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• Chevron sets sights on 1M bpd Permian play output
  Oil major Chevron has earmarked more than 6,000 well locations...
  Oil major Chevron has earmarked more than 6,000 well locations that it says offer sufficient capacity to enable it to substantially increase its Permian production from its current level of 770,000 barrels of oil per day. "Longer term, we've identified well over 6000 economic net well locations that support a plateau greater than 1 million barrels per day through the end of next decade," says chief executive Mike Wirth.
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• U.S. stocks finish higher as S&P 500, Nasdaq climb for 5th straight month
  U.S. stocks finished higher on Monday, while the S&P 500...
  U.S. stocks finished higher on Monday, while the S&P 500 and Nasdaq Composite capped off July by recording their fifth-straight month in the green — the longest winning streak in roughly two years for both indexes.
  
  The S&P 500 SPX gained 6.92 points, or 0.2%, to finish Monday at 4,589.15, according to preliminary closing data from FactSet. For the month of July, the large-cap index increased by 3%. The Nasdaq Composite COMP gained 29.37 points, or 0.2%, to 14,346.02, bringing its July advance to 2.2%. The Dow Jones Industrial Average rose by DJIA 100.57 points, or 0.3%, to 35,559.86, notching a 4.8% increase for the month. In another notable move, The S&P 500 Information Technology Sector gained 2.4% in July to rise for the 7th straight month, the longest such streak since August 2014.
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• Oklahoma energy companies upcoming earnings release
  Devon Energy, Gulfport, and Chesapeake Energy are among some of the Oklahoma oil and gas firms that will...
  Devon Energy, Gulfport, and Chesapeake Energy are among some of the Oklahoma oil and gas firms that will release their reports Tuesday.
  
  Tulsa-based Williams will report its earnings on Wednesday. Others such as Occidental Petroleum, ConocoPhillips, Phillips 66, EOG Resources, Pioneer Natural Resources, and Diamondback Energy are among those releasing their earnings.
  
  OGE, NGL, and Mammoth Energy plan to release their earnings reports next week.
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• ☕️What Else is Brewing Monday Morning
  Drones hit buildings in Moscow on Sunday in a series of attacks Russia blamed on Ukraine. ...
  Drones hit buildings in Moscow on Sunday in a series of attacks Russia blamed on Ukraine. Ukraine President Volodymyr Zelensky said, “The war is gradually returning to Russia’s territory.”
  
  X (formerly Twitter) reinstated Kanye West’s account after a nearly eight-month suspension.
  
  Sizzling temps in the US Southwest are set to ease this week with the arrival of monsoon rains.
  
  American swimmer Katie Ledecky broke Michael Phelps’s record with her 16th individual gold medal at the world championships.
  
  “A female microscopic roundworm that spent the last 46,000 years in suspended animation deep in the Siberian permafrost was revived and started having babies in a laboratory dish,” the Washington Post reports.
  
  
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• Market Outlook July 31, 2023
  As a soft landing for the economy comes into view, the S&P 500 is on track to wrap up July with its ...
  As a soft landing for the economy comes into view, the S&P 500 is on track to wrap up July with its fifth-straight monthly gain (unless we just jinxed it). But flipping the calendar comes with perils: Over the last 30 years, August and September have been the worst two months for the index, according to Bloomberg.
  
  Exxon Mobil and Chevron shares fall after posting earnings roughly 50% lower than last year’s second quarter amid reduced energy prices (More)
  
  Earnings on deck today: Mitsubishi Electric, Panasonic, Heineken, and other companies.
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