UPDATE: Biden To Float Windfall Tax On Energy Producers - AP
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Price: $164.55 +2.24%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.2%
Revenue Growth %: -100.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.2%
Revenue Growth %: -100.0%
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(Updated - October 31, 2022 12:04 PM EDT)
President Joe Biden on Monday will raise the possibility of imposing a windfall tax on energy companies as he seeks to pressure energy companies to lower prices for consumers, according to a report from AP, citing a person familiar with the matter.
U.S. listed energy companies reacted negatively to the headline.
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