Materials & Natural Resources
Hecla Reports Preliminary Results & Second Highest Silver Production in Hecla’s History
Founded in 1891, Hecla Mining Company (NYSE:HL) is a leading low-cost U.S. silver producer with operating mines in Alaska and Idaho and is a growing gold producer with an operating mine in Quebec. The Company also has exploration and pre-development properties in eight world-class silver and gold mi...
Jan 13, 2021
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3M Releases November 2020 Sales Report- 8% Y/Y to $2.9B
Dow 30 component, 3M (MMM) released its sales figures for the month of November 2020. Key highlights: Total sales for November increased 8 percent year-on-year to $2.9 billion. Totals sales in Safety and Industrial increased 16 percent in both, and Consumer, while Health Care unit grew 5 perc...
Dec 15, 2020
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Dow 30 Component Caterpillar Inc. Announces Quarterly Dividend
Reportedly, the board of Caterpillar, Inc. (CAT) has announced to maintain the quarterly cash dividend of 1.03 per share of common stock to shareholders of record at the close of business on January 20, 2021. The dividend is to be payable on February 19, 2021. Caterpillar has paid a cash dividend ev...
Dec 09, 2020
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3M Announces Q4 Dividend Payable On December 12
As per reports, the board of 3M (MMM) has declared a Q4 dividend of $1.47 per share, payable on December 12, 2020, to common stock shareholders, as of the close of business on November 20, 2020. The company has been paying dividends to its shareholders without fail for more than 100 years. 3M (MMM)...
Nov 12, 2020
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Home Depot Sets Q3 2020 Earnings Date For Tuesday, November 17, at 9 a.m. ET
Reportedly, The Home Depot, Inc. (HD) to hold its Q3 2020 earnings call on Tuesday, November 17, at 9 a.m. ET. The call webcast will be available by noon on November 17, at http://ir.homedepot.com/events-and-presentations under the Third Quarter Earnings Conference Call icon. The Home Depot, Inc. (...
Nov 10, 2020
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Leading Low-Cost U.S. Silver Producer Hecla Mining Company (NYSE: HL) Reported Record Adjusted EBITDA In Q3 2020
Founded in 1891, Hecla Mining Company (NYSE:HL) is a leading low-cost U.S. silver producer with operating mines in Alaska, Idaho, and Mexico and is a gold producer with operating mines in Quebec, Canada and Nevada. The Company also has exploration and pre-development properties in seven world-class ...
Nov 09, 2020
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Boeing Reports Q4 Loss As Sales Continue To Drop During Pandemic
As per reports, Boeing (BA) reported a Q4 loss this week, as the coronavirus pandemic and extended 737 MAX grounding hurt figures. Boeing reported a loss of $1.39 per share, lower than Wall Street's average expectation of a loss of $2.52 per share. Revenue dropped 29% to $14.14 billion but performed...
Oct 28, 2020
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Chevron’s Nigeria Unit To Cut Its Workforce By 25%
As per reports, the Nigerian unit of oil major Chevron Corporation (CVX), to cut its local workforce by 25% to reduce costs driven by the weak demand for oil amid the coronavirus pandemic. Layoffs to affect workers across its operations unit. The unit which operates in a joint venture with Nigeria'...
Oct 08, 2020
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Your Invited To Today’s Tribe Public’s FREE Webinar Event “A Uniquely Scarce Investment” Presented by Hecla Mining (NYSE: HL) CEO
Today, Wednesday, September 30th Tribe Public, website www.tribepublic.com, will host a FREE Webinar Presentation and Q&A Event with Mining Industry Expert Phillips S. Baker, Jr., President, and CEO of Hecla Mining Company (NYSE: HL) titled "Hecla- A Uniquely Scare Investment." ...
Sep 30, 2020
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Chevron Sues Australia’s Ampol Over Alleged Trademark Licence Issues
As per reports, Chevron Corporation (CVX) had sued the Australian fuel supplier Ampol Ltd over alleged 'Caltex' branding breaches under which Ampol previously used the U.S. company’s “Caltex” brand. The breaches occurred due to Ampol's usage of "non-compliant" signage at 177 of its about 800 c...
