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2021-07-07
[Smile]
Here are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high
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","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140112421","repostId":"1109918984","repostType":4,"repost":{"id":"1109918984","kind":"news","pubTimestamp":1625628447,"share":"https://ttm.financial/m/news/1109918984?lang=&edition=fundamental","pubTime":"2021-07-07 11:27","market":"hk","language":"en","title":"Here are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1109918984","media":"Market Wacth","summary":"The price of crude oil has recovered to its highest level in six years — way above break-even prices","content":"<p>The price of crude oil has recovered to its highest level in six years — way above break-even prices for U.S. shale producers. A delay in production increases by the OPEC+ group of oil producing nations has underlined the recent price push, but the prospect of a continuing economic recovery for the U.S. and other industrialized nations points to an opportunity for investors.</p>\n<p>Below is a list of 20 energy stocks favored by Wall Street analysts, with price targets implying upside of up to 39%.</p>\n<p>Oil stocks are running behind oil prices</p>\n<p>These charts compare the percentage movement for continuous forward-month contracts for West Texas Intermediate Crude OilCRUDE OILto total returns for the energy sector of the S&P Composite 1500 indexXX:SP1500:</p>\n<p>First, year-to-date moves through 7:25 a.m. ET on July 6:<img src=\"https://static.tigerbbs.com/22fb14d2e3c8ee1ecb51529055810355\" tg-width=\"620\" tg-height=\"511\" referrerpolicy=\"no-referrer\">FACTSET</p>\n<p>Even with dividends reinvested, the energy sector of the S&P 1500 has lagged the price action for oil. (The S&P Composite 1500 index is made up of the S&P 500SPX, the S&P 400 Mid Cap IndexMIDand the S&P Small Cap 600 IndexSML.)</p>\n<p>Now look at the one-year chart:<img src=\"https://static.tigerbbs.com/6f414e1c0b0d223ff866915a067f13e8\" tg-width=\"620\" tg-height=\"511\" referrerpolicy=\"no-referrer\">FACTSET</p>\n<p>There’s an argument to be made that oil stocks are way behind the recent price action. West Texas Crude Oil for August deliveryCLQ1was trading above $76 a barrel on the New York Mercantile Exchange early on July 6. For U.S. shale oil producers, there’s a critical relationship between the spot price and their production break-even prices for new wells, which ranged between $46 and $58 a barrel according to a survey conducted in March by the Federal Reserve Bank of Dallas. (You can see that reporthere, with the break-even prices on the second-to-last slide and break-even prices for existing wells on the last slide.)</p>\n<p>It’s easy to understand that when West Texas Crude was trading for about $48.50 at the end of 2020, many investors remained shy of oil producers and related stocks.</p>\n<p><b>Wall Street’s favorite stocks of oil producers and related companies</b></p>\n<p>To screen for U.S.-listed oil stocks, we began with the S&P 1500, in part because the S&P 500 includes only 22 stocks. Some stocks dropped out of the large-cap benchmark index because their market values declined significantly during the COVID-19 pandemic, but more broadly they have been suffering since oil prices peaked in 2014.</p>\n<p>There are 64 stocks in the S&P 1500. We then added the 17 pipeline limited partnerships held by the Alerian MLP ETF, which aren’t included in the S&P indexes. The pipelines are generally considered income plays, but there are some tax complications that should be part of your research before considering them for investment.</p>\n<p>Among the screen of 81 energy stocks, 36 have majority “buy” or equivalent ratings among a group of at least five analysts working for brokerage firms, according to data provided by FactSet. Here are the 20 for which consensus price targets imply the most upside over the next 12 months:</p>\n<p>You can click the tickers for more about each company.<img src=\"https://static.tigerbbs.com/2d4f89036e78c12bf09a265a9238174d\" tg-width=\"797\" tg-height=\"892\">Many oil companies have been forced to cut their dividends during the pandemic, but Valero Energy Corp.VLOand Chevron Corp.CVXare among the exceptions. Both have dividend yields above 5%.As always, ratings and price targets aren’t enough. You need to do your own research and consider any company’s long-term prospects before investing.</p>\n<table>\n <tbody>\n <tr></tr>\n </tbody>\n</table>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 11:27 GMT+8 <a href=https://www.marketwatch.com/story/here-are-wall-streets-20-favorite-energy-stocks-as-crude-oil-hits-a-6-year-high-11625575911?