Energy Business - Page 2

Bloom Energy Gets Some Backing Against Short-Seller Attack

A scathing report issued Tuesday by short-seller Hindenburg Research shaved nearly a quarter off the shares of fuel-cell maker Bloom Energy Corp. (NYSE: BE). Bloom's stock is bouncing back on ...
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10 Unbelievable Oil and Gas Movers After Saudi Drone Attack

Crude oil prices spiked by around 20% over the weekend following the drone attack on Saudi Arabia's Abqaiq crude processing plant. It could have been worse. High global crude oil ...
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Short Sellers Pull Back on Energy Stocks

Crude oil traded around $54.11 a barrel early Thursday, down nearly $3 in the past week. Over the past month, the price of West Texas Intermediate (WTI) crude for immediate ...
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Despite a Higher Dividend Predicted, Kinder Morgan Takes Key Analyst Downgrade

Kinder Morgan Inc. (NYSE: KMI) traded lower on Tuesday after an analyst downgrade added pressure on the shares. The independent research firm Argus downgraded Kinder Morgan to Hold from Buy. ...
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Why Saudi Arabia Is Changing Its Top Oil Industry Executives

The initial public offering (IPO) of a rumored 5% stake in Saudi Arabia's national oil company, Saudi Aramco, heated up last month, and more fuel was added over the weekend ...
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New Schlumberger CEO Outlines Strategic About-Face

At the Barclays CEO Energy-Power Conference on Wednesday, Olivier Le Peuch, CEO of oilfield services company Schlumberger Ltd. (NYSE: SLB), outlined the company's strategy going forward. Put simply, that strategy ...
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Why Energy Master Limited Partnerships May Be the Best Contrarian Bet Ever

If any sector has taken a beating recently it is energy, and within the sector the master limited partnerships (MLPs) have been the real whipping boy. While the benchmark price ...
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Goldman Sachs Very Positive on Top Refining Stocks for Rest of 2019

The energy sector has taken a beating this year, and despite continued cuts in production from the OPEC nations and ongoing geopolitical issues in the Middle East, especially surrounding the ...
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Short Sellers Get Selective With Solar and Alternative Energy Stocks

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended in mid-August. We have compared to these to the short interest from ...
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7 Big Oil & Gas Stocks Analysts Want You to Buy Now

The energy sector used to be rather dominant in the weighting of the S&P 500. In 2019, it's hard to find investors who are all that eager to buy into ...
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Kinder Morgan Sheds Pipeline and Canadian Subsidiary for $3.3 Billion

Energy infrastructure giant Kinder Morgan Inc. (NYSE: KMI) announced Wednesday morning that it has agreed to sell the U.S. portion of its Cochin pipeline system to Canada's Pembina Pipeline Corp. ...
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Hidden Value and Upside Seen in Newest Solar Stock of 2019

Sometimes, timing is everything when it comes to investing. Many companies come public just in time to catch a major sell-off in the broader market indexes, and the performance after ...
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Which Big Oil & Gas Stock Is the Prettiest Pig at the Carnival?

It has been a tough time to be an investor buying stocks in the energy sector. With many of the oil and gas stocks having seen massive losses, there also ...
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Why Bloom Energy Is Sinking

When fuel cell maker Bloom Energy Corp. (NYSE: BE) came public in late July of last year, the shares added $10 to the $15 offering price right out of the ...
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Saudi Aramco Unveils First Financial Results

The Saudi Arabian Oil Company, better known as Saudi Aramco, released first-half 2019 results Monday morning ahead of the state-owned company's first-ever conference call to discuss those results. There should ...
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