Sentences with phrase «in oil income»

According to a recent article in The Financial Times, OPEC nations booked $ 1 trillion in oil income for 2012, a record year.

Not exact matches

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

From oil prices to income inequality to employment rates to housing prices, these are the numbers to watch in the year to come

«Upward pressure on prices was weak in December, but we can expect price declines to narrow as the yen has weakened and this will eventually push up oil and gasoline prices,» said Shuji Tonouchi, senior fixed income strategist at Mitsubishi UFJ Morgan Stanley Securities.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

Collector Steven Tananbaum sued in New York state court on Thursday over the non-delivery of three Koons sculptures, claiming a «well - oiled machine» that exploits collectors» desire to own the artists» works by using incoming money to pay debts.

The company, which had made its name providing investors with a steady income from its oil and gas wells, cut its dividend in half as capital spending rose and energy prices fell.

Oil analysts at Tudor, Pickering, Holt & Co, who encourage Exxon shareholders to sell, said in a note to clients on Monday that Tillerson's experience could be a benefit to the incoming Trump administration.

A bet on the price of oil is not exactly conservative investing, but MLPs are cheaper than they've been in years, and the income they can offer investors is substantial.

A variety of factors, like regulations, exchange and price controls, and insecurity would inhibit the broader Venezuelan economy's ability to respond in the event oil income dried up, Rodriguez added.

When oil prices fall, so do stocks in the sector, even if their income is not directly affected.

Cenovus reported fourth - quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.

The companies in the FTSE 350 with all - male boards were named as Allied Minds, Centamin, Deajan Holdings, HellermannTyton Group, Nostrum Oil and Gas, Perpetual Income and Growth Investment Trust, Telecom Plus, Wizz Air Holdings, Al Noor Hospitals Group, Clarkson, Genus, Lookers, P2P Global Investments, Scottish Investment Trust, and Tritax Big Box Reit.

High oil prices boosted Canada's income growth and increased investment in the energy sector through 2014, offsetting some of the bad news.

In theory, such choices are designed to attract other industries to the province in much the same way that Texas, which has no state income tax, tries to use its oil revenues to convince companies in footloose industries, like electronics, to set up shop in the statIn theory, such choices are designed to attract other industries to the province in much the same way that Texas, which has no state income tax, tries to use its oil revenues to convince companies in footloose industries, like electronics, to set up shop in the statin much the same way that Texas, which has no state income tax, tries to use its oil revenues to convince companies in footloose industries, like electronics, to set up shop in the statin footloose industries, like electronics, to set up shop in the statin the state.

Whatever the optimists say, there is nothing right now that even hints at a possible improvement in oil prices — which Shell relies on as their income comes mainly from E&P.

Fares remain under pressure and oil prices lofty but the airline is carrying more cargo and, separately, collecting more income through its stake in Air China.

The bigger change in our projection comes from the impact of even lower oil prices on Canadian income.

From 2002 to 2012, oil prices went from about US$ 25 per barrel to more than US$ 100 per barrel, leading to a jump in our national income.

But only Norway — with with its huge oil and gas revenues — was able to convert this into higher income per capita than in the United States.

Earlier this year, I was in southeast Texas, taking pictures of an oil refinery for a report about air pollution and the harm it causes to lower - income communities like Port Arthur, Texas.

Following a slide of more than 70 % slide in oil prices from mid-2014, Gulf economies are reeling from the impact of declining fiscal incomes.

Looking at the figures above I can not complain as my dividend train keeps chugging along churning out that passive income despite currency headwinds, economic headwinds, terror across the world, saber rattling from North Korea, Russian troops in Ukraine, The Nigerian delta under attack curbing the flow of oil, floods, earthquakes etc. etc..

This is largely due to expenses dropping, but also because side hustles are taking hold, and passive income is stabilizing after the dividend rout in oil stocks.

Hayden Briscoe, Head of Fixed Income, Asia Pacific, at UBS Asset Management, said in a report just before the Chinese futures launched that «We believe that in the long term this will change how oil is traded globally, create a petro - yuan currency flow, increase the role of the RMB [renminbi — Ed.]

Tucking away high dividend - paying oil stocks in a tax shelter like a Roth IRA is one of the most underrated ways that an investor can accelerate the journey of turning an income stream into an income gusher.

