Energy Business

Why SolarEdge Is Thursday’s Biggest Earnings Winner

SolarEdge Technologies Inc. (NASDAQ: SEDG) saw its shares make a huge gain on Thursday after the company reported its most recent quarterly results late on Wednesday. The company said that ...
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Why SunPower Stock Is Being Hammered

SunPower Corp. (NASDAQ: SPWR) reported fourth-quarter and full-year 2017 results after markets closed Wednesday. For the quarter, the solar panel maker reported adjusted earnings per share (EPS) of $0.25 on ...
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Phillips 66 Shrinks Warren Buffett’s Dominance With Huge Stock Buyback

As the markets and investors await the release of the top holdings of America's top fund managers and investment gurus, we have already seen news that one of the large ...
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Major Oil Stocks Scare Off Short Sellers

Crude oil reached above $66 a barrel for the first time in over two years in late January and early February. However, the price has dropped significantly since then and ...
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With Oil Down 10% in 2 Weeks, 4 Integrated Dividend Stocks to Buy Now

After a huge run 50% run that started last summer, oil got taken out with the rest of the market over the past couple of weeks and absolutely hammered. Down ...
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Short Interest in Solar, Alt Energy Stocks Mixed as Share Prices Fell

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on January 31. Of the companies we watch, short interest fell on ...
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Exxon Mobil Boosts Reserves in 2017

At the end of 2017, Exxon Mobil Corp. (NYSE: XOM) claimed 21.2 billion barrels of oil equivalent proved reserves, an increase of 6% above the 20 billion barrels the company ...
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Wind Turbine Maker Vestas Plans Solar, Storage Businesses

Denmark-based Vestas Wind Systems A/S plans to add solar power and energy storage products to its world-leading wind turbine business to give the firm a hybrid renewable energy system that ...
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Can Peabody Dividend, Earnings Beat Offset Tame Outlook?

Peabody Energy Corp. (NYSE: BTU) reported fourth-quarter and full-year 2017 results before markets opened Wednesday. The coal miner's diluted earnings per share (EPS) came in at $2.47 on revenues of ...
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NRG Dumps Stake in Yieldco, Other Assets for Nearly $3 Billion

Electric power generator NRG Energy Inc. (NYSE: NRG) announced Wednesday morning that it has agreed to sell its integrated U.S. renewable energy platform, including the controlling stake and 46% economic ...
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BP Earnings Set the Stage for Solid Year Ahead

BP PLC (NYSE: BP) reported fourth-quarter and full-year 2017 results before markets opened Tuesday. For the quarter, the oil and gas supermajor posted adjusted diluted earnings per American depositary share ...
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Wall Street Takes Differing Big Oil Views on Chevron and Exxon After Bad Earnings Reaction

Friday's big sell-off in the stock market felt bad. After all, how could a nearly 666-point drop in the Dow Jones Industrial Average feel good? One issue that drove down ...
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Deutsche Bank Starts Coverage on Top Energy Stocks: 5 to Buy Now

While the stock market was punished on Friday and could be in for more selling this week, oil held its ground for the most part, with West Texas Intermediate crude ...
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How Hess Earnings Disappointed Investors

Hess Corp. (NYSE: HES) reported fourth-quarter and full-year 2017 results before markets opened Monday. For the quarter, the oil and gas producer posted an adjusted diluted net loss per share ...
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Chevron Earnings Fail to Impress Investors

Chevron Corp. (NYSE: CVX) reported fourth-quarter and full-year 2017 results before markets opened Friday. For the quarter, the oil and gas supermajor posted a diluted earnings per share (EPS) of ...
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