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of crude oil has recovered to its highest level in six years — way above break-even prices for U.S. shale producers. A delay in production increases by the OPEC+ group of oil producing ...</p>\n\n<a href=\"https://www.marketwatch.com/story/here-are-wall-streets-20-favorite-energy-stocks-as-crude-oil-hits-a-6-year-high-11625575911?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/here-are-wall-streets-20-favorite-energy-stocks-as-crude-oil-hits-a-6-year-high-11625575911?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109918984","content_text":"The price of crude oil has recovered to its highest level in six years — way above break-even prices for U.S. shale producers. A delay in production increases by the OPEC+ group of oil producing nations has underlined the recent price push, but the prospect of a continuing economic recovery for the U.S. and other industrialized nations points to an opportunity for investors.\nBelow is a list of 20 energy stocks favored by Wall Street analysts, with price targets implying upside of up to 39%.\nOil stocks are running behind oil prices\nThese charts compare the percentage movement for continuous forward-month contracts for West Texas Intermediate Crude OilCRUDE OILto total returns for the energy sector of the S&P Composite 1500 indexXX:SP1500:\nFirst, year-to-date moves through 7:25 a.m. ET on July 6:FACTSET\nEven with dividends reinvested, the energy sector of the S&P 1500 has lagged the price action for oil. (The S&P Composite 1500 index is made up of the S&P 500SPX, the S&P 400 Mid Cap IndexMIDand the S&P Small Cap 600 IndexSML.)\nNow look at the one-year chart:FACTSET\nThere’s an argument to be made that oil stocks are way behind the recent price action. West Texas Crude Oil for August deliveryCLQ1was trading above $76 a barrel on the New York Mercantile Exchange early on July 6. For U.S. shale oil producers, there’s a critical relationship between the spot price and their production break-even prices for new wells, which ranged between $46 and $58 a barrel according to a survey conducted in March by the Federal Reserve Bank of Dallas. (You can see that reporthere, with the break-even prices on the second-to-last slide and break-even prices for existing wells on the last slide.)\nIt’s easy to understand that when West Texas Crude was trading for about $48.50 at the end of 2020, many investors remained shy of oil producers and related stocks.\nWall Street’s favorite stocks of oil producers and related companies\nTo screen for U.S.-listed oil stocks, we began with the S&P 1500, in part because the S&P 500 includes only 22 stocks. Some stocks dropped out of the large-cap benchmark index because their market values declined significantly during the COVID-19 pandemic, but more broadly they have been suffering since oil prices peaked in 2014.\nThere are 64 stocks in the S&P 1500. We then added the 17 pipeline limited partnerships held by the Alerian MLP ETF, which aren’t included in the S&P indexes. The pipelines are generally considered income plays, but there are some tax complications that should be part of your research before considering them for investment.\nAmong the screen of 81 energy stocks, 36 have majority “buy” or equivalent ratings among a group of at least five analysts working for brokerage firms, according to data provided by FactSet. Here are the 20 for which consensus price targets imply the most upside over the next 12 months:\nYou can click the tickers for more about each company.Many oil companies have been forced to cut their dividends during the pandemic, but Valero Energy Corp.VLOand Chevron Corp.CVXare among the exceptions. Both have dividend yields above 5%.As always, ratings and price targets aren’t enough. You need to do your own research and consider any company’s long-term prospects before investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":140112421,"gmtCreate":1625637020463,"gmtModify":1703745405002,"author":{"id":"3586244927296932","authorId":"3586244927296932","name":"XIaOqIw","avatar":"https://static.tigerbbs.com/62ec831b72568cf13e405baee40bc210","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586244927296932","authorIdStr":"3586244927296932"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140112421","repostId":"1109918984","repostType":4,"repost":{"id":"1109918984","kind":"news","pubTimestamp":1625628447,"share":"https://ttm.financial/m/news/1109918984?lang=&edition=fundamental","pubTime":"2021-07-07 11:27","market":"hk","language":"en","title":"Here are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1109918984","media":"Market Wacth","summary":"The price of crude oil has recovered to its highest level in six years — way above break-even prices","content":"<p>The price of crude oil has recovered to its highest level in six years — way above break-even prices for U.S. shale producers. A delay in production increases by the OPEC+ group of oil producing nations has underlined the recent price push, but the prospect of a continuing economic recovery for the U.S. and other industrialized nations points to an opportunity for investors.