EOG gets it, XOM does not:
- XOM raises its dividend from 87 cents to 88 cents;
- EOG: raises quarterly dividend from 41.25 cents to 75 cents; and declares a special dividend of $2.00 / share;
Jim Cramer:
"a halcyon season for stocks" -- who would have thought last year -- March, 2020, when folks thought Joe Biden might actually win the presidency; no one thought he could win, but folks were nervous, scared;
- one year ago at this time, we were told:
- higher income taxes
- capital gains tax hike
- higher dividend taxes; taxes were to go way up on dividends
- pricing pressure on drug companies
- increased banking regulation
- no more mergers
- heath insurers crushed
- crackdown on billionaires
- higher rates
- stock ownership diminished
- all leading to a bear market
- what really happened
- all turned out to be completely bogus
- no new taxes
- not much new spending
WTI: fall 2.54%; falls $2.05; closed at $78.81. Buying opportunity.
EOG: reported November 4, 2021 --
- excellent 3Q21 results;
- raises regular dividend 82%;
- declares $2.00 special dividend
- shares: jump 3.69% after hours; up $3.35/share; trading at $94.25
Peloton: in the tank. Fell 25% today. Down 28% after hours.
McDonald's: surging. Up 1.22% today; up $3.06; closed at @53.46, all-time high; intra-day high, all-time high, $254.16.
********************************
Back to the Bakken
Note: I haven't checked out the active list today, scanning through it quickly, it looks like NDIC might have cleaned it up.
Active rigs:
$78.81 | 11/4/2021 | 11/04/2020 | 11/04/2019 | 11/04/2018 | 11/04/2017 |
---|---|---|---|---|---|
Active Rigs | 32 | 13 | 56 | 66 | 55 |
Four new permits, #38639 - #38642, inclusive:
- Operator: Hess
- Field: Dollar Joe (Williams)
- Comments:
- Hess has permits for four GO-Knudson wells to be sited in SESW 20-156-97; to be sited 567 FSL and between 2316 FWL and 2217 FWL;
Two permits canceled:
- Whiting: two LBJ permits in Mountrail County;
One producing well (a DUC):
- 37231, 1,523, WPX, Patricia Kelly 2-1HX,
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