Energy Business

Institutional Interest Keeping Energy Stocks and ETFs Higher as Oil Challenges $60

Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge higher of 2.4% ($1.40) has taken oil back above $60 per barrel. ...
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Why Denbury Resources, Penn Virginia Called Off $1.7 Billion Merger

Practically since the day that Denbury Resources Inc. (NYSE: DNR) and Penn Virginia Corp. (NASDAQ: PVAC) announced a merger valued at $1.7 billion, investment management firm Mangrove Partners has opposed ...
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Canadian Solar Delivers Bright Earnings but Sees Clouds and Rain for 2019

Canadian Solar Inc. (NASDAQ: CSIQ) is one of the stranger earnings reports where things looked good at first blush. Then came the company's guidance, and the reaction has been for ...
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Why SPI Energy Is Booming

SPI Energy Co. (NASDAQ: SPI) has announced that it completed its second-stage acquisition of 100% of the equity interest of Heliohrisi, which owns 1.998 megawatts (MW) of photovoltaic projects in ...
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$75 Oil Possible This Summer: 4 Energy Stocks to Buy Now

One thing has become blatantly obvious as the Organization of the Petroleum Exporting Countries (OPEC) struggled when oil fell back into the $40s in December and January. The organization is ...
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Why Energy ETFs and Energy Leaders Are Finally Shining Again in 2019

It is important to understand that the stock market really is a market full of stocks. Index weightings change over time, and many sectors and their underlying stocks outperform or ...
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Why Raymond James Raised Its Target on Chesapeake Energy

Chesapeake Energy Corp. (NYSE: CHK) had a strong Monday, and its shares opened higher again on Tuesday after a positive analyst report from Raymond James. The firm's James Freeman has ...
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Stifel Says Buy 4 Large-Cap MLPs That Pay Big Dividends

Oil has been somewhat range bound as we head into spring this week, but the good thing for most oil producers is that over the $50 a barrel level most ...
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4 Energy Stocks to Buy With at Least 60% Implied Upside

With a huge run by the various indexes off the December lows, and the first quarter drawing to a close, many investors are shifting some of their portfolios, looking for ...
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Double Analyst Upgrades Helping Baker Hughes

Baker Hughes, a GE Company (NYSE: BHGE) is likely to be considered a GE company for a shorter period than originally had been anticipated. With General Electric Co. (NYSE: GE) ...
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Short Sellers Run for Cover on Major Oil Stocks

Crude oil was trading right around $57 a barrel early on Tuesday. Over the past month, crude has fluctuated, ranging from $53 to $57 a barrel but following the markets ...
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Short Sellers Zero In on Solar, Alternative Fuels Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on February 28. Of the companies we watch, short interest rose on ...
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Why 4 Exploration and Production Energy Stocks May Be Takeover Targets

With the price of oil seemingly range-bound since rallying from the lows, and acreage prices in prime territories like the Permian Basin and the Bakken Shale looking incredibly reasonable, some ...
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Exxon Lifts Capex Plans, Gets Cool Reception From Investors

Oil and gas supermajor Exxon Mobil Corp. (NYSE: XOM) said Wednesday morning that it plans to raise its capital spending target over the next two years to a range of ...
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Chevron Dividend and Buyback Policies Being Boosted by Shale

Chevron Corp. (NYSE: CVX) is making a slightly different presentation and pitch at its 2019 annual analyst meeting than in prior years. The oil giant is targeting higher returns and ...
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