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Newhall Land And Farming Company
 TheNewhall Land and Farming Company is a land management company based in , United States. The company is responsible for the master community planning of Valencia and previously developed other areas such as [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Clarita, California
Santa Clarita (; Spanish for "Little St. Clare") is a city in northwestern Los Angeles County in the U.S. state of California. With a 2020 census population of 228,673, it is the third-largest city by population in Los Angeles County, the 17th-largest in California, and the 99th-largest city in the United States. It is located about northwest of downtown Los Angeles, and occupies of land in the Santa Clarita Valley, along the Santa Clara River. It is a notable example of a U.S. edge city, satellite city, or boomburb. Human settlement of the Santa Clarita Valley dates back to the arrival of the Chumash people, who were displaced by the Tataviam circa 450 AD. After Spanish colonists arrived in Alta California, the Rancho San Francisco was established, covering much of the Santa Clarita Valley. Henry Mayo Newhall purchased the Rancho San Francisco in 1875 and established the towns of Saugus and Newhall. The Newhall Land and Farming Company played a major role in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sacramento Valley
, photo =Sacramento Riverfront.jpg , photo_caption= Sacramento , map_image=Map california central valley.jpg , map_caption= The Central Valley of California , location = California, United States , coordinates = , boundaries = Sierra Nevada (east), Cascade Range, Klamath Mountains (north), Coast Range (west), Sacramento–San Joaquin River Delta (south) , towns = Redding, Chico, Yuba City, Sacramento , watercourses = Sacramento River The Sacramento Valley is the area of the Central Valley of the U.S. state of California that lies north of the Sacramento–San Joaquin River Delta and is drained by the Sacramento River. It encompasses all or parts of ten Northern California counties. Although many areas of the Sacramento Valley are rural, it contains several urban areas, including the state capital, Sacramento. Since 2010, statewide droughts in California have further strained both the Sacramento Valley's and the Sacramento metropolitan region's water security ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Well
An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface. Usually some natural gas is released as associated petroleum gas along with the oil. A well that is designed to produce only gas may be termed a gas well. Wells are created by drilling down into an oil or gas reserve that is then mounted with an extraction device such as a pumpjack which allows extraction from the reserve. Creating the wells can be an expensive process, costing at least hundreds of thousands of dollars, and costing much more when in hard to reach areas, e.g., when creating offshore oil platforms. The process of modern drilling for wells first started in the 19th century, but was made more efficient with advances to oil drilling rigs during the 20th century. Wells are frequently sold or exchanged between different oil and gas companies as an asset – in large part because during falls in price of oil and gas, a well may be unproductive, but if pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newhall Ranch, California
Valencia is an unincorporated community in northwestern Los Angeles County, California. This area, with major commercial and industrial parks, straddles State Route 126 and the Santa Clara River. Development projects continue to be built in the unincorporated area. A major expansion of Valencia is under construction with new residential neighborhoods and the expansion of commerce and industrial developments. Spanning the Santa Clara River, the massive Newhall Ranch development was conceived by the Newhall Land land management company in the 1980s. After lengthy delays due to environmental challenges and change of investors, the project broke ground in 2017 and was renamed FivePoint-Valencia. The new development is directly west of Six Flags Magic Mountain. History The area is the traditional lands of Native Americans. The Tataviam people migrated in here in 450 CE when the Chumash people were living here. Newhall Ranch development Newhall Ranch was ranched and farmed until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pico Canyon Oilfield
Well No. 4, Pico Canyon Oilfield, located about seven miles (11 km) west of Newhall, California, in the Santa Susana Mountains, was the first commercially successful oil well in the Western United States and is considered the birthplace of California's oil industry. Drilled in 1876, it turned nearby Newhall into a boomtown and also spawned a smaller boomtown called Mentryville adjacent to the drilling site. Well No. 4 continued in operation for 114 years until it was capped in 1990. The site was designated a National Historic Landmark in 1966, and the Mentryville ghost town is now open to the public as a historic park. Early history of oil drilling in California Following the oil strike at Drake Oil Well in Pennsylvania in 1859, there was a short-lived oil drilling boom in California, but this was wiped out in 1867 when eastern oil could be sold cheaper. At the end of the first boom, 75 companies had drilled 60 wells in California, spending $1 million to produce $60,000 wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crude Oil
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasoli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ygnacio Del Valle
Ygnacio Ramón de Jesus del Valle (July 1, 1808 – 1880) was a Californio ranchero and politician. He owned much of the Santa Clarita Valley and served briefly as Mayor of Los Angeles and as a California State Assemblyman. Early life Del Valle was born in Jalisco, Mexico. His father, Antonio del Valle, was a soldier in the Spanish army who came to California in 1819 and was mayordomo (administrator and/or foreman) of Mission San Fernando Rey de España. Ygnacio joined the army as a cadet in 1825 at the Presidio of Santa Barbara. In 1828 he was promoted to second lieutenant and transferred to the Presidio of San Diego. In 1832, his commander became involved in a power struggle with the commandant of the Presidio of Monterey, where Antonio served. Ygnacio's side won the conflict on the battlefield, causing a rift between father and son, and they never spoke again. Ygnacio then moved to the Monterey Presidio and was in charge of the secularization of Mission Santa Cruz and Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speculation
In finance, speculation is the purchase of an asset (a commodity, goods, or real estate) with the hope that it will become more valuable shortly. (It can also refer to short sales in which the speculator hopes for a decline in value.) Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. In principle, speculation can involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bonds, commodity futures, currencies, fine art, collectibles, real estate, and derivatives. Speculators play one of four primary roles in financial markets, along with hedgers, who engage in transactions to offset some other pre-existing risk, arbitrageus who seek to profit from situations where fungible instruments trade at different prices in different market segments, and investors who seek profit through long-term ownership of an instrument's underlying attributes. Hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax dedu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Francisco, California
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and ''Baghdad by the Bay''. San Francisco and the surrounding San Francisco Bay Area are a global center of economic activity and the arts and sciences, spurred ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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