</p>\n<p>Below is a list of 20 energy stocks favored by Wall Street analysts, with price targets implying upside of up to 39%.</p>\n<p>Oil stocks are running behind oil prices</p>\n<p>These charts compare the percentage movement for continuous forward-month contracts for West Texas Intermediate Crude OilCRUDE OILto total returns for the energy sector of the S&P Composite 1500 indexXX:SP1500:</p>\n<p>First, year-to-date moves through 7:25 a.m. ET on July 6:<img src=\"https://static.tigerbbs.com/22fb14d2e3c8ee1ecb51529055810355\" tg-width=\"620\" tg-height=\"511\" referrerpolicy=\"no-referrer\">FACTSET</p>\n<p>Even with dividends reinvested, the energy sector of the S&P 1500 has lagged the price action for oil. (The S&P Composite 1500 index is made up of the S&P 500SPX, the S&P 400 Mid Cap IndexMIDand the S&P Small Cap 600 IndexSML.)</p>\n<p>Now look at the one-year chart:<img src=\"https://static.tigerbbs.com/6f414e1c0b0d223ff866915a067f13e8\" tg-width=\"620\" tg-height=\"511\" referrerpolicy=\"no-referrer\">FACTSET</p>\n<p>There’s an argument to be made that oil stocks are way behind the recent price action. West Texas Crude Oil for August deliveryCLQ1was trading above $76 a barrel on the New York Mercantile Exchange early on July 6. For U.S. shale oil producers, there’s a critical relationship between the spot price and their production break-even prices for new wells, which ranged between $46 and $58 a barrel according to a survey conducted in March by the Federal Reserve Bank of Dallas. (You can see that reporthere, with the break-even prices on the second-to-last slide and break-even prices for existing wells on the last slide.)</p>\n<p>It’s easy to understand that when West Texas Crude was trading for about $48.50 at the end of 2020, many investors remained shy of oil producers and related stocks.</p>\n<p><b>Wall Street’s favorite stocks of oil producers and related companies</b></p>\n<p>To screen for U.S.-listed oil stocks, we began with the S&P 1500, in part because the S&P 500 includes only 22 stocks. Some stocks dropped out of the large-cap benchmark index because their market values declined significantly during the COVID-19 pandemic, but more broadly they have been suffering since oil prices peaked in 2014.</p>\n<p>There are 64 stocks in the S&P 1500. We then added the 17 pipeline limited partnerships held by the Alerian MLP ETF, which aren’t included in the S&P indexes. The pipelines are generally considered income plays, but there are some tax complications that should be part of your research before considering them for investment.</p>\n<p>Among the screen of 81 energy stocks, 36 have majority “buy” or equivalent ratings among a group of at least five analysts working for brokerage firms, according to data provided by FactSet. Here are the 20 for which consensus price targets imply the most upside over the next 12 months:</p>\n<p>You can click the tickers for more about each company.<img src=\"https://static.tigerbbs.com/2d4f89036e78c12bf09a265a9238174d\" tg-width=\"797\" tg-height=\"892\">Many oil companies have been forced to cut their dividends during the pandemic, but Valero Energy Corp.VLOand Chevron Corp.CVXare among the exceptions. Both have dividend yields above 5%.As always, ratings and price targets aren’t enough. You need to do your own research and consider any company’s long-term prospects before investing.</p>\n<table>\n <tbody>\n <tr></tr>\n </tbody>\n</table>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere are Wall Street’s 20 favorite energy stocks as crude oil hits a 6-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 11:27 GMT+8 <a href=https://www.marketwatch.com/story/here-are-wall-streets-20-favorite-energy-stocks-as-crude-oil-hits-a-6-year-high-11625575911?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of crude oil has recovered to its highest level in six years — way above break-even prices for U.S. shale producers. A delay in production increases by the OPEC+ group of oil producing ...</p>\n\n<a href=\"https://www.marketwatch.com/story/here-are-wall-streets-20-favorite-energy-stocks-as-crude-oil-hits-a-6-year-high-11625575911?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/here-are-wall-streets-20-favorite-energy-stocks-as-crude-oil-hits-a-6-year-high-11625575911?