Energy Business

Oil platform on sea

As Oil Stabilizes These 4 Stocks Could Be Big Takeover Targets in 2017

What a difference a year can make. This time last year, oil was in the mid $20s and some of the naysayers on Wall Street were saying that the per-barrel ...
Read Full Story »
Nat Gas Field

Does Chesapeake Energy’s Adjusted Profit Signal a Turnaround at Last?

Chesapeake Energy Corp. (NYSE: CHK) reported fourth-quarter and full-year 2016 earnings before markets opened Thursday. For the quarter, the oil and gas exploration and production company posted adjusted earnings per share ...
Read Full Story »
oil tanks

The Other Shoe Drops: Exxon Cuts Reserves Total by 20%

You can't say you weren't warned. After markets closed on Wednesday, Exxon Mobil Corp. (NYSE: XOM) announced that its proved reserves total at the end of 2016 amounted to 20 ...
Read Full Story »
Wind farm

GE Trails Vestas in Global Wind Turbine Market

Total global wind power installed capacity at the end of 2016 was nearly 487,000 megawatts, a one-year gain of just over 54,600 megawatts for the year, according to the Global ...
Read Full Story »
installing solar panels

Why First Solar Crushed Q4 Earnings

First Solar, Inc. (NASDAQ: FSLR) reported its most recently quarterly results after markets closed on Tuesday. The company said that it had $1.24 in earnings per share (EPS) and $480 ...
Read Full Story »
GasStationPump

Exxon Mobil Is Dow’s Biggest Loser in 2017

2017 has been a tough year for Exxon Mobil Corp. (NYSE: XOM). The stock has dropped 9.4% since the beginning of the year, and the energy giant is one of ...
Read Full Story »
Energy Industry

Why Duke Energy Earnings Are Continuing to Slip

Duke Energy Corp. (NYSE: DUK) reported its fourth-quarter financial results before the markets opened on Thursday. Over the past year, the firm’s adjusted results have been driven by favorable weather, ...
Read Full Story »
fracking

RBC Has 4 Top Oil Services Stocks to Buy as Sector Rally Matures

If you were buying oil services this time last year, you had either years of experience in the sector, were a deep value investor with a very long time line, ...
Read Full Story »
Shell Station

High-Yield Oil Stocks May Be Best Way to Play the Sector Now

Even though the worst is probably long since over for the oil industries, and it appears that the OPEC cuts are being implemented, the price of oil has doubled in a ...
Read Full Story »
ThinkstockPhotos-479358058

Exxon Mobil Is the Biggest Dow Loser of 2017

After closing just shy of $91 a share on the first day of trading in 2017, Exxon Mobil Corp. (NYSE: XOM) stock closed Friday nearly 8.6% below that number. The ...
Read Full Story »
Petrobras

Why S&P Raised Rating on Petrobras and Still Stays Cautious on the Company

Credit rating agency Standard & Poor's on Friday raised its corporate credit rating on Petroleo Brasileiro S.A. (NYSE: PBR), commonly known as Petrobras, one notch, from B+ to BB-. The ...
Read Full Story »
oil tanker

Short Sellers Run for Cover From Major Oil

Since Trump has taken the White House, crude oil has been trading above $50, and it seems to have solidified at this price level, which is a step in the ...
Read Full Story »
sustainable energy

Short Interest on the Rise in Solar, Alternative Energy Stocks

Short interest moves among solar and alternative energy stocks were generally upward during the two-week reporting period that ended on January 31. Of the companies we watch, short interest rose on ...
Read Full Story »
green energy

First Solar Now Has Franklin Templeton Funds Among Top Shareholders

If there is one area of President Donald Trump's energy policy that remains under a cloud of confusion, alternative and renewable energy has to fit the bill. This has created ...
Read Full Story »
fracking drilling

Oil Is Going Higher: 3 Red-Hot Permian Basin Stocks to Buy

With OPEC cutting production for the first time in years, demand increasing and very few new oil discoveries, the prospects for crude pricing continues to look bright for 2017 and ...
Read Full Story »