Energy Business - Page 2

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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Why Stifel Is Raising Price Targets on 5 Top Permian Stocks

The new level for acreage prices in the Permian Basin of West Texas and New Mexico was raised last week when RSP Permian Inc. (NYSE: RSPP) exploded on Wednesday on ...
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Exxon Loses Court Fight to Block Investigation Into Climate Statements

A federal judge in New York on Friday dismissed a case launched by Exxon Mobil Corp. (NYSE: XOM) seeking to block investigations by the states of New York and Massachusetts ...
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6 Permian Basin Energy Stocks May Be the Next Takeover Targets

It’s been a long time coming, but many on Wall Street that follow the energy sector have felt for some time that there could be consolidation in the Permian Basin ...
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$9.5 Billion Deal Shakes Up Permian Basin

Two mid-cap oil and gas production companies announced Wednesday morning that they have agreed to the biggest deal ever in the hydrocarbon-rich Permian Basin. Concho Resources Inc. (NYSE: CXO) has ...
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Short Sellers Hike Bets in Major Oil Stocks

Crude oil is above $66 a barrel for the first time since late January and early February, and before this oil had not been at this price level in over ...
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Short Interest in Solar, Alt Energy Stocks Heats Up

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on March 15. Of the companies we watch, short interest rose on ...
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Tipped Workers Will Get to Keep Their Tips

The omnibus budget bill agreed to last night by U.S. House and Senate negotiators is more than 2,200 pages long and authorizes spending of $1.3 trillion for the rest of ...
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RBC Sees 4 Energy Stocks as Potential Takeover Candidates

It happens every year, and 2018 won’t be any different. Larger companies looking to add to growth, in addition to that of the organic or internal variety, scan the field ...
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Why Refiners May Be the Best Q2 Energy Play

Energy was having a tough enough time this year, and things got worse recently for the energy master limited partnerships (MLPs). On March 15, the Federal Energy Regulatory Commission (FERC) ...
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Why Canadian Solar Is Higher Despite Mixed Q4 Results

Canadian Solar Inc. (NASDAQ: CSIQ) released its fiscal fourth-quarter financial results before the markets opened on Monday. The company said that it had $1.01 in earnings per share (EPS) on ...
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