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109918984","content_text":"The price of crude oil has recovered to its highest level in six years — way above break-even prices for U.S. shale producers. A delay in production increases by the OPEC+ group of oil producing nations has underlined the recent price push, but the prospect of a continuing economic recovery for the U.S. and other industrialized nations points to an opportunity for investors.\nBelow is a list of 20 energy stocks favored by Wall Street analysts, with price targets implying upside of up to 39%.\nOil stocks are running behind oil prices\nThese charts compare the percentage movement for continuous forward-month contracts for West Texas Intermediate Crude OilCRUDE OILto total returns for the energy sector of the S&P Composite 1500 indexXX:SP1500:\nFirst, year-to-date moves through 7:25 a.m. ET on July 6:FACTSET\nEven with dividends reinvested, the energy sector of the S&P 1500 has lagged the price action for oil. (The S&P Composite 1500 index is made up of the S&P 500SPX, the S&P 400 Mid Cap IndexMIDand the S&P Small Cap 600 IndexSML.)\nNow look at the one-year chart:FACTSET\nThere’s an argument to be made that oil stocks are way behind the recent price action. West Texas Crude Oil for August deliveryCLQ1was trading above $76 a barrel on the New York Mercantile Exchange early on July 6. For U.S. shale oil producers, there’s a critical relationship between the spot price and their production break-even prices for new wells, which ranged between $46 and $58 a barrel according to a survey conducted in March by the Federal Reserve Bank of Dallas. (You can see that reporthere, with the break-even prices on the second-to-last slide and break-even prices for existing wells on the last slide.)\nIt’s easy to understand that when West Texas Crude was trading for about $48.50 at the end of 2020, many investors remained shy of oil producers and related stocks.\nWall Street’s favorite stocks of oil producers and related companies\nTo screen for U.S.-listed oil stocks, we began with the S&P 1500, in part because the S&P 500 includes only 22 stocks. Some stocks dropped out of the large-cap benchmark index because their market values declined significantly during the COVID-19 pandemic, but more broadly they have been suffering since oil prices peaked in 2014.\nThere are 64 stocks in the S&P 1500. We then added the 17 pipeline limited partnerships held by the Alerian MLP ETF, which aren’t included in the S&P indexes. The pipelines are generally considered income plays, but there are some tax complications that should be part of your research before considering them for investment.\nAmong the screen of 81 energy stocks, 36 have majority “buy” or equivalent ratings among a group of at least five analysts working for brokerage firms, according to data provided by FactSet. Here are the 20 for which consensus price targets imply the most upside over the next 12 months:\nYou can click the tickers for more about each company.Many oil companies have been forced to cut their dividends during the pandemic, but Valero Energy Corp.VLOand Chevron Corp.CVXare among the exceptions. Both have dividend yields above 5%.As always, ratings and price targets aren’t enough. You need to do your own research and consider any company’s long-term prospects before investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149850162,"gmtCreate":1625716327256,"gmtModify":1703747023024,"author":{"id":"3586244927296932","authorId":"3586244927296932","name":"XIaOqIw","avatar":"https://static.tigerbbs.com/62ec831b72568cf13e405baee40bc210","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586244927296932","authorIdStr":"3586244927296932"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149850162","repostId":"1188264325","repostType":4,"repost":{"id":"1188264325","kind":"news","pubTimestamp":1625710813,"share":"https://ttm.financial/m/news/1188264325?lang=&edition=fundamental","pubTime":"2021-07-08 10:20","market":"us","language":"en","title":"Best Stocks for 2021: Fiverr Can Continue Higher in the Back Half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1188264325","media":"investorplace","summary":"Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navell","content":"<p><i>Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest is</i><i><b>Fiverr International</b></i><i> (NYSE:</i><i><b><u>FVRR</u></b></i><i>) stock.</i></p>\n<p>Non-farm payrolls were up to 692,000 for June, which is a healthy number. Almost half of those returning to work were in the hospitality industries. But that means there’s also half that are in other industries. So as the economy rebounds, it also means gig workers — like those that rely on<b>Fiverr</b>(NYSE:<b><u>FVRR</u></b>) — are getting more gigs as well.