Surasch Kumar

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Joined Dec 2020


You need ESG knowledge in BOD to tackle more international contracts. ESG is necessity and one of compulsory requirements in O&G sectors. I think that's why they appointed her....
4 days · translate
Smart investors appear to agree: three energy gurus led by Warren Buffett himself have chosen to follow the Oracle's time-tested market wisdom of being fearful when others are greedy, and greedy when others are fearful. Over the last few weeks, Buffett, Jerry Jones and Harold Hamm--three of the richest and most successful businessmen in the U.S.-- have doubled down on their oil and gas bets, using the selloff as a buying opportunity.

Between June 17 and June 22, Buffett bought 9 million shares of Occidental Petroleum (NYSE:OXY) for around $56 per share, which compares favorably with his previous purchase of OXY in the $50-58 range. In effect, Buffett now owns 25% of OXY, counting his warrants and total shares purchased. The Oracle of Omaha also owns a $20-billion stake in Chevron Corp. (NYSE:CVX). Warren Buffett is ranked the world's 7th richest person with a net worth of $96.9B. Unfortunately, Buffet has seen his net worth shrink by $13.4B in the year-to-date, mainly due to the poor performance of his other U.S. stock investments thanks to a wide market selloff.

Several weeks ago, the Wall Street Journal featured Dallas Cowboys owner Jerry Jones in a story detailing how the billionaire grew his $1.1B investment in natural gas producer Comstock Resources Inc. (NYSE:CRK) into $2.7B. Interestingly, Jones bought control of Comstock Resources at the depths of the gas bust before natural gas prices made a dramatic U-turn. Jerry Jones is #182 on the Bloomberg Billionaires Index with a net worth of $10.7B, marking a nearly 15% increase.

Meanwhile, Harold Hamm, majority owner of shale exploration giant Continental Resources (NYSE:CLR), has gone on an all-out war to buy back the company's minority stake. Earlier this month, Hamm offered to buy the remainder of the shale driller he and his family don't already own for $4.3 billion, or $70/share, claiming that his company is grossly undervalued. The Hamm Family collectively owns 83% of the total outstanding shares of common stock.
1 month · translate
I thought the woodside case over ready...court give verdict favors to woodside. Why again there are woodside case mentioned here again...
1 month · translate
Qtr loss again
2 months · translate
The profit earning after tax is minus the debt repayment. No 0. If don't know please don't mislead others
3 months · translate
Old story
3 months · translate
Mana 0.38c..
7 months · translate
Qtr release will push up the price...38 emmmm
9 months · translate
Guys, I heard Eah going for it true. Consolidation not good aren't it. I'm new can anyone feedback on this pls
1 year · translate
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