Sep 17, 2020
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Your Invited To Today’s Tribe Public’s FREE Webinar Event “A Uniquely Scarce Investment” Presented by Hecla Mining (NYSE: HL) CEO
This event has been rescheduled for Wednesday, September 30th at 8:30 am PT / 11:30 am ET. Please visit the Tribe Public website to join at www.tribepublic.com Today, Wednesday, September 9th Tribe Public, website www.tribepublic.com, will host a FREE Webinar Presentation and Q&A Event with...
Sep 09, 2020
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Caterpillar Q2 Earnings Were Better Than Wall Street’s Expectations
Caterpillar, Inc. (CAT) reported Q2 earnings last month, beating expectations. Earnings per share dropped 70% to 84 cents, beating analyst expectations at 66 cents. Revenue dropped 31% to $10.0 billion. On March 26, Caterpillar had pulled guidance and didn't offer any further forecasts. The company ...
Aug 07, 2020
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Caterpillar To Publish Fiscal Q2 Earnings on July 31
Reportedly, Caterpillar, Inc. (CAT) will announce announces its fiscal Q2 2020 earnings on Friday, July 31 at 5.30 am CDT. The results will be published on the company's website at investors.caterpillar.com/financials/quarterly-results. Listen-only, real-time teleconference, and webcast of the resul...
Jul 23, 2020
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Boeing Resumes 737 Max Production But Prepares For Job Cuts Hitting Nearly 13000 Workers
As per reports, Boeing workers in the U.S are set to lose jobs in the coming weeks, as it is the company's plan to slash its global workforce by 10%. More layoffs are expected to take place including layoffs in the U.K too. "I wish there were some other way," wrote chief executive Dave Calhoun ...
Jun 02, 2020
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Caterpillar Q1 Sales Drop to $10.6B Amid COVID-19 Pandemic
Caterpillar, Inc. (CAT) reported a 21% decline in Q1 sales caused due to falling demand in the construction and mining sectors caused by the pandemic. The company reported revenues of $10.6 billion in the first quarter, compared with $13.5 billion in the first quarter of 2019. The company reported a...
May 06, 2020
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Exxon Mobil Reports $610M Losses, Amid Plunging Oil Prices Caused By Global Pandemic
Major U.S oil giant Exxon Mobil (XOM) Corporation reported sobering news and its first loss in decades as oil prices plunged to historic lows due to drop-off in demand amid the coronavirus outbreak. The company lost $610M in the first quarter due to $2.9B in write-downs tied to falling oil prices. ...
May 04, 2020
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Home Depot Reports Better-Than-Expected Q4
The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...
Mar 04, 2020
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Hecla Mining Company (NYSE: HL) Prices $475M of 7.25% Senior Notes Due 2028
Hecla Mining Company (NYSE: HL) today announced that it has priced its previously announced public offering of senior notes (the "Offering"). The Company has agreed to sell $475.0 million aggregate principal amount of 7.250% Senior Notes due 2028 (the "Notes"). The Offering is expected to close on F...
Feb 14, 2020
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Caterpillar Releases Q4 Earnings, Forecasted Weaker-Than-Expected Guidance
Caterpillar, Inc. (CAT) reported a revenue miss in the fourth-quarter earnings last week indicating “global economic uncertainty.” The company reported an Adjusted EPS of $2.63 per share in comparison to an estimate of $2.37 by analysts’. Revenue declined 8% year over year to $13.144 billion...
Feb 07, 2020
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3M Hits 62nd Consecutive Year Milestone For Increasing Its Dividend
3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology platforms, their integrated team of scientists and researchers works with customers to create breakthroughs. Their inventions have improved daily life for hundreds of millions of people all over the world. W...
Feb 06, 2020
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Exxon Reports Fourth-Quarter Earnings
Exxon Mobil (XOM) Corporation is a global oil and natural gas company. Founded in 1870 and headquartered in Irving Texas, Exxon Mobil explores for and produces crude oil and natural gas, manufacture and markets commodity petrochemicals, and transports and sells crude oil, natural gas, and petroleu...
