Energy Business

Hydrogen fuel cell

Plug Power Squeezes Even More Out of Walmart

The roller coaster ride also known as Plug Power Inc. (NASDAQ: PLUG) got another lift Tuesday following the company's announcement that Wal-Mart Stores Inc. (NYSE: WMT) has added 286 fuel-cell ...
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BP

BP Stock Falters After Earnings on Threat of More Russian Sanctions

BP PLC (NYSE: BP) reported second-quarter 2014 results before markets opened Tuesday. The oil and gas supermajor posted diluted earnings per American Depositary Share (ADS) of $1.09 on revenues of ...
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PBR-logo

Barclays Sees Huge Discounted Value in Petrobras Ahead of Elections

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, has had some unusual victories so far in 2014. After looking as though it might challenge a sub-$10 handle earlier this year, Petrobras ...
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oil rig

Transocean Partners Submits IPO Filing

Transocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common ...
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Oil Tanker

As Russia’s Isolation Grows, Oil Companies Caught in Middle

By Nicholas Cunningham of Oilprice.com The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that ...
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Drilling Rig

Earnings and Buyback Drive Halliburton to New Highs

Halliburton Co. (NYSE: HAL) reported second-quarter 2014 results before markets opened Monday. The oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.91 on revenues of ...
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Offshore drill rig

Obama Administration OKs Oil & Gas Searches Off Atlantic Coast

Saying that the status quo does not meet the “need for action,” the U.S. Bureau of Ocean Energy Management (BOEM) on Friday issued a decision on what the agency will ...
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Solar Farm Desert

SunEdison Spin-Off TerraForm Power Scores Hot IPO

TerraForm Power Inc. (NASDAQ: TERP), another spin-off from SunEdison Inc. (NYSE: SUNE), opened its first day of trading Friday morning at $33.85, more than 33% above its initial public offering ...
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crude oil prices

Deutsche Bank Says Strong Earnings Can Drive Top Oil Service Stock Picks

Despite West Texas Intermediate (WTI) finally poking its nose briefly below $100 a barrel after what seems an eternity, one thing remains a steady constant in the oil services sector. ...
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Drilling Rig

Baker Hughes Grows Earnings Outside North America

Baker Hughes Inc. (NYSE: BHI) reported second-quarter results before markets opened Thursday morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of $0.92 on revenues ...
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Oil pipeline

Kinder Morgan Sinks as Profits Fall

Both Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Kinder Morgan Inc. (NYSE: KMI) reported second-quarter results after markets closed. KMP will pay a distribution of $1.39 per common unit, ...
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solar power

J.P. Morgan Raises Targets on Top Solar Stocks Before Earnings

With second-quarter earnings season off and running, most of the firms that we cover on Wall Street are taking a relatively positive view of not only earnings this quarter, but ...
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crude oil prices

6 Top Energy Stocks Likely to Beat Earnings Estimates

This week the landslide of second-quarter earnings results will start pouring in, and many on Wall Street are expecting some solid numbers across the board. One sector that has had ...
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Merger

Whiting Becomes Biggest Bakken Shale Player With Buyout of Kodiak

Savings and scale appear to be the primary reasons behind the impending merger of Kodiak Oil & Gas Corp. (NYSE: KOG) and Whiting Petroleum Corp. (NYSE: WLL). The two exploration ...
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Solar panel installation on roof of Wallmart

Deutsche Bank’s Top Solar Stocks to Buy on Growing U.S. and China Demand

If any sector is prone to swings, it is the clean energy sector, and this year has been no exception. The Intersolar tradeshow was recently held in San Francisco, and ...
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