Post Tagged with: "Election"

Source: CNBC

Market bull Tom Lee lists three popular election scenarios, predicts rally in each one

CNBC


Fundstrat Global Advisors’ Tom Lee is calling for stocks to rally into year-end. It’s not dependent on any single election outcome. Rather, it takes into account three widely-talked about scenarios.

Lee’s base case: Joe Biden wins with a blue …

November 3, 2020 - 2:00 pm Closing Bell Story‎, Finance, Popular 1
Source: Reuters

Oil prices extend rally on U.S. election day

Reuters


LONDON – Oil prices extended their rally on U.S. election day with a 3% gain as financial markets staged a broad recovery, though gains were capped by concerns over surging coronavirus cases around the world.

Brent crude futures rose …

Source: CNBC

Wall Street traders are having a tough time positioning for the election

CNBC


How is Wall Street positioned for the election? Even Wall Street isn’t sure.

For most of October, “buy the stimulus trade” was the main idea on Wall Street. After all, polls showed odds were good for a Biden victory …

November 2, 2020 - 3:30 pm Closing Bell Story‎, Finance
Source: CNBC

Historical trend suggests election jitters will fade and Wall Street will see a year-end rally – regardless of who wins presidency

CNBC


CFRA’s Sam Stovall acknowledges the market may feel like a rollercoaster over the next few weeks.

But he believes any damage should be contained to November regardless of who wins the presidency.

“Investors say ‘okay, usually by then we
October 30, 2020 - 3:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Fox Business

Wall Street backtracks on ‘gridlock is good’ stance with post-election stimulus at risk

Fox Business


Investors are having second thoughts about which election outcome may be best for the financial markets, according to JPMorgan.

Wall Street, which typically likes gridlock in Congress since it thwarts major regulatory changes, now fears a Democratic …

October 20, 2020 - 2:00 pm Closing Bell Story‎, Finance
Source: Reuters

In the run-up to U.S. election, drilling lobby promotes natural gas as ‘clean’

Reuters


WASHINGTON/LONDON – America’s biggest oil and gas lobby group is ramping up its advertising spending ahead of the November election to persuade voters that natural gas is a climate-friendly fuel, according to ad buying data.

The campaign by the …

August 18, 2020 - 9:00 am Closing Bell Story‎, Energy News, Natural Gas News
Source: CNBC

Goldman warns delayed election results this November similar to Bush-Gore could rock the market

CNBC


Goldman Sachs is warning that the presidential election could see delayed results, and is therefore recommending that clients hedge their market bets through December in anticipation of heightened volatility through November.

Goldman Sachs chief U.S. equity strategist David Kostin …

July 8, 2020 - 1:30 pm Capital Markets, Closing Bell Story‎, Finance
Source: Houston Chronicle

Guyana elects leader as vast oil boom dawns

Houston Chronicle


GEORGETOWN, Guyana (AP) — Guyana voted for a new government on Monday in a bruising fight for control of a tiny South American country whose oil revenues in the next decade could make it one of the wealthiest …

March 3, 2020 - 3:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Paal Kibsgaard (source: Schlumberger Limited)

Former Schlumberger CEO Recommended for Chairman Role at Borr Drilling

By Tyler Losier, Energy Reporter, Oil & Gas 360

Borr Drilling board of directors recommends appointment of Paal Kibsgaard as chairman
The board of directors for Borr Drilling Limited (stock ticker: BORR), an international drilling contractor based out of Bermuda,

ISS Backs Icahn’s Call for More Shareholder Say After Anadarko Deal

ISS Backs Icahn’s Call for More Shareholder Say After Anadarko Deal

From Reuters


Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum Corp shareholders to ask management to let them weigh in on board and governance issues as the company buys rival Anadarko Petroleum Corp..

The request comes one …

Source: PDC Energy

All Three PDC Energy Incumbents Win Board Seats

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Kimmeridge’s candidates defeated, ending months-long battle
PDC Energy, Inc., following its 2019 annual meeting of stockholders, announced today that CEO Barton Brookman, and directors Mark Ellis and Larry Mazza, all

Poll Results for Colorado Prop 112-Setback, and 74-Fair Compensation

Poll Results for Colorado Prop 112-Setback, and 74-Fair Compensation

The Denver Post has reported new poll results for Colorado.

The poll was an online survey of 800 registered voters conducted between Oct. 12 and 17, that included questions asking voters’ view of Proposition 112 and Proposition 74. The poll …

Clinton’s ‘We’re Going to Put Coal Companies and Miners out of Work’ Comment Not Winning Over Voters in West Virginia

Clinton’s ‘We’re Going to Put Coal Companies and Miners out of Work’ Comment Not Winning Over Voters in West Virginia

When politicians get called out by a flesh-and-blood voter for something damaging they said, something that was broadcast on CNN and archived on Youtube, their sudden backtracking, denials and squirming are revealing.

Clinton told a CNN panel in March: “We’re …

Fracing: Coming to Your Ballot Tomorrow

Fracing: Coming to Your Ballot Tomorrow

Even-numbered years in October are usually dominated by three things: Football, Halloween and the endless barrage of political advertisements.

Hydraulic fracturing is making an appearance on ballot sheets in a handful of states this fall. And, based on the rising …

October 28, 2014 - 6:30 pm Oil and Gas 360 Articles, Politics & Opinions
Petrobras at a Crossroads: Production Rising, but Will Brazil’s Election Slam on the Brakes?

Petrobras at a Crossroads: Production Rising, but Will Brazil’s Election Slam on the Brakes?

Petrobras (ticker: PBR) announced production for the month of September 2014 increased 0.8% compared to August 2014. Rates totaled 2,781 MBOEPD, up from the previous month’s volume of 2,759 MBOEPD. The increase comes despite a temporary interruption of 44 MBOPD …

October 15, 2014 - 7:00 pm International, Oil and Gas 360 Articles
Colorado’s Oil & Gas Task Force Positive for Industry, Marwood Group Says

Colorado’s Oil & Gas Task Force Positive for Industry, Marwood Group Says

On September 9, 2014, Governor John Hickenlooper appointed 19 members to join a panel led by one oil and gas company president and one environmental activist.  The idea is to help guide decisions dedicated to regulating oil and gas development …

September 19, 2014 - 6:10 pm Oil and Gas 360 Articles