</p>\n<p><img src=\"https://static.tigerbbs.com/926b63c03d3f53857c8f1607b9dc61ec\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Temitiman / <a href=\"https://laohu8.com/S/SSTK\">Shutterstock</a>.com</p>\n<p>Usually when an economy recovers from hard times, companies don’t necessarily hire for full-time workers right from the start, especially if they’re looking for creative and computing talent.</p>\n<p>They don’t have the business yet to commit to adding someone to payroll and the economy may be headed in the right direction, but there are still risks. That means contract work is the ideal solution.</p>\n<p>What’s more, contract work allows a company to test drive a new worker before actually hiring them.</p>\n<p>The <a href=\"https://laohu8.com/S/03326\">Perfect</a> <a href=\"https://laohu8.com/S/TIME\">Time</a> for FVRR</p>\n<p>Headquartered in Israel, FVRR launched about 11 years ago to a global market that was starting to rely on the gig economy as the financial crash of 2008 flattened many sectors.</p>\n<p>Hiring what you needed when you needed it became much more attractive to employers. And employees in the creative and IT worlds are many times the first to get cut when times get tough. Getting any kind of work in these communities that were very familiar with work-from-home gigs was income, and potentially a foot in the door for full-time work.</p>\n<p>But as fast as it grew, FVRR didn’t go public until 2019 — a decade after it started. However, it came around just in time for the pandemic.</p>\n<p>As the economy recovered, it was still building back in the same paradigm that it had always had. Workers go to offices and work. Maybe they could work from home, but it was more an exception to the rule.</p>\n<p>However, that’s there’s been a big shift since the pandemic. When people couldn’t go to offices, companies had to reframe how to remain productive yet not have the traditional workplace environment.</p>\n<p>In turn, this has again fueled Fiverr’s business on both the talent side and the employer side. And FVRR stock has seen a big boost since the end of the first quarter.</p>\n<p>FVRR Stock at a Glance</p>\n<p>In the past 12 months, FVRR stock is up 210%. Its 52-week range is runs from a low of $75.65 to high of $336. And right now, FVRR trades around $243.</p>\n<p>The company remains in its early growth phase, acquiring complementary companies and expanding its operations into more countries. Growth is its core metric now. And it continues to deliver. ItsQ4 numbers were releasedin February, and it beat revenue expectations, with revenue up 89% compared to year ago levels (pre-pandemic).</p>\n<p>Then,Q1 numberswere released in May and they were equally impressive. Revenue was up 100% year over year, and Fiverr raised its 2021 guidance.</p>\n<p>My<i>Portfolio Grader</i>rates FVRR stock a ‘B’ right now as the market digests the big gains and the short-term concerns regarding inflation. But this pause will refresh FVRR stock. Sitting comfortably off its highs, the stock has been consolidating for the past month or so.</p>\n<p>However, that’s likely to change now that we’re entering the second half of the year and the global economy starts moving forward in earnest.</p>\n<p><i>On the date of publication, Louis Navellier had a position FVRR. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best Stocks for 2021: Fiverr Can Continue Higher in the Back Half of 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest Stocks for 2021: Fiverr Can Continue Higher in the Back Half of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 10:20 GMT+8 <a href=https://investorplace.com/2021/07/best-stocks-for-2021-fiverr-can-continue-higher-in-the-back-half-of-2021/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest isFiverr International (NYSE:FVRR) stock.\nNon-farm payrolls were up to ...</p>\n\n<a href=\"https://investorplace.com/2021/07/best-stocks-for-2021-fiverr-can-continue-higher-in-the-back-half-of-2021/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FVRR":"Fiverr International Ltd."},"source_url":"https://investorplace.com/2021/07/best-stocks-for-2021-fiverr-can-continue-higher-in-the-back-half-of-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188264325","content_text":"Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest isFiverr International (NYSE:FVRR) stock.\nNon-farm payrolls were up to 692,000 for June, which is a healthy number. Almost half of those returning to work were in the hospitality industries. But that means there’s also half that are in other industries. So as the economy rebounds, it also means gig workers — like those that rely onFiverr(NYSE:FVRR) — are getting more gigs as well.\nSource: Temitiman / Shutterstock.com\nUsually when an economy recovers from hard times, companies don’t necessarily hire for full-time workers right from the start, especially if they’re looking for creative and computing talent.