Oil and Gas
T. Boone Pickens
Oil tycoon and Republican megadonor T. Boone Pickens has some advice for President Donald Trump as he gets ready to meet with North Korean leader Kim Jong Un: Don't be too desperate.
LONDON/ FRANKFURT/ MILAN, May 2- U.S. hedge fund Elliott is stepping up its activities in Europe, a Reuters review of data shows, as it sees more opportunities to unlock value for shareholders by pushing through management changes, company break-ups and merger deals. Filings with regulators show that eight of Paul Elliott Singer's activist fund's 15 disclosed...
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America First Policies, a nonprofit group with close ties to President Donald Trump, has hired Trump's pollsters to conduct political polling.
Mesa Vista Ranch is the fullest expression of the man who started out in the Oklahoma oil patch and rose to become an energy titan.
CNBC's Robert Frank reports billionaire Boone Pickens is selling his most prized asset, his 65,000 acre weekend retreat.
An exchange-traded fund that reflects the investment philosophy of legendary oilman T. Boone Pickens launched on Wednesday.
HOUSTON/ NEW YORK, Feb 27- Global commodity trader Koch Supply& Trading has cut dozens of workers across at least four offices worldwide, several sources said on Tuesday, as the firm restructures its business. The cuts at the unit of Wichita, Kansas- based Koch Industries Inc, the industrial conglomerate owned by billionaires Charles and David Koch, affected...
HOUSTON, Feb 27- Global commodity trader Koch Supply& Trading has cut dozens of workers across at least four offices worldwide, several sources said on Tuesday, as the firm restructures its business. The cuts at the unit of Koch Industries Inc, the industrial conglomerate of billionaire conservatives Charles and David Koch, affected traders and support staff in...
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NEW YORK, Jan 31- Several key commodities traders are leaving Goldman Sachs Group Inc, sources said on Wednesday, the latest wrinkle as the Wall Street firm seeks to turn around its struggling commodities unit. Those leaving include Don Casturo, operating chief of global commodities; Saad Usmani, a London- based managing director who traded crude oil and natural...
NEW YORK/ LONDON, Jan 25- Jamison Capital Partners LP, a New York- based macro commodity hedge fund run by former Morgan Stanley trader Stephen Jamison, will be shutting its nearly $1.5 billion fund and convert to a family office, a source familiar with the matter said on Thursday. They include hedge fund manager Andy Hall, who closed his Astenbeck Capital Management...
NEW YORK, Jan 19- Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive. The big five Wall Street banks JPMorgan Chase& Co, Citigroup Inc, Bank of America Corp, Goldman Sachs Group Inc and Morgan Stanley reported an average revenue decline of 32 percent for the fourth quarter, and 12 percent for the full...
NEW YORK, Jan 17- Veteran oil trader Jeffrey Frase has been meeting with investors to test the waters for what he hopes will be his commodities trading comeback. On Friday, longtime investor T. Boone Pickens said he had closed his Dallas- based energy hedge fund after health and financial upsets. Last year, oil trader Andy Hall closed his main Astenbeck Capital...
HOUSTON, Jan 12- Legendary investor T. Boone Pickens said on Friday he had closed his Dallas- based energy hedge fund after health and financial upsets, the latest oil-focused fund to report setbacks. Pickens' fund, which he formed in 1996, struggled with its oil bets and assets fell well below a peak of $2 billion in 2007, said Jay Rosser, vice president at BP Capital.
Pickens, 89, rose to prominence as the chief of Mesa Petroleum during a feverish period of corporate takeovers in the 1980s.
Thomas Boone Pickens III, son of the legendary oilman, had a big day after his tech company disclosed a government contract.
McClendon, 56, was indicted Tuesday and charged with conspiring to rig bids for oil and natural gas leases while leading Chesapeake Energy.
Roberto Friedlander, Brean Capital head of energy trading, says investors should start adding to their energy positions when oil his around $25.
Oilman Boone Pickens says U.S. crude hit a bottom at $26.15 per barrel, and based on history, prices should double within 12 months.
"We think the pressure is still going to be on for lower prices," says Citi's global head of commodities research.
“Mad Money” host Jim Cramer gave his opinion on the news of North Korea’s weapons test.
