Fourth-quarter earnings on Wednesday saw Hess Corporation (NYSE:HES) soundly beat Wall Street estimates, with another discovery offshore Guyana playing a significant role in the company’s newly revealed $3.7-billion spending plan for 2023. In its Q4 2022 financial and operational highlights, Hess reported net income of $624 million ($2.03 per common share), up from $265 million net income for the same period in 2021. On an adjusted basis, Q4 earnings came in at $1.78 per share. Hess also returned $405 million in cash to shareholders…
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Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Authored by Zachary Yost via The Mises Institute,
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons ...
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Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Authored by Zachary Yost via The Mises Institute,
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons ...
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