Feb 04, 2020
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3M Reports Narrowly Misses Quarterly Expectations As It Stumbled in China
3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology platforms, their integrated team of scientists and researchers works with customers to create breakthroughs. Their inventions have improved daily life for hundreds of millions of people all over the world. W...
Feb 03, 2020
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Exxon Trades March-April Russian Sokol Crude Cargoes
Exxon Mobil (XOM) Corporation is a global oil and natural gas company. Founded in 1870 and headquartered in Irving Texas, Exxon Mobil explores for and produces crude oil and natural gas, manufacture and markets commodity petrochemicals, and transports and sells crude oil, natural gas, and petroleu...
Jan 31, 2020
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Chevron To Withdraw Its Stake In Indonesian Deepwater Development (IDD) Project
Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. As per reports, U.S oil giant Chevron is planning to sell its participating interest in the Indonesian Deepwater Development (IDD) gas project to cut co...
Jan 29, 2020
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ExxonMobil Kicks Off Liza Phase 1 Oil Production in Guyana
Exxon Mobil (XOM) Corporation is a global oil and natural gas company. Founded in 1870 and headquartered in Irving Texas, Exxon Mobil explores for and produces crude oil and natural gas, manufacture and markets commodity petrochemicals, and transports and sells crude oil, natural gas, and petroleu...
Dec 24, 2019
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3M Open & Minnesota Vikings’ Kyle Rudolph Teaming Up To Design Custom Cleats For NFL’s Charity Campaign
3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology platforms, their integrated team of scientists and researchers works with customers to create breakthroughs. Their inventions have improved daily life for hundreds of millions of people all over the world. W...
Dec 05, 2019
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ExxonMobil’s Singapore Plant Is Flaring
Exxon Mobil Corporation (XOM) explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics...
Dec 01, 2019
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Caterpillar Lays Off Workers At Its Texas Plant
Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving p...
Nov 08, 2019
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“Pause” Vista Partners Daily Market Recap 11/6/19
Wednesday, November 6th seemed to produce a time that most were pausing as the markets were basically flat. The markets' recent runup into record territory called for this to happen and of course, we had to deal with yet another turn of understanding with regard to the trade wars too as stor...
Nov 06, 2019
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Profits Decline For Chemical Maker Dow
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical, and biological science to help address many of the world’s most challenging problems, ...
Nov 05, 2019
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“Holy Biotech Batman! (NXTC +248.92%, $2.09B Mkt Cap)” Vista Partners Daily Market Recap 11/5/19
Tuesday, November 5th brought forth a reminder of why I continue to invest in the biotech space as NextCure, Inc. (NXTC) jumped an amazing +248.92% closing at $92.22/share after reaching $109/share. NXTC traded 7.88 million shares and now enjoys a 2.09B market cap. NXTC opened trading at $25.5...
Nov 05, 2019
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“Phase 1 Today” Vista Partners Daily Market Recap 11/4/19
Monday, November 4th brought our attention again towards stories regarding the US-China trade wars. Specifically that we should have confidence that a phase 1 agreement is still on track for this year between these two super economic powers. US Commerce Secretary Wilbur Ross shared that he be...
Nov 04, 2019
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“Smashing” Vista Partners Daily Market Recap 11/1/19
We welcomed our first day of November with the October jobs report surfacing and smashing expectations. The unemployment is now at a 5-decade low while wages were confirmed to have increased a bit. This was indeed enough to give the markets the much-needed fuel to move higher. As a result, th...
Nov 01, 2019
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“Happy Halloween” Vista Partners Daily Market Recap 10/31/19
Happy Halloween! Well, as the lead picture in this story might indicate it was not so happy of a day for market participants today as the markets sold off for the most part as concerns around the US-China trade wars surfaced its scary head again. Reports that officials in China having doubts...
