AAPL -- May 19, 2023

Locator: 44688AAPL. 

Just broke through it's 52-week high?

• 52-week high: $176.15.
• last trade, pre-market: $176.20; up and down, fluctuating a bit
• and this was just after paying its quarterly dividend yesterday
  

Needs to be fact-checked.

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.

One can lead horses to water but you can't make them drink.

Link here.

Market: I can't be sure about this but I believe AAPL is flirting with its all-time high.

Disney For The Archives -- May 19, 2023

Locator: 44687ARCH. 

Disney: this story is everywhere, so realy no need to post it. But I post it for the archives. How does a governor screw things up so badly so quickly? DeSantis and I parted company months ago. For me, he represents everything that's wrong with the GOP.

This was going to be a $1 billion entirely new employee complex. Think of all the other businesses that would have benefited from this. Plus, the 2,000 Disney employees working in California scheduled to moved to Florida will not be going to Florida.

My hunch: Bob Iger had doubts from the beginning whether this was a good time to spend $1 billion on an employee complex -- this gave him the perfect excuse to at least postpone it. He can always come back to it.

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Here We Go Again -- What Were They Thinking?

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Some Like It Hot

When will viewers demand Some Like It Hot be removed from TCM?

Weber -- May 19, 2023

Locator: 44687G. 

 So many story lines on so many levels. Maybe I will get back to this later, but I doubt it.

ONEOK - Magellan -- RBN Energy -- May 19, 2023

Locator: 44686B.

Active rigs: 34.

Peter Zeihan newsletter.

WTI: $73.11. (Deere-related?)

Natural gas: $2.569.

Monday, May 22, 2023: 35 for the month; 87 for the quarter, 342 for the year
38854, conf, Whiting, Littlefield 11-21HU,
37851, conf, Slawson, Loon Federal 6-24-25TFH,

Sunday, May 21, 2023: 33 for the month; 85 for the quarter, 340 for the year
38970, conf, Hess, GO-Aslakson-156-97-2734H-3,
37852, conf, Slawson, Loon Federal 7-24-25TFH,

Saturday, May 20, 2023: 31 for the month; 83 for the quarter, 338 for the year
39287, conf, CLR, Smouse 9-28H,

Friday, May 19, 2023: 30 for the month; 82 for the quarter, 337 for the year
37853, conf, Slawson, Genekat Federal 7-13-12TFH,

RBN Energy: Does ONEOK's Magellan deal give it enough scale and Permian presence? Archived.

The feeling is almost palpable among midstreamers: In a fast-changing energy industry, the companies that gather, transport, store and export hydrocarbons need to consolidate and augment — and be smart about how they get bigger. Scale, that’s the key. That — plus complementary assets that provide synergies, lower costs and increase free cash flow, a sizable portion of which can be returned to shareholders as dividends and buybacks — is what investors are looking for. Oh, and don’t forget this important M&A goal: gaining a larger footprint and a more prominent role in the Permian, the dominant U.S. production area. ONEOK, a midstream company heretofore primarily focused on moving NGLs and natural gas, earlier this week announced an $18.8 billion agreement to acquire Magellan Midstream Partners, which is best known for pipelines that transport refined products and crude oil. In today’s RBN blog, we and our friends at East Daley Analytics kick the tires, look under the hood, and give our thoughts on the deal’s pros and potential cons.

Deere -- May 19, 2023

Locator: 44685INV.