Even with the major U.S. markets hitting all-time highs, insider buyers were out in full force and gobbling up stock this past week.
24/7 Wall St. tracked numerous upgrades and downgrades, as well as new coverage initiations, in the June 17 week. There was an abnormal amount of these analyst calls in the oil and…
Kinder Morgan has reported that two subsidiaries have received authorization from the Federal Energy Regulatory Commission (FERC) to proceed with the Elba Liquefaction Project near Savannah, Ga.
24/7 Wall St. wanted to cover some of these main MLP calls from Bernstein with Outperform ratings.
The top analyst upgrades, downgrades and initiations seen on Tuesday, February 23, include Annaly Capital Management, Barrick Gold, Cheniere Energy, Fitbit, Dean Foods, Groupon, SolarCity, Twitter and U.S. Steel.
Wednesday's top analyst calls include American Express, Cheniere Energy, Goldcorp, Microsoft, Nucor Energy, Synchrony Financial, Tyco International and Whiting Petroleum.
The United States will enter the market for liquefied natural gas (LNG) later this week when Cheniere Energy begins loading the first tanker ever to export LNG from the lower 48 states.
Paul Ausick Cheniere Energy on Sunday ousted co-founder, chairman, president and CEO Charif Souki and appointed replacements.
The long and deep energy sell-off has brought many 10% owners and executives out to the buy desk. The insider buying volume swamped selling last week.
With just six trading weeks remaining in 2015, and a dip in the market providing better purchase points, the volume of insider buying was about the highest we have seen this fall.
Insider buying continues to swamp insider selling, and ever since the markets started to sell off hard in late August that has been the case.
We have seen some of the lowest insider selling volumes over the past week that we have seen in almost three years.
It just makes sense that if you were an insider looking to unload stock, last week would be probably the worst one in the past five years to do it.
When Chesapeake Energy reported second-quarter results Wednesday morning, the company's reported net loss was greeted with a boost to the share price.
Activist investor Carl Icahn disclosed on Thursday the acquisition of 19.4 million shares of stock in Cheniere Energy, about 8.2% of the company's outstanding shares.
