Energy Business

Oil Major Repsol to Take $5.3 Billion Charge for Going Green

Madrid-based oil and gas company Repsol on Monday announced that it will eliminate by 2050 all greenhouse gas emissions from its own operations and from the energy it sells to ...
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Why Oil Driller Apache’s Shares Are Tanking

When Apache Corp. (NYSE: APA) announced quarterly results in late October, the company said it was drilling its Maka Central #1 well and expected to reach a planned total depth ...
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Short Sellers Firm Up Positions in Solar, Remain Selective in Alt Energy Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on November 15.  Of the companies we watch, short interest increased in ...
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Short Sellers Making Opportunistic Moves in Energy Stocks 

Crude oil traded around $58.56 a barrel early Wednesday, up more than $1.50 in the past week and creeping up toward a recent high of $62.90 posted on September 16, ...
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The Exxon Mobil of 2020 to 2030 Will Be Quite a Different Company Than in Its Past

It's no secret that it has been hard for investors to make big profits in the oil and gas sector in recent years. Oil stocks haven't exactly screamed higher when ...
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Should Frackers Be Worried About California Ban Being Copied in Other States?

When people who work within or invest in oil and gas within the energy sector hear about a ban on hydraulic fracturing and steam injection, they are probably thinking about ...
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Is HollyFrontier’s Plan for Growth, Shareholder Returns Good Enough?

Shares of refiner HollyFrontier Corp. (NYSE: HFC) traded up about 3% Monday morning following the company's announcement that it plans to build a new biodiesel plant, boost its dividend and ...
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For Saudi Arabia’s Richest, the Aramco IPO Is Payback Time

The Kingdom of Saudi Arabia on Sunday announced that it will not market its initial public offering (IPO) of shares in the country's national oil company, known as Saudi Aramco, ...
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Merrill Lynch Identifies Deepwater Offshore Oil Winners for 2020 and 2021

Oil and gas has been a rough and difficult space for investors. Even though the industry likely has a long future, the investing community hasn't exactly been a big endorser ...
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Short Sellers Add to Stake in Alt Energy Stocks, Drop Solar

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on October 31. Of the companies we watch, short interest decreased on ...
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Short Sellers See Opportunity in Energy Stocks 

Crude oil traded around $57.09 a barrel early Tuesday, basically flat for the past week and still well below a high of $62.90 posted on September 16, the first trading ...
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Pitfalls Hiding in the Saudi Aramco IPO Prospectus

The long-awaited and often-delayed initial public offering (IPO) of Saudi Arabian Oil Company (aka, Saudi Aramco) is about to begin accepting bids for shares in what is by acclamation the ...
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SunPower Poised to Split Into 2 Companies

SunPower Corp. (NASDAQ: SPWR) shares shot up on Monday after the company announced that it plans to separate into two independent, complementary, strategically aligned and publicly traded companies: SunPower and ...
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Stifel Has 5 Energy Stocks Trading Under $10 With Gigantic Upside Potential

While most of Wall Street focuses on large and mega cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares ...
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The Exxon-FuelCell Energy Project: Necessary, but Not Enough

An announcement Wednesday morning that integrated oil giant Exxon Mobil Corp. (NYSE: XOM) has signed a new two-year joint-development with FuelCell Energy Inc. (NASDAQ: FCEL) pushed the floundering fuel cell ...
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