This $ 5 difference does not imply that «the market» expects the price of oil to be $ 5 / barrel higher in December - 2016 than it is today; it implies that the cost of storing oil for the next 18 months plus the interest income that would be foregone (or the interest that would have to be paid) equates to about $ 5 / barrel.

Calling Wal - Mart «our best $ 35 oil idea» in a mid-December note, Nomura analyst Robert Drbul wrote that low oil and gas prices help Wal - Mart «for two key reasons: 1) we believe lower income demographic consumers stand to benefit most from lower gas prices, and 2) we believe its private transportation fleet (> 6,650 trucks; one of the largest in the world) will realize cost benefits due to low fuel prices.»

All markets will continue to focus on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to this afternoon's Commitment of Traders Report, followed by reports Monday on Chinese PMI, German CPI and Retail Sales, US Personal Income, Personal Spending, PCE, Chicago PMI, Pending Home Sales, and the Dallas Fed's Manufacturing Index for near term direction.

We make a combined income of $ 375K per year (I work in the oil industry for a major).

Rather, I reached this conclusion: unless we are headed for a substantial decline in the price per barrel of oil, those 4 - 6 % dividends from Conoco, BP, and Shell are a great way to generate substantial income over the course of coming business cycles based on current prices.

The lower - for - longer outlook for oil prices took its heaviest toll yet in the third quarter as oil companies again reported a dramatic drop in income.

These partnerships typically own interests in oil and gas transportation, and historically have paid relatively high amounts of income compared to most stocks.

Takeaway: recent oil crash creates a long - term income opportunity for brave investors While it can be hard to buy equities in whatever industry is Wall Street's latest whipping boy, this is precisely the time, when pessimism and uncertainty are near their peak, that the best long - term investments are made.

Oil prices extended losses on Monday, falling to near $ 78 a barrel, as Europe's debt crisis roiled markets and falling personal incomes in the U.S. suggested slack demand for fuel.

Despite the downturn in oil prices, median incomes in Odessa rose 14 % from 2011 to 2015, according to Census Bureau data.

The businesses drilling for oil and gas and mining coal enjoy effectively lower income tax rates than other American businesses because of an array of favorable provisions in the US tax code.

The second shock was the sudden drop in resource prices, particularly for oil, which represented a significant loss of income for the nation as a whole — something in the range of $ 50 billion to $ 60 billion per year.

By investing in a business such as oil drilling, they earn income that is protected from taxation by lucrative allowances.

Improvement in the labor market, positive sales growth, rise in disposable income, expansion of retail chains, declining / stable oil prices, and escalating healthcare costs are expected to drive growth for the packaging industry over the next six months.

The argan trees provide an extra source of income, especially for women, who have established cooperatives in Morocco to process and sell the oil.

If Scotland were to choose to go down the independence route, not only would there be more than enough oil income to make every single Scot better off by considerably more than # 500 a year, but also for its new government to close down the submarine bases in the Clyde without having to submit to any form of blackmail on currency issues, to increase the gap in health and education funding relative to the rest of the UK, to keep the ship yards open, and a great deal more besides.

Annual gross oil and gas production income: national accounts in Statistical Yearbook (http://www.dst.dk/).

(13 January 2014), which drew a comparison between Norway and the UK in terms of what approximately four decades» worth of fiscal income from oil and gas production has meant for each country.

With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs.

The Nigerian style of personality is deeply drawn to high value for education yet it is oiled with enduring mindset for corruption and crushing income inequality.The Nigerian style of personality appears formed within, between and around religious violence, dire health concerns, devastating poverty, ailing institutions, and death - designed roads; yet this style of personality appears happy both in mood and spirit.

Credit ratings agencies Fitch has said that the grandiose promises of the incoming New Patriotic Party administration could be derailed should growth projections fail and oil production in upcoming oil fields disappoint.

The sector is also in a critical state where only innovative ideas can stop the alarming impact of the fall of oil prices on national income.

The report said, «It is recommended that five percent of the party's income be invested in reputable fund managers and blue - chip companies such as pension funds, treasury bills, bonds, telecommunications companies, oil companies etc..

If the anticipated growth in jobs and income in the oil and gas industry does not occur, then the desired indirect and induced economic impacts will not occur, and local and state tax revenues will not grow as hoped.