UPDATE 5/27/2020, I just found out from Dr. Wittkowski himself that I made an error in my reporting. Here is the kind correction from Dr. Wittkowski himself: I wasn't fired from Rockefeller, I left about two years ago to start my own company. ASDERA develops intellectual property for disease-modifying treatments, including a medical food .…
The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 5/15/20 5/8/20 Refinery…
Hornbeck Offshore Services has filed for chapter 11 to implement a prepackaged reorganization plan, according to a court filing in the U.S. Bankruptcy Court in Houston. The U.S.-based offshore vessel owner with more than $1 billion in long-term debt announed in March that it was negotiating wth lenders a restructuring support agreement and said it…
DMC received $405 million in PPP Loans. They are a multinational conglomerate that does work in many business sectors, one of which being the energy sector. Of all the companies that I have checked, this company is actually making money. I guess that is a good thing. Here are their net income financials. In thousands…
There is trouble in paradise. In millions of dollars, Total Income $2,541 Net Income $-8,297 Total Assets $7,808 Total Liabilities $11,732 Total Equity $-3,924
AIX LES BAINS, France, 18 MAY 2020 Lhyfe, the French producer and supplier of green hydrogen, has chosen ABB, the world leader in control systems and advanced technologies, to implement an automation solution at its first green hydrogen production site. ABB supports a wide range of industries in their digital transformation and will supply the…
Losses, Losses, Losses. I do not think this is COVID related. In millions of dollars, Total Income $22,102 Net Income $-1,851 Total Assets $47,747 Total Liabilities $28,062 Total Equity $19,685
I know that everyone has heard about Senator Burr being placed in the cross-hairs of the FBI for some dubious stock trades that the Senator made right before this whole COVID-19 thing got rolling. The entire affair will probably end up being back page news. However, it is a bit unsettling that this is happening…
