Energy Business

Kinder Morgan Files for Canadian IPO

Energy infrastructure company Kinder Morgan Inc. (NYSE: KMI) has filed documents with the Canadian securities regulator for an initial public offering (IPO) of 102.94 million shares of an indirect subsidiary, ...
Read Full Story »

Short Sellers Hike Bets on Major Oil Stocks

Crude oil had traded above $50 a barrel before early March, and now it is back above this level for the first time in over a month. This level was ...
Read Full Story »

Short Sellers Walking Away From Solar, Piling Into Alt Energy Stocks

Short interest moves among solar and alternative energy stocks were mostly upward during the two-week reporting period that ended on May 15.  Of the companies we watch, short interest rose ...
Read Full Story »

What Analysts Are Saying About NCS Multistage After the Quiet Period

NCS Multistage Holdings Inc. (NASDAQ: NCSM) saw its shares pullback in Tuesday’s session after the company’s quiet period came to an end. NCS originally came public in its late-April initial public ...
Read Full Story »

Can Noble Energy Shares Rise Over 50%?

Merrill Lynch resumed coverage of Noble Energy Inc. (NYSE: NBL) with a Buy rating and assigned a $49 price objective on Tuesday. While the shares closed at $31.09 on Monday, ...
Read Full Story »

4 High-Yielding Diversified Energy MLPs to Buy With Big Summer Potential

With summer right around the corner, and the busy vacation driving season also set to start, some of the top firms on Wall Street are becoming more positive on the ...
Read Full Story »

Should Exxon Mobil Investors Expect 30% Upside in Returns?

When most analysts issue Buy and Outperform ratings on Dow Jones Industrial Average and S&P 500 stocks, the typical projected upside is 8% to 15% at this stage in the ...
Read Full Story »

Analysts Give Positive Opinions on Select Energy Services

Select Energy Services Inc. (NYSE: WTTR) has seen its quiet period come to an end. That allows analysts at the firms in the underwriting syndicate to issue official ratings. So ...
Read Full Story »

Westmoreland Coal Earnings and the Troubles Ahead for Coal

The carnage in the coal industry over the past several years is not exactly news. From the glory days in the middle part of the last decade, big U.S. mining ...
Read Full Story »

Was the Merrill Lynch Downgrade of Chesapeake Justified?

When big brokerage firms make big analyst downgrades, it can create a stir for investors. That does not appear to be the case in Chesapeake Energy Corp. (NYSE: CHK). In ...
Read Full Story »

Why Merrill Lynch Sees Exxon and Noble Outperforming Chesapeake and Other Energy Leaders

Now that many of the nation's biggest energy producers have reported first-quarter results, analysts are reevaluating their ratings and price targets on sector's stocks. The rebalancing of the crude oil ...
Read Full Story »

Short Sellers Wading Back in on Solar, Alt Energy Stocks

Short interest moves among solar and alternative energy stocks were mostly downward during the two-week reporting period that ended on April 28. Of the companies we watch, short interest rose ...
Read Full Story »

Short Sellers Cannot Make Up Their Minds on Major Oil

Crude oil had traded above $50 a barrel before early March. This level was once thought as a support level, but after crude dropped by over 5%, this has been ...
Read Full Story »

Why Plug Power’s Earnings, Revenue Miss May Not Be So Bad

Plug Power Inc. (NASDAQ: PLUG) reported first-quarter 2017 results before markets opened Tuesday. The fuel cell maker reported quarterly diluted net loss per share of $0.13 and revenues of $15.2 ...
Read Full Story »

Vine Resources Updates Underwriters in IPO

Vine Resources has filed an amended Form S-1 with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). There were no pricing details listed in this ...
Read Full Story »