Why should you invest on the Guyana Stock Exchange?

1 month ago
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Finance World Travel

In this video we'll talk about the Guyana Stock Exchange (GSE) and why it’s a good place to invest. The episode features an interview with George Edwards, the General Manager of GSE.
Best stocks in Guyana you can buy from the States:

1. ExxonMobil ( XOM ) has made a groundbreaking announcement, revealing a significant oil and gas discovery in the prolific Stabroek block offshore Guyana.

(ExxonMobil Announces Bluefin Oil Discovery in Guyana)

2. Dril-Quip ( DRQ ) and Innovex Downhole Solutions, Inc. have announced a definitive agreement to merge, creating a unique and innovative energy platform.

Dril-Quip Inc. and TRINPET Guyana Inc. have entered into a License and Services Agreement that includes the construction of a state-of-the-art tubular fabrication, maintenance and storage facility in Georgetown, Guyana.

3. Shell ( SHEL ) a global energy company headquartered in London, recently announced its ambitious plan to divest approximately 500 retail sites annually over the next two years.

Shell is one to watch and brings over 40 years of deepwater development knowledge and downstream experience to Guyana, should it compete and win in the current 14-block licensing round.

4 Chevron ( CVX ) The case is unique as Guyana represents between 60-80% of the $53 billion Chevron offered for Hess, English and other experts have estimated. Exxon clash with Chevron hinges on change of control of Hess' Guyana oil assets.

An Exxon arbitration win would not be the end of the dispute. While Exxon has ruled out buying Hess outright, it has left the door open to bid for its 30% stake in Guyana, to bid for just a piece of it, to get a compensation from Chevron, or to just leave things as they are.

Highlights
📈 The GSE has grown exponentially since it was formed in 2001.
🤑 Dividends on shares are tax-free in Guyana.
💵 There are no capital gains taxes on shares in Guyana.
💰 You don’t need a lot of money to start investing.
👨‍👩‍👧‍👦 Shares can be part of an estate, providing a valuable form of inheritance.

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