Mid-Day Notes -- Global Oil -- February 27, 2024

Locator: 46922INV.

OXY: CNBC interview -- with Vicki Hollub, brilliant. OXY is not in any of my buckets, but I assume a year from now, OXY will be (in my energy bucket). Her break-even point is slightly less than $40. Says the dividend is "protected" down to WTI at $40.  Once they pay off debt to get to $15 billion debt, they will start buybacks which will allow OXY to increase the dividend on outstanding shares.  At not additional cost.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Reminder: I am inappropriately exuberant about the US economy and the US market. 

NASDAQ: near it's all-time high -- after two years!!

AAPL: are you kidding me? Wow. Not expected. Is the NASDAQ wagging AAPL or vice versa? That's an easy question to answer:

Duolingo: completely unexpected! Read the disclaimer.

Must-read: if you have time for only one link today, this is the link. The Biden administration gets it. "Investors" who ignore this for emotional / political reasons, do so at their own peril.

Devon earnings: after hours action --

Saudi: we'll see Saudi's January numbers on March 5, 2024. For now, this post:

eBay: beats. After-hours, up over 4%.

Agilent: after hours, up over 6%.