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Stock impact report

Big Oil Is Literally Burning Cash In The Permian [Yahoo! Finance News]

Matador Resources Company (MTDR) 
Last matador resources company earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.matadorresources.com
Global oil giants are facing ever-increasing public pressure and higher levels of scrutiny over their responsibility to curb harmful greenhouse emissions. Yet, in the sprawling oilfields of Texas, New Mexico and North Dakota, an industry-old practice of burning off unwanted natural gas has refused to die. The burning off flaring), as well as the intentional release venting) of natural gas, is proving to be a black eye that Permian producers just can’t get rid of. But investors are paying attention, and ESG environmental, social and governance) investing isn’t just a passing fad--it’s a mega-trend now. Larry Fink, the CEO of BlackRock That, he said, would lead to a significant reallocation of capital--and it’s going to happen a lot sooner than anyone previously expected. “For the first time since WWII we sense a shift in which climate and the environment — not growth — will become the priority of governments and their citizens, as shortages of food, clean water and air become existenti Show less Read more
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