Monday, August 31, 2015

Enbridge Inc. - ENB.t

Enbridge Inc. - ENB.t transports and delivers energy through pipeline networks across the continent.

Enbridge operates the world's longest and most sophisticated crude oil and liquids transportation system, shipping more than 2 million barrels of crude oil and billions of cubic feet of natural gas daily.

On July 31, 2015 the company reported numbers

Enbridge Reports Second Quarter Adjusted Earnings of $505 Million or $0.60 Per Common Share and Available Cash Flow From Operations of $808 Million or $0.96 Per Common Share

•Second quarter earnings were $577 million and six months earnings were $194 million, both including the impact of a number of unusual, non-recurring or non-operating factors

•Second quarter and six months adjusted earnings were $505 million and $973 million, respectively, or $0.60 and $1.15 per common share, respectively

•Second quarter and six months available cash flow from operations were $808 million and $1,610 million, respectively, or $0.96 and $1.91 per common share, respectively

•Enbridge announced 2015 available cash flow from operations guidance of $3.30 to $4.00 per common share

•Enbridge reached agreement with Enbridge Income Fund to transfer its Canadian liquids pipelines business and Canadian renewable energy assets for $30.4 billion plus incentive distribution and temporary performance distribution rights

•Since the end of 2014, Enbridge has completed approximately $3 billion of projects and is on track to complete another $5 billion by the end of 2015

•A non-cash goodwill impairment charge of $440 million ($167 million after-tax attributable to Enbridge) related to Enbridge Energy Partners, L.P.'s natural gas and natural gas liquids businesses was recorded in the second quarter

Enbridge Inc. (Enbridge or the Company) (TSX:ENB)(NYSE:ENB) announced second quarter adjusted earnings of $505 million or $0.60 per common share. Available cash flow from operations (ACFFO) increased to $808 million, or $0.96 per common share, from $516 million, or $0.63 per common share for the second quarter of 2014.

"At the halfway point in the year, we're pleased to report solid second quarter and six-month results," said Al Monaco, President and Chief Executive Officer. "Enbridge's strong adjusted earnings and cash flow growth reflect the strength of our core assets and the ongoing successful execution of our growth capital program. We remain solidly on track to be within our full year adjusted earnings guidance range of $2.05 to $2.35 per share."


Sunday, August 30, 2015

World's largest Oil Companies

1. Saudi Aramco - 12 million boepd.

2. Gazprom - 8.3 million boepd
3. National Iranian Oil Co. - 6 million boepd.

4. Exxon Mobil - 4.7 million boepd
5. Rosneft - 4.7 million boepd

6. PetroChina - 4 million boepd
7. BP - 3.7 million boepd

8. Royal Dutch Shell - 3.7 million boepd

9. Petroleos Mexicanos - 3.6 million boepd

10. Kuwait Petroleum Corp. - 3.4 million boepd
11. Chevron - 3.3 million boepd

12. Abu Dhabi National Oil Co. - 3.1 million boepd
13. Total - 2.5 million boepd

14. Petrobras - 2.4 million boepd

15. Qatar Petroleum - 2.4 million boepd

16. Lukoil - 2.3 million boepd




Christies' - Out Of The Ordinary Auction

First printing concert poster Grateful Dead, Avalon Ballroom, San Francisco, 1966, more commonly known as the Skull and Roses. Est £6,000 – £9,000
On September 10, Christie’s South Kensington will host the third annual Out of the Ordinary auction, celebrating all things extraordinary and unusual. This auction presents collectors with a wealth of unique and fascinating items.

A framed mosaic of the lunar surface. NASA Lunar Orbiter V, 1967. The view of the lunar crater Copernicus formed of 24 silver gelatin prints. Est £30,000 – £50,000

A Life-size prototype of a gorilla. Dr. Louis Thomas Jérôme Auzoux, circa 1863 made from articulated papier-mâché parts. Est £80,000 – £120,000

A mutoscope reel machine, 'What the butler missed." Circa 1930'S The painted sheet iron drum containing flip-book cards operating by a brass handle and coin in the slot mechanism. Est £2,000 – £4,000

A brass-mounted oak 'TEST YOUR STRENGTH' punching bag machine. CIRCA 1930S. Est £5,000 – £8,000

Ethan Hunt's CIA suspension suit from MISSION:IMPOSSIBLE 1996. A rubber headset and black rimmed glasses, latex surgical gloves, black canvas jacket, t-shirt and jogging bottoms, black lace-up boots. Est £5,000 – £7,000

A chastity belt, (girdle of Venus) Entirely of iron, formed of two pierced plates hinged in the center, the front plate with serrated border to the principle opening, each bordered by small lining-holes, with hinged waist-band, and secured by a bar and spherical padlock. 19th century. Est £700 – £1,000

A pair of fossilized giant deer antlers. CIRCA 10,500-5,700 B.C. Est £15,000 – £25,000

Fossilized scallops. Southern France. From the Miocene (23-5 million years ago). Est. £6,000 – £9,000

Exceptionally preserved Plesiosaur skull from the Middle Jurassic (circa 165 million years ago) Est £60,000 – £90,000

Two Janapense carved nut 'demon' head ashtrays. Meiji period (1868-1912) Each ashtray modelled as open mouthed demon, with inset mother-of-pearl eyes and bone teeth. Est £600 – £800

A silver replica of American football helmet. 1993.

A William IV silver-gilt cigarette box. 1836. inscribed, 'To Edmund Cork with affection and gratitude for his help and friendship over many years from Agatha Christie April 1959' Est £4,000 – £6,000

A rare Beatles portable four-speed record player, 1964, the blue case with hinged lid decorated with a colour portrait of the Beatles. Est £2,000 – £4,000

A Japanese blue-laced armour. 20TH CENTURY. The do-maru type armour with a thirty plate ridged helmet with gilt stylised horns. Est £3,000 – £5,000

A Murano glass bowl. Second half of the 20TH century. Est £1,500 – £2,500