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Exxon and Conoco claims against Venezuela are not an immediate priority, Energy Secretary says
CNBC· 2026-01-07 20:26
The debts that Venezuela owes ConocoPhillips and ExxonMobil are not an immediate priority for the Trump administration after the overthrow of President Nicolas Maduro, Energy Secretary Chris Wright told CNBC on Wednesday. "The huge debts that are owed Conoco and Exxon, those are very real and need to be recompensed in the future," Wright said. "But that's a longer term issue. That's not a short-term issue."Conoco and Exxon filed arbitration cases against Venezuela after former President Hugo Chavez national ...
2 Dividend ETFs to Buy With $500 and Hold Forever
Yahoo Finance· 2026-01-07 12:50
Core Insights - Dividend stocks are essential for a diversified portfolio, providing stability and passive income during market downturns [1][2] - They are particularly valuable for investors needing passive income, such as retirees, as they prioritize safety over market outperformance [2] Investment Vehicles - Investing in dividend stocks through ETFs offers broad exposure and protection for portfolios [3] - Recommended ETFs include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Dividend Appreciation ETF (VIG) for those with $500 to invest [3] Schwab U.S. Dividend Equity ETF - The Schwab ETF tracks the Dow Jones U.S. Dividend 100 Index, holding approximately 102 stocks across various sectors [5] - Major holdings include Bristol-Myers Squibb, Merck, ConocoPhillips, Lockheed Martin, and Chevron, each representing about 4% of the portfolio [6] - The ETF has a current dividend yield of 3.7% and a low expense ratio of 0.06% [7] Performance Metrics - Over the past five years, the Schwab ETF has increased by 55%, while the S&P 500 has nearly doubled [8] - The ETF is priced at $28 per share, making it accessible for investors with limited capital [8]
Trump floats reimbursing US oil companies to rebuild Venezuela's energy industry
New York Post· 2026-01-06 20:13
President Trump suggested that the US government could reimburse American oil companies if they invest billions in resuscitating Venezuela’s energy industry.Trump told NBC News that he thinks American firms could get Venezuela’s oil fields “up and running” within 18 months.“I think we can do it in less time than that, but it’ll be a lot of money,” the president told NBC News on Monday. 4 President Trump suggested that the US government could reimburse American oil companies if they invest billions in resu ...
ConocoPhillips: A Real Shot To Tap The Biggest Reserves Of Crude
Seeking Alpha· 2026-01-06 12:45
Group 1 - The article discusses the potential for investment in the energy sector in Venezuela, particularly focusing on the company Energy Transfer, which has shown strong fundamentals and cash flows despite being undervalued [1] - The author emphasizes a long-term value investing approach while also exploring deal arbitrage opportunities in various sectors, including Oil & Gas and consumer goods [1] - There is a clear preference for investing in companies that are currently disliked or undervalued for unjustified reasons, indicating a strategy aimed at identifying substantial returns [1] Group 2 - The author expresses a lack of understanding and interest in high-tech businesses and cryptocurrencies, suggesting a focus on more traditional sectors like energy and consumer goods [1] - The article aims to connect with like-minded investors through Seeking Alpha, fostering a community focused on informed decision-making and superior returns [1]
委内瑞拉局势:对石油、能源股、主权信贷及政治的初步看法-Venezuela Developments Our First Thoughts on Oil, Energy Stocks, Sovereign Credit and Politics
2026-01-06 02:23
Morgan Stanley Research Global January 5, 2026 12:50 PM GMT January 5, 2026 Vishwanath Tirupattur – Chief Fixed Income Strategist | Strategist Devin McDermott – Head of North American Energy Research | Equity Analyst and Commodities Strategist Simon Waever – Global Head of EM Sovereign Credit and LatAm Fixed Income Strategy | Strategist Ariana Salvatore – Public Policy Strategist | Strategist MORGAN STANLEY & CO. LLC Martijn Rats – Global Commodities Strategist and Head of European Energy Research | Equity ...
US may subsidize oil companies to rebuild Venezuela's energy infrastructure, Trump says
Reuters· 2026-01-05 23:06
Core Viewpoint - The United States is considering subsidizing oil companies to assist in the reconstruction of Venezuela's energy infrastructure [1] Group 1 - President Donald Trump mentioned the potential for U.S. subsidies during an interview with NBC News [1]
FTSE hits record high after Trump moves on Venezuela
Yahoo Finance· 2026-01-05 19:16
Group 1 - US oil companies' shares surged following President Trump's promise to tap into Venezuela's oil reserves after the ousting of Nicolas Maduro, with Chevron rising by 5.8% and ExxonMobil increasing by 2.5% [1][6][29] - Oil prices have seen an uptick, with Brent crude rising by 1.5% to $61.70, reflecting market optimism about increased production from Venezuela [1][37] - The Dow Jones Industrial Average reached a new high of 49,134.78, driven by gains in energy stocks, particularly Chevron [6][11] Group 2 - The FTSE 100 index closed above 10,000 points for the first time, buoyed by the removal of Maduro and the subsequent rise in energy and mining stocks [3][15][68] - Copper prices hit a record high of $13,000 per tonne due to tightening global supplies amid concerns over Trump's tariffs [2][35] - Analysts predict that Venezuela's oil production could triple within a decade following Maduro's removal, potentially increasing output from 800,000 barrels per day to 2.5 million barrels per day [21][23] Group 3 - Venezuelan bonds are expected to react positively to the political changes, with Morgan Stanley forecasting price increases of up to 5 points as markets anticipate a higher likelihood of debt restructuring [19][20] - The removal of Maduro is seen as a significant step towards stabilizing Venezuela's economy, which has suffered a 70% contraction in GDP since 2013, largely due to the decline in oil production [33][34] - The US's control over Venezuela's oil market could reshape global energy flows, particularly affecting China's access to Venezuelan oil, which has been a significant source for them [55][59][61]
Trump administration has not consulted US oil majors about Venezuela, oil execs say
Reuters· 2026-01-05 17:12
The Trump administration did not consult with oil companies Exxon Mobil , ConocoPhillips , or Chevron Corp about Venezuela before or after U.S. forces captured the South American country's president N... ...
US pushes oil majors to invest big in Venezuela if they want to recover debts
Reuters· 2026-01-04 22:30
Core Viewpoint - U.S. oil executives are being urged by White House and State Department officials to return to Venezuela and invest significantly to revive the oil industry in the country [1] Group 1 - The U.S. government is signaling a need for increased investment in Venezuela's oil sector to enhance production and stabilize the economy [1] - Officials emphasize the urgency of returning to Venezuela for oil executives, indicating a strategic shift in U.S. energy policy [1]
Oakley Capital to acquire GLAS in $1.35 billion deal, Sky News reports
Reuters· 2026-01-04 22:08
Oakley Capital has agreed to buy a majority stake in debt administration services firm Global Loan Agency Service (GLAS) in a 1 billion pound ($1.35 billion)deal, Sky News reported on Sunday. ...