Baytex Energy Corp T.BTE

Interesting not surprising - U Of Texas has Yale in the dust

[BayStreetWolfTO]

U Of Texas Endowment Blows Past Yale, Challenges Harvard As Richest In Nation, Thanks To Oil Investments


https://www.energyexch.com/news/1174992-u-of-texas-endowment-blows-past-yale-challenges

While ivy league universities like Harvard are busy virtue signaling about how they won't be including fossil fuel investments in their endowments, one university has been ignoring the ESG pressure - and has seen its endowment rise to the second largest in the nation as a result. In fact, not only is the University of Texas ignoring ESG guidelines in their investments, they actually "make about $6 million off a mineral-rich swath of land [they] manage in the US’s largest oil field," Bloomberg wrote this week. It leases the land to drillers, including ConocoPhillips, Continental Resources, and about 250 other oil

[mugs19]

Regardless of which university has the largest endowment, why aren't any of those universities being held accountable for the loan/debt cancellation. Their endowments are in the hundreds of millions of dollars (many over a billion dollars). Their enrollment fees continue to rise while the product they put out declines - unless you think the Liberal Arts / Social Indoctrination programs are

[mugs19]

As a follow-up, I would like to add there are many universities with 10s of billions of dollars in their endowment funds. Also: Those same Institutional members contribute to the Democratic Party at a 30-1 ratio versus the Republican Party. Corrupt bribe money being recycled... mugs