Archives for July 2019
Oil set for weekly gain on Iran, supply
Oil is set for a weekly increase as U.S. crude stockpiles tighten and lingering tensions surrounding Iran stoke concerns that energy flows from the Middle East may be disrupted. Source: FuelFix
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Sunnova Energy shares close below IPO price after first day on NYSE
The company’s stock closed at $11.25 per share on Thursday, below its initial public offering price after the first day of trading. Source: FuelFix
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Proxy advisory firm sides with Icahn for now in Oxy battle
Famed investor activist Carl Icahn got a boost in his feud with Occidental Petroleum when a major proxFamed investor activist Carl Icahn got a boost in his feud with Occidental Petroleum when a major proxy...
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Targa Resources moves forward with leadership succession plan
Houston pipeline operator Targa Resources is moving forward with a leadership succession plan that will go into effect in March 2020. Source: FuelFix
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Dow cuts capital budget by $500M amid global uncertainty
Dow Chemical will cut its capital expenditure budget by $500 million amid global uncertainty and a slow down in buying, the chemical maker said Thursday. Dow, which has operations in the Houston area, said it...
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