Key Points Research suggests Saudi Aramco\’s Q1 2025 earnings reflect lower oil prices and production cuts. Net income dropped to $26 billion, down from $27.3 billion in Q1 2024, due to market conditions. Dividends include a $21.1 billion base, up 4.2%, but performance-linked dividends fell sharply. The evidence leans toward ongoing challenges from global oil […]
Continue ReadingDaily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia’s increase in the Asia market and how […]
Continue ReadingDaily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, […] US Cut […]
Continue ReadingMarathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of $937 million, or $2.58 per diluted share, in Q1 2024. Below is a detailed analysis of the earnings report based […]
Continue ReadingDaily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] House Votes […]
Continue ReadingDaily Standup Top Stories Spain and Portugal Hit by Widespread Blackout April 28, 2025 Clark Savage ENB Pub Note: The grid interconnects between countries are not beneficial for a country’s grid security. If you cannot control it within your own borders, you can not control it outside of your borders, and […] US Urges Eastern Europe to […]
Continue ReadingENB Pub Note: This article by Charles Kennedy for Oilprice.com makes some excellent points. I still feel that energy, Utility, critical minerals, oil, and gas are still good investments. There are some great deals available, and I have conducted several insightful interviews with CEOs discussing the benefits of investing in energy commodities. Wind, solar, and […]
Continue ReadingWeekly Daily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s policies and comments […]
Continue ReadingDaily Standup Top Stories Big Oil Earnings Slump Puts Payouts to Investors Under Pressure January 29, 2025 Clark Savage Fourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with […] Planet Earth’s […]
Continue ReadingFourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with fourth-quarter profits plunging and the return of President Donald Trump adding to the uncertainty. The five global oil majors are set to […]
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