Austin’s Parsley Energy is following a growing trend among oil and gas producers – cutting their capital budgets while hiking payouts to shareholders.
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The moves are intended to instill conservative fiscal restraint while also wooing Wall Street investors with rising dividend payments.
Parsley is in the process of buying Denver-based Jagged Peak Energy for $1.65 billion in order to expand its position in the still-booming Permian Basin. The budget and dividend decisions are meant to help rein in the spending after making the big acquisition of Jagged Peak.
While you're here, how about this:
Council Post: How To Maximize Your Content Marketing Budget
Smart Street Media , an award-winning full-service digital marketing agency based out of Las Vegas, Nevada.">CEO of Smart Street Media , an award-winning full-service digital marketing agency based out of Las Vegas, Nevada.
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Content marketing can be a highly effective digital marketing strategy. Practically any business can use content to reach its intended customers. However, content marketing campaigns typically require a significant investment, which is something not all businesses have. So what can you do to maximize opportunities with a shoestring budget? I'm going to answer that question in this article.
Budget 2020: Mr Market will come crashing down if Budget disappoints it - The Economic Times
Budget 2020 | Stocks to buy: If the Budget gives what the market wants, these stocks may
While you're here, how about this:
Ukraine aid freeze was prepped before Trump call, new documents show - Business Insider
Officials at the White House budget office prepared to freeze almost $400 million in military aid to Ukraine the day before President Donald Trump's July 25 phone call with President Volodymyr Zelensky of Ukraine, new documents show.
The revelation came on the same day as opening arguments began in Trump's Senate impeachment trial, The documents were released in response to an FOIA request by the transparency group American Oversight .
Baker budget ups fines for gas utility violations - News - The Taunton Daily Gazette, Taunton,
BOSTON -- The Baker administration is looking to sharply increase the fines it can assess on companies that do work on or near natural gas pipelines and to make utilities establish a timeline for replacing leak-prone pipes.
In addition to a $5 million outlay for the Department of Public Utilities' Pipeline Safety Division to ensure natural gas companies are in compliance with safety regulations, the $44.6 billion spending plan Gov. Charlie Baker filed Wednesday includes seven outside sections dealing with gas pipeline safety requirements and fines.
Council amends budget, gets docking fees - Hannibal Courier-Post -
HANNIBAL |� A resolution amending the fiscal year 2019-20 budget was approved by the Hannibal City Council during its meeting Tuesday night at city hall.
Karen Burditt, the city's director of finance, reported that the amendments were “to address changes necessary for the current year.” She indicated that additional amendments will be required before the fiscal year ends in July.
One of the amendments was to create a budgetary “home” for funds received from among other things, docking rights contract agreements with riverboat companies. Since such an agreement was reached with American Cruise Lines, Inc., last year the city has received a one-time fee of $25,000 from that company. The funds will be deposited into a separate account called “Riverfront” in the General Fund.
Latest Kentucky news, sports, business and entertainment at 1:20 a.m. EST
LEXINGTON, Ky. (AP) — Kentucky officials are concerned that two bankrupt coal companies could abandon their environmental obligations. Officials said in a hearing this week in West Virginia that Blackjewel LLC and Revelation Energy might leave taxpayers with a bill for millions in mine reclamation costs. The Lexington Herald-Leader reports that Blackjewel's violations account for about 30 percent of the total outstanding noncompliance notices in Kentucky.
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LOUISVILLE, Ky. (AP) — An official says the University of Louisville plans to hire almost 400 nurses and doctors to increase access to local health care in its expanded system. The Courier Journal reports UofL Health Chief Executive Tom Miller told the school's Board of Trustees on Thursday that the move would improve access to care at former KentuckyOne facilities. Many doctors and nurses left KentuckyOne before U of L Health completed its purchase of the troubled system in Nov. 1.
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