Energy Business

Green Plains Drives Ethanol Into Dividend Hall of Shame

It's one thing when a company sells more debt to fund operations. It's another thing entirely when a company sells more debt and also announces that it is suspending its ...
Read Full Story »

Canadian Government Greenlights Pipeline Expansion

Canada's Prime Minister, Justin Trudeau, and his Liberal government have approved the proposed expansion of the controversial Trans Mountain Pipeline that carries crude oil from the oil sands of western ...
Read Full Story »

Goldman Sachs Adds to Residential Solar Excitement and Upside Ahead

There has been big news in the world of electric power in recent days. The electric capacity of clean and renewable energy has now surpassed the electric capacity of coal ...
Read Full Story »

SunTrust Has Contrarian Energy Calls for a Nervous and Expensive Market

When you combine a fully valued stock market, with an inverted yield curve, and then toss in a big serving of trade issues, topped off by slowing market volume as ...
Read Full Story »

Short Sellers Don’t Believe Low Crude Prices Will Last

Crude oil traded at around $52 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from a high ...
Read Full Story »

Short Sellers Still Uncertain About Alternative Energy, Solar Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on May 31. Of the companies we watch, short interest decreased on ...
Read Full Story »

Stifel Says Energy Stocks Are Historically Cheap With Huge Upside Potential

After plunging into the low $40s per barrel late last year, oil prices had rallied sharply, but recently West Texas Intermediate crude has slid back under the $60 level. While ...
Read Full Story »

Exxon Mobil Annual Meeting Shoots Down 7 Shareholder Proposals

This is pretty much how all companies would like shareholder votes to turn out. At the annual general meeting Wednesday, Exxon Mobil Corp. (NYSE: XOM) approved two of nine shareholder ...
Read Full Story »

Short Sellers Double Their Positions in One Energy Stock

Crude oil traded at around $59 a barrel early Tuesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from around $64 ...
Read Full Story »

Short Sellers Shuffle the Deck on Alternative Energy, Solar Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on May 15. Of the companies we watch, short interest decreased on ...
Read Full Story »

With Oil Still Over $60 and Summer Coming, Top Energy Stocks Are a Steal Now

The week that ended last Friday saw the worst flows from energy funds since the middle of December, which then was the worst since 2014. Despite some rumblings that Russia ...
Read Full Story »

M&A Targets Abound in Energy Sector

Chevron Corp. (NYSE: CVX) just pocketed some $9 billion—more than $8 billion it didn't spend to acquire Anadarko plus $1 billion in a breakup, probably paid by Occidental, which outbid ...
Read Full Story »

Why Short Sellers Jumped on 2 Energy Stocks

Crude oil traded at around $61.98 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has dipped from about $64 to around $62 ...
Read Full Story »

Big Short Interest Moves in Some Solar, Alternative Energy Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on April 30. Of the companies we watch, short interest increased on ...
Read Full Story »

Why Chevron Let Anadarko Get Away

In an announcement that should have surprised no one, Chevron Corp. (NYSE: CVX) said Thursday it would not counter a proposal from Occidental Petroleum Corp. (NYSE: OXY) to acquire Anadarko ...
Read Full Story »