Oct 31, 2019
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“Third Time Is A Charm?” Vista Partners Daily Market Recap 10/30/19
It would seem that the Fed's move today to cut interest rates by another quarter-point for the third time this year was indeed a charm as the markets continued moving upward for the most part. The benchmark interest rate is now in a target range of 1.5% to 1.75%. The fed stated that the move w...
Oct 30, 2019
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“Waiting…” Vista Partners Daily Market Recap 10/29/19
As we await the Fed's Wednesday decision to lower interest rates again for the third time this year, the S&P 500 hit an all-time new high prior to ending today's session down by 2.53 points or -.08% as it closed at 3,036.89. Firms making up just over 50% of the S&P 500’s market ...
Oct 29, 2019
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3M Trims Earnings Outlook For 2019 During Q3 Report
3M reported third-quarter earnings recently, reporting earnings of $1.58 billion, or $2.72 a share in comparison to $1.54 billion, or $2.58 a share for the same period a year ago and exceeding expectations at $2.49 per share. CEO Mike Roman stated “While the macroeconomic environment remain...
Oct 29, 2019
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“Looking Probably Ahead” Vista Partners Daily Market Recap 10/28/19
The markets today seemed to be reacting to a number of actions at the macro level that once again buoyed the markets into positive and record territory. Today, according to a Reuters article, one of those factors played a hand we heard from President Trump regarding the US_-China trade wars ...
Oct 28, 2019
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“Positive Sentiment” Vista Partners Daily Market Recap 10/25/19
At the end of the day, the results of the market rose strongly on the sentiment that the US-China trades were heading towards a positive outcome as we head into next week's likely interest rate cut as the Fed makes its decision on Wednesday. The S&P 500 ended today's session up by 12.26 ...
Oct 25, 2019
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“Microsoft, Dow, Paypal, INVO Bioscience, & Tesla Jump Today” Vista Partners Daily Market Recap 10/24/19
Shares of Microsoft (MSFT), Dow (DOW), Paypal (PYPL), INVO Bioscience (IVOB) & Tesla (TSLA) all jumped today. Microsoft released Q3 earnings after the close yesterday beating expectations as cloud services boosted revenue and ended today's trading at $139.94/share up 1.97%. Dow (DOW) ...
Oct 24, 2019
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Dow 30 Component Caterpillar Misses Earning Expectations
Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving p...
Oct 24, 2019
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“Moderately Green Session” Vista Partners Daily Market Recap 10/23/19
A number of companies from the S&P 500 & Dow 30 continued to report their Q3 earnings again today with varying degrees of success or failures to meet Wall Street's expectations, but at the end of the day, the markets ended in moderately green territory. Of note, Boeing (BA) reported ea...
Oct 23, 2019
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“Earnings & Brexit” Vista Partners Daily Market Recap 10/22/19
A number of companies from the S&P 500 & Dow 30 continued to report their Q3 earnings today while the Brexit reared its ugly head towards the end of the day to put a damper on any excitement that was bubbling early in the markets. Procter & Gamble (PG) beat expectations, United Tec...
Oct 22, 2019
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“Apple Leads Market” Vista Partners Daily Market Recap 10/21/19
Apple (AAPL) hit a new high as Raymond James updated its AAPL price target from $225 to $280 today which in turn led the market forward. AAPL shares closed at $240.51/share after hitting a new all-time high of $240.99 a touch higher. At the end of the day, the S&P 500 ended today's sessio...
Oct 21, 2019
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“Heavy Friday” Vista Partners Daily Market Recap 10/18/19
The market traded in the red today as a few issues were feeling a bit heavy. Johnson & Johnson (JNJ) with the headlines swirling about their baby powder which was apparently found to have traces of asbestos, Boeing (BA) with a report that surfaced suggesting that they may have misled the F...
Oct 18, 2019
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Exxon Mobil To Lend Expertise To India’s ONGC
Reportedly, Global energy giant Exxon Mobil Corporation (XOM) is set to offer its expertise and technology to India’s state-owned explorer Oil and Natural Gas Corp Ltd (ONGC) and help establish its resources in the offshore block, as per sources. Both the parties are looking forward to jointly loc...
