Energy Business

What Kinder Morgan’s Dividend Hike Portends

When Kinder Morgan Inc. (NYSE: KMI) reported first-quarter results after markets closed Wednesday, the energy infrastructure company also boosted its dividend by 60% to $0.80 per share annually. The company ...
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Despite Oil Back Above $68 per Barrel, 10 Major Oil and Gas Stocks Still Negative So Far in 2018

With West Texas Intermediate crude oil putting in another strong day, a gain of more than $2 per barrel has put the price of benchmark crude back above $68.50 per ...
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SunTrust Has 5 Stocks to Buy for Higher Oil Prices

After significantly lagging the market for the past couple of years, it is becoming pretty obvious to many across Wall Street that energy may be one of the hottest sectors ...
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What National Oilwell Varco’s Revenue Warning Means

On Friday, shares of National Oilwell Varco Inc. (NYSE: NOV) posted a new 52-week high. Monday morning the company warned that first-quarter revenues are expected to come in at around ...
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Canada’s Trudeau Says Trans Mountain Pipeline ‘Will Be Built’

A week ago, Kinder Morgan Inc. (NYSE: KMI) and its Canadian subsidiary Kinder Morgan Canada called a halt to further work on the proposed C$7.3 billion expansion of the Trans ...
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Why Saudi Aramco Is the World’s Most Profitable Company

Saudi Arabia announced in 2016 that it planned to sell 5% of its state-owned oil company, Saudi Aramco, in an initial public offering (IPO) aimed at raising $100 billion. If ...
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Will Canada Buy Kinder Morgan’s Trans Mountain Pipeline?

The Canadian province of Alberta may be willing to buy the Trans Mountain Pipeline system from Kinder Morgan Inc. (NYSE: KMI) in order to ensure a pathway to the Pacific ...
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8 Top Oil and Gas Stocks That Analysts Think Have Bottomed Out

If any sector has taken a beating this year, it is energy. Whether it is exploration and production companies, large integrated oils, oilfield services leaders or energy master limited partnerships, ...
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Major Oil Stocks Scare Off Short Sellers

Crude oil is back above $66 a barrel after suffering through a rough March, and before this oil had not been at this price level in over two years. We ...
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Short Interest Lags in Solar, Alt Energy Stocks

Short interest among solar and alternative energy stocks largely declined during the two-week reporting period that ended on March 29. Of the companies we watch, short interest fell on two of three ...
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Why RBC’s Preferred MLP Picks Could Have Big Q2 Upside Potential

Even though oil has remained above the $60 a barrel level, the energy master limited partnerships (MLPs) have still languished due to the recent uncertainty cast on the sector by ...
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Why the Safest Place to Be Now Is Large Cap Oil Stocks

If you are experiencing a degree of whiplash from the market volatility, you are not alone, as 500- to 700-point intraday moves are happening with nerve-wracking regularity. However, escaping to ...
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Kinder Morgan Halts Trans Mountain Pipeline Work

The Canadian subsidiary of Kinder Morgan Inc. (NYSE: KMI), Kinder Morgan Canada, announced Sunday that it is suspending "all non-essential activities and related spending on the Trans Mountain Expansion Project." ...
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Crude Oil Price Bounces Around After Mixed Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 4.6 million barrels last week, maintaining a total ...
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5 RBC Global Energy Best Idea Stocks to Buy Now

We cover almost all the top firms on Wall Street, and most do a fine job with overall market coverage. In addition to casting the proverbial broad net, some also ...
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