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Brochure Supplement Joe Estes
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Own Your Practice
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contact us
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Back Dated Performance Reports
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Par, Premium, and Discount Bonds
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Refunding & Pre-refunding
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Yield Curve
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Unsecured Bonds
Debentures
Subordinated Debentures
Zero-Coupon Bonds
Convertible Bonds
High Yield Dividend Stocks
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Client's Responsibilities
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Implementation
Legal Services
Termination
MUNICIPAL BONDS
Municipal Bond Presentation
About Us
The Management
Global Asset Allocation Products
FIP Program
Classifying Municipal Bonds
Revenue Bonds
Credit Factors Affecting General Obligation Bonds
Credit Factors Affecting the Quality of Local Municipal Bonds
Analyzing the Credit Quality of General Obligation Bonds
Analyzing the Credit Quality of Revenue Municipal Bonds
What We Normally Buy
What We Normally Don’t Buy
Municipal Bonds – Unique Asset Class
Default Rates
Yield Difference
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same-Day Allocation
TSL’s Turnkey Operation Platform
Classifying Municipal Bonds
Revenue Municipal Bonds
Types of Revenue Municipal Bonds
Industrial Development Revenue Bonds
Lease-back Bonds
Special Tax Bonds
NHA/PHA Bonds
Moral Obligation Bonds
Municipal Notes
TANs/RANs
BANs
CLNs/GANs
Variable Rate Bonds/Notes
Build America Bonds
Double-Barreled Bonds
Bond Index Components
Open-end-Closed-end-Indenture
Sinking Fund
Bond Contracts
Bond Indenture
Official Statement
Bond Issuance Process
Analyzing GO Bonds
Analyzing Revenue Bonds
Debt Ratios
General Price Analysis of Municipal Bonds
Liquidity
Interest Rate Risk
Credit Risk
Coupon Risk
Maturity Risk
Municipal Bond Insurance
Municipal Bonds Unique Asset Class
Default Rates
What We Buy Currently
What We Normally Don’t Buy
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same Day Allocation
Traditional Broker/Dealer Execution Flow
TSL's Turnkey Operation Platform
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Investing During Uncertain Times
Read FULL Seminar Here
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Strive U.S. Energy ETF
(NY:
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32.48
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Updated: 7:00 PM EST, Feb 3, 2026
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Chevron’s Price Target Upped At Jefferies On Higher Earnings Forecast
↗
January 14, 2026
Via
Stocktwits
Chevron Seeks Voice In Venture Global's LNG Extension Request, Tensions Escalate
↗
October 15, 2025
Chevron requested a say in Venture Global's proposal to delay Plaquemines LNG's startup, intensifying tensions over the Louisiana export terminal's revised 2027 timeline.
Via
Benzinga
Chevron To Kick Off Korikori-1 Drilling Offshore Suriname
↗
October 09, 2025
Chevron Suriname to begin Korikori-1 well drilling this month in Block 5, with a goal to assess offshore reserves in Suriname-Guyana Basin.
Via
Benzinga
3 ETFs to Buy as the One Big Beautiful Bill Rolls Out
↗
July 21, 2025
Three ETFs with unique focuses on domestic defense, manufacturing, and energy could be positioned to benefit as the One Big Beautiful Bill takes effect.
Via
MarketBeat
Topics
ETFs
Government
Exxon Mobil Says Deal With Japan's Marubeni To Boost Global Energy Supply
↗
May 08, 2025
ExxonMobil (XOM) and Marubeni Corporation signed a long-term deal for Marubeni to purchase 250,000 tonnes of low-carbon ammonia annually from ExxonMobil's Baytown, Texas facility.
Via
Benzinga
Analysts Still Like Chevron, Cite Strong FCF & Balance Sheet As Key Amid OPEC And Recession Fears
↗
May 05, 2025
B of A Securities analyst maintains Buy rating on Chevron Corp. despite mixed Q1 earnings. Reiterates attractive investment due to strong cash flow and financial position. RBC Capital Markets also...
Via
Benzinga
Topics
Economy
Exxon Mobil Q1: Steady Production, Focus On Cost Cuts And Stock Buyback
↗
May 02, 2025
XOM up on Q1 results, lower revenues & income, lower production, declining net profit & EPS, savings target, dividend per share of $0.99
Via
Benzinga
Chevron Q1 Profit Drops On Higher Costs, Weak International Margins
↗
May 02, 2025
Chevron's premarket shares lower after Q1 results missed consensus, adjusted net earnings at $3.8 billion, quarterly dividend at $1.71 per share.
Via
Benzinga
Chevron & TotalEnergies Fire Up Ballymore: Deepwater Gulf Project Targeting 150 Million Barrels Over Life
↗
April 21, 2025
Chevron has started production from Ballymore project in the Gulf of Mexico. It is expected to deliver 75,000 barrels/day and marks Chevron's first in the Norphlet trend.
Via
Benzinga
Chevron Meeting Takeaways: Goldman Sachs Analyst Highlights Expectations For Volume And FCF Inflection
↗
March 05, 2025
Goldman Sachs analyst Mehta discusses Chevron's operational updates, cost reduction initiatives and free cash flow.
Via
Benzinga
Chevron's Free Cash Flow Outlook Tops Estimates—Goldman Sachs Sees Upside
↗
January 31, 2025
GS analyst Neil Mehta expresses views on Chevron's Q4 earnings, $52.23B in revenue beats consensus, adjusted EPS misses at $2.06, dividend raised by 5%.