Oct 17, 2019
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“Splash Of Green” Vista Partners Daily Market Recap 10/17/19
It was a splash of green for all across the board in the markets today as it pointed to a number of better than expected earnings reports and news from across the pond that a Brexit deal may be in the works. The S&P 500 ended today's session up by 8.26 points or .28% as it closed at 2,99...
Oct 17, 2019
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“Mixed At Best” Vista Partners Daily Market Recap 10/16/19
The S&P 500 ended today's session down by 5.99 points or .2% as it closed at 2,989.69 just shy of the 3k level. The Dow lost 22.82 points closing over the 27k level at 27,001.98 down by .08%. The tech-heavy Nasdaq Composite closed above the 8k mark closing at 8,124.18 down .30% or 24.5...
Oct 16, 2019
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“A Fresh Wave Of Earnings” Vista Partners Daily Market Recap 10/15/19
Today, a wave of earnings kicked into high gear today which seemed to block out the ongoing trials and tribulations of the US-China trade war and we managed to have a very positive day in the markets. From the Dow 30, Johnson & Johnson (JNJ) reported earnings of $2.12, beating estimates of...
Oct 15, 2019
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“Simply Red Columbus” Vista Partners Daily Market Recap 10/14/19
Today felt like a day where many were hiding or trying to hide in the US as schools, banks, and a few other companies celebrated the Columbus Day holiday but there is no rest for the wicked as the markets were open. It was lighter than normal volume day as many did play a bit of hookey and mad...
Oct 14, 2019
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Impala Platinum Holdings Limited to Acquire North American Palladium Ltd
As per reports, North American Palladium Ltd. has entered into a definitive arrangement agreement with Impala Platinum Holdings Limited, where the latter will acquire 100% of issued and outstanding common shares of NAP for a total cash consideration of C$1.0 billion approximately. As per the deal, N...
Oct 14, 2019
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“Optimistic Market Music” Vista Partners Daily Market Recap 10/11/19
The optimism and sweet tune or news that the US-China 'partial' trade deal was in play, imminent and apparently agreed to today fueled the market throughout as it reached mid-session highs. The Dow was up over 500 points at one point before tailing off into the close. We should also mention ...
Oct 11, 2019
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“Partial To Green” Vista Partners Daily Market Recap 10/10/19
The US-China trade wars were squarely in the markets' line of view again today. An optimistic understanding flew around the "www" today that at least a partial agreement with China may be in the cards. A meeting with President Trump and China's Vice Premier, Liu He, also had wings and that...
Oct 10, 2019
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“Open…?” Vista Partners Daily Market Recap 10/9/19
All the markets apparently needed today was one word from the Chinese regarding the trade wars, "open", and the game was back on. Mind you that the Chinese only suggested that they were open to a partial deal but again the markets these days seem to hold on to what they want to here and today...
Oct 09, 2019
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“Expanding” Vista Partners Daily Market Recap 10/8/19
"Expanding" seemed to be the word of the day today. First, it was widely reported that the U.S. Commerce Department expanded its Entity List" with 28 additional Chinese firms as they had played some role in "fostering violations of human rights" against a Muslim minority in China. A Beijing f...
Oct 08, 2019
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“Trade, Cut, Confusion” Vista Partners Daily Market Recap 10/7/19
With Warner Brothers' new supervillain movie Joker experiencing an opening weekend with $247M in global ticket sales you might think all is well as headlines flew around the world today preaching its success. However, a Bloomberg article did its best to counter these good feelings with another...
Oct 07, 2019
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“Fragile Wings!” Vista Partners Daily Market Recap 10/4/19
We received a good ending to a volatile week that certainly left many of our heads still spinning. As has been the custom this week the markets seem to be riding up and down on the fragile wings of each piece of economic data more than normal. Today, the economic schedule confirmed that the Se...
Oct 04, 2019
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“Rate Cut…!” Vista Partners Daily Market Recap 10/3/19
On Thursday, more economic data was released and hit the markets at 7 am pacific. The markets took an initial nosedive prior to recovering into the close after we received the ISM Non-Manufacturing Index report for September which dropped to 52.6% from the 56.4% mark in August. Layering this p...