\nThey don’t have the business yet to commit to adding someone to payroll and the economy may be headed in the right direction, but there are still risks. That means contract work is the ideal solution.\nWhat’s more, contract work allows a company to test drive a new worker before actually hiring them.\nThe Perfect Time for FVRR\nHeadquartered in Israel, FVRR launched about 11 years ago to a global market that was starting to rely on the gig economy as the financial crash of 2008 flattened many sectors.\nHiring what you needed when you needed it became much more attractive to employers. And employees in the creative and IT worlds are many times the first to get cut when times get tough. Getting any kind of work in these communities that were very familiar with work-from-home gigs was income, and potentially a foot in the door for full-time work.\nBut as fast as it grew, FVRR didn’t go public until 2019 — a decade after it started. However, it came around just in time for the pandemic.\nAs the economy recovered, it was still building back in the same paradigm that it had always had. Workers go to offices and work. Maybe they could work from home, but it was more an exception to the rule.\nHowever, that’s there’s been a big shift since the pandemic. When people couldn’t go to offices, companies had to reframe how to remain productive yet not have the traditional workplace environment.\nIn turn, this has again fueled Fiverr’s business on both the talent side and the employer side. And FVRR stock has seen a big boost since the end of the first quarter.\nFVRR Stock at a Glance\nIn the past 12 months, FVRR stock is up 210%. Its 52-week range is runs from a low of $75.65 to high of $336. And right now, FVRR trades around $243.\nThe company remains in its early growth phase, acquiring complementary companies and expanding its operations into more countries. Growth is its core metric now. And it continues to deliver. ItsQ4 numbers were releasedin February, and it beat revenue expectations, with revenue up 89% compared to year ago levels (pre-pandemic).\nThen,Q1 numberswere released in May and they were equally impressive. Revenue was up 100% year over year, and Fiverr raised its 2021 guidance.\nMyPortfolio Graderrates FVRR stock a ‘B’ right now as the market digests the big gains and the short-term concerns regarding inflation. But this pause will refresh FVRR stock. Sitting comfortably off its highs, the stock has been consolidating for the past month or so.\nHowever, that’s likely to change now that we’re entering the second half of the year and the global economy starts moving forward in earnest.\nOn the date of publication, Louis Navellier had a position FVRR. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140502359,"gmtCreate":1625665078471,"gmtModify":1703745928395,"author":{"id":"3586244927296932","authorId":"3586244927296932","name":"XIaOqIw","avatar":"https://static.tigerbbs.com/62ec831b72568cf13e405baee40bc210","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586244927296932","authorIdStr":"3586244927296932"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140502359","repostId":"1152254106","repostType":4,"repost":{"id":"1152254106","kind":"news","pubTimestamp":1625662333,"share":"https://ttm.financial/m/news/1152254106?lang=&edition=fundamental","pubTime":"2021-07-07 20:52","market":"other","language":"en","title":"Egypt Bids Adieu to Suez Canal Saga With Payoff and a Party","url":"https://stock-news.laohu8.com/highlight/detail?id=1152254106","media":"Bloomberg","summary":"(Bloomberg) -- For a nation that provides safe passage for so many ships through its waters, Egypt o","content":"<p>(Bloomberg) -- For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.</p>\n<p>The 400-meter-long container ship began its voyage out of the canal on Wednesday after a ceremony attended by dignitaries, diplomats and company officials from around the world. The last time the Suez Canal Authority, which hosted the event, produced this much fanfare was in 2015, when an $8 billion expansion project was completed within a year. The ship is slated to sail into the Mediterranean and then to Rotterdam.</p>\n<p>This time though, the event was as much about closure as celebration. Because it was the Ever Given, the giant Japanese-owned vessel carrying some $1 billion worth of cargo, that last March lost control as it traveled north through the canal, crashing into the banks and blocking the waterway like a giant cork for nearly a week. The incident roiled global markets and transfixed the world.</p>\n<p>In a recorded comment, Yukito Higaki, president of the ship’s owner, Shoei Kisen Kaisha Ltd., voiced gratitude to the canal and to Suez Canal Authority chief Osama Rabie, personally. Separately, Khaled Abu Bakr, the SCA’s chief attorney in the case, said their negotiations wouldn’t have been possible had it not been for the “unprecedented skills” shown by the authority’s engineers in their efforts to free the ship.