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Wednesday, September 8, 2021

Is Anyone Paying Attention? September 8, 2021

A digression: AMGN pays it's dividend today. The quarterly dividend paid today is more than 10% -- some say 11.6% -- higher than the previous quarterly dividend. 

Now, back to the story

I'm watching TCM  now, but I spent 5:30 a.m. to 9:00 a.m. CT surfing business news on the internets and watching CNBC, and I did not once see / hear this story [later, 11:30 a.m.: at twitter -- highest in seven years):

Link here, a dynamic link.

The print may be too small to read for some. To cut to the chase: US natural gas up over 9%. 

Remember when natural gas was selling under $2.00. I think that was during the "mean tweet" administration. Now, almost $5.00. Let's see 5 - 2 = 3. 3/2 = up 150%.


Seems like just the wrong time for Chevron to be selling its gassy assets in the Eagle Ford. But that's what activist investors will get you.

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