Via
Benzinga
Chevron Q4 Earnings: Profits Decline Amid Lower Oil Output, Dividend Hike Offers Silver Lining
↗
January 31, 2025
CVX shares down after Q4 results: Revenue of $52.23B beat consensus of $46.75B. Production down in Q4, up 7% in 2024. Adjusted EPS of $2.06 misses consensus. Dividend increased by 5%.
Via
Benzinga
Chevron Strikes Oil Milestone In Tengiz: Future Growth Project In Kazakhstan Boosts Output
↗
January 24, 2025
Chevron Corporation (NYSE:CVX) disclosed that its 50% owned affiliate, Tengizchevroil LLP (TCO), has begun oil production at the Future ...
Via
Benzinga
Chevron Kicks Off Whale Oil Production: Details
↗
January 09, 2025
Chevron starts oil production from Whale platform in deepwater Gulf of Mexico. Estimated peak production is 100,000 gross boe/d, with up to 15 wells in the first phase of development.
Via
Benzinga
Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst
↗
December 12, 2024
Neutral rating and $125 price target by Goldman Sachs analyst, Exxon Mobil plans to increase earnings and cash flow by $20 billion and $30 billion respectively by 2030.
Via
Benzinga
Chevron Upgrades Pasadena Refinery, Supports US Gulf Coast Fuel Supply Growth
↗
December 10, 2024
Chevron completed an upgrade of its Texas refinery, increasing processing capacity and product flexibility.
Via
Benzinga
Chevron Eyes $15.5 Billion Capex for 2025, Anticipates Upto $1.5 Billion Charges In Q4
↗
December 06, 2024
Chevron (CVX) released Q4 updates and 2025 organic capex budget. Expects restructuring charge and $0.4-0.6B in charges. Plans to reduce costs by 2026.
Via
Benzinga
ExxonMobil Plans $200 Million Expansion To Tackle Plastic Waste: Details
↗
November 21, 2024
ExxonMobil to invest $200 million to expand recycling operations in Baytown and Beaumont, targeting 1 billion pounds of global capacity by 2027.
Via
Benzinga
Exxon Mobil's Lithium Leap: 100,000 Metric Tons To Fuel LG Chem's US Plant
↗
November 20, 2024
Exxon Mobil inked a MOU with LG Chem for supplying up to 100,000 metric tons of lithium carbonate to its cathode plant in Tennessee. This aims to strengthen LG Chem's supply chain and reduce...
Via
Benzinga
Topics
Economy
Exxon Mobil Sells $1 Billion in Permian Basin Assets to Focus on Shale: Report
↗
November 12, 2024
Exxon Mobil to sell $1 billion Permian Basin assets to focus on shale production, aligning with strategy to invest in high-value assets.
Via
Benzinga
Oil Prices Spike By Over 3% As OPEC+ Delays Production Increases Ahead Of US Elections: 5 Energy ETFs To Watch Monday
↗
November 04, 2024
The Biden-Harris administration has imposed extensive sanctions on Russia; a second Trump administration would likely nix those sanctions.
Via
Benzinga
Topics
ETFs
Government
Exxon Q3 Earnings: $11.3 Billion Cost Savings, Rising Production, Dividend Hike And More
↗
November 01, 2024
Exxon Mobil reports Q3 results with adjusted net profit of $8.61 billion and increased production, plans to deliver cost savings and boost dividend and maintain capital and exploration expenditures for...
Via
Benzinga
Chevron Q3 Earnings: Production Boost By PDC Energy & Permian Basin, Targets $2-$3 Billion In Structural Savings By 2026
↗
November 01, 2024
Chevron Corp reported Q3 results, with adjusted net earnings of $4.53 billion, and a quarterly dividend of $1.63 per share. The company plans to reduce costs and divest assets to improve performance.
Via
Benzinga
Exxon Mobil's Golden Pass LNG Plant Gets 3-Year Extension Amid Contractor Challenges: Report
↗
October 25, 2024
Exxon and Qatar Energy's LNG plant gets 3-year extension to complete due to bankruptcy of lead contractor, faces Q3 earnings hit due to oil price changes.
Via
Benzinga
Topics
Bankruptcy
ExxonMobil & HELLEniQ ENERGY JV Completes First Exploration Phase In Crete, Eyes Next Steps
↗
October 10, 2024
Exxon Mobil and HELLEniQ ENERGY complete first exploration phase in Southwest Crete and proceed with second phase, surpassing investment requirement.
Via
Benzinga
Chevron Sells $6.5B Assets To Canadian Natural Resources: Details
↗
October 07, 2024
Chevron and Canadian Natural Resources reached a $6.5 billion deal for Chevron's stake in oil and gas projects, part of Chevron's plan to divest assets.
Via
Benzinga
Middle East Tensions Lift Energy ETFs: Will The Rally Last?
↗
October 05, 2024
The energy market is grappling with concerns over slowing demand and fears of a surplus next year.
Via
Talk Markets
Exxon Mobil Braces For Q3 Earnings Hit As Oil Price Swings Bite Into Profits
↗
October 04, 2024
Exxon Mobil revealed 3Q earnings impact due to reduction in oil prices. Analysts project $1.97 EPS and $96.136B revenue.
Via
Benzinga
Chevron, Honeywell Join Forces For AI Breakthrough: Details
↗
October 01, 2024
Chevron Corporation and Honeywell International Inc. partner to develop advanced AI-assisted solutions for refining processes and industrial automation, enhancing decision-making and safety.
Via
Benzinga
Topics
Artificial Intelligence
ExxonMobil's $1.28B Nigerian Asset Sale Deal Nears Completion
↗
October 01, 2024
Exxon Mobil's asset sale deal with Seplat Energy in Nigeria could be approved in a few days, reaffirmed by Nigeria's President.
Via
Benzinga
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