Chapter 175 The next step is to become an oil tycoon

Herbert was in the ward.

The TV hanging on the wall was playing this year's Democratic presidential candidate Bob Dole's speech in Richmond, Virginia.

In fact, many people know that Zipperton’s re-election this year is almost certain.

Apart from anything else, anyone who has a vested interest in the Internet will support Zipperton.

Because the high-speed Internet was proposed by LaZitton after he took office.

Now the Internet is undoubtedly the number one economic hotspot in the United States and even the world.

Plus, before the Zippergate incident, Zipperton was almost a replica of Kennedy.

Kennedy was once known as the most popular American president among the general public.

A perfect COSPLAY character, with achievements in work after taking office, and also with strong speaking ability and strong affinity.

Whoever goes up at this time is destined to be a runner-up with Zipperton.

Like the real bigwigs within the party, or those who really have the hope of ascending the throne.

No one wants to compete with Zipperton.

Everyone is waiting, after all, it's only another four years.

No matter how outstanding Zipperton is, he will always have to step down.

Only four years.

Can wait.

So Bob Dole was pushed out as Zipperton's running mate to compete with him.

Even many ordinary American politicians can guess these things.

Not to mention everyone present in the ward.

But all the members of the Bush family, including Robin, were shocked after Milo said that.

They still showed happy and surprised smiles.

Because this means that Milo not only knows that Shrub wants to fight again in four years.

And he expressed his support for George's ideas without reservation.

Before this, everyone felt that given his relationship with George.

This shouldn't be a problem.

But now hearing him say this in person is still a happy thing.

Who is Milo now? He not only represents the Blackburn family, but also represents the power of a part of the American church.

He himself is more important. He is the owner of a large media group and is also influential in California.

"Oh! You think so too. Me too!"

Herbert laughed very happily.

George's gentle face also showed a happy smile, and he patted Milo's hand gently, "Thank you for trusting me so much. But I think I can do it."

Both women remained silent.

They just smiled and watched the men's ensuing discussion.

Even brothers settle accounts clearly, let alone nephews and uncles.

Milo will support his uncle in the election, and of course his uncle will not fail to express his opinion.

The real second close cooperation between Shrub and Blackburn only began at this moment.

If there is a second time, there must be a first time.

The first time was when Herbert, who had served as the Elephant Party Whip at the time, helped old Blackburn become the Party Whip.

Robin and Joseph also got married at that time.

At that time, the Bush family was still considered the "moderately progressive" elephant party in the New England region of Massachusetts.

Herbert's father, Prescott Bush, was.

This is why the Bushes married into the Blackburn family.

Because of the roots of the shrub family, if you trace it back, it is also a member of the Mayflower.

Later, Herbert ran to Texas in pursuit of oil and made a successful fortune there.

The Bush family gradually became the "hard conservative" elephant party in Texas.

However, in the mid-1980s, old Blackburn chose to jump ship due to some issues within the Elephant Party.

He allowed his son to join the Donkey Party, which was seen as a betrayal by some within the Elephant Party.

As a result, the relationship between Shrub and the Blackburn family became more distant.

Now the situation is different again.

The Blackburn family is on the rise, and the Bush family is thriving.

Both parties need each other, and it would be foolish not to cooperate at this time.

What Milo likes about the Bush family is that his future uncle hopes to live in the white house.

And their huge influence in the energy industry in Texas.

"You want to buy Phillips Petroleum?"

Herbert looked at Milo with some surprise.

At this time, George also spoke up, "I have to remind you, Milo. Although Phillips Petroleum has been losing money for six consecutive years and its debt ratio is as high as 80%, it is still an energy giant with a market value of more than 30 billion US dollars."

"Even if you only control more than 33.3%, including the premium, you will need to pay at least $12 billion in cash or equivalent stock."

Before becoming governor and chairman of the Rangers.

George is regarded as the successor and has long operated and managed the family's energy industry.

Faced with his uncle's reminder and his grandfather's surprise, Milo tapped his fingers on the sofa.

He smiled and said, "Of course I know all this. I'm not a kid who goes to the supermarket with his parents and only knows how to point at this and that."

In fact, about Phillips Petroleum & Energy.

Milo's knowledge of it was only slightly more detailed than that of the two Texans.

He did his homework before coming.

The company opened in 1917 and is the eighth largest oil company in the United States and the ninth largest energy company in the world.

It has branches and investments in 31 countries and regions around the world.

The company's annual sales are approximately US$15 billion, and it has 17,000 employees worldwide.

As a comprehensive energy company, Phillips Petroleum has a high reputation in offshore drilling, exploration, refining, manufacturing and other fields.

On the downstream side, Phillips Petroleum owns more than 5,000 gas stations and well-known lubricant brands around the world.

Among them, 76 brand synthetic lubricants are ranked fifth among lubricant brands in the United States.

The other two lubricant brands are also household names in the United States.

This is a giant, but not that giant.

It was just the right level for Milo to touch right now.

If it were a little bigger in scale and size.

Then it will be very difficult for Milo, unlike now when it is just a little difficult.

