Signals of deregulation in the Energy industry? Trump: Invest 1 billion in the USA, your company can receive expedited government approval.
Trump posts that the expedited approvals and permits include but are not limited to environmental aspects. Comments suggest that fast tracking may help him achieve his goal of increasing Oil & Gas development and reducing regulations, which is what he referred to as "we need to drill" during the October campaign.
Market Falls Wednesday, but Googles Chip Impresses | WST
Google's Quantum Chip Might Have Contacted Parallel Universes | Live Stock
Wall Street Bulls Look Optimistic About Devon Energy (DVN): Should You Buy?
Monday Market Falls, Chinese Stocks Climb, Indices Rebalance | Live Stock
Sector Update: Energy Stocks Advance Premarket Monday
151798759 : I am surprised as well. There is no reason for this steep decline. The last earning report did best all estimates. True that Oil is down a bit but this much drop in the stock value is overreaction. I am buying and holding till the next report.
72379272 : DVN paying dividends is base on the real world gasoline price also. Which it’s a downside, to shareholders depends on the dividend. ( we also know Trump will keep drilling and drilling )
Wongcs : When Trump take over, is it good for DVN or bad for DVN?
Dubulator OP Wongcs : Too hard to tell. Story came out that he is looking to expedite energy investments but even good news doesn’t seem to move $Devon Energy (DVN.US)$ up. I am waiting until the 12th to buy more and I will hold for the dividend. Even if it drops.