Sunday, April 26, 2026

Michael Lipper Examines Fund Flows in 2016, Discusses What’s Ahead for 2017

By Mike Lipper Mutual Funds are Important to All Investors First, funds are an important part of many publicly traded markets around the world. On a global basis they hold more than $44 Trillion dollars today. Second, funds provide more relevant disclosure than probably any other financial sector. Third, much of the less well disclosed institutional investments are managed by

Sentinel Peak Resources, Freeport-McMoRan Close Onshore California Deal

Sale takes FCX production down to 7,000 barrels of oil and NGLs, 74 MMcf of natural gas per day Privately held Sentinel Peak Resources LLC, which is based in Denver, has closed its previously announced acquisition of the onshore California assets of the oil and gas subsidiary of Freeport-McMoRan Inc. (ticker: FCX) for $592 million in cash, before closing adjustments, the companies announced

Russian LNG Exports Up 10.8% in December, 1.1% from 2015

From TASS: Russia’s Sakhalin Energy (Skhalin-2 project) increased exports of LNG (liquefied natural gas) by 1.1% in 2016 compared with 2015 to 14.69 bln cubic meters, according to the figures provided by the Central Dispatching Department of the Fuel Energy Complex. In December, LNG exports surged 10.8% to 1.47 bln cubic meters. Sakhalin-2 operated by Sakhalin Energy is Russia’s only