TXO Partners L.P. has an annual dividend of $2.60 per share, with a forward yield of 12.90%. The dividend is paid every three months and the last ex-dividend date was May 17, 2024.
Sat- Cloudy. Common man' Pool heater blown again. Common man' We are getting the Mexican food truck guy that drinks not the other brother who is responsible Common man'
Did you notice what took a hit after the debate? Solar and alt energy. I told the HF this but they thought it " to soon " I was right. A trump win is very bad for renewables. Did you see what the dope said about electric planes! " what happens if the sun isn't out? " OMG what a child. Ahhhhhhhhh the planes are not solar dummy!!!!
Seems to me a director who own a ton bought alot more on the offering @$20 assuming " P " is for purchase. 6/28/2024 P 878,000 A $20
Keith Hutton now owns 4 mil shares!!!!!!!! Rich man./ https://seekingalpha.com/filing/881...url:symbol|button:Title|lock_status:No|line:1
“All they know is electric. They want electric army tanks, they want electric planes. What happens if the sun isn't shining while you're up in the air?” asked Trump, who has oddly warned about possible electrocution and the threat of sharks due to electric boats weighed down by batteries.
These electric boats they sink because of the heavy battery.,.... really? Norway had electric ferry's huge and car transport ships in the works... My friends at Forza beg to differ:
This is one of the more juicy tales of late. Cassava Sciences shares fall after onetime advisor indicted on fraud charges Jun 28, 2024 8:41pm DOJ says researcher Hoau-Yan Wang is charged with defrauding the National Institutes of Health of roughly $16 million in federal grant funds Shares of biotech company Cassava Sciences Inc. plummeted on Friday after a federal grand jury indicted a onetime science advisor to Cassava and charged him with falsifying data to obtain millions of dollars in government funds - the latest drama for a company that has faced questions over its efforts to develop an experimental Alzheimer's disease drug. The Justice Department on Friday said that the researcher, Hoau-Yan Wang, had been charged with defrauding the National Institutes of Health out of roughly $16 million in federal grant funds. Wang, a neuroscientist and a faculty member at the City College of New York, did not immediately respond to a request for comment. The Justice Department said a grand jury in Maryland returned the indictment on Thursday. Cassava (SAVA), in a statement commenting on the charges, said: "Wang's work under these grants was related to the early development phases of the company's drug candidate and diagnostic test and how these were intended to work. "Dr. Wang and his former public university medical school have had no involvement in the Company's Phase 3 clinical trials of simufilam," the statement continued. Simufilam is the Austin, Texas-based company's drug candidate for Alzheimer's treatment. Cassava's stock finished 34.8% lower on Friday, though shares were rebounding 7.3% after hours. In October, the publication Science reported that an investigation by the City University of New York had accused Wang of "scientific misconduct" across multiple research papers - many of which, it said, "provided key support" for the Alzheimer's drug. Cassava, in response, said at the time that the alleged "misconduct" was related only to record-keeping issues at the university, and tried to link the matter to short sellers. The Justice Department's announcement on Friday didn't mention Cassava, the university or the drug directly. It said Wang was "a tenured medical professor at a public university's medical school, as well as a paid advisor and consultant to a publicly traded Texas biopharmaceutical company." The department said Wang was charged with one count of major fraud, two counts of wire fraud and one count of false statements. If convicted, the agency said, he faces a maximum of 10 years in prison for major fraud charge, 20 years in prison for each count of wire fraud, and five years for the false statements. "From approximately May 2015 through approximately April 2023, Wang allegedly engaged in a scheme to fabricate and falsify scientific data in grant applications made to the NIH on behalf of himself and the biopharmaceutical company," the Justice Department said in a statement. "As alleged, the fraudulent grant applications to the NIH sought funding for scientific research of a potential treatment and diagnostic test for Alzheimer's disease and resulted in the award of approximately $16 million in grants from approximately 2017 to 2021, part of which funded Wang's laboratory work and salary," that statement continued. The indictment further alleged that Wang's work under the grants was related to early development and testing of the drug. The alleged falsification, the department said, related to how the drug and test were supposed to work and "the improvement of certain indicators associated with Alzheimer's disease after treatment with the proposed drug." Shares of Cassava have fallen 45% so far this year.
Texas Rangers owner owns: business Energy Bob Simpson’s TXO Energy goes public, soars 10% on first trading day The co-owner of the Texas Rangers baseball team is a 45-year oil veteran who previously sold XTO Energy to Exxon Mobil. Fort Worth-based oil and gas company TXO Energy Partners began trading on the New York Stock Exchange Friday, Jan. 27, 2023, with CEO Bob Simpson (right with gavel in hand) ringing the opening bell.(Alyssa Ringler / NYSE) 4:57 PM on Jan 27, 2023 CST Veteran oilman Bob Simpson ushered a new venture to the New York Stock Exchange on Friday when Fort Worth-based TXO Energy Partners made its stock market debut. Simpson, who founded XTO Energy and led it until the company merged with ExxonMobil in 2010 in a deal valued at $41 billion, rang the opening bell along with other company executives. The company planned to sell 5 million shares at $20 each, netting an estimated $88 million in proceeds after deducting underwriting costs. Its shares rose 10% to close Friday at $22. They trade under the ticker TXO. ( And Now are back to $20 <---- Great opportunity for us) TXO is a renamed version of Simpson’s MorningStar Partners oil and gas company, which he founded in 2012. A 45-year oil veteran, Simpson started Cross Timbers Oil Co. in 1986 and that company later became XTO Energy, the nation’s largest natural gas producer. Bob Simpson (center of photo at podium) was joined by other company executives Friday for the trading debut of Fort Worth-based oil and gas company TXO Energy Partners.(Courtney Crow / NYSE) Simpson and fellow oil magnate Ray Davis also became major league baseball owners in 2010 as lead investors in a $593 million winning bid to take the Texas Rangers out of bankruptcy. They serve as co-chairs of the team’s board of directors.<--------- TXO’s holdings of 370,000 net acres are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. Its reserves totaled 130 million barrels of oil equivalent at the end of 2021, according to its regulatory filings before trading started. Simpson and the company’s management team have invested more than $500 million in the business, according to the filing. It described the oil patches where TXO operates as “characterized by low geologic risk, low decline rates and high recoveries relative to drilling and completion costs.”
TXO is another Sable for us--- a beneficiary of a Trump win. UPDATE- SOC Sable Offshore Corp. $15.07 0.46 (+3.15%)4:00 PM 06/28/24 NYSE | $USD | Post-Market: $15.07 7:00 PM