Notes From All Over, Part 5 -- Mid-Day Edition -- December 18, 2020

First things first: perhaps the most difficult thing for me to "get through" this time of the year is the list of actors, film directors, associated with the movie industry who have passed away during the past year. TCM is now running a short vignette several times every day with very short clips of those "Hollywood" names who died in 2020. It's really tough, mostly because the personalities bring back bittersweet memories over the years. I have lived at no less than eighteen addresses; four different countries; eight different US states.

EOG: from a press release -- The Board of Directors of EOG Resources, Inc. has declared a dividend of $0.375 per share on EOG's Common Stock, payable January 29, 2021, to stockholders of record as of January 15, 2021. The indicated annual rate is $1.50. 

With current price of $51/share, a $1.50 annual dividend represents a 2.9% yield, which is not too shabby. Not great, but not bad. I think it speaks more to the Board's outlook regarding EOG rather than the yield itself. EOG:

• market cap: $30 billion
• P/E: N/A
• one year target: $62

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

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End-Use Electricity, 2019

Note: in a long note like this there will be typographical and content errors. If this is important to you, go to the source.

If I had one metric with which to measure a state's economic vibrancy it would be this data per capita.

Link here.  

Trillion Btu, total (residential, commercial, industrial, transportation):

• Texas: 1,465
• California: 854
• Florida: 820
• Ohio: 507
• Pennsylvania: 497
• New York: 497

Population:

• Texas: 30 million
• California: 40 million
• Florida: 20 million
• Ohio: 12 million
• Pennsylvania: 13 million
• New York: 20 million

"Btu" per capita:

• Texas: 50
• California: 20
• Florida: 41
• Ohio: 42
• Pennsylvania: 38
• New York: 25

Yes, I know in many cases we are comparing apples to oranges, but it gets me started with the "analysis," as superficial as it might be.

Let's look at just residential use.

Trillion Btu, total:

• Texas: 530
• California: 300
• Florida: 430
• Ohio: 178
• Pennsylvania: 186
• New York: 171 

"Btu" per capita, residential only:

• Texas: 18
• California: 7.5
• Florida: 21
• Ohio: 15
• Pennsylvania: 14
• New York: 9 

To a great extent, of course, residential use is directly correlated to environment (heating, cooling) but one might also suggest it is related to size of homes/apartments, and cost of electricity. 

Just out of curiosity: North Carolina (very, very similar to Texas)

• Btus, total:  466
• Btu, residential only: 204
• population: 10 million
• Btu, total, per capita: 47
• Btus, residential, per capita: 20