Why I'm Laser-Focused On Dividends -- July 27, 2022

Link here.

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The Book Page

My new book will arrive tomorrow from Amazon, ordered it today. "Free" with "points" on the Amazon credit card.

Until that book arrives, my book for the day:

• Lectures on Shakespeare, W.H. Auden, edited by Arthur Kirsch, c. 2000.

I've read the book two or three times, so it's always fun to go back and read various selections. Today, I read the lecture on Richard III.

Enbridge -- SeekingAlpha -- July 27, 2022

Link here.

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Clever

Link here.

The "Screen-Shot" Page -- July 27, 2022

For the archives:

No clue: 

Hess:

GM, link here:

TTE, link here.

SPR release, link here:

The Apple page: Lamborghini - Apple hook-up.

Facebook, link here.

Stock picking, link here.

No New Permits; One DUC Reported As Completed -- July 27, 2022

WTI; up 3% after the president announced another 20 million bbls of oil would be released from the US SPR; trading at $98.13

Natural gas: $8.687.

Active rigs: 46 or thereabouts.

No new permits.

One producing well (a DUC) reported as completed:

• 38556, 70, Crescent Point Energy, CPEUSC Pankake 3-6-7-157N-99W-MBH, Dublin, no production data reported.
  

Goldilocks -- Investing -- July 27, 2022

Before we get started, that "chips" bill: way more than advertised.

• TSM: up 3.4% today; up $2.84; trading at $87.26.
• not even going to look at NVDA
  

A few days / weeks ago, we agree on two things:

• the sh*t would hit the fan in July; and,
• investors would experience a "goldlilock's" moment.

The sh*t hit the fan in Europe; and

• investors completely ignored Fed action today:

Ten best energy stocks for inflation, link here;
NASDAQ up almost 300 points even after Fed raises rates 75 basis points;

10. SO
9. PSX
8. HAL
7. EOG
6. CVX: best of breed, Michael Fitzsimmons.
5. Enphase (ENPH)
4. SLB
3. DVN
2. OXY
1. COP

From the CVX-Fitzsimmons link:

• Chevron is set to grow production to 3.5+ million boe/d by 2026, an increase of ~400,000 boe/d as compared to the 3.1 million boe/d expected this year.
• Most of that growth will come from Chevron's legacy no- or low-royalty tier-1 position in the Permian Basin and from Tengiz expansion projects in Kazakhstan.
• Longer term, Chevron has excellent offshore nat-gas growth potential in the Mediterranean Sea due to its acquisition of Noble Energy and the EU's need for new natural gas supply.
• Chevron is due to release Q2 results this Friday (July 29) before the market open. Over the past 90 days, EPS estimates have risen by over $1 to $5.10/share even as the stock dropped ~10%.
• Chevron's capital discipline, improved cost efficiencies, and strong asset base have positioned the company as best-of-breed among the international integrated companies. CVX is a BUY.

Refiners:

• if you can't see the fallacy in this, you have not analytical capability; sorry, not sorry
• comments are heavily moderated, so don't even try. LOL.
  
• link here.

No clue: