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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (76309)	10/7/2024 9:11:32 AM
From: E_K_S	Read Replies (1) \| Respond to of 78748

Not sure if this was why CVX sold their Oil Sand assets Big Oil companies, including Exxon Mobil ( XOM, Financial) and Occidental Petroleum ( OXY, Financial), have expressed concerns over potential changes to President Biden's Inflation Reduction Act provisions under a possible Trump administration. These provisions offer incentives for low-carbon projects, which are crucial for the industry's transition efforts. The oil giants are advocating for the preservation of tax credits that support their investments in carbon-capture technologies. I do like the Permian Basin play too and have a small position in FANG. CVX my largest holding and management has done a good job managing their assets around the world. Ovintiv Inc (OVV) my other large holding in this area has been a good hold for me. ------------------------------------------------------- These NG pipeline companies are doing well too at/near 9 year highs. WMB, KMI & PBA is in my basket of pipeline companies. Probably time to peel off a few shares.