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$1,000 Invested In Occidental When Warren Buffett Bought The Stock At Onset Of Russia-Ukraine War Would Be Worth This Much Now
Tuesday, March 28, 2023 - 3:43am | 621Billionaire investor Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) recently scooped up on another chunk of shares in oil exploration company Occidental Petroleum Corp. (NYSE: OXY). What Happened: With the most recent purchase, valued at around $216 million...
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Environmental Groups Appeal Permits For LNG Export Facility In New Jersey
Thursday, October 15, 2020 - 7:43am | 2231Environmental groups are appealing multiple permit approvals for a project that would include the transport of liquefied natural gas (LNG) via rail for export out of a New Jersey terminal. The organizations say the rail and truck transport of LNG needs more federal regulatory oversight given its...
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A Fantastic FERC Gift For MLP ETFs
Friday, July 20, 2018 - 2:20pm | 513Master limited partnerships and the relevant exchange traded funds rallied Thursday after the Federal Energy Regulatory Commission took steps it said ensure that natural gas pipeline rates remain fair. FERC announced the decision after the close of U.S. markets Wednesday. On Thursday, the...
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Morgan Stanley Updates MLP Sector After FERC Decision
Friday, March 23, 2018 - 9:57am | 629The Federal Energy Regulatory Commission said March 15 it has eliminated tax allowances for master limited partnership pipelines and proposed natural gas pipelines. The decision has implications across the entire sector, which prompted Morgan Stanley to "sort through the rubble" and...
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Will Coal Have A Place In The Future Of Global Energy?
Friday, September 20, 2013 - 12:25pm | 498Coal is getting hammered by competition from green energy and new government policies. The federal government’s general endorsement of green energy sources such as solar and wind power has left the coal industry insecure. Just this Friday, the Obama Administration set a cap for the carbon...