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5 Russian and Asian Energy Stocks With High Profitability, Business Predictability

In light of Chesapeake Energy Corp. (NYSE:CHK) filing for bankruptcy protection over the weekend and strong economic data from Asian and European markets, five energy companies that have shown high profitability and business predictability are Yantai Jereh Oilfield Services Group Co. Ltd. (SZSE:002353), Shaanxi Yanchang Petroleum Chemical Engineering Co. (SHSE:600248), China Aviation Oil Corp. (SGX:G92), PJSC Lukoil (MIC:LKOH) and Pryce Corp. (PHS:PPC) according to the All-in-One Screener, a Premium feature of GuruFocus.

Chesapeake files for Chapter 11 bankruptcy protection

On Sunday, Oklahoma City-based Chesapeake Energy announced in a press release that it voluntarily filed for Chapter 11 protection to facilitate a comprehensive balance sheet restructuring, including the elimination of $7 billion in long-term debt. The company secured $925 million in debtor-in-possession financing per the restructuring support agreement terms.

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Chesapeake also agreed to the principal terms of $2.5 billion in exit financing, which includes a new revolving credit facility of $1.75 billion and a term loan of $750 million. Shares tumbled over 7% following the announcement.

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Crude oil prices soar on strong Asian and European economic data

On Monday, crude oil prices surged on the heels of strong Asian and European economic data, with Brent crude prices up 1.8% to $41.76 per barrel and West Texas Intermediate crude prices up 3.1% to $39.70 per barrel. CNBC reported that overall sentiment in the eurozone improved from 75.7 in June from 67.5 in May according to European Commission data, while industrial company profits in China rose in

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How can high school and college students fill their summer? We’ve got loads of ideas

Zachary Tabatchnikoff was looking forward to working with 9th- and 10th-graders at a Wisconsin summer leadership camp this summer.

But when the pandemic led to the camp being canceled, Tabatchnikoff, 19, was left finding ways to salvage his summer.

He had already spent about eight weeks of his first year in college at home and knew he couldn’t do nothing for several more months.

“I felt like a sloth,” he said. “I needed a schedule, something to keep me busy.”

Tabatchnikoff is not alone. With the pandemic canceling camps, limiting volunteer hours and reducing the amount of jobs available, teens across South Florida are trying to find ways to be productive, earn money or clock volunteer hours.

Volunteer and testing requirements for the class of 2020 to receive an award from the Florida Bright Futures Scholarship Program were lightened, but nothing has been decided for future graduating classes.

Tabatchnikoff got creative. He and a friend decided to team up to run an in-home camp of sorts for younger kids. They planned a full day of activities for five kids from age 3 to 6.

“It actually felt good getting up early,” he said “I felt accomplished.”

Zachary Tabachnikoff and Lindsey Greenstein ran their own in-home camp. Here they are pictured with Benji, 7, Lena, 5 and Cora, 3.
Zachary Tabachnikoff and Lindsey Greenstein ran their own in-home camp. Here they are pictured with Benji, 7, Lena, 5 and Cora, 3.

For Gabriella Bonwitt, 16, losing the opportunity to be a counselor in training at a North Carolina camp has turned into a chance to “get things accomplished.”

She found a job at

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