Another week, another deal! Grayson Mill finally decided to divest after floating out in mid-January that they were looking at an exit, and EnCap got everything they wanted! John Ferrell (CEO and Co-Founder of Well […]
France’s TotalEnergies said on Thursday that the company’s integrated LNG business logged a decline in its adjusted net operating income in the second quarter of this year due to lower prices. The company’s integrated LNG […]
OPINION: Profligate government spending has institutionalized multitrillion-dollar annual deficits, which have driven up interest rates and left Treasury markets teetering on the edge. Now Japan is on the verge of a $400 billion fire sale of U.S. […]
Inventory of completed houses jumps to highest since 2009. This pile-up of spec houses is exactly what the housing market needs. By Wolf Richter for WOLF STREET. Prices of new single-family houses at all stages of construction have […]
The reported plan seeks to give US guarantees that the West would be able to tap into the immobilized funds for as long as needed The EU is mulling a plan to freeze Russian assets […]
A game-changer is underway. Even the NAR concedes this “shift from a seller’s market to a buyer’s market.” By Wolf Richter for WOLF STREET. Mortgage rates have dropped to about 6.8%, down by a full percentage point from […]
Daily Standup Top Stories China’s banking turmoil: 40 banks vanish as crisis deepens July 22, 2024 Mariel Alumit The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the […]
DENVER, July 18, 2024 /PRNewswire/ — SM Energy Company (“SM Energy”) (NYSE: SM) announced today that it has priced an upsized offering of $750,000,000.00 aggregate principal amount of its 6.750% senior notes due 2029 (the “2029 Notes”), and $750,000,000.00 aggregate principal amount […]
NEW YORK, July 22 (Reuters) – Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden’s decision to end his […]
By Wolf Richter for WOLF STREET. For well over a year, there has been somewhat of a puzzle: How financial conditions, as tracked by broad measures such as the Chicago Fed’s National Financial Conditions Index, have been getting […]
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