Post Tagged with: "RBC Capital Markets"

Source: CNBC

When the stock market is this overvalued, it is usually lower 12 months later


The stock market could be in trouble after its historic surge from the late-March lows as valuations become increasingly elevated, data compiled by RBC Capital Markets showed.

The S&P 500′s trailing price-earnings ratio, a widely used valuation metric, …

June 23, 2020 - 2:30 pm Capital Markets, Closing Bell Story‎, Finance
Source: CNBC

Saudi Arabia’s latest oil production cuts show it is back in ‘whatever it takes’ mode, strategist says


Voluntary production cuts by OPEC members show that oil producing countries are doing what they can to stabilize the market during the ongoing coronavirus outbreak, one strategist told CNBC this week.

Saudi Arabia on Monday said it will reduce

Source: Magellan Midstream

Magellan Midstream Prices $500 Million Debt Offering Due 2050

By Tyler Losier, Energy Reporter, Oil & Gas 360

Magellan Midstream prices $500 million of its 3.950% senior notes due 2050
Magellan Midstream Partners LP (stock ticker: MMP), based out of Tulsa, Oklahoma, has priced $500 million of its 3.950%

Source: TC Energy

TC Energy Secures $1.15 Billion from Sale of 56 Mile Pipeline

By Tyler Losier, Energy Reporter, Oil & Gas 360

85% interest expected to gross $1.15 billion
TC Energy Corporation (stock ticker: TRP) has entered into an agreement to sell an 85% equity interest in the Northern Courier Pipeline to