OklahomaMinerals.com

Snippets

• 🔥RRH: New Permian mineral listings in Howard County, TX
  Core Permian Minerals Howard County, TX 48.3...
  Core Permian Minerals
  Howard County, TX
  48.3 NRA across 3 tracts
  Operators: Chevron, Laredo, Birch
  40+ wells permitted or being drilled
  Rigs on site.  Log in or get access at http://redriverhub.com
  
  
  Read More
• The Motley Fools Top Energy Stock to Buy in April
  ExxonMobil ( ...
  ExxonMobil ( XOM -3.44% ) is the largest of the oil giants with a $358 billion valuation and an impressive portfolio of assets that it intends to use for its benefit and the benefit of its shareholders. It just announced its $10 billion Yellowtail project off the coast of Guyana that it's partnered with Hess ( HES -1.00% ) on, which will add 250,000 barrels per day of oil production through six drill centers and as many as 26 production and 25 injection wells. Exxon owns 45% of the project, Hess 30%.
  
  The combination of a robust pipeline of low-cost growth prospects and rising energy prices means the moment is still ripe for oil stock investments. With Exxon making its own commitment to buy back $10 billion worth of stock, while maintaining and even raising its dividend, as it has for the past 39 years, ExxonMobil continues to be my top energy stock to buy now.
  
  Source: Motley Fool
  Read More
• 🔥From Twitter: The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer
  The U.S. plans to temporarily allow gasoline...
  
  

  The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g

  
  — The Wall Street Journal (@WSJ) April 12, 2022

  
  
  Read More
• Energy Sector Commentary for Tuesday
  The energy sector is pointing to a higher start and set to recover most...

  The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.

  
  

  WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.

  Read More
• Chesapeake Energy: Bankruptcy To A Dividend Star With 8%+ Yield
  After emerging from bankruptcy earlier in 2021, the once debt-laden Chesapeake Energy...
  After emerging from bankruptcy earlier in 2021, the once debt-laden Chesapeake Energy appears to have transformed into a dividend star.
  
  Their cash flow performance was solid during 2021 and when looking ahead into 2022, management expects to roughly double their free cash flow.
  
  Even more excitingly, they stand to make circa $1b of dividend payments and thus provide a high 8%+ yield on current cost whilst also still seeing very strong coverage.
  
  Source: Seeking Alpha - Read Full Story
  Read More

• Prev
• Next