</p>\n<p>“The Suez Canal Authority and all its employees were in a difficult test in front of the world and a race against time to open the navigation artery, the lifeblood of the world,”</p>\n<p>The ceremony and signing of the deal capped what turned into a public relations crisis for the overseers of the waterway and, by extension, Egypt itself.</p>\n<p>Financial details of the agreement weren’t disclosed, but Rabie said the owner had paid most of the money before the Ever Given’s departure, and the rest was expected this month. He also said the company would give Egypt a new tug boat.</p>\n<p>Freeing the ship just six days after the incident last March may have won the authority some kudos, as well as providing relief for the estimated $10 billion worth of marine traffic that built up each day as a result. What happened next, in terms of determining blame and compensation, carried an equally high premium for Egypt, both domestically and abroad.</p>\n<p>With the eyes of the world upon them, canal employees, along with outside help, worked around the clock to free the Ever Given last March. Often risking their lives, workers ensured that there was minimal damage to the ship, its 17,600 containers and the canal itself. In the end, the heavens offered a helping hand when unusually high tides allowed teams to refloat the vessel.</p>\n<p>Just as tricky as freeing the ship, though, was the process of disentangling the arguments about blame and compensation.</p>\n<p>Egypt had dodged a bullet by freeing the Ever Given so quickly and clearing the backlog of over 400 ships delayed by the incident. It now had to walk the line between recouping losses, both physical and perceived, and ensuring that it didn’t appear to give up its rights before a global audience or, at the same time, alienate its clients.</p>\n<p>For the ship’s owners and insurers, it boiled down to a more basic calculus: What could or should they pay?</p>\n<p>As the issue moved to the Egyptian courts, which ordered the Ever Given seized pending a resolution, the stakes grew on both sides. Egypt wanted more than $900 million. The counteroffer was around $150 million. A revised figure of $550 million was put forward.</p>\n<p>While Rabie said in an earlier television interview the settlement figure was near that amount, he and other declined to confirm it during the signing event.</p>\n<p>But there’s more to the issue than money for Egypt.</p>\n<p>While earnings from the Suez Canal are a key source of foreign revenue for the country, credibility is priceless. It’s something President Abdel-Fattah El-Sisi has been working to shore up.</p>\n<p>Under his leadership, the canal-expansion project has been one of several major infrastructure efforts launched to the tune of hundreds of billions of Egyptian pounds. After the Ever Given incident, plans for another expansion were proposed.</p>\n<p>The desire to project a new, modern Egypt, required the same of its officials and their ability to handle crisis. That was made clear by El-Sisi in one his conversations with Rabie during the effort to free the Ever Given.</p>\n<p>The president says he asked the canal chief what the most challenging aspect of refloating the vessel might be. Rabie said it would be the offloading of the containers, a process some said may take up to three months.</p>\n<p>“Let’s be ready,” the president says he told Rabie. “Whatever it costs we have to be ready in a crisis like this.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Egypt Bids Adieu to Suez Canal Saga With Payoff and a Party</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEgypt Bids Adieu to Suez Canal Saga With Payoff and a Party\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:52 GMT+8 <a href=https://finance.yahoo.com/news/egypt-waves-goodbye-suez-canal-200001914.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.\nThe 400-meter-long container ship began its ...</p>\n\n<a href=\"https://finance.yahoo.com/news/egypt-waves-goodbye-suez-canal-200001914.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/egypt-waves-goodbye-suez-canal-200001914.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152254106","content_text":"(Bloomberg) -- For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.\nThe 400-meter-long container ship began its voyage out of the canal on Wednesday after a ceremony attended by dignitaries, diplomats and company officials from around the world. The last time the Suez Canal Authority, which hosted the event, produced this much fanfare was in 2015, when an $8 billion expansion project was completed within a year. The ship is slated to sail into the Mediterranean and then to Rotterdam.