Oct 03, 2019
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“Double Down?” Vista Partners Daily Market Recap 10/2/19
No sir!... I am not suggesting you double down on the stock market or anything at this point, however, we did double our consecutive down days today as the markets got stung again & proceeded fall significantly across the board once again. The downward move came in reaction to additional...
Oct 02, 2019
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“Manufacturing Woes” Vista Partners Daily Market Recap 10/1/19
Today, the markets suffered through a bit of negative economic news that came out of the manufacturing sector that seemed to surprise and bring forth woes for many on this first day of October. The Institute for Supply Management’s factory index was reported to have slipped to 47.8 in Septem...
Oct 01, 2019
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“Q3 Positively Ends” Vista Partners Daily Market Recap 9/30/19
Today, the markets ended Q3 on a positive swing after a US Treasury representative on Saturday followed up by White House trade advisor Peter Navarro essentially refuted Friday's Bloomberg story that stated that the Trump administration is considering limits to US investors' flows into China ...
Sep 30, 2019
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Chevron May Face Penalty Charges For Australian LNG Emissions
Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Reportedly, major oil giant Chevron may face penalty charges for carbon emissions from its Gorgon LNG plant-based in Western Australia licensed since Ju...
Sep 30, 2019
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“China Limits” Vista Partners Daily Market Recap 9/27/19
The markets ended the week on a downward slope as we continued to get less than positive news from many fronts spearheaded by the trade wars that continue to bring uncertainty and weigh on the markets this week. Bloomberg ran a story today stating that the Trump administration is considering l...
Sep 27, 2019
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“Adrift” Vista Partners Daily Market Recap 9/26/19
The markets seemed to be without a great deal of conviction and/or just adrift but lower today in a sea of headlines related to trade wars (Huawei again), tariffs, impeachment, whistleblower action more positive economic reports, and historically low jobless claims. The S&P 500 ended today...
Sep 26, 2019
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3M Sides With Clean Air Asia Initiative
3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology platforms, their integrated team of scientists and researchers works with customers to create breakthroughs. Their inventions have improved daily life for hundreds of millions of people all over the world. W...
Sep 26, 2019
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“New Homes Push” Vista Partners Daily Market Recap 9/25/19
After yesterday's somewhat somber "impeachment inquiry' news we started out a bit sluggish in the markets & understandably so. Then the market was given some notes from President Trump's call with Ukrainian President Zelensky and the trade wars to a bit of back seat to the new home sales r...
Sep 25, 2019
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“7-3 Vote” Vista Partners Daily Market Recap 9/18/19
Well, we got it, folks. Yes, the Fed met again today and voted 7-3 to raise interest rates for the second time this year by another .25 basis points to 1.75-2%. This move was as the market had widely expected. President Trump also continued to tell the Fed tht they have it all wrong stating "Jay Pow...
Sep 18, 2019
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“Fed Up Next” Vista Partners Daily Market Recap 9/17/19
The broad markets finished higher again today, except for the Russell 2000, the small-cap stock market index representing the bottom 2,000 stocks in the Russell 3000 Index which moved lower by .40% or 6.31 points closing at 1,578.29. the overall positive move came about with the impending interest...
Sep 17, 2019
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Will Gas Prices Drop Significantly This Fall?
Reportedly, many U.S states may be set to experience significantly lower gasoline prices. Many may see prices fall below $2 per gallon this year due to the onset of the colder months ahead, as per experts at GasBuddy. “There’s more price sensitivity in the summer when people have the means,...
Aug 28, 2019
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Chevron In Talks Regarding License Renewal For Venezuela Operations
Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Recently, as per reports, the Trump Administration is discussing the renewal of Chevron Corp.’s license due to expire on July 27, to continue oper...
Jul 11, 2019
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Linde’s Singapore Investment Set To Support Exxon’s New Integrated Refining Complex
Exxon Mobil Corp's new integrated refining complex is reportedly due to start in 2023. This complex will convert fuel oil and other residual crude products into higher-value lube base stocks and meet stringent emissions rules by the International Maritime Organisation (IMO). Recently, IMO had in...