He looked at his grandfather and uncle, thought about it, and revealed some information to them.

"I think……"

He said: "Perhaps you know what happened in Asia this year?"

George was stunned. "Asia? Um... the Strait confrontation at the beginning of the year? I heard that you made a lot of money on military stocks at that time."

Milo smiled and shook his head: "No, although I did make a fortune."

When George saw Milo said no, he immediately started thinking again.

Herbert glanced at his son, then looked at Milo and said, "Financial?"

Sure enough, an old fox is an old fox.

My grandfather is indeed an old hand, even though he didn't continue to serve as the commander-in-chief.

Whether in terms of quick thinking or mastery of American and international intelligence, he is obviously far superior to his uncle George.

"Yes, I participated too and made a few hundred million yuan." Milo said with a smile.

George looked at his father and nephew in confusion.

Asia, and finance? Although he aspires to run for president in four years, he finds it a bit difficult to be the governor of Texas now.

So many times, he didn't understand what was going on outside and needed his father to help him with advice.

We need more help from advisory groups and think tanks.

It is known that Milo made a lot of money this year in the Strait incident across the ocean.

That was a reminder from the advisory group, and it was related to his nephew.

Otherwise George wouldn't have known about it.

So in Asia, there was a financial incident that started in June this year that swept across Southeast Asia and spread to the whole of Asia.

George remembered hearing it, but he made no effort to remember it.

George now has no idea what his father and nephew were discussing.

Fortunately, he is not like his third brother, who is obviously a fool but tries hard to make people think he is a smart person.

George is very self-aware and a very cultured and gentle person.

Since it is something I don’t understand.

He smiled and watched his father and nephew discuss.

“You mean you want to try to get into the energy industry because of the money you made there?”

"Yes."

"Then why Phillips Petroleum? It is the smallest of the giants, but it is still huge."

“Because it’s more appropriate.”

"In fact, I think, Milo, if you want to enter the energy industry, you can first acquire some medium-sized energy companies. For example, Myron Energy and Scott Natural Gas, their market capitalizations are about 5 billion US dollars. I think they are more suitable."

“They’re too small.”

"Then tell me how much money you made in Asia. Since that gives you the confidence to acquire Phillips Petroleum."

"Not a lot. Almost exactly as George said. We can pay a slight premium for 33.3% of Phillips Petroleum in cash."

"WHAT!"

Herbert was a little surprised: "You mean you made 12 billion dollars in Asia this time?"

"Well, I looked at the accounting material report, and the specific number should be 12.535 billion US dollars."

“…”

When I heard my nephew admit that he earned more than 12.5 billion US dollars in Asia in just half a year this year.

George opened his mouth in surprise, he really wanted to say something.

But I don’t know what to say. To use the Internet terminology, I guess I really want to shout “6666”.

"I know you participated, but I didn't expect you to get so much."

Herbert smiled bitterly.

The dollar tide that is reaping the benefits of Asia was first laid out during his tenure.

Many financial loans to Southeast Asian countries were approved by Herbert back then.

Herbert was naturally well aware of this robbery.

That’s right, every dollar tide harvesting robbery operation.

In the end, it’s actually the US President and the Federal Reserve who are on their side!

He just didn't expect that his grandson would get such a big piece of the pie in this robbery! "Maybe it's because I have a keen sense of smell."

The latest novel is published first on Liu9shuba!

Milo shrugged. “They call me the Wall Street Predator now.”

This is also the reason why he personally went to Neon to take charge.

If he just wanted the team to go over there, he would stay in the United States.

It is difficult to direct in that way due to time difference and other factors.

It is absolutely impossible to have such huge profits.

It would be different if he stayed in Neon.

Neon's time zone is basically the same as Southeast Asia and East Asia.

Combined with the fact that he was present at the scene in person, he directly started the robbery.

Moreover, he did not go after the difficult Hong Kong and Russia, and did not suffer any losses in these two places.

Therefore, the profits are naturally that high.

"Twelve billion dollars in cash flow."

Herbert groaned and said, "It's not impossible to consider Phillips Petroleum..."

Phillips Petroleum is indeed large in scale, but it has also been losing money for many years in a row.

Its debts, Herbert remembered, had exceeded twenty billion dollars.

The serious losses have long made the company's shareholders extremely dissatisfied.

However, the shareholders had no place to vent their dissatisfaction and could only rely on constantly replacing senior management to slightly appease their anger.

For example, James Mulvey, who just took office this year, is a vested interest in this matter.

But if he can't bring changes to Phillips Petroleum.

Then next year he will probably follow in the footsteps of his predecessor.

The company's losses are actually related to Phillips Petroleum's tradition and development direction.

It is not an oil company that focuses on sales and technology.

What it is better at is exploration.

Phillips has always loved shopping and exploring around the world.

The debt of more than 20 billion US dollars is accumulated over the years by Phillips from purchasing exploration and mining rights in major oil and natural gas producing areas around the world.

In other words, Phillips Petroleum is heavily in debt.

However, it has a large number of plots of land with exploration and mining rights in many oil and natural gas producing regions around the world.

