Energy Business - Page 2

IPO

Jagged Peak Energy Files for IPO

Jagged Peak Energy has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing terms were given in the filing, ...
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windfarm

IC Power Gears Up for IPO

IC Power PTE has filed its fourth-amended F-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No terms were given in the filing, ...
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fracking drilling

Callon Petroleum Adds to Permian Stake, Issues More Shares to Pay the Bill

Independent oil and gas producer Callon Petroleum Co. (NYSE: CPE) announced late Tuesday that its operating subsidiary has entered a definitive agreement to acquire about 27,552 gross surface acres and ...
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IPO

Keane Group Files for IPO

Keane Group has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company did not list any pricing details in the ...
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Credit Suisse Has 5 Top Pick Energy MLPs for 2017

Top pundits and prognosticators on Wall Street thought it was virtually impossible to ever get the Organization of the Petroleum Exporting Countries and non-OPEC oil-producing nations to agree on a ...
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oil tanker

Short Sellers Run for Cover From Major Oil Stocks

The short interest data have been released for the November 30 settlement date. After the election was decided with the Republican candidate taking the White House, short interest for major ...
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green energy

Short Interest in Solar, Alt Energy Stocks Slips

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on November 30. Of the companies we watch, short interest fell on ...
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Propane tank

Ferrellgas Soars on Smaller-Than-Expected Loss

Ferrellgas Partners L.P. (NYSE: FGP) reported first-quarter fiscal 2017 results before markets opened Friday morning. The propane distributor reported a diluted loss per common unit of $0.44 on revenues of ...
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fracking drilling

Permian Basin Leaders Among JPMorgan Top Large Cap 2017 Energy Picks

One thing we have learned as the energy sector fights back from a huge sell-off that started in the fall of 2014 and bottomed last February is that increasingly the top ...
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installing solar panels

Morgan Stanley ‘Cautious’ on Solar Industry, SunPower

In a research update published Thursday morning, analysts at Morgan Stanley weighed in on the SunPower Corp. (NASDAQ: SPWR) restructuring plan the company offered on Wednesday. SunPower said it would ...
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Oil platform on sea

JPMorgan Out With Top 2017 Oil Services Picks: 6 to Buy Now

What a wild ride 2016 has been for the energy industry. We started the year in a downward spiral, with oil prices bottoming in the mid $20s in February, and ...
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Pipeline

Will Kinder Morgan’s 2017 Budget Plan Get Derailed?

Oil and gas midstream giant Kinder Morgan Inc. (NYSE: KMI) announced after markets closed on Monday its preliminary financial projections for the coming year. The company said it expects to generate ...
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Analysts Keep Upgrading Oil & Gas Stocks in Wake of OPEC Production Cuts

Last week's oil production cut announced by OPEC has really put in a solid floor for oil stocks. Some of the second tier and offshore drillers and exploration companies even ...
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fracking drilling

Chesapeake Energy Reaches $2 Billion in Asset Sales for 2016

Shares of Chesapeake Energy Corp. (NYSE: CHK) rose to within 53 cents of the stock's 52-week high Monday morning, following the announcement that the oil and gas producer is selling ...
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Silhouette of an oil worker using machinery at sunset

15 Major Oil and Gas Analyst Upgrades After OPEC Production Cuts

The week of November 28 to December 2 was less robust in the equity markets than in prior weeks since the election, but do not dare tell that to the oil ...
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