\nThis time though, the event was as much about closure as celebration. Because it was the Ever Given, the giant Japanese-owned vessel carrying some $1 billion worth of cargo, that last March lost control as it traveled north through the canal, crashing into the banks and blocking the waterway like a giant cork for nearly a week. The incident roiled global markets and transfixed the world.\nIn a recorded comment, Yukito Higaki, president of the ship’s owner, Shoei Kisen Kaisha Ltd., voiced gratitude to the canal and to Suez Canal Authority chief Osama Rabie, personally. Separately, Khaled Abu Bakr, the SCA’s chief attorney in the case, said their negotiations wouldn’t have been possible had it not been for the “unprecedented skills” shown by the authority’s engineers in their efforts to free the ship.\n“The Suez Canal Authority and all its employees were in a difficult test in front of the world and a race against time to open the navigation artery, the lifeblood of the world,”\nThe ceremony and signing of the deal capped what turned into a public relations crisis for the overseers of the waterway and, by extension, Egypt itself.\nFinancial details of the agreement weren’t disclosed, but Rabie said the owner had paid most of the money before the Ever Given’s departure, and the rest was expected this month. He also said the company would give Egypt a new tug boat.\nFreeing the ship just six days after the incident last March may have won the authority some kudos, as well as providing relief for the estimated $10 billion worth of marine traffic that built up each day as a result. What happened next, in terms of determining blame and compensation, carried an equally high premium for Egypt, both domestically and abroad.\nWith the eyes of the world upon them, canal employees, along with outside help, worked around the clock to free the Ever Given last March. Often risking their lives, workers ensured that there was minimal damage to the ship, its 17,600 containers and the canal itself. In the end, the heavens offered a helping hand when unusually high tides allowed teams to refloat the vessel.\nJust as tricky as freeing the ship, though, was the process of disentangling the arguments about blame and compensation.\nEgypt had dodged a bullet by freeing the Ever Given so quickly and clearing the backlog of over 400 ships delayed by the incident. It now had to walk the line between recouping losses, both physical and perceived, and ensuring that it didn’t appear to give up its rights before a global audience or, at the same time, alienate its clients.\nFor the ship’s owners and insurers, it boiled down to a more basic calculus: What could or should they pay?\nAs the issue moved to the Egyptian courts, which ordered the Ever Given seized pending a resolution, the stakes grew on both sides. Egypt wanted more than $900 million. The counteroffer was around $150 million. A revised figure of $550 million was put forward.\nWhile Rabie said in an earlier television interview the settlement figure was near that amount, he and other declined to confirm it during the signing event.\nBut there’s more to the issue than money for Egypt.\nWhile earnings from the Suez Canal are a key source of foreign revenue for the country, credibility is priceless. It’s something President Abdel-Fattah El-Sisi has been working to shore up.\nUnder his leadership, the canal-expansion project has been one of several major infrastructure efforts launched to the tune of hundreds of billions of Egyptian pounds. After the Ever Given incident, plans for another expansion were proposed.\nThe desire to project a new, modern Egypt, required the same of its officials and their ability to handle crisis. That was made clear by El-Sisi in one his conversations with Rabie during the effort to free the Ever Given.\nThe president says he asked the canal chief what the most challenging aspect of refloating the vessel might be. Rabie said it would be the offloading of the containers, a process some said may take up to three months.\n“Let’s be ready,” the president says he told Rabie. “Whatever it costs we have to be ready in a crisis like this.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140506648,"gmtCreate":1625665056884,"gmtModify":1703745927227,"author":{"id":"3586244927296932","authorId":"3586244927296932","name":"XIaOqIw","avatar":"https://static.tigerbbs.com/62ec831b72568cf13e405baee40bc210","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586244927296932","authorIdStr":"3586244927296932"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140506648","repostId":"1152254106","repostType":4,"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