Especially within the United States.

As far as Herbert knew.

In the Gulf of Mexico alone, Phillips Petroleum spent tens of billions of dollars in the past decade to auction and purchase exploration and mining rights.

Some of them discovered oil and developed it as a profit point for the company.

However, due to limitations in scale and manpower, larger plots of land with exploration and mining rights are still lying on Phillips' asset list.

"I'll have George put you in touch with James Mulvey, the president and COO of Phillips Petroleum."

"At the same time, I will help you contact the Dwylie family and the Kent family. They hold 6.59% and 4.55% of Phillips Petroleum's shares respectively and have always been interested in selling."

Herbert thought for a while and said slowly, "There are other people who also have some shares. I estimate that the total amount I can convince is about 18%-22%."

He looked at his grandson and said, "Besides, you'd better buy some in the secondary market. Phillips Petroleum is a listed company, and its stock price is not very expensive now because of its performance."

Milo nodded, then said, "I have been doing it. In fact, I now own 3.5% of Phillips Petroleum shares. But someone must have discovered that there is a group of guys who are driving up the stock price of Phillips."

Herbert understood.

There are 230,000 traders on Wall Street, plus traders in Chicago, Boston and other places.

In the United States alone, the number of financial practitioners may exceed 500,000.

In addition, the U.S. stock market, bond market, and futures market have always been international markets.

That is to say, in addition to the 500,000 traders and traders in the United States who are watching.

There are at least hundreds of thousands of other financial practitioners around the world who study the U.S. financial markets every day.

Most of these people working in finance are highly intelligent and numerical experts.

Although Phillips Petroleum has a low market value and a high debt ratio.

But because it is an energy giant and has a large number of exploration and mining rights, it can actually be considered a high-quality asset.

There must be a lot of people watching it, so it is normal for Milo's secret actions to be discovered.

"3.5%, plus my 22% in the best case scenario. That's about 25%."

“For the rest, you either have to make a takeover bid or buy them on the secondary market at a premium,” Herbert said.

"Thank you very much, dear grandfather. I am very happy to have 25%."

"Haha, who told you that you are Robin's son?"

Herbert smiled.

"I will always be a member of the bush family."

Milo stated, causing Herbert to smile even more happily.

Seeing the two of them laughing happily, George's head hadn't fully come to his senses yet.

He gave up thinking and just laughed along with his father and nephew.

Anyway, his father won't cheat him and his nephew will help him.

Why think so much?

Just laugh.

The men were all laughing, and the women naturally laughed along.

The spacious and beautiful ward was suddenly filled with everyone's happy laughter.

Now that he was here, Milo was in no hurry to leave.

He would stay here and wait for his grandfather and uncle to introduce him to the executives and shareholders of Phillips Petroleum Company.

The company is headquartered in Texas, in the Energy Corridor area of ​​Houston.

The Energy Corridor is the core area of ​​Houston. It is a special area along Interstate 10, which is 11 kilometers long and covers an area of ​​2,000 acres.

This is Texas' special economic zone and a premier commercial center.

Eleven of the Fortune 500 companies have their headquarters here.

Almost all of the world's major energy companies have set up branches here.

This is the world's largest energy industry cluster and an important center for energy technology research and development.

So the next day, I waited in the hospital in the morning for Herbert to finish the operation.

After all is healthy.

In the afternoon, brothers George and Marvin brought Milo here.

In fact, the third brother Neil wanted to accompany Milo more.

But I'm not here to accompany Milo.

He wanted to take Milo to meet his friends.

He even made an appointment with a group of boss friends.

These bosses and wealthy friends from Texas all wanted to meet Milo Blackburn.

Most of those people are billionaires who have some money in Texas, but they are not really very rich.

They were in Texas and saw that Silicon Valley in California was almost taking off.

One or two, but there is no good way to join in and share the feast.

Now the Godfather of Silicon Valley has come to Texas, and he is the grandson of the Bush family.

George and Jeb are more difficult to get along with, and Marvin is a person who won't release the eagle until he sees the rabbit.

Neil, who was the best at speaking, became their first public relations target.

Hundreds of thousands or even hundreds of thousands of dollars were spent.

Neil felt dizzy and expressed his willingness to help.

He felt that Milo was his nephew.

And Milo doesn't have to do anything or make any promises.

He just wanted Milo to meet these Texas tycoons.

It shouldn’t be difficult.

But after Herbert woke up at noon, he asked George and Marvin to take Milo to the energy corridor.

Jeb was a good boy and chose to stay with his father.

Neil wanted to go with George, but he didn't dare ask his father.

He had no choice but to stay in the hospital with them.

Milo here.

He followed his two uncles directly to the Bush family's oil company located in the energy corridor.

One of them is called "Zapata", which doesn't sound very impressive.

But in fact, there is already a president and a governor.

In a few years, there is a high probability that another president’s offshore oil exploration company will emerge.

When they arrived, James Mulvey, president and chief operating officer of Phillips Petroleum, was waiting for them.

(End of this chapter)