Energy Business

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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Oil Could Go to $85 in 2020: 3 Top Stocks to Buy Now

Even though oil has stayed above the critical $50 a barrel level for some time now, the energy sector has been a big disappointment this year. While the S&P 500 ...
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Should Occidental Just Try to Give Anadarko Back to Chevron?

There are good mergers, and there are not so good mergers. The reality is that big mergers often take years to unfold before real verdict can be made over whether ...
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Brazil’s Offshore Oil Auction a $17 Billion Flop

A highly anticipated auction for drilling rights in four offshore locations (blocks) in Brazil's massive Santos Basin drew just three bidders. State-controlled oil company Petróleo Brasileiro S.A. (NYSE: PBR), better ...
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Chesapeake Tests Investors’ Patience Again With Bigger Loss, Lower Production

Chesapeake Energy Corp. (NYSE: CHK) reported third-quarter 2019 results before markets opened Tuesday. The oil and gas exploration and production company posted an adjusted net loss per share of $0.11 ...
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What’s Not to Love About Chevron’s Q3 Results?

When Chevron Corp. (NYSE: CVX) reported third-quarter results before markets opened Friday morning, the oil and gas supermajor posted diluted earnings per share (EPS) of $1.36 on total revenues of ...
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Why Exxon’s Massive Earnings Decline Is a Triumph

Exxon Mobil Corp. (NYSE: XOM) reported estimated third-quarter 2019 results before markets opened Friday morning. The integrated oil and gas giant posted quarterly diluted earnings per share (EPS) of $0.75 ...
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What to Expect When Exxon Mobil and Chevron Report Q3 Results Friday

Investors look to be steeling themselves against expected poor third-quarter results when Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) report results before markets open on Friday. There's ...
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After a Big Sell-Off, SunPower’s Earnings May Recapture Investor Attention

Solar power has seen its shares of ups and downs, and SunPower Corp. (NASDAQ: SPWR) has certainly been an example of big ups followed by big downs. With more than ...
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