Sign of a SemGroup Comeback
Yesterday, an arm of the international oil giant Vitol Group announced that it would buy the general partner of Tulsa-based SemGroup Energy Partners (OTC: SGLP), which found itself on the brink of...
View ArticleDevon Heaven
I was reminded this past Wednesday of the potential rewards of owning shares of Devon Energy (NYSE: DVN), an energy giant with its global headquarters in Oklahoma City (a headquarters that will be even...
View ArticleDevon is in the National Spotlight…Again!
During the lunch hour on Friday, Jim Cramer from Mad Money fame on CNBC insisted (in effect) that every investor should run (not walk) to your computer and buy shares of Oklahoma City-based Devon...
View ArticleDon’t Count Out Williams
On December 14, 2009, global energy giant Exxon Mobil (NYSE: XOM) announced its intent to purchase Fort Worth, Texas-based XTO Energy (NYSE: XTO) for $41 billion. The pending acquisition, which would...
View ArticleWhoa….May 2010 put the “D” in the Dow!
Yesterday, the Dow Jones Industrial Average fell another 1.2% (as the last official trading day for May 2010 was Friday) and, in turn, The Wall Street Journal reported the following: “The Dow fell...
View ArticleFinally…A Good Old Fashioned Bidding War!
This past April, rental car giant #2, Hertz (NYSE: HTZ) offered to buyout Tulsa-based Dollar Thrifty Automotive Group (NYSE: DTG) for $41 per share (as of today with an approximate 35% decline in...
View ArticlePossible Lessons Learned from Hertz?
As we all wait for the “smoke to clear” and in anticipation the next chapter of the possible Dollar Thrifty (NYSE: DTG) takeover process to unfold sometime in the coming weeks and months, let’s take a...
View ArticleHalloween Economics
All day today (Sunday, October 31, 2010), we ran around town trying to convert what was going to be a Darth Vader costume Halloween to an Indiana Jones one as both of my boys (ages 5 and 7) decided at...
View ArticleThe Elections Are Over…Time for IRA Tax Planning
Election night has concluded and there has been a lot of change; of course, none of it will take effect until early 2011 so now your attention can turn to end of the year (2010) tax planning. One area...
View ArticleThe Dirty, Little-Known GM IPO Secret
Amongst all of the hoopla surrounding the General Motors (NYSE: GM) initial public offering (IPO) yesterday when its new shares were priced at $33.00 per share and today when the shares began trading...
View ArticleThe Economics of Snow
Snow. Need I say more? I would venture to say that most all of us have been hugely impacted by snow the last two weeks as the state of Oklahoma (and more than half of the country) was blasted by a...
View ArticleRelief and Reality
It was a week ago tonight that we all heard (or read) the words that seemed virtually impossible as each day consistently came and went following the terrorist attacks on the U.S. on 9/11: “Osama bin...
View ArticleThe Reason Hertz Is Back In Pursuit of Dollar Thrifty
Earlier this week, Hertz (NYSE: HTZ) came out of nowhere to make a surprising counter-offer for Tulsa-based Dollar Thrifty (NYSE: DTG) just weeks after its CEO scoffed at a suggestion that they might...
View ArticleChina Declares War on the USA?!
Yesterday, according to The Wall Street Journal, “the Pentagon sent a warning to nations considering engaging the U.S. in cyber-warfare and concluded that attacks coming from another country can...
View ArticleThe Economics of Father’s Day
Today was Father’s Day. It was a good day! I took my boys fishing and swimming at Tenkiller Lake and we had an outstanding day!! For my special day, I received two hilarious cards and a new ice chest;...
View ArticleAre Syntroleum Shareholders Riding High on Chicken Fat?
Two questions: are Syntroleum (Nasdaq: SYNM) shareholders riding high on chicken fat? After yesterday, the answer is unequivocably, NO! Were Syntroleum shareholders previously riding high on chicken...
View Article[The Markets Blog] To Blog or Not to Blog…
I just checked my last blog post….it is dated July 25, 2011. Yikes! How time flies!?! Unfortunately, the U.S. and global financial markets have been putting on quite a show of extreme volatility and...
View Article[The Markets] At Last, U.S. Stocks Have Disconnected from Europe!!
When I arrived to the office this morning about an hour before the U.S. stock market opened, I was fearful that we might be in for a “deja vu” kind of day involving Europe’s bad news raining on the...
View ArticleDevon is in the National Spotlight…Again!
During the lunch hour on Friday, Jim Cramer from Mad Money fame on CNBC insisted (in effect) that every investor should run (not walk) to your computer and buy shares of Oklahoma City-based Devon...
View ArticleDon’t Count Out Williams
On December 14, 2009, global energy giant Exxon Mobil (NYSE: XOM) announced its intent to purchase Fort Worth, Texas-based XTO Energy (NYSE: XTO) for $41 billion. The pending acquisition, which would...
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