In total SHLX is 1.7% of my portfolio. Shell had previously said it would pull out of a number of joint ventures in…
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Russia killed COVID-19
Russia continues to dominate the news, oil tops $130, Gold surges, Natural Gas prices spike in Europe, and much much more!
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Putin on the blitz
Russia invades Ukraine sending markets on a ride, Dow goes into correction (briefly), bank stocks clobbered, and much much more!
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Frackers are fracking again
Private oil producers are leading an industry return to places like the Anadarko Basin of Oklahoma and the DJ Basin in Colorado, where drilling had almost completely stopped in mid-2020 when those areas became unprofitable because of lower oil prices. Oil production in these marginal regions isn’t expected to move the needle in the global…
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Exxon & Chevron are gushing cash
Chevron (CVX) has a current dividend yield of 4.23% and is rated as “Safe” by SimplySafeDividends. I hold CVX in my Low Yield Portfolio. In total CVX is 0.6% of my portfolio. Exxon Mobil (XOM) has a current dividend yield of 4.40% and is rated as “Borderline Safe” by SimplySafeDividends. I hold XOM in my…
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7% inflation… Oh My!
Inflation at 7% in December, Some large billion dollar companies down 20% off their highs, U.S. truckers may not be allowed into Canada dominated and much much more!