Jun 25, 2019
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Exxon To Sell All Stakes Off Norwegian Fields
Reportedly, Exxon Mobil will be selling all of the stakes that it holds in oil and gas fields located off the Norwegian coast. Exxon had sold its operated assets in the area two years back and was currently in possession of more than 20 fields, including the Equinor-operated Snorre and Shell-op...
Jun 25, 2019
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Indonesia’s State Energy In Talks To Purchase Exxon, Chevron Indonesian Crude
Pertamina, Indonesia's state energy company reportedly wishes to reduce imports by buying more of its domestic crude. The decision has urged the state energy company to strike a deal with U.S. oil majors Chevron Corp (CVX) and Exxon Mobil Corporation (XOM) and purchase their share of Indonesian ...
Jun 24, 2019
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Exxon Partnering With Saudi Basic Industries To Develop Texas Petrochemical Plant
This week, Exxon Mobil Corporation (XOM) and Saudi Basic Industries Corp announced their 50-50 Joint Venture to construct a petrochemical plant in Texas worth $9 billion. The new venture named as Gulf Coast Growth Ventures to be equipped to produce 1.8 million metric tons a year and store mono-e...
Jun 15, 2019
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Chevron To Introduce Shipping Fuel In Compliance With New IMO Restrictions
In an initiative to reduce air pollution, International Maritime Organization (IMO) restricts ships to use fuel with not more than 0.5% of sulfur from 2020 in comparison to the current 3.5 percent of sulfur usage in fuel. Reportedly, Chevron Corporation (CVX) plans to introduce shipping fuel...
Jun 09, 2019
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Russia Restricts Shipments Of Coal and Gas To Ukraine From Its Territory
Reportedly via Reuters article, Russia has banned shipments via railway from passing through its territory forcing Kazakhstan's state railway company to suspend shipments of LPG and coal to Ukraine. Apart from Kazakh Railway Company, Russia has also restricted its own companies from exporting oil ...
May 27, 2019
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Dow Shines At The 2019 Ringier Plastics Technology Innovation Awards
Dow shined in the Plastics Raw Materials & Additives category at the 2019 Ringier Plastics Technology Innovation Awards as it won two esteemed innovation awards. The launch of new solvent-less adhesive, PACACEL™ 968/C-108 and TUNABLE hand-wrap products were reported to be the most talked abo...
May 02, 2019
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DowDuPont Branches Off Dow Shares
The Dow Chemical Company is a part of the DowDupont Holding Company (DWDP), a business that is focused on agriculture, materials science and specialty product sectors that seek to lead their respective industries through productive, science-based innovation to meet the needs of customers and help ...
Apr 07, 2019
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First Majestic (NYSE: AG) Announces 2018 Exploration Results at Eemitano & Financial Results for Q4 and Year End 2018
First Majestic (NYSE: AG) announced the results from its 2018 exploration program at the Ermitaño Silver/Gold project located four kilometres south of the producing Santa Elena Silver/Gold Mine in Sonora, Mexico. The initial discovery hole (EW16-04) was previously announced on January 17, 2017, w...
Feb 25, 2019
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Newmont Acquiring Goldcorp Definitively Making the World’s Biggest Gold Miner
Earlier this week Newmont Mining Corp. (NYSE: NEM) was reported to be acquiring Goldcorp Inc. (NYSE: GG). The Deal is valued at $10 billion & will definitively result in the world's biggest gold miner. This is also the largest acquisition in the history of the mining industry. Shares of Goldc...
Jan 17, 2019
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First Majestic Announces Higher 2019 Production Outlook & Feb. 25th Conference Call Details
First Majestic Silver Corp. (NYSE AG) is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La En...
Jan 17, 2019
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First Majestic Silver Corp. Recently Announced An “ATM” Offering Equity Program
First Majestic Silver Corp. (AG) (FR.TO) is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La...
Jan 01, 2019
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