Energy Business

Jefferies Raises Price Targets on 3 Supermajor Oil Stocks to Buy

After trading in a tight range for the better part of 2017, oil looks to have finally broken out over the psychological $50 a barrel level, and given the massive ...
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RBC Sees Huge 2018 Potential for 4 Top Refining Stocks

A few years ago, some of the hottest stocks in the energy sector were the refiners, as high prices pushed production and refining needs. Then along came a huge drop ...
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Kinder Morgan Earnings, Revenues Solid, Forecast on Target

Kinder Morgan Inc. (NYSE: KMI) reported third-quarter 2017 results after markets closed Wednesday. The midstream giant posted adjusted earnings per share (EPS) of $0.15 per share on revenues of $3.28 ...
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Exxon Mobil Expands With Permian Basin Terminal Acquisition

It seems like Exxon Mobil Corp. (NYSE: XOM) is located in just about every major oil and gas effort around the planet. After all, it is the largest American oil ...
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Merrill Lynch Has 4 New Energy Stocks to Buy as Tensions Push Oil Higher

There was already more than enough global macro worries to go around before the Iraqi army pushed into the Kurdish territories to seize military bases and oil fields in the ...
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Why There Are Growing Worries About the Saudi Aramco IPO

If a company is coming public for the first time ever with a market cap that was rumored to be more than $1 trillion, or anywhere close to it, there ...
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Jefferies Out With 5 New Top Pick Energy Stocks to Buy

Oil and the energy sector has been a fickle mistress in recent years. After soaring to over $100 a barrel, the black gold then proceeded to come crashing back to ...
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How Texas Coal Plant Closure Affects Peabody Energy

Last Friday, Vistra Energy Corp. (NYSE: VST) subsidiary Luminant announced that it will close its 1,800-megawatt (MW) coal-fired Monticello power plant located in the northeast corner of Texas. For Vistra ...
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Major Oil Scares Off Short Sellers

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number. If the price can hold near this ...
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RBC Has 4 Energy Best Idea Stocks to Buy Now

With the market consistently hitting all-time highs, many investors are having a hard time finding stocks and sectors that still offer value. While there are some exceptions, one of the ...
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Short Interest in First Solar Down by Half, Alt Energy Mixed

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on September 29. Of the companies we watch, short interest fell on ...
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What’s Up With the Jump in Kinder Morgan Short Interest?

In the two-week period ending September 29, shares of Kinder Morgan Inc. (NYSE: KMI) traded nearly flat, down just 0.8%. At the same time, short interest jumped by more than ...
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3 Solar Stocks to Buy May Have Massive Upside Potential

We have heard for years how solar could actually become a large part of our energy production and use, and how the clean nature of it would help in reducing ...
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TransCanada Ends 2 Pipeline Projects, Citing ‘Changed Circumstances’

Oil pipeline operator TransCanada Corp. (NYSE: TRP) announced this morning that it will cease development efforts on two proposed pipeline projects that would have transported crude oil from the oil ...
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Natural Gas Price Steady on Smaller-Than-Expected Storage Injection

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 42 billion cubic feet for the week ending September 29. Analysts were expecting a ...
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