Energy Business - Page 2

Can SolarEdge Keep Up the Pace After Q1?

SolarEdge Technologies Inc. (NASDAQ: SEDG) reported its most recent quarterly results after the markets closed on Monday. The company said that it had $0.64 in earnings per share (EPS) and ...
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Clock Now Ticking on Chevron’s Offer for Anadarko

After markets closed Monday, the Anadarko Petroleum Corp. (NYSE: APC) announced that it had determined that the acquisition offer it had received on Sunday from Occidental Petroleum Corp. (NYSE: OXY) ...
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Why Occidental Added More Cash to Offer for Anadarko

The board of directors of Occidental Petroleum Corp. (NYSE: OXY) on Sunday announced that it had revised its offer to acquire Anadarko Petroleum Corp. (NYSE: APC) by boosting the cash ...
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Berkshire Hathaway Jumps Into Occidental-Chevron Battle to Acquire Anadarko, With Caveats

The fight between Occidental Petroleum Corp. (NYSE: OXY) and Chevron Corp. (NYSE: CVX) to acquire Anadarko Petroleum Corp. (NYSE: APC) just took a serious turn. Warren Buffett and Berkshire Hathaway ...
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Why Is Anadarko Talking to Occidental Again?

Anadarko Petroleum Corp. (NYSE: APC) said Monday morning that it intends to resume negotiations with Occidental Petroleum Corp. (NYSE: OXY) as a result of Oxy's offer to pay more for ...
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Short Sellers Hunt Profits in 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 15.  Of the companies we watch, short interest increased on ...
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Short Sellers Remain Cool to Energy Stocks

Crude oil traded at around $64.05 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has risen from about $60 to around $64 ...
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Why Exxon Mobil Earnings Dived in Q1

Exxon Mobil Corp. (NYSE: XOM) reported estimated first-quarter 2019 results before markets opened Friday morning. The integrated oil and gas giant posted quarterly diluted earnings per share (EPS) of $0.55 ...
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3 Top Mega-Cap Energy Stocks Are Huge Buys as Oil Charges to $70

We have remained positive on the energy sector all year here at 24/7 Wall St., as the price of oil has continued to rise much faster than the price of ...
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6 Other Oil & Gas Companies for Chevron and Occidental to Fight Over

Wednesday morning's announcement that Occidental Petroleum Corp. (NYSE: OXY) had countered a previous bid of $33 billion in cash and stock from Chevron Corp. (NYSE: CVX) to acquire Anadarko Petroleum ...
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Occidental Petroleum Stomps on Chevron’s $33 Billion Offer for Anadarko

When Chevron Corp. (NYSE: CVX) announced its $33 billion cash and stock bid for Anadarko Petroleum Co. (NYSE: APC) earlier this month, one of the most surprised observers had to ...
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More Real-Life Delivery Problems Getting Product Out of the Permian

Apache Corp. (NYSE: APA) has seen many ups and downs over various oil cycles, but even without considering the higher highs in the 2008 and 2011 surges, its shares are ...
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Why Goldman Sachs Is Investing in Key Energy

When the markets closed on Thursday for the long weekend, Key Energy Services Inc. (NYSE: KEG) had a market cap of around $77 million. By mid-morning Monday, the firm's market ...
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What Halliburton, Schlumberger Earnings Signal as US Iran Sanctions Waivers End

Crude oil futures traded up about 2% Monday morning following a Washington Post report that U.S. Secretary of State Mike Pompeo will announce today that as of May 2, the ...
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Kinder Morgan Earnings Accompanied by Dividend Hike to New Milestone

Kinder Morgan Inc. (NYSE: KMI) has released its first-quarter earnings for 2019, along with an update on its Permian Basin projects and news of a dividend hike that reached an ...
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