Energy Business

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Analyst Trims Crude Oil Price, E&P Firms’ EPS Estimates

Lower crude oil prices typically mean lower profits for exploration & production (E&P) companies, and this time around is no different. The recent sharp drop in crude prices has generated ...
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Major Oil Short Interest Still Wary of Falling Prices

Short interest data for major oil stocks was released for the November 14 settlement date. Most of the top oil stocks, with the exception of ConocoPhillips, saw their short interest ...
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oil rig and tanker

SeaDrill Suspends Dividend After Weak Earnings Report

Offshore drilling company SeaDrill Ltd. (NYSE: SDRL) posted third-quarter 2014 results before markets opened on Wednesday morning. The company posted diluted earnings per share (EPS) of $0.31 on revenues of ...
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Are Oil Analysts Getting Too Pessimistic With Lower Oil Prices?

The drop in the price of oil has felt monumental considering that the U.S. economy is still holding up well when the world’s growth engine is idling. This may be ...
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Fracking

Follow the Sand to the Real Fracking Boom

By James Stafford of Oilprice.com When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand ...
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PBR-logo

Petrobras Reveals Receipt of SEC Subpoena

Brazil’s government-controlled oil giant Petroleo Brasileiro SA (NYSE: PBR), or Petrobras, issued a statement Tuesday morning saying that the company had received a subpoena from the U.S. Securities and Exchange ...
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solar panels

Yingli Green Energy Posts Smaller Loss, but Lowers Forecast

Chinese solar PV maker Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) posted third-quarter 2014 results before markets opened on Tuesday morning. The company posted a diluted earnings per American Depositary Share ...
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Gas pipeline

How Analysts Rate Shell Midstream Partners

The quiet period for Shell Midstream Partners, L.P. (NYSE: SHLX) has been lifted and analysts are beginning to weigh in on the company and its post-IPO performance. While oil prices ...
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Solar rooftop installation

Trina Solar Revenues, Margins Weak; Forecast Is Even Weaker

Chinese solar PV maker Trina Solar Ltd. (NYSE: TSL) posted third-quarter 2014 results before markets opened on Monday. The company posted diluted earnings per American Depositary Share (ADS) of $0.14, ...
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Offshore drill rig

Petrobras Stock Recovers 8% on Some Good News

Listing all the troubles that have hit Petrobras, formally Petroleo Brasileiro S.A. (NYSE: PBR), over the past several years would take a long time. Better just to look at the ...
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Alternative Energy sources

Analyst Sees 50% More Upside in SunEdison After First Wind Acquisition

SunEdison Inc. (NYSE: SUNE) is getting a steal of a deal in its acquisition, along with TerraForm Power Inc. (NASDAQ: TERP), of First Wind. That is the take of Merrill ...
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KMI Tanker

How MLP Funds and ETFs Will Treat Kinder Morgan Holdings Post-Merger

Kinder Morgan Inc. (NYSE: KMI) is just about to hold its special meeting to vote on a monumental merger. The Kinder Morgan operating company is about to roll up its ...
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Drilling Rig

Analyst Sees Post-Merger Halliburton Worth Less Than Before

The just-announced $35 billion acquisition of Baker Hughes Inc. (NYSE: BHI) by Halliburton Co. (NYSE: HAL) may be a hit in the long term, but at least one research firm ...
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solar power

Is the Solar Industry Really Getting Well?

In 2013 the global solar panel industry installed about 39,000 megawatts of new modules. At least one industry analysis firm, NPD Solarbuzz, estimates the solar photovoltaic (PV) demand will rise ...
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Did Halliburton Get a Steal in the Baker Hughes Buyout?

With oil and gas producers getting set to announce 2015 production and spending targets that everyone expects to be lower than 2014 levels due to the drop in crude oil ...
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