Uff-da! Equinor pretty much hit a home run!
- production drops 3% y/y --
- company must have been listening to faux environmentalists chanting "leave it in the ground."
- operating income surges from $5.2 billion to $18.4 billion
- net income surges from less than $2 billion to almost $5 billion
Moderna: easily beat profit and revenue forecasts. For investors, the past year seemed to be an open-book test.
Roe vs Wade: what went wrong? LA Times: the original decision was built on a shaky foundation. In fact, SCOTUS took a re-look some years later and "amended" it. That's how bad the original decision was. However, it just may be the biggest political money generator ever -- and it keeps on giving.
How disruptive was the shale revolution? Maybe some insight here, but we've been saying that for over ten years now.
East Coast diesel: out of control, link here.
Today, link here:
MPC: posts impressive jump in profits. History here.
WMB: greenlights Transco expansion to more more gas from Texas to Louisiana. Link here.
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