Notes From All Over -- The Hard Seltzer Edition -- August 2, 2021

First things first, in The WSJ -- "Boz Angeles."

• real estate is booming in Bozeman, MT

Katie Ledecky: The Washington Post. 

Hard seltzer: no one drinks it any more; it's always sold out. To paraphrase Yogi Berra. Link here. Bottom line: SAM blew it. Previously posted.

Vaccines: Big Pharma raising prices on vaccines. Link here. 

In it, to win it. We'll see. Apparently Simone Biles will return to compete in the balance beam. If I have this right, she has self-eliminated in all but one event due to mental health issues, age 24, at the Tokyo 202One Olympics. For the archives. 

New Mexico: breaks oil production record. Previously posted.

Tell me again, lithium batteries are the answer. A giant Tesla battery pack burst into flames during testing, and it took 150 firefights four days to put the fire out. Link here. 

EVs, California: one in five EV owners switch back to ICEs. Charging is a hassle. Previously posted. Link here.

Oil pad in the Bakken: a google search reveals no new information. Last report: the first had been burning for six days; three wells burning; a fourth well shut down; no injuries; fire "contained" to pad.

European gas market: European gas spikes again. Now exceeds $15/mBtu. Link here.  

Market: companies reporting this week -- https://www.foxbusiness.com/markets/july-jobs-adp-employment-victorias-secret-cvs-health-earnings-top-week-ahead. Include:

• WMB, FANG,
• COP, GM,
• ROKU, UBER

Raised dividends last week: eleven companies including Wells Fargo and Hershey. Link here.

COP: whisper numbers -- 

• whisper number: $1.24
• consensus: $1.15

COP earnings, what to expect:

• ConocoPhillips is scheduled to announce Q2 earnings results on Tuesday, August 3rd, before market open.
• The consensus EPS Estimate is $1.13 vs -$0.92 in Q220 and the consensus Revenue Estimate is $10.44B vs $4.02B in Q220.
• Analysts expect capital expenditure of $1.36B.
• Over the last 2 years, COP has beaten EPS estimates 50% of the time and has beaten revenue estimates 38% of the time.
• Over the last 3 months, EPS estimates have seen 15 upward revisions and 2 downward. Revenue estimates have seen 5 upward revisions and 0 downward.