The National People’s Congress said that Hong Kong would have the right to vote in 2017 elections only if a nominating committee pre-screens candidates.
So far in 2014, the capitalization of the Chinese stock market has already increased by 33% to $4.48 trillion.
The Shanghai-Hong Kong Stock Connect should benefit foreign investors, Chinese corporations, and the Chinese economy at large.
A new link exists between Hong Kong’s Hang Seng stock exchange and the Shanghai stock exchange in mainland China: the Shanghai-Hong Kong Stock Connect.
On November 17, China took its first step towards opening up its stock market to foreign investment with the Shanghai-Hong Kong Stock Connect program.
Antero plans to achieve 45 to 50% growth in 2015 and 2016. These achievements would mean significant growth at Antero Midstream as well.
Antero was the biggest ever MLP IPO, which indicates that the markets support and are fond of MLPs.
Antero Midstream (AM), which raised $1.15 billion in its IPO, broke Shell Midstream’s record of $1.06 billion.
Antero Resources’ current acreage is focused in the Marcellus Shale in West Virginia and the Utica Shale in Ohio.
The public owns 30.3% limited partner interest, while Antero and its affiliates own the remaining 69.7% interest in the partnership.
On October 27, Antero Resources Corporation announced the initial public offering of Antero Midstream Partners LP.
Warren Buffet is one of the most successful investors in the world. He is the chairman and largest shareholder of Berkshire Hathaway.
At the end of 2Q14, Weatherford’s non-core operating margin was 3.4% versus a much healthier 16.5% core business operating margin.
In order to improve efficiency and increase shareholders’ value, Weatherford International adopted a strategy of selling non-core business lines.
Lubrizol’s new segment will now be called Lubrizol Oilfield Solutions.
The recent fall in crude oil price has stirred the oil and gas field equipment service industry, which has started to see consolidation and asset sales.
APA’s 2015 plan is to allocate approximately 85% of its drilling budget to nine North American shale plays. The company’s budget is down $0.7 billion.
Apache Corporation’s revenues from NGL went up by a sharp 26% in 2013 over 2011. Year-to-date, the trend continues.
Lower volume was partially offset by 10% higher realized natural gas price. But APA’s share of revenues from natural gas and NGLs is expected to fall.
Year-to-date oil revenues fell 19% in 2014 from the same period in 2013. The oil revenue growth slowdown is a result of volume and price decreases.