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Monday, November 1, 2021

Breaking -- November 1, 2021

Texas canines: owners can no longer chain dogs outside. Wow. 

McDonald's McRib: is back. 

Equities:

  • Black Stone Minerals: earnings, 3Q21.
    • 33,000 boepd
    • net income and adjusted EBITDA: $16.2 million and $76.5 million
    • distributable cash: $70.2 million; a decrease of 3% relative to 2Q21
    • a distribution of 25 cents per unit
  • WMB: beats 23.4% on EPS; beats 18.55% on revenue. TipRanks. Whisper numbers. Results here
    • EPS: 34 cents / share vs 28 cents and the whisper number was 30 cents per share
    • revenue: $2.5 billion; grew 28% y/y
    • raises full-year guidance to $5.50 - $5.55 billion from $5.20 - $5.40 billion at the high end;
  • FANG: raises dividend to 50 cents.

Here it comes, transitory surcharges:

  • FedEx to raise rates an average of 6% after January 1, 2022

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